Premises lease for sale – Project Oxford
An opportunity exists to acquire the premises lease of an established Bar and Food Venue in Oxford, Oxfordshire.
Business and Assets for Sale – Project Cork
An opportunity exists to acquire the business and assets of this unique based UK company.
Envigen Limited – in liquidation
Paul Ellison and David Taylor of KRE Corporate Recovery Limited were appointed as Joint Liquidators of Envigen Limited on 19 December 2023, a waste management and recycling company.
Business and Assets for Sale – Project Rental
KRE Corporate Recovery Limited expect to be appointed as Joint Administrators over a specialist equipment rental company, in the next few weeks.
The proposed Administrators are seeking bids for the assets and business.
Metaboards Limited – in liquidation
An opportunity exists to acquire Patents held by Metaboards Limited – in Liquidation. The Company’s core technology automatically enables NFC wireless charging of multiple devices, in any orientation on a single surface.
Business and Assets for Sale – Project Speed
An opportunity exists to acquire the business and assets of this UK based company.
Company Voluntary Arrangement (CVA) or Pre Pack Administration (Pre Pack)?
When advising distressed companies, and refinance and delayed payment options are exhausted, then the choice for management is often between a CVA and a pre pack. In this blog we look at the factors to be considered when deciding which if either are suitable. The individual circumstances will determine the choice but in general the following is appropriate.
PROJECT SHAPE (NON-DISTRESSED BUSINESS FOR SALE)
KRE Corporate Recovery Limited are engaged to facilitate a sale of the business and assets of an established precision injection mould-making business.
The reason for sale is retirement of the founders and owner and significant interest is anticipated. We would emphasise that this is not a distressed sale.
Directors’ Loan Accounts – A ticking time bomb?
One of the key principles of being a director is the ability to act on the company’s behalf without personal liability (unless voluntarily agreeing to guarantee certain company liabilities). Contrast this with the risks of a sole trader and it is easy to see the personal protection that is afforded to a director of a limited company.
