Kilmarnock nurse disqualified as company director for 10 years


Monica Coyle, 51, from Kilmarnock in Ayrshire has been disqualified as a trustee for 10 years after fraudulently claiming a £30,000 government repayment loan (BBL).

Coyle, a former NHS nurse, was a director of Positive Pulse Limited, a health and wellbeing company which offered health checks to company employees. She had also been president of the business and professional women’s group Ayrshire Business Women in 2019.

Coyle applied for the Bounce Back Loan in May 2020 after the Covid-19 pandemic impacted his business.

She falsely stated a turnover of £130,000 in her application, rather than her actual business turnover, which was less than £5,000.

As a result, Coyle received a BBL of £30,000, of which she spent over £26,000 for personal use.

The rebound loans were aimed at small and medium-sized businesses affected by Covid-19, and the loans were designed to support the business, rather than for the manager’s own gain.

Positive Pulse Limited went into voluntary liquidation from creditors in February 2022, owing £30,000 to the bank, under BBL.

The Secretary of State has accepted a disqualification undertaking from Monica Coyle, after she did not dispute that she had caused the company to seek and receive a BBL of £30,000 which the company had not right, as a result of which she received personal gain.

Its ban is effective from September 16, 2022 and will last 10 years.

The disqualification recognizance prevents Monica Coyle from becoming directly or indirectly involved in the promotion, establishment or management of a business, without the authorization of the court.

Inquiry director Steven McGinty said:

“The rebound loans were made for the economic benefit of the company, not for the personal gain of the directors.

“Monica Coyle exploited the scheme and took taxpayer money during the pandemic that she knew she was not entitled to.”

Notes to Editors

Monica Coyle is from Kilmarnock and her date of birth is October 1971.

Company number – SC520256

Trading Address – 49A Portland Road, Kilmarnock, KA1 2EQ

Forfeiture undertakings are the administrative equivalent of a forfeiture order but do not involve court proceedings.

Persons subject to a disqualification order are bound by a [range of restrictions] (

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