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: July 2016

The Mystery of the Missing Company

28 July 2016: Alan Limb, an Insolvency Practitioner from BRI’s Southampton office, tells the story of company where not everything was as it seemed. We were recently contacted by HMRC and asked to take the appointment as Liquidators of a company that had been wound up for unpaid Corporation Tax. The company had filed...
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Creditors receive dividends within 6 months of appointment.

18 July 2016:  BRI Business Recovery & Insolvency Northampton Office are dealing with the creditors’ voluntary liquidation of Urban Logistics Limited and were appointed on 23 December 2015. The Company assets have now been realised with preferential creditors receiving payment in full and all non-preferential creditors receiving 22 pence in the pound on...

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Dividend in Bankruptcy

14 July 2016:  After realising the Debtor’s interest in the two properties in their bankruptcy estate, one of which was the Debtor’s holiday home in France, we are pleased to have recently advertised for creditor claims notifying creditors that a modest dividend will be paid within two months of the deadline given.  The...

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Bedfordshire published their quarterly economic survey on 1 July 2016.

13 July 2016: Q1 2016 showed that there had been a downturn in local business confidence but quarter 2 bounced back in line with previous survey responses, which showed 60% of respondents expecting to see profits rise in the next 12 months. However, the survey also warned that with the results of EU Referendum now confirmed...
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(Foot)golf; a good walk spoiled?

11 July 2016:  Someone (possibly Mark Twain) once said ‘golf is a good walk spoiled’, whether they would have considered footgolf an improvement or regression is open to debate, but attendees at our recent BRI Milton Keynes event at Wavendon Golf Academy certainly seemed to enjoy themselves. 

Six teams of three...

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