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: May 2017

Dividend? – yes please.

30 May 2017: BRI Business Recovery & Insolvency deal with members voluntary liquidations (solvent liquidation) where dividends are the “norm” for the Company’s shareholders, very often within a matter of weeks from appointment. BRI also deal with creditors’ voluntary liquidations (insolvent liquidation). Northants Precision Grinding Limited (“NPG”) is one such insolvent liquidation...
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Alan helps with recovery at local school

26 May 2017: At BRI, our business recovery work includes helping underperforming companies address their financial and operational problems. Alan Limb, from our Southampton Office, has used that experience to assist his local primary school in Niton, Isle of Wight. The school was placed into Special Measures by Ofsted in 2013 and was judged...
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Uncertain trading conditions

23 May 2017: Last year the referendum increased uncertainty in the business world. Many companies responded by deferring long-term plans and commercial decisions until some of that uncertainty had resolved itself. But at some point, companies have to take a view and make some choices. Dealing with the fluctuating pound is important and some...
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Security in relation to HMRC taxes

16 May 2017: HM Revenue & Customs (“HMRC”) may ask for a deposit or bond if they think there’s a risk you won’t pay your tax or duty on time. They call this a security and if you don’t pay your bill HMRC can use the security to settle it. HMRC won’t accept property or...
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You have got to start somewhere …

12 May 2017: Whilst we specialise in business recovery and insolvency, some team members of BRI also play golf (often badly) and organise and attend BRI’s golf events in Northampton and Coventry. Adam King from BRI’s Northampton office is endeavouring to introduce local professional contacts to the wonderful game by organising a Golf 4 Beginners event...
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BRI spread their wings…

11 May 2017: We are delighted to announce that BRI are further broadening their reach across the shires with the opening of a new office in Spalding. Chris Murphy, who has been a part of the Milton Keynes team for the last two years, will be at the reins and this is an...
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Preying on the emotionally weak

4 May 2017: When a company enters insolvency, creditors inevitably suffer and their emotions can be raw and tempers raised. A company’s statement of affairs includes details about creditors and is filed at Companies House for all to see in most insolvencies. A statement of affairs is, fundamentally, a summary of a company’s assets...
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Make sure you can see the wood for the trees

2 May 2017:  Alan Limb from BRI’s Southampton Office reminds us of the need to understand financial information before acting on it.

I was recently asked to meet the directors of a company. They were concerned about the future of their business because they had lost a contract that comprised 25% of...

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