BHS & Austin Reed – the domino effect!

The demise of two well-known high street shops BHS and Austin Reed has hit the headlines recently.

We know from experience that insolvencies like these not only effect the employees of insolvent companies, but also suppliers who are often small businesses that rely on these large contracts.

If you are in any doubts as to what rights you have as a creditor, then please feel free to call us.  It is important for anybody facing financial difficulties, whether personally, directors of limited companies or partnerships, to seek advice from a licensed insolvency practitioner as soon as possible.

Redman Nichols Butler offer a free business health check and if you have any concerns about the impact on your business from the demise of these two high street names then please do call Stella Flemmings on 01377 257788, 01724 230060 or 01904 520116 and she will make you an appointment with one of our insolvency professionals.

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