When a business encounters financial difficulties, it can often feel as though progress has come to a halt. In these situations, having the right support and a clear plan can make all the difference. Reflecting on their experience, a recent client shared, “A huge thank you for your outstanding support. Your drive and constant positivity […]
No question too small… For many directors, entering a liquidation process is something they never envisaged having to do. While insolvency practitioners and their team deal with these matters every day, for clients it is often their first experience of navigating what can seem a complex and unfamiliar process. Reflecting on their experience, a recent […]
Making the decision to close a business is never easy, particularly when it has been built with ambition, personal investment and a significant commitment of time. For many directors, it represents the end of something they had hoped would thrive. One client recently reflected on this by saying, “I really do appreciate your help, support, […]
At BRI Business Recovery and Insolvency, we love finding different ways to the get to know our connections and have some fun at the same time. Throughout the year, we organise a range of events for our contacts — from drinks and summer BBQs to quiz and pool nights. But one of our favourites is […]
Background BRI Business Recovery and Insolvency were contacted for insolvency advice by the directors of a company that had been providing serviced offices to businesses for nearly 30 years. As we are all aware, COVID-19 restrictions swept through the country in 2020 and, as a result, businesses obligations and people’s attitudes towards working in-office changed, […]
A client’s cash position rarely collapses overnight. More often, the warning signs build gradually: the payment run is being sequenced by whoever chased hardest that week, suppliers are waiting longer, and the cash flow warning signs of insolvency are sitting quietly in the management accounts you already produce every month. The challenge is knowing when […]