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AI & IPs……

Investigations by an administrator and liquidator….. When a company enters into a formal insolvency process, one of the office holder’s roles is to review the company’s records and identify any claims which may be brought against directors or third parties. Most IPs are now using AI to analyse transactions especially the bank statements which saves […]

FOR SALE – FREEHOLD FARM SHOP

J W Butler and A J Nichols as the joint liquidators of Spuds & Berries Limited are offering for sale: For further information please contact the agents: George Schofield of Garness Jones T: 01904 237863 or E: george.schofield@garnessjones.co.uk

Project Red – Business Opportunity

Urgent opportunity to purchase UK-based, Microsoft Solutions Partner Software and SaaS vendor of communication software designed to improve customer conversations and compliance. The Company’s generated approximately £2m p.a from its legacy services which include: New technologies have been developed and are at early stages of commercialisation which include: Opportunity Highlights Further information Further information please […]

Merry Christmas!!!!!

Merry Christmas from all at RNB and we hope you have a happy and prosperous New Year! We are working between Christmas and New Year and the offices are open so if you do need any assistance please feel free to give us a call!

East Riding Council fail to wind up…. The Appeal!

East Riding Council (“ERC”) invested £20m of taxpayers’ money in a sub-fund of a Luxemburg Investment Company (“LIC”). The LIC was incorporated in Luxemburg and operated multiple sub-funds. Each investor would obtain shares in the LIC. The sub-fund was launched to invest in UK land assets and attracted £82m of investment. In 2019, the sub-fund […]

And it’s a groan from (Baroness) Mone….

A company linked to Baroness Mone (PPE Medpro Limited) has just been ordered to repay approx. £122m to the Government after the judge ruled that it breached a contract for the supply of PPE during the Covid pandemic. PPE Medpro Limited has just been placed into administration. The accounts to 31 July 2025 show that […]

When the solvent becomes insolvent……

When a company is placed into a solvent liquidation, the directors are required to make a statutory declaration stating that the company will be able to pay its debts together with statutory interest within 12 months of the liquidation. It has been widely accepted practice that some creditor claims may take longer than 12 months […]