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 company鈥檚 turnover to secure a Bounce Back loan鈥��
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Carl Barnes applied for a Bounce Back loan of 拢47,500 for Central Plumbing & Heating Lincoln Ltd.鈥赌�
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He declared the company had a turnover of鈥�340,000 when in reality it was nothing.鈥赌�
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Barnes has been banned as a company director for 11 years. The Secretary of State accepted a voluntary disqualification undertaking offered by him.鈥赌�
The director of a plumbing and heating company has been banned for 11 years after overstating his company鈥檚 turnover by hundreds of thousands of pounds to secure a Covid Bounce Back loan.鈥赌�
Carl Barnes, of Ollerton Road, Retford,鈥痺as the director of Central Plumbing & Heating Lincoln Ltd, which was incorporated in April 2016.鈥���
The company, based on Wavell Drive in Lincoln,鈥痬ade a small profit in its first year of trading, but dormant accounts were filed by Barnes in the following years.鈥赌�
In August 2020, the 45-year-old falsely claimed the company had a turnover of 拢340,000 for 2019, despite the actual turnover being 拢0.听
He received a Covid Bounce Back loan for the company of 拢47,500 which it was not entitled to.鈥赌�
Barnes was disqualified as a director for 11 years on 17 April 2025, with the ban beginning on 8 May 2025.鈥赌�
Kevin Read, Chief Investigator at the Insolvency Service, said:鈥��
Carl Barnes exploited the Bounce Back Loan Scheme by providing false information about his company鈥檚 turnover.鈥赌�
His dishonesty has resulted in this significant director disqualification, which prevents him from forming or managing a company for more than a decade. 鈥��
The Insolvency Service will continue to investigate those who abused this scheme 鈥� designed to help small businesses during the pandemic 鈥� and bring them to justice.
Central Plumbing & Heating Lincoln Ltd went into liquidation in October 2022.鈥赌�
The disqualification order prevents Barnes from being involved in the promotion, formation or management of a company, without the permission of the court.鈥赌�
Further information
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Carl Philip Barnes is of Ollerton Road, Retford, Nottinghamshire. His date of birth is 14 June 1979.鈥赌�
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(company number 09925219).鈥赌�
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Barnes has been banned as a director under the Company Directors Disqualification Act 1986.听
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Individuals subject to a disqualification order or undertaking are bound by a 鈥痳ange of restrictions.鈥赌�