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: August 2017

Silver Award for Sailability Volunteer Peter

30 August 2017:  As the final Sailability Friday afternoon races for the Summer 2017 season drew to a close the Northampton Sailability Team had a final “Race for Gold” event on Saturday which saw a number of volunteers race their own boats in addition to the regular racers sailing the more accessible Hansa Access 303’s,...
Read more

Employee Benefit Trusts (EBT) Update

23 August 2017:  Finance Bill (No. 2) 2017 draft legislation was published on 13 July 2017, which includes the loan charge that will be applied on outstanding EBT loans. PAYE and NIC will be applied on loans which remain outstanding at 5 April 2019. The loan charge will fall on the employer in the first instance...
Read more

Buying a financially troubled business?

21 August 2017:  How do you pick up the pieces from a financially troubled business and absorb them into your own operations or turn them around into a successful enterprise in their own right? Lots of successful enterprises today have risen from the ashes of others, which have either become insolvent and ceased to trade or...
Read more

Playing with a straight bat!

17 August 2017:  BRI Business Recovery and Insolvency take great pride in providing the best advice irrespective of the outcome for ourselves - always “playing with a straight bat”. We also entertain our cricket playing contacts with a game or two every year at Boughton Cricket Club in Northampton.  Our final game of 2017 took place...
Read more

Thirsty on a Thursday?

15 August 2017: Thirsty Thursday is an informal networking event aimed at the young professionals of Northampton and surrounding areas. It is hosted by BRI Business Recovery and Insolvency’s Northampton office together with Kilby Fox and Lambert Smith Hampton. It is held on the first Thursday of each month at The Old White Hart Inn, Far...
Read more

Community Matters

14 August 2017: The Milton Keynes office has been assisting a solvent working men's club to bring the affairs of the club to an end after its members resolved that the club should close. The sale of the club’s freehold property realised net sale proceeds of almost £700,000. The club's management committee sought...
Read more

It’s all about statistics

4 August 2017:  The latest quarterly insolvency statistics were released on 28 July 2017 and indicate that the underlying number of company insolvencies fell to the lowest level since comparable records began in 2000. Personal insolvencies also decreased, driven primarily by a decrease in Individual Voluntary Arrangements (“IVA”). The actual number of corporate failures was up...
Read more