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: August 2018

BRI – News from around the World

31 August 2018:  If, like the author, you are interested to know if/when your business gets mentioned in the news, or there is something posted about it on the internet, you may find yourself being informed about things happening a long way from home. At BRI we quickly discovered that BRI Business Recovery and Insolvency really...
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Helping those that help themselves.

29 August 2018: BRI Business Recovery and Insolvency’s Northampton office are shortly to conclude a creditors’ voluntary liquidation after being appointed in December 2015. Prior to appointment, HMRC had issued a winding-up petition against the company with the director owing circa £100K by way of an overdrawn loan account. The director instructed BRI to...
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Personal insolvencies rise – young men most at risk

16 August 2018: The latest personal insolvency statistics released by the Insolvency Service reveal that personal insolvencies rose 4% from Q1 to Q2 in 2018 and are 27% higher than the same quarter in 2017. Personal insolvencies have been on the rise overall since 2015. Drilling down into the figures further reveals that,...
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BRI rescue company in the retail sector

8 August 2018:  The Milton Keynes office is pleased to announce that Tom Guthrie and Peter Windatt were appointed joint administrators of a company operating in the retail sector.   The administration involved a sale of the business and assets which has resulted in a continuation of the business, a new injection of funding and the...
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Retention of title – the devil is in the detail

2 August 2018:  BRI Business Recovery and Insolvency, when acting as Liquidators or Administrators of a company, often deal with creditors who have supplied products to the company claiming retention of title (ROT). Often the products will have been sold in the normal course of business, therefore there is no ability to claim ROT. However, there...
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