New Year Expansion for BLB Advisory

NEWS & BLOG

NEWS & BLOG

Coventry based restructuring, turnaround and insolvency specialist, BLB Advisory, has expanded through the acquisition of Hereford based Star Advise.

BLB Advisory has started 2021 with very positive news, announcing the expansion of the practice with the acquisition of Star Advise, an insolvency specialist based in Herefordshire. Whilst the two offices will continue to focus on supporting businesses within their local area, this growth means that there is now more resources and more knowledge across the company.

Brett Barton, BLB Advisory Managing Director, said: “Louise Hookham of Star Advise and I have worked together in the past, so when we were both looking to grow it seemed an obvious solution for us to combine our forces together. It also means that Rachel Ballinger will join the team as a second appointment-taking licensed Insolvency Practitioner giving us greater strength and depth. We are now a team of six and this broader experience will undoubtedly enable us to offer an even greater service to all of our clients.”

Both practices will very specifically still focus on their respective counties and it’s very important to both Brett and Louise that this regional approach remains.

Brett continued: “Louise and I both left roles at a national practice to open our own businesses as we wanted to be able to provide support to SMEs that can be difficult to achieve in larger organisations at a competitive price. This was important to us both, and our emphasis on supporting companies of all shapes and sizes won’t change.”

The expanded team of BLB Advisory still provides the same wide range of services, from simple advisory assignments, to help with raising finance, business acquisitions and disposals, business exits and assisting with financial distress. The heart of the company is to offer impartial and constructive advice that explores all the possible options, ensuring that the best outcome is found for each individual case.

Whether you are looking for help with rescuing a business or you need some guidance through a closure, please get in touch with BLB Advisory Ltd on 02475 097627 or info@blbadvisory.co.uk.

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Business Advice & Guidance on New Insolvency Website

NEWS & BLOG

NEWS & BLOG

BLB Advisory Ltd has just launched its brand new website that is full of useful information for struggling businesses.

For any business owner, getting the right guidance is vital. The new BLB Advisory Ltd website not only provides information on the different options available for businesses that are facing tough times, but it also has a Guidance & Resources area and a blog to offer extra insight.

Looking through the website, visitors can find information on key regulations, useful facts, complex issues, tips for how to deal with some of the more pressing matters, and a glossary of terms to help people navigate their way through what may be unfamiliar territory.

Brett Barton, Managing Director, says, “It’s stressful enough going through financial struggles without the added weight of all the options and decisions that need to be made. It can be hard to know where to start and what to do next, and, as with anything in this world, things change at a rapid rate. With our new website, we wanted to provide people with straightforward information that would help them understand some of the challenges that they might have to face, and what solutions are available to them.”

Regular content will be added to both the Guidance & Resources and blog areas of the site, making sure that visitors are always kept up to date with anything they need to know. Brett is on the committee of the Insolvency Practitioners Association (IPA) and so stays abreast of key changes. Any information that businesses need to be aware of will be published on the site.

If your business is facing a difficult financial situation and you’re looking for some advice and guidance, please take a look around our website. Or if you’d like to further discuss how BLB Advisory Ltd could support you, either for help with rescuing a business or guidance through a closure, please contact us.

Focused Local Business Support from New Insolvency Specialist

NEWS & BLOG

NEWS & BLOG

BLB Advisory Ltd is a new restructuring, turnaround and insolvency specialist that has opened up in Coventry to help support SMEs and Owner Managed Businesses that are facing challenging times.

Managing Director, Brett Barton, set up this practice specifically to work with businesses in the Coventry & Warwickshire area that may need more dynamic and cost effective support. Working as an Insolvency Practitioner since 1995, Brett more recently left his role as a Partner at a national practice in order to be able to support businesses that he felt weren’t getting the right help they needed.

Brett says, “I had a great experience at the larger practice, but sometimes I felt that I wasn’t able to offer smaller companies the right level of support. I am delighted to be back in Coventry again and look forward to connecting with local business owners across the whole region without constraint. My team are experienced and well placed to offer businesses flexible help in a more dynamic way. Being able to support businesses when they’re going through a tough time has always been a top priority for me.”

Throughout his career, Brett has always taken an active role in insolvency, staying abreast of trends and volunteering with his regulator, and he has been participating on various committees of the Insolvency Practitioners Association (IPA) for over 10 years. He says, “Although day to day my focus is to work with owner managed businesses and to connect with them at a regional level, being on a committee of the IPA means that I can still easily stay in touch with what’s happening within the world of insolvency at a national level. This means I am consistently able to provide my clients with the best advice and guidance, whatever their needs, whilst also being able to understand their specific business requirements.”

Whether a person owns the business, is on the Board of Directors, or is a creditor seeking support, BLB Advisory provides a wide range of services. From simple advisory assignments, to help with raising finance, business acquisitions and disposals, business exits and assisting with financial distress, BLB Advisory offers impartial and constructive advice that explores all the possible options, ensuring that the best outcome is found for each individual case.

Whether you are looking for help with rescuing a business or you need some guidance through a closure, please get in touch with us.