Press release

Director disqualified for 11 years after dishonestly securing Covid loan for Lincoln plumbing and heating company

Carl Barnes, the director of Central Plumbing & Heating Lincoln Ltd, made false statements about the company바카라 사이트™s turnover to secure a Bounce Back loan바카라 사이트¯바카라 사이트¯

• From: The Insolvency Service
• Published: 20 May 2025

• Carl Barnes applied for a Bounce Back loan of £47,500 for Central Plumbing & Heating Lincoln Ltd.바카라 사이트¯â¿’¯Â 

• He declared the company had a turnover of바카라 사이트¯Â£340,000 when in reality it was nothing.바카라 사이트¯â¿’¯Â 

• Barnes has been banned as a company director for 11 years. The Secretary of State accepted a voluntary disqualification undertaking offered by him.바카라 사이트¯â¿’¯Â 

The director of a plumbing and heating company has been banned for 11 years after overstating his company바카라 사이트™s turnover by hundreds of thousands of pounds to secure a Covid Bounce Back loan.바카라 사이트¯â¿’¯Â 

Carl Barnes, of Ollerton Road, Retford,바카라 사이트¯was the director of Central Plumbing & Heating Lincoln Ltd, which was incorporated in April 2016.바카라 사이트¯바카라 사이트¯바카라 사이트¯Â 

The company, based on Wavell Drive in Lincoln,바카라 사이트¯made a small profit in its first year of trading, but dormant accounts were filed by Barnes in the following years.바카라 사이트¯â¿’¯Â 

In August 2020, the 45-year-old falsely claimed the company had a turnover of £340,000 for 2019, despite the actual turnover being £0. 

He received a Covid Bounce Back loan for the company of £47,500 which it was not entitled to.바카라 사이트¯â¿’¯Â 

Barnes was disqualified as a director for 11 years on 17 April 2025, with the ban beginning on 8 May 2025.바카라 사이트¯â¿’¯Â 

Kevin Read, Chief Investigator at the Insolvency Service, said:바카라 사이트¯바카라 사이트¯Â 

Carl Barnes exploited the Bounce Back Loan Scheme by providing false information about his company바카라 사이트™s turnover.바카라 사이트¯â¿’¯Â 

His dishonesty has resulted in this significant director disqualification, which prevents him from forming or managing a company for more than a decade. 바카라 사이트¯바카라 사이트¯Â 

The Insolvency Service will continue to investigate those who abused this scheme 바카라 사이트“ designed to help small businesses during the pandemic 바카라 사이트“ and bring them to justice.

Central Plumbing & Heating Lincoln Ltd went into liquidation in October 2022.바카라 사이트¯â¿’¯Â 

The disqualification order prevents Barnes from being involved in the promotion, formation or management of a company, without the permission of the court.바카라 사이트¯â¿’¯Â 

Further information

• Carl Philip Barnes is of Ollerton Road, Retford, Nottinghamshire. His date of birth is 14 June 1979.바카라 사이트¯â¿’¯Â 

• (company number 09925219).바카라 사이트¯â¿’¯Â 

• Barnes has been banned as a director under the Company Directors Disqualification Act 1986. 

• Individuals subject to a disqualification order or undertaking are bound by a 바카라 사이트¯range of restrictions.바카라 사이트¯â¿’¯Â 

• Read more about the Bounce Back Loan Scheme and the action the Insolvency Service can take if it finds misconduct.바카라 사이트¯â¿’¯Â 

• Further information about the work of the Insolvency Service, and how to complain about financial misconduct.

Published 20 May 2025