Daniel Goodall

Introduction

Daniel Thomas Goodall is a company director whose handling of a pandemic-era loan at Goodall Global Investments Ltd (“GGI”), a United Kingdom company incorporated on 30 August 2018, has left him disqualified for 11 years and named on the Insolvency Service’s public register of disqualified directors. The register records that on 19 May 2020 he caused GGI to breach the terms and conditions of the Bounce Back Loan scheme by applying for a £50,000 loan using overstated turnover figures, when he knew or ought to have known that GGI was not eligible for a loan of that amount, and that he failed to use the BBL funds for the economic benefit of the company. The company received £46,681 more from the scheme than its accounts entitled it to, and went into creditor voluntary liquidation in March 2025 owing £140,405.

Background Information

The Bounce Back Loan (BBL) scheme, as set out in the conduct account on Goodall’s register entry, allowed a business to borrow up to 25% of its turnover in calendar year 2019, up to a maximum of £50,000. A business established after 1 January 2019 was instead to apply the 25% limit to its estimated annual turnover from the date it started. Eligibility rested on declarations the applicant made for himself: a borrower had to declare that the business was carrying on business on 1 March 2020 and was engaged in trading or commercial activity in the United Kingdom as at the date of application, and had to confirm that the funds would be used only to provide an economic benefit to the business and not be used for personal benefit. GGI sat on the wrong side of the estimate rule: it was incorporated on 30 August 2018, so it was required to use its actual turnover for the 2019 calendar year on the application.

The disqualification is recorded on the Insolvency Service’s register of disqualified directors, which publishes for each entry the director’s name, the company, a CRO number, the date the order starts, the length of the ban and a narrative conduct account, stated correct as at 7 July 2026 here. The conduct account is the heart of the entry: it is where the regulator records, figure by figure, what the director did and what he knew or ought to have known when he did it.

The Controversy or Incident That Led to Their Cancellation

Director disqualified for 11 years over a fraudulent Bounce Back Loan claim. The disqualification order starts on 28 July 2026 and runs for 11 years.

On 19 May 2020 Goodall applied for a £50,000 Bounce Back Loan on behalf of GGI, stating on the loan application that the company’s relevant turnover was £250,000. On 21 May 2020, two days later, BBL funds of £50,000 were credited into GGI’s bank account. The register’s finding is that he caused the company to breach the scheme’s terms by applying “using overstated turnover figures, when he knew or ought to have known that GGI was not eligible for a loan of that amount”, and that he “failed to use the BBL funds for the economic benefit of the company”.

The company’s own accounts made the declared figure untenable. GGI’s profit and loss accounts for the financial year ending 31 August 2019 show a turnover of £773; those for the financial year ending 31 August 2020 show a turnover of £12,500. Based on turnovers covering calendar year 2019 of not more than £13,273, the register calculates that GGI would have been eligible for a BBL of not more than £3,319. Against the £50,000 it drew, the company received £46,681 more than it was entitled to — a claim resting on a declared turnover figure roughly nineteen times what the accounts for the year that governed eligibility actually showed.

The conduct account then follows the money. A payment of £47,500 was made on 29 May 2020, eight days after the loan landed, to a third-party individual; at least £15,770.94 of it came from BBL funds. Goodall, the register states, has failed to evidence that these funds were used for the economic benefit of GGI — going to the very declaration the scheme required, that the money would benefit the business and not be used for personal benefit.

Public Reaction and Consequences

Nothing in the entry suggests the discrepancy was caught at the time: the £50,000 was credited within two days of the application, on the strength of the applicant’s own declarations. The consequences recorded run in two directions. For the company, GGI went into creditor voluntary liquidation on 28 March 2025, with liabilities totalling £140,405, of which £48,357.70 was owed to the bank in respect of the Bounce Back Loan — effectively the whole amount borrowed, still outstanding at the end. For the director, the consequence is the disqualification itself: 11 years, starting 28 July 2026, with the full conduct account — the declared £250,000, the accounts showing £773, the £47,500 third-party payment — published on a public register under his name.

Current Status

Goodall’s disqualification order starts on 28 July 2026 and, at 11 years, runs into 2037. GGI has been in creditor voluntary liquidation since 28 March 2025, owing £140,405 including the £48,357.70 owed to the bank for the loan. The register entry was stated to be correct as at 7 July 2026. No criminal proceedings are mentioned in the entry; the sanction recorded there is the disqualification itself and the publication of the conduct account beside it.

Impact on Their Career/Life

The length of the ban reflects how the claim was assembled rather than a single wrong line: an application declaring £250,000 of relevant turnover against accounts showing £773 for the year that mattered, a loan £46,681 over the company’s entitlement, and £47,500 out the door to a third-party individual within days, at least £15,770.94 of it BBL money never shown to have benefited the business. For 11 years from 28 July 2026 Goodall is disqualified from acting as a company director. GGI is gone, the bank is left carrying the £48,357.70 recorded at liquidation, and the register entry will sit under his name until the ban expires in 2037.

Sources

• Insolvency Service, “Disqualified Director Details: Daniel Thomas Goodall” — source