We often get asked when dealing with creditors in insolvency situations, what the order of priority is for payments. Who ranks above whom? Where does the bank and HMRC rank? If the bank has security, do employees rank ahead of them? The simplest...
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A biochemical firm manufacturing eco-friendly cleaning products with 14 staff has been saved with a pre-packaged administration deal managed by Bretts Business Recovery. The firm was incorporated in 1996 and was run by a sole Director and...
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A Director from a civil engineering and plant hire firm in Northern Ireland has been disqualified for six years in respect of his conduct as a director. Michael Fleville & Sons plant hire entered liquidation on 18 July, 2014, with estimated...
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From 6th April 2017 the new insolvency rules come into effect, these changes will no doubt have significant impact on the Insolvency profession. The changes have been brought about to increase creditor engagement and to streamline the profession....
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A few weeks ago we were delighted to report that Bretts Business Recovery was shortlisted for three categories in this year’s KWIB Awards (Kent Women in Business Awards). Isobel Brett, Director along with Bretts Business Recovery were finalists...
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Owain George is the former landlord of The Albion in Clifton Village and former Bristol Mayor candidate has been disqualified from being a director following the failure to pay HMRC. George stood as an independent candidate for Bristol mayor in...
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Business rates in the UK, Wales and Scotland are all up for revaluation. At revaluation, the government adjusts the value of business rates to reflect changes in the property market. It usually happens every 5 years. The most recent revaluation...
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Bretts Business Recovery is delighted to have been shortlisted for three categories in this year’s KWIB Awards (Kent Women in Business Awards). Isobel Brett, Director along with Bretts Business Recovery have been shortlisted for; Finance...
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We have been having an exciting time here at BBR over recent months as well as moving into our new offices in Dartford we are also delighted to announce the expansion of our team. The new staff members further strengthen our capabilities and broaden...
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Circumstances change and can unfortunately lead to financial difficulties. In some cases, particularly for sole traders when it looks like there is no way out, an Individual Voluntary Arrangement (IVA) may be a suitable alternative to...
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