A rescue mechanism for insolvent entities which prevents legal action without court permission. As Administrator, we will formulate plans to restructure and rescue the business, or sell the business or its assets, to achieve a better return than would be available in liquidation.
When an individual is declared bankrupt, all his assets vest with the Official Receiver. Under certain circumstances, a meeting of creditors will be convened to nominate an Insolvency Practitioner as the bankrupt's Trustee. We as Trustee are responsible for realising assets for the benefit of creditors.
The statutory procedure to formally wind up a company with insufficient resources to pay creditors in full. Insolvency Squared will assist with all the formalities associated with the procedure and ensure that the most effective course of action and timing is putting in place for each unique scenario.
A winding up procedure for solvent companies, often tax driven or due to shareholder retirement. We will work in conjunction with your accountant to ensure the optimum outcome for shareholders and any other stakeholders.
A formal insolvency tool offering a solution to companies or individuals currently in distress, but with a sound underlying business. Our years of experience will enable us to construct a proposal which encompasses the interests of all parties, and use our expertise to negotiate on your behalf.
When a business is experiencing cash-flow problems, Insolvency Squared can assist in managing the situation, by negotiating with HMRC and other creditors on your behalf.
A creditor can nominate Insolvency Squared to attend meetings as their proxy, and vote on their behalf to ensure a fair outcome at meetings of creditors.
Founded by Karyn Jones, Insolvency Squared is a fresh and innovative approach to the ageless world of insolvency. With over 20 years of successful experience within insolvency solutions, we are able to provide the best service possible, whilst being both approachable and professional. Our aim as an independent insolvency firm is to provide our services to both corporate and personal matters and offer relevant, realistic advice to those we may help.
"What matters to us most is our ability to develop and maintain relationships both within and outside of the insolvency industry. Working across a number of sectors including construction, retail, entertainment and property along with mortgage and recurring revenue solutions, we offer client centric help and assistance in all possible scenarios."