Bridge Business Recovery LLP (OC327809): administration
- Status
- Administration ended
- Administration began
- 2011-07-01
- Administrators' firm
- KPMG
- Formerly
- BKL Business Recovery LLP
- Incorporated
- 2007-04-25
- Location
- London
Why it went into administration
- HMRC / tax arrears
- Regulatory change or action
From the administrators' statement
BBR and BBRII were UK registered Inuted lability partnerships specialising in insolvency and restiucturing matters and operating primarily 1 London and the South East On appomument the Partnerships had six active partners and 29 employees The Partnerships weie lesponsible for approximately 280 active cases almost all of which related to formal insolvency appointments where partners were appointed either solely or joimth Insolvency appointments are personal to the appointed individuals although in the case of the Partnerships the work m progress and the debtors resulting from these appointments belonged to the Partnerships
At the ume of out appointment BBR had two executive members James Bradney and Matthew Evans (each having 50% of the equity), and fom fixed profit share members. Alex Cadwallader, John Dickinson, Andrew Duncan and David Thornley A former pattner Stewart Bennett, had retued at the end of 2010 although he was still listed m the Partnerships tecords as being appomted on certain cases. Mr Dickinson had given notice of his resignation fiom the business The members of BBRII were BBR, Anthony Muiphy and Robert Horton, each having a one-third share
BBRII was dependent on BBR for premises, staff. IT systems and all othe: operational matters, and was charged a fee for the provision of those services All accounting functions were provided by an external accounting firm, The Counting House LLP It was intended that BBR and BBRII would merge with effect from 1 July 2011
Administrators' statement of proposals (2011-08-30) · Companies House register