insolvency practitioner services

insolvency practitioner

Insolvency Practitioner and Business Recovery Professionals

Currently, there are approximately 1,600 licensed insolvency practitioners (IPs) licensed and registered in the UK. The majority of IPs work for legal or accountancy firms, or for a dedicated business recovery and insolvency practice. The role of an insolvency practitioner involves more than just liquidating solvent and insolvent companies. They are also very much involved …

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voluntary liquidation process

What is the Voluntary Administration Process?

Voluntary administration is an alternative to liquidation when winding up an insolvent company. It is used to protect the company from any legal action by creditors as the company voluntarily agrees to pay regular payments to settle their debts over a period of time. An appointed administrator handles the voluntary administration process, as well as …

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Business Recovery Services To Protect Your Business

Businesses can at times face financial difficulties including cash flow issues, large debts and potentially on the verge of insolvency. Firstly, don’t panic. Secondly, get advice from a business recovery services expert on how to deal with business debt and restructuring the company to turn it around. What is business recovery? Business recovery refers to …

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