Case details for Adam Etches

Name: Adam Etches

Name: 2020 BOXING LTD

Date of Birth: 26 / 1 / 1991

Date Order Starts: 21 / 9 / 2021

Disqualification Length: 8 Years 0 Month(s)

CRO Number: 12414621

Last Known Address: 40 Valley Road,, , Hackenthorpe, , SHEFFIELD, S12 4LH

Conduct: Between incorporation on 20 January 2020 and liquidation on 29 October 2020, Adam Etches (“Mr Etches”) failed to ensure that 2020 Boxing Ltd (“2020B”) maintained adequate books and accounting records, or, in the alternative, to preserve and deliver up to the Liquidator such records as were maintained, as a consequence of which it has not been possible to explain the following: • The income and expenditure of 2020B for the entire period of its trade, and the resultant asset and liability position at liquidation. • Whether a government backed Bounce Back Loan was validly obtained, in respect of the application criteria being met and also whether the £50,000 received on 29 May 2020 was used for the benefit of the business, as per the stated terms and conditions. • The reason for the receipt of £50,000 from a connected company on 10 June 2020, the subsequent use of those funds, and whether their initial receipt and their subsequent use were for ordinary commercial purposes. • The purpose of the transfer of £85,000 to an unknown third party on 10 June 2020, and the benefit of 2020B of those payments. • The purpose of the transfer of £15,000 to another unknown third party on 10 June 2020, and the benefit of 2020B of those payments. • The circumstances and veracity of a claim of £90,000 made by Mr Etches in the liquidation of 2020B. 

This information is correct as at 2 / 9 / 2021



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