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: November 2020

Substantial return to creditors – what great news!

25 November 2020:  When appointed as liquidators of an insolvent company, we make every possible effort to achieve the maximum return for creditors. The size of the distribution will, of course, depend on the value of the assets held by the company at the time of liquidation. It is always therefore extremely rewarding for us when...
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Local Authorities budgets stretched to bursting

19 November 2020:  The recent news that Croydon Council has declared effective bankruptcy by filing a Section 114 notice is a timely reminder about the precarious nature of a local authority’s finances. The job of balancing the books was already very difficult and the coronavirus pandemic is likely to have a detrimental impact on this, not...
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CVA? Administration? Maybe just a letter and a nice chat.

12 November 2020:  Forgive us for beginning this article by repeating a point made many times before but the formal appointments that we deal with really are just the tip of the iceberg of enquiries that make up our working days. A very apt recent example of this, which happens to also provide a fine example...
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All change but our advice remains the same – contact BRI early

3 November 2020:  The initial draft of this article was written when it was anticipated that the end of a range of Government support schemes and mortgage holidays would come into force on 1 November 2020. The Government has since announced there will be a further lockdown from 5 November 2020 and has, and quite rightly...
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