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Article Construction News UK

Director banned for 15 years over Covid loan for firm that ‘never traded’

Construction News UK May 19, 2026 · 11:45 am Read Original
Pessimistic -32.1
−100 Bearish 0 +100 Bullish
Director banned for 15 years over Covid loan for firm that ‘never traded’

A company director has been banned for 15 years after obtaining a £46,500 Covid Bounce Back loan for a construction company that never traded, according to the Insolvency Service. Ademilson Nascimento, of Ridgemount Close in South London, obtained the loan in July 2020. He had…
The post Director banned for 15 years over Covid loan for firm that ‘never traded’ appeared first on Construction News.

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Article Info
Source Construction News UK
Published May 19, 2026 · 11:45 am
Article ID ej1cge6
Original URL Open source
Sentiment Signal
Pessimistic -32.1
−100Neutral+100
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