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Solicitor suspended following director disqualification after opting to pay off the bank instead of £605,000 owed to HMRC

Posted By: bretts_admin_access_account on 12th June 2017

director disqualification

John Barrie Wilson, a solicitor has been suspended indefinitely after breaching conduct rules by preferring his bank as a creditor over HMRC (Her Majesty’s Revenue & Customs), leaving the Exchequer a shortfall of hundreds of thousands of...

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First quarter of 2017 reveals an increase in insolvencies.

Posted By: bretts_admin_access_account on 22nd May 2017

First quarter of 2017 reveals an increase in insolvencies. The most recent Insolvency statistics have been distributed by the Insolvency Service for the first quarter of 2017. Company Insolvencies They demonstrate an expansion in total...

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Who gets paid when a company goes into insolvency – Creditors Priority

Posted By: bretts_admin_access_account on 22nd May 2017

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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Case Study – A clean outcome for a Biochemical company and staff with a pre-packaged administration deal

Posted By: bretts_admin_access_account on 3rd May 2017

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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Director Disqualified over excessive remuneration

Posted By: bretts_admin_access_account on 18th April 2017

director disqualification

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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How the new insolvency rules could affect you

Posted By: bretts_admin_access_account on 23rd March 2017

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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Two out of the three ain’t bad!

Posted By: bretts_admin_access_account on 22nd March 2017

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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Failure to pay HMRC disqualifies former Bristol mayoral candidate as company director

Posted By: bretts_admin_access_account on 22nd March 2017

director disqualification

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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Changes in business rates are set to give UK businesses a headache

Posted By: bretts_admin_access_account on 27th February 2017

Business rates revaluation 2017

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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A Trio of nominations for Bretts Business Recovery in the KWIB Awards

Posted By: bretts_admin_access_account on 27th February 2017

kwib awards 2017

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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