United Kingdom directors disqualificationbounce back loanunfitness

Re UK Dream House Ltd

[2025] EWHC 98 (Ch)

JurisdictionUnited Kingdom

CourtHigh Court of Justice, Business and Property Courts, Insolvency and Companies List

Year2025

StatusBinding authority

Key Principle

Where the disparity between the turnover claimed on a Bounce Back Loan application and the company's actual turnover is so great that it cannot be explained as a genuine but mistaken estimate, the director's conduct in obtaining and then misapplying the loan demonstrates a want of probity rendering him unfit under s.6 CDDA 1986.

Area of Law

General

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