News Releases
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- Corporate and Social Responsibility
Carl Faulds, Managing Director of Portland Business Recovery, provides an example of how this policy has been pursued within his company.
- Get your business in shape for 2008
Many business analysts are predicting that 2008 will be a particularly tough year for businesses of all shapes and sizes, and there is certainly some evidence of this already in the market place. Carl Faulds, Managing Director of Portland Business Recovery, strongly recommends that businesses make it their New Years' Resolutions to take action now to avoid disappointing and possible disastrous results for 2008.
- 'Getting it right' - growth or failure?
Research was carried out in 2007, commissioned by Portland Business Recovery, across a range of professional services including accountants, solicitors and banks to highlight the key aspects that growing businesses need to 'get right' that could make the difference between their success or failure.
- Getting It Right
A special report researched and presented with Portland
- APS files for creditor protection
The directors of specialist mortgage broker APS Mortgages (UK) Limited confirm today that they have placed the company into administration, as a responsible reaction to the downturn in business that is projected to continue for the foreseeable future in difficult trading conditions.
- Insolvencies set to soar in 2008
The number of companies going bust in 2008 is likely to increase dramatically, warned Carl Faulds of Hampshire based Portland Business Recovery. "We have seen record levels of personal insolvencies in 2007, as the credit bubble has burst and the consequences are predicted to feed through to businesses in the South next year."
- Being involved in charity is 'awarding'
Mike Fortune, Director of Poole-based Portland Business Recovery says more businesses should get involved in supporting Charities if they want to be successful.
- T A Supplies to go into Liquidation
Portland Business & Financial Solutions Limited has been appointed to handle the affairs of T A Supplies Limited, based in West Sussex.
- Portland Enhances Expertise
Leading South Coast business recovery firm Portland Business & Financial Solutions has underlined its commitment to client care with the addition of Paula Bailey.
- Portland warns Bankruptcies and Repossessions set to rise
Carl Faulds, Managing Director of Portland Business Recovery, the South's largest business recovery firm, has warned that the current stance of banks and major credit card lenders towards individuals in massive debt is likely to lead to a further rise in bankruptcies and more homes being repossessed.
- £600k shortfall for creditors as kitchen firm declared insolvent
Following the closure of Winchester-based Shaston Kitchens at the end of August and its declaration of insolvency in mid-September, further detailed investigations by the liquidators at Portland Business Recovery, estimate that creditors now face a shortfall of approximately £600k.
- £1.4m losses reported for Haskers
Portland Business Recovery is today sending out information to the 500 creditors of Haskers & Sons Limited, setting out the results of their enquiries into the company's financial position following their appointment as administrators; the total losses are estimated to be £1.4 million.
- New Insolvency Manager Increases Expertise at Portland
Portland, the south coast's largest independent business recovery firm, has recruited Lee Jones as an Insolvency Manager. Lee brings a wealth of talent and experience to Portland having performed similar roles across the country.
- Portland Takes Pole Position
The reputation of unrivalled expertise has helped Portland Business & Financial Solutions secure pole position as the top financial business recovery experts on the South Coast.
- Portland - the No1 Insolvency Practitioner in Dorset
Portland Business & Financial Solutions' reputation as a competent, reliable and effective insolvency specialist has assured its position as the top financial rescue expert in Dorset.
- Poole Director Turns Business Around With Portland's Help
If you know your company is heading for a difficult period, don't ignore it. Instead arm yourself with guidance from a business rescue firm such as Portland Business & Financial Solutions and fight the battle head on. That is the advice of the South's leading independent business recovery firm, whose Poole office helped local firm Mayfield do just that and, in turn, secure its future.
- Portland pays dividends
When a company goes bust, typically the creditors don't expect to get any of their money back, but that's not always the case says Carl Faulds, Managing Director of Portland Business Recovery, the South's leading independent business recovery firm.
- 50 Jobs Saved In Sale Of Local Business
Business recovery experts Portland today confirmed that 50 local jobs have been saved at fresh food wholesaler Nature's Way Marketing. Following their administration appointment shortly before Christmas, Portland, the largest independent business recovery firm in the South, has successfully sold the business of the Chichester based wholesaler to a competitor.
- Tenants' deposits saved in sale of Carol Frost & Co.
Top 10 business recovery experts Portland today announced that following the December administration of Southsea based property management company Carol Frost & Co., they have successfully sold the business to Fareham based estate agents, Beals.
- Developing Staff at Portland Business Recovery
Fareham based top 10 independent business recovery firm, Portland are congratulating Case Manager, Nicola Layland on becoming fully qualified with the Chartered Institute of Management Accountants (CIMA).
- Why businesses fail (and how to ensure yours won't!)
An increasing number of small and medium sized businesses are expected to fail in 2007. When businesses fail, too often it's because management didn't spot the warning signs early enough to take remedial action. There are 10 key signs business owners should be wary of that could indicate their business is about to enter the danger zone:
- Personal Insolvency - The Options
As the highly competitive and profitable lending industry has grown in this country, another profitable market, 'debt solutions', has sprung up alongside it.
- No easy cure for the Christmas financial hangover
'January and February can be a time of great anxiety for many as credit card statements start landing on the doorstep,' said Carl Faulds today. Faulds, of Portland Business & Financial Solutions Ltd in Fareham sees many individuals wrestling with accumulated debt, often compounded by Christmas spending and frequently they're turning to the wrong sources for advice.
- High Flyer joins Portland Business Recovery
Mike Field, former assistant director with international financial services firm Deloitte, has joined Portland, the south coast's largest independent business recovery firm, as an associate.
- Exam Success
Fareham based business financial recovery firm, Portland are congratulating two of their young team members on passing their Certificate of Proficiency in Insolvency.
- Splashing around down at Portland
The Fareham office of business recovery firm Portland, sprung into action recently at Fairthorne Manor when staff participated in an active team building day.
- Bankruptcies still on the increase
The latest insolvency figures published by the DTI show a continuing increase in the number of people being made bankrupt or entering into individual voluntary arrangements (IVAs) with their creditors
- Portland Secures Buyer for Sprays International
The Fareham office of business recovery firm Portland has succeeded in finding a buyer for the business of ailing Derby-based spray equipment manufacturer, Sprays International Limited, which was placed into administration in February 2006.
- Portland Appointed Administrators of PC IQ Ltd
Managing Director Carl Faulds and James Tickell, Director of Portland Business & Financial Solutions Limited have been appointed as administrators to handle the affairs of PC IQ Ltd. based in Romsey. Being the largest independent business recovery firm in the South, Portland operates from offices in Whiteley, Poole and London and has a vast experience in handling such matters.
- A New 'Outlook' for those in Financial Difficulty
Portland Business and Financial Solutions has confirmed its commitment to providing a quality local service to businesses and individuals in Dorset, by relocating its Poole office to new premises at The Outlook, Ling Road, Poole. This further investment in the region comes less than 12 months after the Poole based firm Fortune Peat Insolvency Practitioners was incorporated into Portland.
- Sandie's feeling on top of the world
Feeling on top of the world came true for a Portland manager who completed a gruelling six day trek for charity to the summit of the world's highest free-standing mountain.
- Business rescue rather than burial - it's official
Recent statistics published by the Insolvency Service highlight the growth of the culture of business rescue rather than business burial with the continued success of administration as the preferred treatment for distressed businesses.
- Goodmans Loudspeakers administration auction of assets -auction catalogue
Following the successful implementation of the extended trade out plan agreed with creditors and the closure of the business, the administrators have arranged for an auction of the company's assets. This is being held on Wednesday 10 November at the company's premises in Havant.
Click here for an auction catalogue.
- Bankruptcy still a tough option for spendthrift individuals
Latest government figures confirm that businesses have been reaping the benefits of strong economic growth in recent months with the number of companies failing falling to a five year low but personal bankruptcies plateaued at their current record level, prior to another anticipated strong spurt upwards later in the year, making it a tough year for spendthrifts.
- Portland appointed as Administrators to Goodmans Loudspeakers Limited
Portland has been appointed as Administrators to Goodmans Loudspeakers, the world-renowned manufacturer of loudspeaker systems based in Havant, which also has manufacturing plants in Hungary and Mexico.
- Insolvency picture is mixed say Portland
The picture reflected in the latest business and personal insolvency figures from the DTI is a mixed one, say Portland.
- Survive and prosper - the new Enterprise Act changes
That's the message from the government and the south's leading insolvency and business rescue practice following the implementation of the Enterprise Act 2002. Read on to see how the changes impact on business rescue today
- Portland helps in $6.5m sale of business saving 45 jobs
Read how Portland director, James Tickell, supported a board under pressure to achieve a constructive outcome from an insolvent company
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