MR Toby Alexander SMITH

1 current appointment

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.

Toby James Smith

10 Years 0 Month(s)
Same month of birth Name matched
Disqualified from
2024-02-26
Date of birth on record
August 1987

Toby James Smith caused Jeffrey Smith & Co (“JS & Co”) to make an application for a Bounce Back Loan (“BBL”) of £50,000, using an overstated turnover figure in the loan application form which he knew, or ought to have known, was false. Consequently, JS & Co received more funds that it was entitled to. In that: A business could apply for a loan of between £2,000 and £50,000 subject to a maximum of up to 25% of its turnover for the calendar year 2019. On 23 May 2020, Mr Smith made an application for a BBL of £50,000 on behalf of JS & Co stating the turnover was £500,000. JS & Co’s turnover figure for the year ending 30 November 2019 was £110,428 and its bank statements show an income of £3,054.10 for the month of December 2019. The accounts for year ending 30 November 2019 and the bank statements for December 2019 provide a total turnover of £113,482.10, therefore JS & Co was only eligible for a maximum BBL of £28,370.53 and received £21,629.47 more than it was entitled to under the scheme. On 17 May 2022, JS & Co entered into a Creditors’ Voluntary Liquidation with liabilities of £127,792.65, including £50,500 which is owed in respect of the BBL.

Details

Nationality
British
Country of residence
England
Date of birth
August 1987
Correspondence address
The Barn Golden Square, Henfield, England, BN5 9DP

Appointments 1

Why these appointments?

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