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The staff of PBC Business Insolvency & Recovery Ltd would like to thank you and your continued support in 2019 and would like to take this opportunity to wish you a very Merry Christmas and Happy New Year. Our offices will be closed at 12.00pm on Tuesday 24th December 2019 and re-open at 9.00am on […]

Despite the rain the Hack it and Whack it event went ahead. A mixture of 40 golfers and non-golfers lined up at Brampton Heath Golf Club to test their skills on the driving range and the putting green. Not sure whether we unearthed the next Tiger Woods or Charley Hull but a good time was […]

The title for this editorial is quite deliberate. When companies and individuals are experiencing debt problems there is a non-financial cost consequence.  I am talking about the pressure, stress, anguish and, in some cases relationship breakdowns.  That is the physical cost burden and is often over-looked in the creditor scramble to get paid before any […]

Corby in Northamptonshire is in the top 10 local authorities with the highest individual insolvency rates, figures from the Insolvency Service have revealed.

  At PBC there is a belief that individual team member progression is key to future success. With this in mind, the directors would like to announce how delighted they are for Jenny Amos who has passed the Certificate of Proficiency for insolvency with merit.  It is a great result and is indicative of that […]

Gavin Bates and Gary Pettit of PBC Business Recovery and Insolvency (PBC) were appointed as joint administrators of Joining The Dots Distribution Limited on the 26 June 2015.

Selecting the right accountant is a vital business decision.  A good one can help a business save money and grow, while a bad one may do the opposite. However, deciding which accountant to work with can be a bit of a minefield.  Here are our top tips to help you make the right decision.

Planning for succession should be in the thoughts of everyone in business from early on.  After all, what is to happen to your business when you decide it is time to retire?   In other words, what is your own exit strategy when either you have attained your goal or age has finally caught up […]

  One of the most crucial aspects of running a business is maintaining a healthy cash flow.  After all, if a business can’t pay its staff and suppliers it can’t operate, regardless of how much it is selling or the size of its profit.

The government has recently announced changes that will affect the personal insolvency market from October 2015, making it easier for financially vulnerable people to access debt relief.

Are you embroiled in a dispute with another party? Do you feel it is heading nowhere but to the court? The obvious problems with court intervention include the uncertainty and costs. What is even more frustrating can be on disclosure of evidence you find the whole matter could have been resolved at far less cost […]

As the year continues to progress it is not uncommon for us to start to receive a number of calls from individuals who are in financial distress. With this in mind, it seems like a good time to provide some advice on how people may be able to help themselves. These include:

As you probably saw over the Christmas period, Citylink became the latest high-profile insolvency to hit the headlines. As someone who has spent most of their professional life working in insolvency, I suppose I should be used to it. However, I still find myself surprised at the lack of understanding of the practical and legal […]

Plan now for Christmas and avoid worrying about the bills in the New Year!!! The festive season is on the way and unfortunately this can often lead to a number of calls to insolvency practitioners from individuals in the New Year as the bills roll in.

Over the last 3 to 4 years we have noticed an increase in the number of cases where there is an overdrawn director’s loan account or dividends have been drawn illegally. Now it is understandable that directors wish to be remunerated in the most tax effective way and commonly they will be advised to pay […]