Voluntary Insolvency numbers are at an all-time high

The latest insolvency statistics, which were published by the Insolvency Service, have shown that the number of Individual Voluntary Arrangements (IVAs) has risen considerably.  Over 71,000 were registered in 2018, an increase of 11,000 from 2017. For more information on bankruptcy, liquidation, administration and all the other insolvency procedures, or to take advantage of our […]

Seminars- Brexit, whatever happens!

Redman Nichols Butler would like to invite you to our free breakfast seminars at which we will hear from Economist Johnathan Perraton (Sheffield University) about his views on whatever happens on 29 March and what it may mean for the economy locally and nationally. The breakfast seminars run from 8:30am – 10:30am and are being […]

A creditor’s guide to the fees and disbursements charged by Redman Nichols Butler

Insolvency Practitioner’s Fees   Where it has been agreed by a resolution of creditors or the creditors’ committee that the office holders’ remuneration will be calculated by reference to the time properly given by the office holder and his staff in attending to matters arising in the administration of the insolvency estate, at the following […]

Our services

One of the services that Redman Nichols Butler are offering to fellow professionals is our ‘Smart Guide to Insolvency’. The presentation deals with the warning signs of trouble and provides an overview on the different types of insolvency procedure. We are happy to come to your office to present this to your team, it takes […]

PROPERTY FOR SALE!

The assets and equipment owed by G4 Power Grid Limited in Administration are for sale at Gilbert Baitson auctioneers. These consist of the three generators and oil emulsification plant. For further details of these assets please contact Andrew Baitson of Gilbert Baitson on 01482 500500. Also available is the site at Brookenby Business Park, for […]

Patisserie Valerie – had the wrong recipe for business rescue!

Patisserie Valerie has sunk into administration.  The chain has been trading in the UK since 1926 and is most famous for its handmade cakes. The chain of café’s has unfortunately come to an end due to ‘significant, and potentially fraudulent accounting irregularities.’ Finance director Chris Marsh was arrested over the financial irregularities The largest shareholder, […]

Estate Agent Fraudster Jailed  

An estate agent from St Helens has been jailed for over 4 years.  Richard Hall, who traded through a limited company, Brooklands Sales and Lettings Limited, was found to have defrauded clients to the tune of £40k.  In addition, he sold the company even though he had received investment from a third party and did […]

Energy Companies – running out of power!

It has been reported that Economy Energy has gone bust.  Its 235,000 customers have been transferred to Ovo Energy. Small energy companies are going to feel the pinch this winter as wholesale energy prices rise and it is predicted that Economy Energy will not be the only one to fall into an insolvency procedure. These […]