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: March 2019

Staff success

22 March 2019:  It is with great delight that we announce the success of Dan Smith in passing the Joint Insolvency Examination Board exams.  The two exams, one on personal insolvency and the other corporate insolvency, are sat once a year and test the boundaries of knowledge on all aspects of insolvency. The handful of complex...
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Not always fair game

19 March 2019: Our Spalding office dealt with a recent enquiry involving a company director who had incurred the wrath of gaming fans following an unsuccessful event, held for players of virtual games to experience something more akin to ‘the real thing’. The non-attendance of several staff members led to long queues for eager fans and...
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How many new tennis balls are used at Wimbledon each year?

14 March 2019:  The above was the tie break question at BRI Business Recovery and Insolvency’s annual quiz held on 7 March 2019. With 37 teams attending, three teams scored the same number of points and the above question was asked to establish second and third place with HSBC beating Hewitsons Solicitors to second place and Hawsons finishing...
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Increase in company county court judgments (“CCJ’s”)

8 March 2019:  It has been reported that there were 93,534 CCJ’s against companies in England and Wales in 2018, a 27% increase from 2017. The recording of a CCJ is, quite often, an early indication that all is not well on behalf of the recipient from a financial aspect. A CCJ will also have...
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Case study – Partners of a partnership – full exposure

5 March 2019: The Hitchin office has recently dealt with a two partner unincorporated partnership that is experiencing financial difficulty. The unincorporated partnership has assets which would only be sufficient to cover some of its liabilities. Therefore, as the partnership does not provide a limited liability to its members, the individual partners were left...
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