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The Eel Screen Company Ltd. provided a false turnover to secure a £50,000 Bounce Back Loan in 2020, the maximum allowed under the scheme which was designed to support businesses during the pandemic
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Financial inconsistencies were also found in the company’s application for a £225,000 Recovery Loan Scheme loan almost two years later
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Investigations by the Insolvency Service have resulted in The Eel Screen Company being wound-up in court
A Lincolnshire eel protection business has been closed down after investigations by the Insolvency Service revealed two cases of government loan misconduct.
The Eel Screen Company Ltd, based on Dolphin Road in Boston, was wound-up at the High Court in…
