The four key sins for directors to avoid when their company is insolvent
Company insolvencies in 2023 were just over 25,000, the highest since 1993 and 14% higher than 2022. Of these, the number of Creditors’ Voluntary Liquidations was the highest since records began in 1960. This trend in the year to September 2024 is continuing and insolvent companies in this period account for 55 out of every 10,000 […]
Company insolvency and directors – things you wanted to know but were afraid of asking*
What are the key responsibilities of directors? What do they need to look out for when insolvency looms? Nitin Joshi, one of our partners, has worked in insolvency for over 40 years and in that time, he has seen pretty much everything you can in the world of insolvency. In this article he answers the […]
Antony Batty and Co. appointed as Administrators to Lawbit, the online legal service
On 24th September 2024, two of our Licensed Insolvency Practitioners, Antony Batty and Hugh Jesseman were appointed joint administrators of Lawbit, the online service offering legal advice for small businesses, when it went into company administration. Lawbit’s Founder and chief executive Clive Rich told the Law Gazette recently that the appointment of administrators: “….is part […]
Exam success continues at Antony Batty & Co. Thames Valley
Congratulations to Lucy Green for passing her Certificate in Insolvency (CII) exam. We’re delighted to announce that Lucy Green, one of our Senior Insolvency Case Administrators has passed her CII exam. We’re really pleased for her, coming hot on the heels as it does of exam success for Brooke Walters and Bethan Bryant earlier this […]
Chancellor increases Capital Gains Tax (CGT) on Business Asset Disposal Relief (BADR) from 6th April 2025
BADR tax advantages still available for Members Voluntary Liquidations (MVL) at the current 10% tax rate until 5th April 2025 The Chancellor did not scrap BADR in her budget on 30th October as many had predicted, but she did increase the current Capital Gains Tax rate that applies to BADR from 10% to 14% for […]
We supported Wear It Pink on 18th October 2024
We raised over £200 for Breast Cancer Now the research and care charity We’re delighted to report that our teams at our Thames Valley and Bournemouth offices enjoyed themselves Wearing It Pink on 18th October 2024, and have raised over £200 so far to support Breast Cancer Now’s fundraising campaign. We had a great time, […]
Shelter from the storm. Administrations can give the breathing space insolvent companies need
Creditors’ Voluntary Liquidations (CVLs) are at historically high levels. Nitin Joshi* makes the case for Administrations. The corporate landscape can be like a post-dystopian Darwinian experiment in which only the well-funded survive. It is hard to think otherwise. Corporate carnage in recent times has been rife with carcasses once throbbing with trading activity littered all […]
Mental Health and Insolvency – World Mental Health Day 10th October 2024
The focus of this year’s World Mental Health Day is ‘Mental Health at Work’ The World Health Organisation’s (WHO) World Mental Health Day takes place on 10th October 2024, with the specific aim of ‘highlighting the vital connection between mental health and work’. As the WHO points out: “Safe, healthy working environments can act as […]
Antony Batty & Company Focus on Employees: Besa Mustafa and Rachel Patrick
Besa and Rachel are based at our London office and both are Senior Insolvency Administrators This month we are shining a light on two of our newest recruits, Besa Mustafa and Rachel Patrick, who arrived in June 2024, when we joined forces with B & C Associates. Besa and Rachel are both Senior Insolvency Administrators, […]
We’re supporting Wear it Pink on 18th October 2024
We raised £515 for Breast Cancer Now, the breast cancer research and care charity, in 2020. Let’s see if we can beat that this time! All of our offices – that’s London, Bournemouth, Brentwood, Salisbury and Thames Valley– Wore it Pink on Friday 23rd October 2020 in support of the wonderful work that Breast Cancer Now does in raising funds to […]
