Business Details
22 Years
experience
Expert Insolvency Solutions in Loughton
Established in 2004, we specialise in providing expert insolvency solutions for businesses and individuals facing financial difficulties. Our team combines chartered accountancy expertise with licensed insolvency practice to deliver tailored strategies that address complex debt challenges. With over two decades of experience in the SME market, we prioritise early intervention to prevent insolvency through transparent, obligation-free consultations. Our fixed-fee structure ensures cost predictability while maintaining accessibility for clients in crisis. We focus exclusively on insolvency matters, ensuring deep specialisation and maintaining trust within the professional community.Our approach balances legal compliance with compassionate support, recognising the emotional and financial pressures faced by our clients. We operate from our Loughton office, serving clients through accessible communication channels including face-to-face meetings, phone consultations, and digital correspondence. Our track record demonstrates that proactive engagement with insolvency specialists often reveals viable solutions where none seemed possible.
Services
Company Voluntary Arrangements
Administrative Receivership
Administration Orders
Liquidation Services
Individual Voluntary Arrangements
Bankruptcy Advice
Details
- Year established: 2004
Highlights and features
- Free initial consultations with no obligation
- Specialist insolvency expertise since 2004
- Transparent fixed-fee pricing structure
- Tailored solutions for business and personal insolvency
- Proven track record in SME market support
Associations and certifications
- Chartered Accountants
- Licensed Insolvency Practitioner
Services
Company Voluntary Arrangements
We specialise in negotiating binding agreements between companies and creditors to restructure debts while maintaining business operations. Our expertise ensures proportionate repayment plans that protect viable businesses. With over 20 years' experience, we maximise chances of approval while minimising director liability.
Liquidation Services
Our licensed practitioners manage formal insolvency processes including compulsory and voluntary liquidation. We ensure compliance with the Insolvency Act 1986 while optimising asset distribution. Fixed-fee arrangements provide clarity during complex business wind-downs, with emphasis on creditor satisfaction and regulatory compliance.
Bankruptcy Advice
We provide specialist guidance for individuals facing bankruptcy through debt restructuring options. Our services include Individual Voluntary Arrangements (IVAs) and debt management strategies. Free initial consultations assess alternatives to bankruptcy, focusing on asset protection and financial rehabilitation.
Administrative Receivership
Our team manages secured creditor appointments to recover investments while balancing stakeholder interests. We implement efficient business sales as going concerns where possible. Fixed-fee structures ensure cost control during complex asset realisation processes for commercial creditors.
Insolvency Consultations
We offer obligation-free assessments of financial difficulties for businesses and individuals. Early intervention consultations identify insolvency risks and explore recovery options. Our chartered accountants provide realistic evaluations of viable alternatives to formal insolvency procedures.
People
Richard Rones
Principal
Chartered Accountant and Licensed Insolvency Practitioner with 21 years' specialist experience in SME insolvency solutions. Former corporate finance director turned insolvency specialist, combining technical expertise with practical business understanding to deliver client-focused resolutions.
Questions
What insolvency options exist for struggling businesses?
We offer Company Voluntary Arrangements, Administration Orders, and Liquidation Services. Early consultation helps identify whether rescue or restructuring remains viable before formal processes become necessary.
How do you charge for insolvency services?
We operate fixed-fee arrangements agreed in advance. Initial consultations remain free to help clients understand options without financial pressure affecting decision-making.
Can personal bankruptcy be avoided?
Yes, through Individual Voluntary Arrangements and debt restructuring. We assess alternatives to bankruptcy that protect assets and maintain financial control where feasible.
What happens during company liquidation?
We manage asset realisation, creditor communications, and regulatory compliance. The process aims to distribute proceeds fairly while fulfilling director obligations under the Insolvency Act 1986.
How quickly can we get help?
We prioritise urgent cases with same-day consultations available. Immediate action prevents creditor enforcement and preserves business continuity options during financial crises.
Videos
Reviews (1)
Bryan Morris
Nov 24, 2017
Report
Insolvency experts. The principal is Richard Rones a Licenced Insolvency Practitioner. A Fellow of The Association of Business Recovery Professionals and Fellow of The Institute of Chartered Accountants in England and Wales. Golf player! They claim to "put the solve into insolvency". Friendly office, regular email news briefings. Good advice. Advise both corporate and personal clients.
