Name: Paul Gerald Wyber

Name: GERRY'S LTD.

Date of Birth: 25 / 8 / 1990

Date Order Starts: 28 / 1 / 2026

Disqualification Length: 10 Years 0 Month(s)

CRO Number: 12466177

Last Known Address: Apartement 64, 1 Riverlight Quay, , , London, SW11 8AU

Conduct: On 08 October 2020 Paul Gerald Wyber (‘Mr Wyber’) applied for and obtained a Government-backed Bounce Back Loan (‘BBL’) of £50,000 on behalf of Gerry’s Ltd (‘Gerry’s’) by providing false or knowingly inaccurate information regarding Gerry’s’ turnover, when he knew or ought to have known that Gerry’s was not entitled to a BBL of that amount. In that: • The BBL scheme permitted a loan of up to 25% of a business’ turnover in the calendar year 2019 (or estimated annual turnover from the date it started if it had been established after 01 January 2019) to a maximum of £50,000. • Gerry’s was incorporated on 17 February 2020, and Mr Wyber has stated that it commenced trading immediately • The first transaction on account 1 occurred on 01 March 2020. • The first transaction on account 2 occurred on 11 October 2020. • Mr Wyber has provided Annual Reports for Gerry’s for the period from incorporation to 31 December 2020 and for year ended 31 December 2021 which, respectively, disclose turnover of £nil and £44,913. • As Gerry’s commenced trading after 01 January 2019, it was permitted to estimate its annual income for the BBL application. • Para 8. of the BBL declaration signed by Mr Wyber on 08 October 2020 states that more than 50% of business income should be derived from trading activity. • On 08 October 2020 Mr Wyber applied for a BBL, stating that Gerry’s’ estimated turnover from the date the business started was £250,000 and requesting a loan of £50,000. • The Annual Report for the period to 31 December 2020 shows that Gerry’s had generated no turnover in the period therefore it was not realistic that the company was going to generate over £200,000 in the first year of trading. • Gerry’s made repayments totalling £1,621.16 against the loan such that the high street bank that made the loan was owed £49,429.84 as at the date that Gerry’s went into liquidation. 

This information is correct as at 7 / 1 / 2026

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