Chris Kelly (Ramsey)

Chris was appointed a partner in 2002. He is head of the firm's Corporate Finance department, where his forward thinking approach is much valued by clients. He specialises in providing advice to owner managed businesses on improving profitability, business growth and exit planning. Chris lives in Cambridge and advises his Greater Cambridge and Peterborough based clients from the Ramsey office. He enjoys spending his weekends with his family, and has a wide variety of interests from science to music, art and literature. Chris is a keen cyclist and a weekly row on the River Cam also helps keep him fit.
 
My Latest Blogs
 
Chris Kelly
8th January 2021 Wrongful Trading Liability Suspension – Renewed 26 November 2020

In March 2020 the Government temporarily suspended wrongful trading provisions until 30 September 2020.   The purpose of this measure had been to ensure that company directors could continue to operate during Covid-19 without worrying about becoming personally liable for wrongful trading.   On 26 November 2020, following the 2nd lock down, new legislation came…

Read More »

Chris Kelly
23rd November 2020 Brexit – make sure you’re ready

The Brexit transition period ends on 31 December 2020.   There will be significant changes to the way that Import and Export business is conducted and the documentation needed, even if a Free Trade Agreement is ultimately reached with the EU.   Time is running out to consider the impact of the changes on your…

Read More »

Chris Kelly
11th November 2020 Good debt vs. Bad debt

It has never been easier for businesses to get a loan following the introduction of the Bounce Back Loan (BBL) scheme. The scheme has been extended to 31 January 2021 and businesses will now be able to apply for top-ups if they have not previously taken the full amount available.   But what is the…

Read More »

Chris Kelly
25th September 2020 COVID-19 Business Support – Winter Economy Plan

  With the Autumn Budget cancelled the Chancellor has announced a Winter Economy Plan introducing a package of measures to support businesses.   The highlights are:   The Coronavirus Jobs Retention Scheme (CJRS) – Will end as planned on 31 October 2020.   A new Job Support Scheme – To support viable UK employers who…

Read More »

Chris Kelly
28th August 2020 Corona Virus Business Interruption Loan Scheme extended by two months to 30th November 2020 to accept an offer from an accredited lender. Businesses still need to make an application by 30th September.

With the Corona Virus Business Interruption Loan Scheme set to end on 30th November, it’s important that, should you wish to access funding, you begin the process as soon as possible.   You may have thought that the scheme was simply offering ‘standard’ term loans however there are actually a number of products available under…

Read More »

Chris Kelly
31st July 2020 New grant for employing apprentices

A new scheme which will be launched next Monday, 3rd August to support non-levy paying businesses which recruit new apprentices aged 16-24.   The scheme is called Recruit – Retain – Reward and is provided by the apprenticeship teams at Norfolk and Suffolk County Councils.  It will pay the following:   £1,000 to businesses taking…

Read More »

Chris Kelly
12th June 2020 Rebound and Recover Business Training Programme

Whiting & Partners are delighted to have launched a series of short presentations, to support business owners through the next few months, as they seek to grow their business.   Some businesses need to relaunch, some are dealing with major changes to their operations or supply chain and some may be managing a huge demand…

Read More »

Chris Kelly
9th June 2020 Coronavirus Job Retention Scheme Changes

Urgent reminder that tomorrow (10th June) is the last day you can begin an employee on furlough for the first time, for the 3 weeks minimum on this first scheme. This is very important because if they are ever likely to want to furlough any employee from 1st July to 31st October on the ‘new’…

Read More »

Chris Kelly
6th May 2020 Bounce Back Loan not available from your bank?

Business Bounce Back Loans are currently only being provided by the 9 main banks.   In addition, most of these banks are currently only making these loans available to their existing customers.   However, HSBC are accepting online applications from non-customers on their website.   For a the up to date list of lenders visit…

Read More »

Chris Kelly
4th May 2020 Coronavirus Bounce Back Loan Scheme Now Open for Applications

Key features of the BBLS:   The scheme is a 100% government backed initiative for small businesses.   You can apply* for a loan between £2,000 and £50,000 (up to a maximum of 25% annual turnover), for 6 years.   No repayments required for the first 12 months, and you won’t pay any charges should…

Read More »