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BBR & The City Professionals Networking Event

Posted By: Bretts Business Recovery Ltd on 1st March 2019

BBR are delighted to have sponsored the City Professionals Networking Group event on 1st March. The event attracts over 120 regular attendees from a variety of professional sectors including banking, finance, accountancy, insolvency and other...

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Government Phoenixing Crackdown

Posted By: Bretts Business Recovery Ltd on 28th February 2019

The Government is looking to introduce fines and disqualifications for directors who allow their companies to go bust to avoid paying debts. One of the main reasons for the new rules is to stop ‘Phoenixing’. What is Phoenixing? Phoenixing is a...

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Insolvencies increase in Q4 2018 latest figures show

Posted By: Bretts Business Recovery Ltd on 12th February 2019

The latest insolvency statistics have been published by the Insolvency Service for the fourth quarter of 2018 showing that the number of company insolvencies in 2018 increased in 2018 to 16,090 the highest level since 2014. Corporate insolvencies...

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Deal or no deal time to give your company a health check.

Posted By: Bretts Business Recovery Ltd on 23rd January 2019

It is hard to avoid the negative press surrounding what or will not happen regarding Brexit. The truth is that no one can be really sure what the outcome will be but during these times of economic tension giving your company a bit of a health check...

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£9m truffle scam, court shuts down companies responsible

Posted By: Bretts Business Recovery Ltd on 17th January 2019

Five companies carrying out an investment plan get shut down after promising high-value truffles for commercial sales. In London, on 12th October 2018 Viceroy Jones New Tech Ltd, Viceroy Jones Overseas PCC Limited, Westcountrytruffles Limited,...

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Banned Accountant knowingly assisted client to defraud creditors.

Posted By: Bretts Business Recovery Ltd on 17th January 2019

Paul James Manley, from County West Services Ltd, an accountancy firm based in Hammersmith has received a 12-year disqualification from being a director for helping a client defraud its creditors. In August 2017, West County Commercial Services...

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Mother and Son Directors Ban for undeclaring tax

Posted By: Bretts Business Recovery Ltd on 15th January 2019

Mother and son who ran a restaurant in Blackburn have been disqualified after they under-declared the company’s full cash takings to the tax authorities. Ching Yau Yu and Vincent Wai Kit Yu a mother and son team, were directors of Kai Hing...

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The corporate veil should be a privilege, not a right

Posted By: Bretts Business Recovery Ltd on 18th December 2018

Nicole Southwell, Director at Shenfield-based insolvency practitioners, Bretts Business Recovery, argues that the Government should do more to ensure those who enjoy the protection of the corporate veil are suitably qualified to do so. In my...

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Changes to Members Voluntary Liquidation & entrepreneur’s relief

Posted By: Bretts Business Recovery Ltd on 17th December 2018

What is a Members Voluntary Liquidation? A Members Voluntary Liquidation (MVL) is the winding up of a solvent company. A Members’ Voluntary Liquidation is a shareholder-led process and tax efficient way to close down a solvent company. It’s...

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The Circle Networking Re-Launch

Posted By: Bretts Business Recovery Ltd on 28th November 2018

The Circle networking........6th December Bretts Business Recovery are working together with MJ Bushell Accountants to re-launch the networking event, The Circle. The relaunch is being held on Thursday 6th December from 4.30pm at The Teriss...

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