Manufacturer banned after abusing loan agreements
Manufacturer banned after abusing loan agreements Metals manufacturer banned for 8 years after illegitimately diverting more than £510,000 from finance company. From: 1 February 2021 Daniel Jon Knowles (36), from Bromsgrove, Worcestershire, was a director of HE Knowles (Manufacturing) Ltd. Incorporated in November 2016, the company provided metal products for the construction trade. When HE Knowles (Manufacturing) Ltd provided products to customers, they would also submit the invoices to an external financing company to secure funds in advance. The finance company would then recoup the i...
Source: gov.uk