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WRI Associates safeguard local jobs in latest successful deal

Ian Wright and Scott Milne of WRI Associates were appointed Joint Administrators of Pride Shopfitting Limited on 29 September 2017. The company operated from Cumbernauld and experienced difficulties when it was unable to secure payment of a significant debt from … Continued

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A lesson in innovation from a Scottish Media Icon that is still operating 233 years on

Innovation maintains competitive edge, and it’s not the preserve of start-ups. One business struck hard by digital disruption has shown that in the past week. HeraldScotland.com reported an impressive 5.3million unique users (the number of individual readers using its news … Continued

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The Living Wage: Pushing Up the Price of Your Pint?

It’s been heralded as the solution to struggling low-pay earners but increasing numbers of big players in the hospitality industry have hinted that they expect to raise their prices following the rising living wage. The hourly rate is due to … Continued

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Opt In for Charities – A Viable Business Model?

Following the suicide of charity fundraiser Olive Cooke public faith in charities is at an all-time low, and the Institute of Fundraising (IoF) recently announced a change to the Code of Fundraising Practice. The new change bans charities from selling … Continued

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Black Friday could be leading many to a bleak future

This weekend, many people will receive their last pay check before Christmas and retailers know it’s the perfect time to grab some of their hard-earned Christmas cash with unbelievable Black Friday Bargains, but is this American marketing idea doing more … Continued

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Senior Promotion at WRI Associates

Ian Wright, Managing Director, is delighted to announce that Scott Milne has been appointed Director of WRI Associates Limited and will be accepting appointments on a variety of insolvency projects. Scott has been with WRI Associates for over a year but as … Continued

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Episode 7 Mentoring – Why all businesses should give it some consideration

In Outstanding Finance Podcast No.7 special guest, Craig Kennedy Managing Director at Crakken Consulting joins Ian Wright, Managing Director at WRI Associates to discuss the value of mentoring. A statistic given by the Federation of Small Businesses states 70% of … Continued

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What is next for the Scottish pub trade?

Martin Williams portrayed a crumbling Scottish pub trade in his recent Herald article. He was reporting on Paul Waterson, Chief Executive of the Scottish Licensed Trade Association, who fears that we will soon see widespread pub closures as a result … Continued

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Episode 6 The Recent Rise In Business Failures – What Are The Real Reasons?

In Outstanding Finance Podcast No.6, Ian Wright, Managing Director at WRI Associates looks at the various reasons behind the sharp rise in the number of business failures from 2013 to 2014. The number of business insolvencies rose by eight percent … Continued

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Advance Payment Notices: A Question of Solvency

New provisions, which came into force on 17 July 2014, are designed to remove the cashflow advantage for the taxpayer that currently exists in relation to most direct tax disputes and to help HM Revenue & Customs (HMRC) to clear … Continued

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The Dangers Of Unexpected Bills

This week we saw an announcement of job losses and branch closures from Lloyds Banking Group as it prepares to implement its “digitisation strategy”. According to STV News the strategy “is expected to see a shift towards more computerised working … Continued

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The Outstanding Finance Podcast: Episode Five – What Will Craig Whyte Do Now?

We’re delighted to bring you the fifth instalment of WRI Associates’ Outstanding Finance Podcast, in which Managing Director, Ian Wright, looks at the recent disqualification of former Rangers FC owner, Craig Whyte, from being a company director and what it … Continued

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A Sign That Brand Loyalty Is Dying?

In the past we’ve written about the importance of listening to your customers and giving them what it is that they want. After all, if you don’t listen to them someone else will. At the time, the example we used … Continued

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Phones4U calls in the receiver – what are the lessons for all businesses?

Today, mobile phone retailer Phones4U called in a receiver leaving over 5500 people unsure about their future. It seems to have come as a shock to many people because Phones4U appeared to be a healthy business with a turnover in … Continued

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The Outstanding Finance Podcast – Volume Three

Today we’re delighted to bring you the third instalment of WRI Associates’ Outstanding Finance Podcast, which touches on how you can actually avoid the use of our services. You may think giving advice on how not to need our help … Continued

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Don’t Let Your Business Fall Under The Weather

In past blog posts we’ve touched on some of the factors which can impact the finances of businesses, such as competition and cash flow. However, at times, there can be instances where businesses can struggle through no fault of their … Continued

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The Outstanding Finance Podcast – Volume Two

After the first instalment of the Outstanding Finance Podcast last month we’re delighted to bring you our second episode. Here WRI Associates Managing Director, Ian Wright, explains the differences between liquidations, administrations, receiverships, and CVA’s. As well as explaining the … Continued

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Reasons A Business Could Become Insolvent

A while back we blogged about Tesco’s dropping sales and looked at possible reasons as to why this could be happening. And if the news this week is anything to go by, Tesco isn’t the only supermarket finding the market … Continued

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The Shopkeeper’s Window Just Got A Lot Bigger As HMRC Publish Details Of Deliberate Tax Defaulters

Remember the days when shopkeepers put the names of non-payers in the window? Well it looks like HMRC have brought the specific practice into the 21st century. On it’s website, HMRC is now publishing the details of deliberate tax defaulters, … Continued

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The Outstanding Finance Podcast – Volume One

Ever wondered about the ins and outs of debt and all that comes with it? Fear not, here’s our podcast which cuts through all the jargon and touches on various aspects of personal debt and what to expect if faced … Continued

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Lessons To Be Learned From Tesco

You may have seen in the news this week about supermarket giant, Tesco, and its drop in sales. Although troubling for those associated with Tesco there may actually be a lesson to be learned for other businesses here. It’s been … Continued

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WRI’s Managing Director, Ian Wright

We understand that when it comes to matters concerning money many of us can be very protective and won’t want to discuss them with a stranger. That’s why we’ve decided to create a blog post about WRI Associates Managing Director, … Continued

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Ensure Your Company’s Prepared For Auto Enrolment

You may have seen the adverts on TV featuring Ex-Dragons’ Den star, Theo Paphitis, highlighting the UK’s new ‘Auto Enrolment’ scheme. But how does it work; how will it affect you and your employer? The new scheme will see up … Continued

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Camboriu Restaurants Limited (trading as Tropeiro) in Administration

On Friday 31 January 2014, Ian Wright of WRI Associates Limited was appointed Administrator of Camboriu Restaurants Limited. The company operates the Tropeiro chain of Brazilian restaurants, with locations across the UK. It’s very much “business as usual” with the … Continued

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About WRI Associates

So now we’ve gone social, we think it’s a good idea for us to tell you a bit about us and what we do. WRI Associates is one of Scotland’s leading providers of Corporate and Personal Insolvency services. We have … Continued

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WRI Associates Goes Social

Welcome to our brand-new blog, where we will keep you updated with the latest news and events from the world of WRI Associates. For those who aren’t familiar with us, WRI Associates operate throughout Scotland. One of Scotland’s leading providers … Continued