We are all aware of the effects of Covid-19 on us but recent research shows the impact that Covid-19 will have on businesses. The research predicts that as many as 1 in 4 SME businesses will fail. Many businesses in the retail / tourism sector are particularly susceptible given the lockdown and social distancing measures […]
£285,000 – offers invited 15 Church Road Martin Dales Woodhall Spa LN10 6XZ Good quality office accommodation wth good sized rear yard and separate storage Off street Parking Immediately available Close proximity to Woodhall Spa and Lincoln Enquiries to Chris Hyam, 01482 296691 or Paul White – 01482 312366
The Corporate Insolvency and Governance Bill has now been laid before Parliament and while there is no date as yet for enactment, it is hoped that the new measures will be available from the beginning of July 2020. The first of the new measures is the Company Moratorium. This will provide struggling businesses a formal […]
Hotel chain Travelodge are in the process of proposing another Company Voluntary Arrangement (CVA) to its creditors who will vote on the CVA on 19 June. The CVA is aiming to vary the terms of the leases. Travelodge has refused to pay its second quarter rent and the CVA will see the rents for some […]
Timed online auction – Monday 22 June at 12 noon (staggered) 15 Church Road, Martin Dales, Woodhall Spa, Lincolnshire, LN10 6XZ Instructed by Redman Nichols Butler – Licensed Insolvency Practitioners Viewing for this auction will be at the trading premises on Friday 19th June 10am until 2pm Motor Vehicles comprising of Vivaro LWB Sportive (DY61 […]
CORPORATE INSOLVENCY AND GOVERNANCE BILL The Corporate Insolvency and Governance Bill (“the bill”) contains important changes to corporate insolvency law. The Bill is designed to help companies maximise their chances of survival, protect jobs and help the economy recover in response to the Covid-19 crisis. The Bill has had its first reading in Parliament and […]
TAX UPDATE HMRC have kindly informed R3’s tax working group of their current position with regards to Time To Pay (‘TTP’) proposals and the collector’s position on interest and penalties. HMRC – TTP proposals A TTP proposal should be made in writing as it allows those submitting the opportunity to provide as much supporting detail […]
The Recapitalisation Group, a panel of City bankers set up at the behest of the bank of England, estimates that SME businesses will be left with £90-£105 bn of unsustainable debt by March 2021. Many SME businesses have made use of the much needed government support which has aided them through the Covid crisis by […]
Today is National Earth Day. A day when we should reflect on the responsibility we have to protect the planet for future generations. Redman Nichols Butler are actively working towards creating a paperless office!
Let me know if you want a cuppa on us and I will send you a tea bag!!
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