Civils boss banned for £200k false Covid loans

Aaron Morby 1 month ago

A Rotherham-based construction director has been banned for 11 years after wrongly claiming £200,000 in Covid bounce back loans.

Stephen Burke, 63, overstated turnover for his four construction firms to secure £50,000 loans on each firm he was not entitled to.

Burke was director of four companies that provided services to construction projects: Yorkshire Plant Hire and Sales Ltd, Yorkshire Site Preparation Ltd, Woodhouse Civil Engineering Ltd and Richmond Brokers Ltd.

One of the four companies, Yorkshire Site Preparation, was listed as dormant with Companies House by January 2020.

Of the other three, their company accounts ending January 2020 indicated turnover ranging from just £635 to £3,400.

Despite this, Burke, who was sole director of each company, stated on the application forms that turnover was between £200,000 and £320,000 for each business.

This allowed him to secure four bounce back loans for the full £50,000 permitted under the scheme.

He spent £174,000 repaying a personal loan to his former partner, which was also a breach of the loans’ conditions as they could only be spent on legitimate business expenditure.

In February 2021, Burke sought to dissolve all four companies. This was blocked due to the outstanding loans being identified, and instead the companies were placed in liquidation.

The liquidator has begun recovery action.

Rob Clarke, chief investigator at the Insolvency Service said: “Coronavirus support schemes were introduced to help British businesses through the most testing of times, providing them with the financial support to protect jobs and return to prosperity.

“Stephen Burke not only sought to defraud the bounce back loans scheme for personal gain, but then sought to cover his tracks by dissolving the companies he’d used.

“This abhorrent conduct has rightly resulted in a lengthy ban, removing his ability to trade with the benefit of limited liability until 2033.”



Latest news

Self-employed labour rates hit record high

Average weekly pay tops £1,000 in London, the South East and East of England.
1 day ago

Network Rail chief takes finance reins at Skanska

Meliha Duymaz is new Chief Financial Officer
1 day ago

Construction Manager of the Year crowned

Kier's Joe O’Connell lands top prize. Full list of winners
2 days ago

Hochtief starts pulling down Welsh pylons

Construction starts on National Grid project
1 day ago

Kier wins London life sciences job

Contractor lands innovative landmark lab development at ARC West London
1 day ago

Social housing bidding opens for £1.5bn energy retrofit cash

First upgrades of social housing stock could start from early next year
2 days ago

Construction arm propels Mace to record profit

Revenue expected to top £2bn this year despite project delays
3 days ago

Fire destroys conveyor belt at Silvertown Tunnel site

Forty firefighters battle blaze at huge London site
3 days ago

Plan for £58m Bristol pharma R&D facility approved

Willmott Dixon in line to build the R&D facility at Bristol & Bath Science Park
2 days ago

Bond Street Elizabeth line station to open next month

Final station on delayed line will welcome passengers in October
2 days ago

Sisk fixes price on £227m Quintain flats job

Quintain signs single-largest contract so far at Wembley Park
3 days ago

Green light for St Helens town centre revamp

English Cities Fund to start phase 1 next April
2 days ago

Rising costs tip William Hare to £3.6m loss

Specialist contractor falls into the red despite near 60% revenue rise to £220m
4 days ago

Safety blitz on “aches, pains and strains” on site

1,000 site visits planned in coming months to check how workers are moving heavy or bulky materials
4 days ago

Drones sent flying underground to check sewers

Traditional inspection teams replaced with latest technology
3 days ago

Plan submitted for 470 Preston flats scheme

Stoneygate Central scheme on Dryden Mill site will rise to 16 storeys
3 days ago

Graham starts £124m M25 Junction 28

Work on the 36-month Junction 28 upgrade includes constructing a major two-lane loop road
3 days ago

Keltbray bags brace of energy infrastructure wins

Civils work on huge converter stations worth £30m to specialist
4 days ago

Balfour Beatty sole winner for £4bn Scape civils deals

Contractor reappointed to England, Wales and Northern Ireland and separate Scottish deals
4 days ago

PR expert Baroness Rock to chair Costain

Kate Rock will take up senior board role at the end of the year
4 days ago

Billington profit upgrade after strong first-half

Steelwork contractor says weaker pound will allow it to reignite its old export markets in Europe
4 days ago

Green light for £120m Liverpool “super restaurant”

Historic Pumphouse at Stanley Dock to be transformed
5 days ago

Tolent bags £15m Sunderland skills academy

Work to start later this year on Housing Innovation and Construction Skills Academy
4 days ago

Government launches net zero review

Pro-growth and pro-business review of net zero 2050 target launches
5 days ago

L&G Modular wins 400-home Wolverhampton job

Modular specialist wins 17-acre Canalside South regeneration scheme
5 days ago

£1.2bn A12 upgrade accepted for planning

15-mile Essex road upgrade between Chelmsford and Colchester aims for 2023/24 start
5 days ago

US consultant trumps WSP bid for RPS Group

Tetra Tech swoops but WSP could come back with new offer if bidding war breaks out
5 days ago

Sisk hands staff £900 cost of living cash boost

Firm also promises staff £400 Christmas voucher in November
5 days ago

Loathed IR35 reforms scrapped by Chancellor

Contractors will no longer have to determine tax status of freelance workers
1 week ago

Higgins signs deal for 740 West London homes

Work to start this autumn on two Hayes housing estate rebuilds
5 days ago

Contractor services