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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, […]
In insolvency, conversations are rarely easy. Delivering difficult news can be challenging for all involved, and we recognise the importance of approaching every situation with care and professionalism. Following one particularly sensitive matter, a local creditor impacted by a company going bust reflected on their experience by saying, “You are what they say – a […]
Navigating financial pressures can be overwhelming, particularly when difficult decisions need to be made quickly. In one recent case where a director was supported to avoid an insolvency process, they shared, “I just wanted to say thank you for your guidance and help,” following the successful outcome of a Court Order to withdraw a winding […]
News & Events
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 […]
My name is Ioana Patrascu and I joined BRI as a Trainee Administrator in February 2025. Approximately two years ago in August 2024, I made a life-changing decision to pack up my life in Romania and to move to the UK permanently. The main reason was to be with my long-term partner. We have been […]