Posted By: Bretts Business Recovery Ltd on 24th September 2021
The Directors of a mechanics and motor parts supplier based in Peterborough have been banned for a total of 25 years after the pair provided false documents to secure £176,000 worth of loans. Adam Hughes received a 13-year disqualification...
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Posted By: Bretts Business Recovery Ltd on 17th September 2021
The number of registered company insolvencies in August 2021 was 1,348 which is at the same level as pre-pandemic figures The latest monthly release of insolvency statistics for England and Wales was published on the 17 September 2021....
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Posted By: Bretts Business Recovery Ltd on 24th August 2021
While the overall number of registered company insolvencies remains lower than pre-pandemic levels, driven by the lower number of compulsory liquidations, CVLs are similar to pre-pandemic levels. The latest monthly release of insolvency...
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Posted By: Bretts Business Recovery Ltd on 27th July 2021
Jacob Isaacs & Co Ltd, incorporated in August 1998 and classified as being in the wholesale trade was run by Isaac Jacobson, 51, from Salford until it was liquidated in July 2017. As part of the liquidation, the Insolvency Service...
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Posted By: Bretts Business Recovery Ltd on 21st July 2021
If you are a company director and you fail to undertake your duties ( if you need a reminder of what directors’ duties are see our guide here Directors' Duties) you could be deemed “unfit”. Some of the most common failings in duties to get to...
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Posted By: Bretts Business Recovery Ltd on 19th July 2021
Company and individual insolvencies remain low, CVLs are increasing The latest monthly release of insolvency statistics for England and Wales was published on the 16 July 2021. * Overall, the numbers of registered company insolvencies have...
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Posted By: Bretts Business Recovery Ltd on 13th July 2021
Becoming a company director gives you a position of authority over the management of your business as well as responsibility for its performance. It is imperative that you understand your duties and responsibilities; general duties as detailed in...
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Posted By: Bretts Business Recovery Ltd on 15th June 2021
Company and individual insolvencies remain low The latest monthly release of insolvency statistics for England and Wales was published on the 15 June 2021. * Overall, the numbers of registered company insolvencies have remained low since the...
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Posted By: Bretts Business Recovery Ltd on 8th June 2021
Car dealer John Brian Capper from Shipley, West Yorkshire, has been sentenced to an 18-month community order, including 250 hours of unpaid work, after failing to provide books and records when his company was wound up due to alleged tax liabilities...
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Posted By: Bretts Business Recovery Ltd on 4th June 2021
Important insolvency legislation changes have been proposed which mean that Directors of dissolved companies, particularly those that have received government support through bounce back loans or CBILS, can be investigated by the...
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