MR Steven Vernon ROSS

Disqualified from

2026-05-06

Date of birth on record

May 1981

On 6 May 2020, Steven Vernon Ross (“Mr Ross”) caused or allowed Creative Stevie Limited (“Creative”) to make a Bounce Back Loan (“BBL”) application of £50,000, when he knew or ought to have known that Creative was not eligible for a BBL under the terms of the scheme. As a result, Creative received BBL funds that it was not entitled to, in that: • The terms of the BBL Scheme stated that a business could apply for a loan of up to 25% of the Company’s turnover, from a minimum of £2,000, up to a maximum of £50,000. The turnover figure was self-certified by the applicant. The turnover figure required was that for the calendar year 2019 or where a business was established after 01 January 2019 it was their estimated turnover. • Creative was incorporated on 30 September 2016, commencing trading in October 2018 and therefore was required to provide turnover for the calendar year 2019. • On 6 May 2020, Mr Ross’ co-director applied for a BBL of £50,000 on behalf of Creative, declaring a turnover of £300,000 in the calendar year 2019. • On 11 May 2020, Creative received a BBL of £50,000. • Accounts for the year ending 30 September 2019 show turnover of £1,261. • Accounts for the year ending 30 September 2020 show turnover of £1,127 • Creative was not eligible for a BBL of any amount given that it had insufficient turnover to meet the minimum criteria. • Creative received £50,000 more than entitled to from the BBL scheme. • Total liabilities at Liquidation amount to £360,331 of which at least £39,482 relates to the amount owed in respect of the BBL.