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: July 2019

Director disputes and insolvency

24 July 2019:  The Hitchin office has seen an increase in disputes between company directors/shareholders in owner managed businesses. Director disputes can put extreme pressure on a business and its financials; in some cases this can lead to the company falling into insolvency. When a company is insolvent, directors have certain duties and obligations. One of...
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Members’ Voluntary Liquidations

18 July 2019: Nobody sets up in business with the goal of putting their company into liquidation. A significant proportion of our clients have hit a bump in the road and need some corrective action to stay in business. However, at the other end of the spectrum are the successful entrepreneurs. Those whose business has...
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The Company is Limited but is my liability?

10 July 2019: Most company directors will have the belief that by setting up a limited company they will have set a limit on their own liabilities. However, a decision in a recent court case resulted in the directors of a company being found liable for creditor claims in tort due to their actions...
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HMRC claim small businesses owe £14bn in taxes.

2 July 2019:  We last reported that the government is proposing a two month breathing space to struggling debtors. It has now also been reported that small businesses owe HMRC £14bn in taxes. The amount of uncollected tax has hit £35bn, with small businesses accounting for the largest percentage of the tax gap at £14bn...
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