Latest Bulletins

The Annual St George's Day Quiz

Posted by Chris Knott on 07-Mar-2017 15:12:00

The Annual St George's Day Quiz.jpg

It's that time of year again... and BCR Insolvency are again holding our annual St George's Day Quiz. Come and join us at the following dates/venues:

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Topics: Events, News

What Causes Over 20% Of Companies To Fail?

Posted by Chris Knott on 07-Mar-2017 15:08:32

At least one fifth of UK corporate insolvencies in the past year were caused by late payment or the insolvency of another company according to new research by insolvency body R3.*

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Topics: News

Business Finance – Our Latest Report

Posted by Chris Knott on 07-Mar-2017 15:04:03

At our recent series of lunches our finance expert Bob Blackshaw once again provided our professional colleagues with his current view of the market for business funding. Here is a snapshot of his presentation.

For any further information or advice please give us a call or send us a query by email

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Topics: News

Dodgy Directors Should Be Beware Of Penalties Post Insolvency

Posted by Chris Knott on 07-Mar-2017 14:56:42

The Insolvency Service have just published official statistics to demonstrate their enforcement outcomes for the year to March 2016. They investigate the cause of company failure in every insolvency and can disqualify directors or wind up live companies if they find unfit behaviour.

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Topics: News

HMRC Are “Unhelpful” For Business Rescue

Posted by Chris Knott on 07-Mar-2017 14:34:01

Over half (54%) of insolvency practitioners believe that HMRC makes it harder to rescue businesses than wind them up, according to a survey of the insolvency profession by R3, the insolvency trade body.

On top of that, nearly three-in-four (71%) insolvency practitioners say that HMRC has made the insolvency process harder to manage in the last few years. Only 10% said HMRC was ‘helpful’ when it comes to business rescue.

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Topics: News

Threat To MVL’s….Is It Really Just Storm In A Tea-cup?

Posted by Chris Knott on 07-Mar-2017 14:28:58

Many advisers are warning that company directors need to start winding up procedures urgently if they don’t want to lose the valuable tax benefits available – but should there really be such a panic?

True – HMRC have issued anti-avoidance rules in an attempt to stop the opportunistic use of Entrepreneurs Relief and the mechanism of using an MVL to extract cash from the company, particularly if a new company is set up to replace the existing company within two years.

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Topics: News

Introducing our new directors

Posted by webmaster on 07-Jul-2015 16:35:28
BCR is delighted to announce the appointment of its new directors - Chris Knott and Nick West.
These high-calibre insolvency practitioners have honed their skills working on a number of high profile cases with BCR over the years.
North Staffs born-and-bred Chris has helped steer the successful turn-round of a diverse range of companies, including a zoo which is now welcoming visitors again this summer.
Same with Nick, a Shropshire man who has been at the forefront of rescue packages to save a variety of local businesses, including a country pub.
Managing director Phil Wood said: “Both Chris and Nick bring great energy, drive and enthusiasm to their work with BCR.
“They take tremendous pride in putting businesses back on their feet and have achieved a number of notable successes.
“I am delighted to announce their appointment as directors and can safely say any company, finding itself in a difficult situation, would benefit from their involvement.”
Based in our Newcastle office, Chris handles insolvency matters in the Staffordshire and Cheshire areas, while based in Shrewsbury, Nick works with clients across Shropshire and Wales.
At crisis point? Call them to see how they can help turn things round.

BCR managing director Phil Wood (left) with new directors Nick West and Chris Knott

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Topics: News, Firm News

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