UK Insolvency rules are under scrutiny as timelines extend.
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Does the high number of drawn-out insolvency cases in the UK suggest a failure of regulation? To review the article click here>>
Removing Stigma Talking About Debt Is Crucial To Avoid Most Insolvency Problems, Says Middlebrooks Advice
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The UK is struggling in terms of consumer debt, particularly the younger generations, with 55% under the age of 35 needing debt advice and 24% of the general population struggling to keep up with bills and credit commitments. While these struggles may initially be bearable, failure to address them promptly can cause them to get […]
Middlebrooks Business Recovery & Advice Now Authorised ACA Training Employer
Middlebrook’s Business Recovery & Advice is thrilled to announce its recent authorisation as an ACA Training Employer, effective February 7, 2024. This achievement marks a significant milestone for our firm and underscores our dedication to fostering learning and development within our organisation. Why It Matters The designation as an ACA Training Employer is a testament […]
Celebrating Megan Greig’s Meritorious Achievement in the CPI Exam
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At Middlebrooks, we take immense pride in nurturing and celebrating the accomplishments of our team members. Today, we are thrilled to shine a spotlight on a remarkable achievement within our ranks. Our Senior Administrator, Megan Greig, has recently passed her Certificate of Proficiency in Insolvency (CPI) exam with flying colours, earning the well-deserved distinction of […]
Raise Your Hand, Raise Your Profits
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Join us for the Raise Your Hand, Raise Your Profits UK-wide tour! Serial entrepreneur Brad Sugars has teamed up with award-winning author of They Ask, You Answer Marcus Sheridan for seven evenings of insight and discussion. Who Are the Speakers? Brad Sugars, a serial entrepreneur who has turned around hundreds of companies over the last […]
Update 01/09/22 – Lundin Links Hotel
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Claire Middlebrook, Liquidator of Kapital Residential Ltd, is pleased to provide the following update to the community of Lundin Links and the Greater Largo area. Following on from commentary at the public meeting held on 29th August, at which point the liquidator mentioned the legislative processes and negotiations with the secured creditor, the liquidator is […]
Statement – Lundin Links Hotel
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A fire broke out in Lundin Links Hotel, an asset currently owned by ‘Kapital Residential Ltd’, of whom Middlebrooks has been appointed liquidator. I am aware that the aftermath of the fire is causing large disruption to the residents and local community near the Hotel. It is my role to work with the various stakeholders […]
£16BN lost to fraud and error in COVID business support schemes
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It is currently estimated that the UK Government has lost as much as £16Bn as a result of fraud and error across the emergency COVID-19 schemes such as Bounce Back Loans, Coronavirius Business Interruption Loan Schemes and Furlough to name the three best known. Latest figures show that the government loaned or guaranteed amounts reaching […]
Zombie Companies : The Walking Dead of Business
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The support offered by the government in light of the pandemic has further deepened the divide between those companies who have prospered and those who have and are facing worries over their futures. In the former, are eCommerce businesses who have in the main flourished, these include digital communications and logistics given the enforced need […]
Are You Worried About Your Company Strike Off Suspension Due To Unpaid Bounce Back Loans?
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Over £21bn was borrowed by UK businesses during 2020 as part of the Bounce Back Loan Scheme. Being a government-backed bank loan gave it added security along with the fact that it didn’t require any security from borrowers to gain access. That said, the government has advised lenders to follow their usual protocols for chasing and […]