Posted By: Bretts Business Recovery Ltd on 6th December 2022
It’s tempting to not think past the end of December and the Christmas break, but a little pre-planning now could save you heartache and insolvency later. Inflation, interest rate rises and the cost of living will continue to impact cashflows so...
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Posted By: Bretts Business Recovery Ltd on 9th November 2022
The Debt Respite Scheme is the official name for Breathing Space, a government programme that grants those individuals in debt a break from the stress of missed payments and a chance to catch up financially. If you’re struggling to pay off your...
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Posted By: Bretts Business Recovery Ltd on 19th August 2022
Figures from Gov.uk show that there are close to 5 million incorporated businesses operating in the UK today. More sobering figures show that 1 in 5 or 20% of newly incorporated businesses will fail in the first year. There are a number of reasons...
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Posted By: Bretts Business Recovery Ltd on 22nd July 2022
Grigorijs Hacaturjancs, the director of online hair and beauty business Beauty & Melody Shop Ltd, has been disqualified as a director for 10 years after fraudulently claiming a £50,000 Bounce Back Loan. Beauty&Melody Shop Ltd was...
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Posted By: Bretts Business Recovery Ltd on 21st January 2022
It’s often the case that January is written off, what with the recovery from the pre-Christmas rush and the subsequent focus on the end of January deadlines for tax returns. But spending some time making sure that you are “business fit” will...
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Posted By: bretts_admin_access_account on 23rd November 2021
HMRC paused many of its debt collection activities during the COVID-19 pandemic and has been delivering support packages like the Coronavirus Job Retention Scheme and Self Employment Income Support Scheme. Now that these support measures have come...
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Posted By: Bretts Business Recovery Ltd on 10th November 2021
A construction company, Pazhar Zvezdy Ltd, was wound-up in the public interest in the High Court earlier this year. The company traded as a residential and commercial construction company, but, following complaints,...
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Posted By: Bretts Business Recovery Ltd on 21st October 2021
Sunderland based Derek Milliagn (40) was the sole director of DMNE Limited and also of Dockyard Sunderland when the Insolvency Service begun an investigation into his activities with DMNE. He had failed to deliver up any accounting records of DMNE...
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Posted By: Bretts Business Recovery Ltd on 20th October 2021
Despite business saving measures and support packages, it could be that, now that the support has come to an end, you need to face the reality of business insolvency. As an employer, it’s a very difficult time when your employees are looking to...
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Posted By: Bretts Business Recovery Ltd on 13th October 2021
We have come across a growing trend of subcontractors who are facing financial difficulty, and in some cases becoming insolvent, because of unexpected and at times unwarranted or invalid Pay Less Notices (PLNs) issued by main contractors....
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