CompaniesInTheUK

MR JOHN STEWART HUGHES

1 current appointment · 1 resigned

Director disqualification 1

A record on the Insolvency Service's register of disqualified directors matches this person's name and date of birth. Companies House publishes no reliable person identifier, so confirm on the official register before relying on it.

JOHN STEWART HUGHES

10 Years 0 Month(s)
Same month of birth Name matched
Disqualified from
2024-01-23
Date of birth on record
March 1954

On or around 9 September 2020, Mr John Stewart Hughes (“Mr Hughes) caused the Clayton Stone Company Ltd (‘CSCL’) to apply for and obtain a £50,000 Government-backed Bounce Back Loan (‘BBL’) to which it was not fully entitled, by providing false or knowingly inaccurate information regarding the turnover of CSCL for 2019. In addition, Mr Hughes has failed to provide evidence that the loan was used in its entirety for the economic benefit of CSCL, contrary to the terms and conditions of the BBL Scheme, in that: CSCL was incorporated on 11 November 2015. Filed accounts for the year ended 30 November 2019 show total income of £80,232. Mr Hughes applied to CSCL’s bank for a BBL of £50,000 stating that CSCL’s turnover for 2019 was £200,000. CSCL was eligible for a BBL of no more than £20,058 based on the 2019 accounts, hence Mr Hughes obtained £29,942 more BBL funding than CSCL was entitled to. The BBL of £50,000 was received into CSCL’s bank account on 9 September 2020. Prior to receipt of the BBL, the bank account held a credit balance of just £76.57. No trading income was received between receipt of the BBL and cessation of trading. Between 10 September 2020 and 15 September 2020, three payments amounting to £11,000 were made to Mr Hughes. On 14 September 2020, £26,200 was paid to a third-party company for a motor vehicle. Cash withdrawals of £9,980 were made between 14 September 2020 and 16 July 2021. Mr Hughes has, to date, failed to provide CSCL’s accounting records to the Liquidator or any other evidence to prove that the transactions referred to above were for the economic benefit of the CSCL. The bank has submitted a claim for £50,207 in the liquidation proceedings.

Details

Occupation
DIRECTOR
Nationality
BRITISH
Country of residence
ENGLAND
Date of birth
March 1954
Correspondence address
HIGH BRAKE HALL COTTAGE, STONE HEY HUNCOAT, ACCRINGTON, LANCASHIRE, BB5 6LZ

Track record

2

companies, the first appointed in 2002. All 2 are now dissolved.

Appointments 2

Why these appointments?

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Records that may be the same person 1

These are separate Companies House records that share details with this one. Companies House does not publish a reliable person identifier, so they may or may not be the same individual. Check before relying on this.