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Gary Pettit of PBC Business Recovery & Insolvency has been appointed as one of the judges for the prestigious SME National Business Awards that take place at Wembley Stadium on 1 December 2017. In response to the appointment, Gary said, “This is truly an honour and a reflection on the reputation of PBC and the […]

Northampton is within easy reach of London Euston – unless you choose to do it the way Kym Carvell and Jamie Cochrane from PBC are doing it. Spurred on by the excellent support a charity has provided to Kym and her family since Kym’s granddaughter Billie-Marie was born last August, the pair are planning to […]

The following is a blog written by Pete Miller of The Miller Partnership which we at PBC felt should be shared to readers of our website. When the details of the Finance Act 2016 were first published, new measures such as changes to the Targeted Anti Avoidance Rule (TAAR), were met with a fair degree […]

Lord Justice Jackson recently delivered a clear message to parties who play for time when agreeing to mediate. ‘In a case where mediation is obviously appropriate, it behoves both parties to get on with it. If one party frustrates the process by dragging its feet for no good reason that will merit a costs sanction’ [Thakkar […]

PBC are pleased to announce the latest fundraiser for Ronald McDonald Houses. PBC chose Ronald McDonald House back in September 2016 as a result of the support they have offered to the family of PBC’s Operations Director, Kym Carvell. Unfortunately, Billie-Marie has had to return to hospital and therefore her parents have returned to the […]

Insolvency practitioners are well versed to creditors’ meetings as the way in which creditors make decisions about a company or individual who is insolvent and how the process is managed. However, from 6 April 2017 the profession and creditors will have to get used to a completely new way of operating as a result of […]

PBC are pleased to announce the successful completion of the administration of Rowellian Football Social Club which included payment in full to its secured creditor, unsecured creditors (plus statutory interest) and a payment to its members. This has been a highly complex and unusual administration from the outset, including setting a legal precedent. By way […]

Joint Administrators of Bradford Bulls – no purchase concluded and business ceasing to trade   Gary Pettit of PBC Business Recovery, Northampton was appointed one of the Joint Administrators to Bradford Bulls (Northern) Limited (“BBNL”) – in Administration, on 14th November 2016.  BBNL operates the Bradford Bulls Rugby League Club (“Club”), playing in the Kingstone […]

The Rugby Football League and the Joint Administrators of Bradford Bulls agree mutual co-operation to resolve the Bulls’ affairs as swiftly as is possible. Gary Pettit of PBC Business Recovery, Northampton was appointed one of the Joint Administrators to Bradford Bulls (Northern) Limited (“BBNL”) – in Administration, on 14th November 2016.    BBNL operates the Bradford […]

Gary Pettit and Gavin Bates, Directors of PBC Business Recovery and Insolvency, have been appointed joint administrators of the Bulls. “A club like Bradford Bulls serves the local community and we will be working towards finding a solution that preserves the future of the club while also meeting the requirements of the Rugby Football League […]

  PBC are hosting a Christmas craft fair in aid of the firm’s chosen charity, Ronald McDonald House.   The craft fair will be held on Tuesday 22nd November from 6:00 p.m. to 8:00 p.m. at PBC’s Northampton office (9-10 Scirocco Close, Moulton Park, Northampton NN3 6AP).   So why not join us for some […]

PBC would like to thank everybody who attended the launch party to celebrate the merger with Bottomley & Co at the MTC Training Centre in Coventry last week.  Gary Pettit said, “It was great to see familiar faces support the merger, as well as meeting new contacts”. Paul Rogers added, “The magician proved a huge […]

PBC are pleased to announce a significant dividend has recently been paid to the non-preferential creditors of Eldean Ironmongery Limited. Earlier this month, the joint liquidators were able to issue a dividend of 61.59pence in the pound to non-preferential creditors, with the amount distributed totalling over £89,500. This had been preceded by full payment to […]

There is never a good time but to do this but on 18 December 2015 the (39) employees of a company in Thetford were given the dreadful news their employer was ceasing to trade with immediate effect. As a result they were all being made redundant forthwith and salaries could not be honoured. Having recognised […]

In some quarters this may be the worst kept secret but officially we can now announce the retirement of David Halstead Bottomley who has been in partnership with Paul Rogers at Bottomley & Co for over 10 years. As regards our new beginnings, we can reveal that, as David bows out, Paul and the team […]

The joint administrators announced yesterday that The Castle (Wellingborough) Limited is to be placed into liquidation and all theatrical performances and activities have been cancelled with immediate effect. Joint administrator, Gary Pettit, said, “We have been in constant dialogue with the Council, who have supported The Castle over the past few years, but sadly we have […]

Everyone at PBC would like to offer their congratulations to Jenny, who married Matt on 2 June, and wish them a long and successful marriage. Jenny’s new email address is jennygent@pbcbusinessrecovery.co.uk