Forbes Burton

What Went Wrong for HobbyCraft?

Robbie Meechan — Tue, 10 Jun 2025 10:44:13 +0000

Customers are dismayed at the news of several HobbyCraft sites closing soon, but is the retailer really facing its end? In yet another blow to the British high street, HobbyCraft announced at the end of April that it would be looking to close down some of its stores sometime in July. Thankfully, though, these closures […]

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Innovative Wheel-Wash Business for Sale

Robbie Meechan — Fri, 30 May 2025 12:58:25 +0000

Business overview We’re excited to provide the opportunity to acquire an HGV wheel-wash business that has a particularly compelling USP: the system they’ve devised doesn’t need any water. The innovative system reduces or eliminates several costs for the company’s clients completely, negating the need for the equipment, fuel and staffing required for traditional wheel-wash systems. […]

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What the Block on Trump’s Tariffs Means for UK Businesses

Robbie Meechan — Thu, 29 May 2025 15:37:13 +0000

In early April, US President, Donald Trump, declared that he had the authority to impose sweeping global tariffs as he was acting against a nationwide emergency. Turns out he was wrong. A US trade court has deemed the ‘reciprocal’ tariffs illegal, and that Trump had “exceeded his authority” in implementing them. The US Court of […]

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Buying a Leasehold Business: Is it a Good Idea?

Robbie Meechan — Thu, 29 May 2025 13:29:52 +0000

In short: A leasehold business is any company that doesn’t own its own premises. Buying a leasehold business is usually cheaper than acquiring one with its own property. Landlords simply transfer the lease over to the new owner. When buying a leasehold business, investors often contact us with concerns and questions about the process. […]

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England Footballer Loses Thousands in Failed Business

Robbie Meechan — Wed, 21 May 2025 13:53:51 +0000

A business that Ex-Liverpool and England footballer, Steven Gerrard owns 25% of is set to be formally dissolved after racking up debts it cannot pay off. Angel Revive, a spring water manufacturer based in St Helens has ceased trading as it waits to be formally dissolved and struck off from Companies House. Gerrard had invested […]

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Received a High Court Writ? Your Questions Answered

Robbie Meechan — Mon, 19 May 2025 10:26:12 +0000

In short: High Court writs are serious legal documents that require a prompt response. These writs give High Court enforcement officers the right to seize a company’s assets. Bailiffs can take vehicles, freeze accounts and more in an effort to recover a debt. What is a High Court writ? A High Court writ is […]

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Networking Event Goes off With a Bang!

Robbie Meechan — Fri, 16 May 2025 15:16:11 +0000

Forbes Burton held their third ‘networking with a twist’ event recently, with Millfields in Grimsby hosting a ‘Beat the Bomb’ event. Several teams of local businesspeople tackled luggage jam-packed full of cryptic clues. The ultimate goal being to defuse the prop bomb in the middle of the room and take home the grand prize. The […]

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UK Businesses Worried About Employment Rights Changes

Robbie Meechan — Wed, 14 May 2025 13:12:43 +0000

Upcoming changes to the Employment Rights Bill have left some UK businesses nervous as to how it might affect their operations. The government outlined plans in the autumn budget to rejig the Employment Rights Bill to provide greater securities for employees, but after other sweeping changes, some wonder if the measures could see businesses suffering […]

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Solvent Liquidation: A Guide to MVLs

Robbie Meechan — Tue, 13 May 2025 15:53:01 +0000

In short: Solvent liquidations are possible through a process named members’ voluntary liquidations (MVLs). An MVL pools a company’s funds and assets together to distribute among shareholders and creditors before closure. MVLs can provide significant tax advantages compared to other company closure options. If you were to imagine a company liquidation, you’d be forgiven […]

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Moorcroft Closure Exposes Larger Problem for UK Ceramics Sector

Robbie Meechan — Wed, 07 May 2025 15:45:06 +0000

After some 112 years, Stoke-based Moorcroft Pottery has closed its doors. The luxury ceramics manufacturer, favoured by prime ministers, US presidents, and members of the Royal Family alike, announced its closure on 30th April. Moorcroft had enjoyed a reputation as one of Britain’s most prestigious brands, built on years of manufacturing high-quality ceramics that are […]

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