Latest Posts

SIP 16 Revisions Likely to Kill Off Pre-Packs?

Less Pre-Packs Likely Due Greater Regulation… Insolvency Practitioners (“IP’s”) up and down the country have been issued with revised draft versions of the Statement of Insolvency Practice 16 (“SIP 16”) this month, being the regulation statement for pre packaged sales...

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October 2015 will see changes to Bankruptcy and DRO limits

The Insolvency Service announces limit changes to Bankruptcies and DRO's It has been reported in various Insolvency News outlets this month that from October 2015 The Insolvency Service is hoping that both the Bankruptcy petition threshold and Debt Relief Order...

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Christmas is a Bust For Lawrence Llewelyn-Bowen

Christmas is a bust for Lawrence Llewelyn-Bowen - But how can new ventures be a success? Lawrence Llewelyn-Bowen’s Birmingham based Christmas company Magical Journeys Limited has been placed into Liquidation owing creditors approximately £875,000. The festive attraction closed down shortly...

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My Top 3 Predictions for 2015

My Top 3 Predictions for 2015   Many of us will be hoping that 2015 will be a good year, whether or not you are hoping to turnaround a bad last year or simply improve on a profitable one.  Therefore...

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Most New Firms Fail Within 5 Years

Most New First Fail Within 5 Years The latest figures at Companies House indicate that despite an uplift in the one year survival rate for new firms, the majority still fail to survive beyond five years. Barriers to growth prevent...

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Watch the Costs and the Profits Take Care of Themselves

Business Cost Reduction Bridge Newland are grateful to have a number of strategic alliances with professional advisors who work alongside us, offering specialist support which complements our services. This article takes a look into the cost reduction market and introduces...

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National Insolvency Practitioners, Begbies Traynor, Acquires Eddisons Commercial in a £5m deal

Insolvency Practitioners Purchase Auctioneers & Valuers The latest news in the insolvency market this week has saw a shock buyout being announced as insolvency firm, Begbies Traynor Group Plc, announced its purchase of Yorkshire based chartered surveyors Eddisons Commercial (Holdings)...

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Bankruptcy – Petitions & Services

Guidance on Bankruptcy - Petitions & Services Bankruptcy is the insolvency process prescribed in English law for individuals struggling with debts, to repay their creditors what they can afford from their assets and cash. These debtors either have insufficient assets...

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Wind up my Company – I Don’t Care Any More…

Wind up my Company as I don't care any more Sadly this is a viewpoint taken by many company directors when they have been forced to battle on a daily basis with their creditors, as offering explanation for non-payment to...

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