We have offices in Northampton, Banbury, Coventry, Hitchin, Milton Keynes, Southampton 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: February 2016

An Evening of Speed Networking!

29 February 2016: The BRI team in Milton Keynes hosted yet another successful and unique networking event where local professionals enjoyed an evening of simulated motor racing in a Le Mans style endurance event at Simply Race in Stacey Bushes. Nine teams enjoyed high speed racing around the French Grand Prix Circuit de Dijon-Prenois...
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Date with BRI

18 February 2016:  The BRI Hitchin office hosted another ‘Date with BRI’ in celebration of their fourth anniversary in Hitchin. The lunch was held in the heart of Hitchin at The Priory, where a number of local professionals from Hertfordshire and Bedfordshire joined the BRI team. Thank you to all who attended and we look forward to...
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Keeping busy in a, relatively, quiet market…

17 February 2016: As we recently reported, according to official figures from The Insolvency Service, an estimated total of 14,629 companies entered into a formal insolvency process in 2015, which was 10% lower than the total in 2014 and the lowest annual total since 1989. The number of companies that faced a compulsory winding-up order...
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Liquidation of two established Northampton companies

4 February 2016: BRI's Northampton Office has recently been appointed liquidators over Northants Precision Grinding Limited ("NPG") and Roy Brothers Limited t/a Wright and Sons ("RB"). NPG was a well established specialist precision grinding company and was incorporated in 1962. At the time of cessation of trade in late December 2015 NPG employed 8 people, many...
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A sale is a gift until it is paid for

1 February 2016: Research published this week by Lloyds Bank estimates that British SMEs are owed more than £500billion by their customers in outstanding invoices, an increase of more than 70% compared with 2014. The research also states that 17% of SMEs admit to having cashflow problems with 31% saying that late payment was the...
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