E-Mail:
paul@midlandsbusinessrecovery.co.uk
Phone:
01902 672323
Address:
Alpha House, Tipton Street, Sedgley, West Midlands, DY3 1HE

The top ten reasons businesses fail

50,000 businesses become insolvent every year, learning from their experiences can help you avoid going the same way

How do you know the problems you’re having aren’t signs of potential business collapse?

The warning signs of potential corporate collapse are often misread as normal business teething problems. It's important to be aware of the difference!

Getting your money out of your company

December 16, 2011 Posted in: General,Liquidations
How ESC C16 changes from 1 March 2012.

Where trying to save money can cost you dearly

Most business owners are doing all they can to save money right now. Many do so by taking the bulk of their drawings from their company by way of a dividend. There are real drawbacks to taking dividends from a weakened company. Small business thinking that they can what monies they like from their company how and when they want and somehow backfill later, deferring the paperwork to their accountant. To do so is very risky indeed.

How would you like your frog, Sir?

Ten things you should consider if you want to be a success in business in 2011.

Why do businesses fail?

November 24, 2010 Posted in: Business turnaround,General,Liquidations
As valuable lessons can often be learnt from others’ experiences, understanding why businesses fail can help in avoiding failure. Business failures can be grouped into three categories:

Road haulage company difficulties

April 20, 2010 Posted in: General,Liquidations
Paul Brindley has recently written an article for the magazine ‘MotorTransport’, a specialist magazine for the road haulage sector. Click below to read the article.

HMRC Business Payments Scheme

This article is written for directors of companies looking to enter into time to pay arrangements with HMRC. Whatever the outcome of the election, HMRC can be expected to continue to support businesses through time to pay arrangements agreed under its Business Payment Support Scheme. The Scheme has undoubtedly had a good measure of success, ...

Talking about Personal liability on the re-use of company names

May 9, 2008 Posted in: Liquidations
You may have read from my website that funders of creditors of new companies are taking a major interest in ‘phoenix’ businesses which fail, firstly assessing whether in their view the veil of incorporation can be lifted, and then taking the directors through the courts to make them personally liable for newco’s debts, including their debt, for having ...

Another director made personally liable for his actions

March 25, 2008 Posted in: Liquidations
It is commonly known that Liquidators can cause directors to make personal contributions into the company post liquidation where there has been wrongful trading, fraudulent trading, misfeasance, and several other ‘wrongdoings’.  In recent years the courts have been increasingly stripping away the veil of incorporation to make directors personally liable for their actions in running the company in ...