We have offices in Northampton, Banbury, Coventry, Hitchin, Milton Keynes and Spalding

BRI Business Recovery and Insolvency

We are an independent company of insolvency practitioners committed to finding the right solutions for businesses and individuals in financial difficulty

Monthly Archives: July 2014

Dentists – it’s not just pulling teeth!

We are pleased to announce the successful conclusion of a Dentist's Individual Voluntary Arrangement ("IVA"). The original IVA proposals provided for creditors to receive 100 pence in the pound (i.e. payment in full) over 5 years. However, the Dentist was able to make larger than forecast monthly payments which resulted in the Arrangement being concluded in...
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Coventry’s Young Professional!

Brian Coleman, a senior administrator based in our Coventry office, has recently assumed the role of Chairperson of the Coventry & Warwickshire First Young Professionals Committee for the coming 12 months. Brian has been involved with the Young Professionals ("YP") group for the past few years and was keen to take on the role of Chair...
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Alan’s commitment is recognised by the Prince’s Trust

We have previously reported that Alan Limb, from BRI's Southampton office, is a Volunteer Business Mentor for the Prince's Trust. Alan has performed this role since 2001 and has supported 9 young people in that time who have started their own business with the Trust's help. This commitment was recognised by the Prince's Trust at the...
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BRI River Rat Racers Supporting Shelter!

Every year, Shelter provides free help and advice to more than 3 million vulnerable families living in inadequate or unsafe housing, as well as those at risk of losing their homes altogether. Shelter also campaigns central and local government to improve the lives of families facing bad housing and homelessness. In May 2014, Shelter reported that...
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Property Professionals + Limited (in Liquidation)

Update to creditors, April 2014:- Further to previous updates, the joint liquidators are pleased to report that they have been successful in obtaining two offers of funding in order that the liquidation can be progressed by fully investigating potential legal action with a view to realising funds for the benefit of creditors. The joint liquidators will...
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Hats off to Peter!

Peter Windatt took part in the annual Brain Tumour Research "Wear A Hat Day" on 28 March 2014 and wore a top hat to work for the day. His day included attending a networking lunch (where, by the time the photographer had framed his shot Peter had already finished his meal) - he was raising...
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Midas Precision Metalwork Limited

We are pleased to report that in the above creditors' voluntary liquidation we have recently made a distribution to unsecured creditors in excess of 47p in the £, having already repaid preferential creditors in full. The company commenced trading in 2004 and at the peak of trade, employed 19 people in a profitable business turning over...
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