Bailey Ahmad Business Recovery

06/02/2025

⚠️ Facing a Winding Up Petition? Act Now.

Time is of the essence when dealing with a winding-up petition. Ignoring it won’t make it go away, but seeking advice early can make all the difference.

Our blog explains a winding-up petition and the crucial first steps to protect your business and its future.

💬 Have questions about the process? Our team is here to help.

🔗 Read the full blog now: https://babr.co.uk/winded-up-petition-explained/

28/01/2025

🔍 Understanding Business Asset Disposal Relief Changes 🔍

Changes to Business Asset Disposal Relief (BADR) are coming, and it’s essential for business owners and advisors to plan ahead:

April 2025: BADR rate increases from 10% to 14%.

For businesses considering closure or restructuring, a Members’ Voluntary Liquidation (MVL) can provide a tax-efficient way to distribute assets while benefiting from the current 10% rate.

💡 For business owners: If you're considering winding up a solvent company, a Members’ Voluntary Liquidation (MVL) offers a structured and tax-efficient method to distribute assets to shareholders. This process ensures all legal obligations are met, and any remaining assets are returned as capital, potentially benefiting from the current 10% BADR rate

💼 For advisors: This is a timely opportunity to guide clients towards strategies that preserve their hard-earned wealth.

Early action ensures the most favourable outcomes under the current tax regime. If you’d like to learn more about MVLs or the upcoming changes, visit:
https://babr.co.uk/how-does-a-members-voluntary-liquidation-work/

09/01/2025

📜 What is a Winding Up Petition?

When a business faces financial struggles, a winding-up petition can feel like the end of the road. But what does it really mean, and what steps can you take to protect your business?

In our latest blog, we break down the process, the risks, and, most importantly, how to act quickly if your company receives one.

💡 Get informed, stay proactive, and take control.
👉 Read more here https://babr.co.uk/winded-up-petition-explained/

08/01/2025

🎉 Celebrating 18 Years of BABR! 🎉

Today marks a significant milestone – 18 incredible years since Tom Ahmad and Paul Bailey founded BABR on 8th January 2007.

From humble beginnings, their vision and dedication have shaped BABR into the trusted and respected firm it is today, helping countless businesses navigate complex challenges with confidence and a focus on positive outcomes.

As we reflect on the past 18 years, we're immensely proud of the relationships we've built, the solutions we've delivered, and the talented team we've grown – all driven by our commitment to supporting our clients in their times of need.

To our clients, colleagues, and supporters who have been part of this journey – thank you. You’ve played an essential role in helping us reach this milestone, and we look forward to continuing to grow, innovate, and serve together in the years to come.

Here’s to the next chapter in BABR’s story! 🥂

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20/12/2024

We would like to take a moment to thank all our clients, partners, and suppliers for their support during 2024. All of us at BABR wish you a Merry Christmas 🎄and a Happy New Year.

Should you need any support or advice over the festive period, our 🏢office will be open as usual between Christmas and New Year but closed on the following dates:

24th December
25th December
26th December
1st January

We recognise that the holiday season can be difficult for many people; if you or your clients are struggling, we're here to help. Nobody should have to navigate it alone. Taking the first step toward a solution could be the best gift you give yourself and your business this Christmas.

17/12/2024

🎄 The True Cost of Christmas for Businesses 🎄

The festive season can bring a welcome boost in revenue, but for many businesses, it’s rarely enough to paper over deeper financial cracks. Relying on seasonal spending to “save” your business can be a risky strategy that often delays more significant problems.

Take control now. At BABR, we’ve helped retail businesses and others successfully navigate financial difficulties, restructure, and restart stronger. 🎯

📊 Read our case study: A struggling retailer faced closure but, through careful planning and restructuring, achieved long-term success.

👉 Learn how we can help you: https://babr.co.uk/restart-solutions/

Don’t let financial strain ruin your business in the new year. Reach out to our team today – because waiting isn’t a solution.

13/12/2024

🎄✨ We’ve got that festive feeling! 🎅

This year, BABR proudly joined forces to support Save the Children UK's Christmas Jumper Day with an online quiz, full of holiday spirit and a dash of friendly competition. 🏆

🎤 Hosted by our brilliant quizmaster Andrew Everett (MCICM), the quiz brought out the best (and most competitive!) in our team. The festive theme had everyone getting into the holiday spirit, with plenty of laughs and some serious trivia skills on display!

🥇 A huge congratulations to our champion, George Foster, aka “Fingers Foster", who was the winner. 👏✨

🎄 Everyone looked fantastic in their Christmas jumpers – from sparkles to reindeer – and their enthusiasm helped make the event truly special. Most importantly, we had a wonderful time coming together to support such a meaningful cause.

🎅🎄

11/12/2024

📈 : How to identify risks and take proactive action 💼

Navigating financial challenges can be daunting—but it doesn’t have to be.

We recently partnered with to deliver a powerful webinar packed with actionable insights and strategies to help you protect your business and thrive, even in uncertain times. If you missed it, don’t worry—the recording is available for you to watch!
💡 What You’ll Learn:
⏩ Spotting Financial Distress: How to identify early warning signs before they escalate.
⏩ Cash Flow Management: Best practices to maintain liquidity and avoid common pitfalls.
⏩ Refinancing Solutions: How commercial finance brokerage can stabilise your cash flow.
⏩ Debt Recovery Strategies: Effective ways to recover outstanding debts and improve liquidity.
⏩ Legal Insights: Practical steps for restructuring and understanding insolvency laws.
⏩ Expert Guidance: The critical role insolvency practitioners play in rescuing and restarting struggling businesses.

📺 Watch the webinar here: https://www.youtube.com/watch?v=Dyo4jRvY0WI

👉 Get in touch: If you're unsure about your next steps, contact our team for tailored advice: www.babr.co.uk

💬 What’s the biggest financial challenge your business is facing right now? Let us know in the comments or reach out—we’re here to help!

Are you a business owner or financial manager navigating financial challenges?Watch this recorded webinar featuring an exclusive collaboration between Dragon...

10/12/2024

🌟 🌟

"Liquidating a company that you have spent years building is hard, stressful, and emotional. The people at BABR have been incredible and supportive, offering great advice and help. Special thanks to Teah for advice—she is a real credit to the company." ⭐⭐⭐⭐⭐

Thank you for these kind words! At BABR, we understand the emotional challenges of insolvency and are here to provide expert guidance with care and compassion. 💼✨ A huge shoutout to Teah for going above and beyond!

04/12/2024

We’re feeling festive! 🎄✨
Last week, our northern hub came alive with a wonderful co-working and wreath-making event, thanks to Rebecca Danby's superb organisation. Foster, George Foster, and Teah Mitchell brought their creative flair to the wreath-making, and the results were stunning!

Moments like these are what make us a stronger, more connected team—inside and outside the workplace. Check out the photos and get inspired for your own festive creations! 🎁🎨

03/12/2024

🏆 Choose BABR for Unmatched MVL Expertise! 🏆

Thinking about exit planning? BABR has been the trusted partner for accountants and shareholders, helping recover tens of millions through efficient Members' Voluntary Liquidations. With Business Asset Disposal Relief tax rates increasing in 2025, now’s the time to act and lock in the 10% tax rate.

Why act now? Delaying could mean missing out on significant tax savings. BABR’s streamlined process makes it easy, efficient, and stress-free. Our reputation for excellence and proactive communication is why clients recommend us.

👉 Contact us today and secure your clients’ future: https://babr.co.uk/contact-us/

27/11/2024

💡 Proactive Business Strategies! 💡

Get ready for our Zoom event on 3rd December from 11 am to 12pm!

We're collaborating with Dragon Argent Ltd Yao Trinh and Harry Hasler to bring you "Protect Your Business: Identify Insolvency Risks Early and Take Proactive Action."

This session will cover legal and practical perspectives on business restructuring, the role of insolvency practitioners, and much more. Don't miss the interactive Q&A session! Register now https://tinyurl.com/4zse5xz3