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 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 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 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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Posted By: Bretts Business Recovery Ltd on 10th May 2021
A furniture boss from Stockport has been banned for 8 years after declaring bankruptcy before starting a new company with a prohibited name. Allan Kenneth Barke (34), had been the director of Cheshire Fitted Furniture Limited from...
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Posted By: Bretts Business Recovery Ltd on 10th May 2021
The beginning of May saw the first letters go out requesting repayment of Bounce Back Loans (BBLs) which were made available by the Government from March 2021. But what happens if you can’t afford to pay back the loan and if you are a...
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Posted By: Bretts Business Recovery Ltd on 10th March 2021
Ban for Kent takeaway boss who hid sales to avoid tax Good View takeaway on Watling Street in Dartford was incorporated in April 2016, with Yue Chang Dai (56) the sole Director. The Company was unable to pay its debts and was placed into...
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