The director of a Greater Manchester signage and graphics business has been disqualified after overstating turnover to gain the maximum Bounce Back Loan during the Covid-19 pandemic.
Rebecca Murray, now Rebecca Rathmill, was the sole director and majority shareholder at Bury Signs Limited.
The Insolvency Service report into her conduct found that she caused Bury Signs to apply for a Bounce Back Loan (BBL) using overstated turnover figures.
Rathmill applied for a BBL of the maximum amount of £50,000 and declared that the firm’s turnover for calendar year 2019 was £200,000. The turnover figure was self-certified.
However, Bury Signs’ accounts for the period showed that turnover was…