Business Details
20 Years
experience
Expert Insolvency Services in Matlock
We are independent specialists in business recovery and insolvency, dedicated to assisting businesses and individuals facing financial difficulties. Established in 2006 with a team of three professionals, we have grown to a team of nine experienced insolvency practitioners operating from our Derbyshire base with national coverage. Our approach prioritises empathy and professionalism, ensuring clients receive tailored advice to navigate complex financial challenges. We specialise in a range of solutions including liquidation, administration, and voluntary arrangements, with a focus on preserving value and protecting stakeholders. Our team includes licensed insolvency practitioners and managers who provide dedicated support throughout the process.We maintain strong accreditations with leading industry bodies, including the Insolvency Practitioners Association and R3, reinforcing our commitment to excellence. With over 90 years of combined experience, we guide clients through insolvency procedures while maintaining transparency and ethical standards. Our services extend to international insolvency matters through partnerships with organisations like INSOL Europe. We pride ourselves on delivering timely, practical solutions that align with our clients' unique circumstances, ensuring the best possible outcomes.
Services
Liquidation
Administration
Company Voluntary Arrangement
Receivership
Moratorium
Refinancing
Individual Voluntary Arrangement
Bankruptcy Procedures
Details
- Year established: 2006
Highlights and features
- We have over 90 years of combined experience in insolvency services.
- We offer free initial consultations to assess your financial situation.
- Our team handles cases with empathy and professionalism, as highlighted by client testimonials.
- We provide national coverage with a dedicated point of contact for each case.
- We maintain accreditations with leading industry bodies like R3 and INSOL Europe.
Associations and certifications
- Insolvency Practitioners Association (IPA)
- The Insolvency Service
- Association of Business Recovery Professionals (R3)
- Turnaround Management Association
- INSOL Europe
What people say
Empathically and in a most professional manner
Knowledge and professionalism was second to none
Exceptional help, guidance, and support
Made the whole experience less stressful
Timely and effective solutions
Services
Liquidation
We facilitate voluntary and compulsory liquidation processes for insolvent companies, ensuring compliance with legal requirements while maximising returns for creditors. Our team handles asset realisation, director conduct reviews, and creditor communications. With over 90 years of combined experience, we provide empathetic support during challenging times, as evidenced by client testimonials praising our professionalism.
Administration
Our administration services focus on preserving business value through restructuring or asset sales. We act swiftly to protect companies from creditor action, developing recovery strategies tailored to each client's circumstances. The process includes creditor negotiations and implementation of restructuring plans, leveraging our expertise in corporate insolvency to achieve optimal outcomes.
Company Voluntary Arrangement
We design and implement legally binding debt repayment plans that allow solvent businesses to restructure obligations. Our process includes creditor negotiations, proposal drafting, and ongoing supervision. With a success rate of 75% approval from creditors, we help businesses avoid liquidation while maintaining operational control for directors.
Individual Voluntary Arrangement
We assist individuals in negotiating legally binding debt repayment agreements with creditors. Our services include proposal preparation, creditor meetings, and ongoing supervision of payment plans. We provide free initial consultations to determine suitability, ensuring clients understand the impact on credit ratings and long-term financial planning.
Bankruptcy Procedures
We guide individuals through bankruptcy processes, explaining options for debt discharge and asset management. Our services include trustee appointments, creditor communications, and post-bankruptcy financial planning. We provide alternative solutions like IVAs where appropriate, ensuring clients understand the implications of each option.
People
John Hedger
Director & Insolvency Practitioner
John Hedger is a licensed insolvency practitioner with extensive experience in corporate recovery. He leads formal insolvency appointments and provides strategic guidance to businesses in financial distress. His expertise spans liquidation, administration, and restructuring processes.
Questions
What is the difference between liquidation and administration?
Liquidation involves winding up a company's affairs and distributing assets to creditors, while administration focuses on rescuing a business or achieving better creditor returns through restructuring.
How long does a Company Voluntary Arrangement typically last?
A CVA usually lasts 3-5 years, during which the company repays debts according to agreed terms while maintaining operational control.
Can I keep my business during bankruptcy proceedings?
Bankruptcy typically involves asset liquidation, but alternatives like IVAs may allow individuals to retain business assets through structured repayment plans.
What areas do you cover for insolvency services?
We operate from Derbyshire with national coverage across England and Wales, handling both domestic and international insolvency matters through professional networks.
How quickly can you initiate insolvency proceedings?
We can often initiate administration proceedings within hours to provide immediate creditor protection, with liquidation processes starting promptly following initial consultations.
Reviews (1)
K. Perkins
Jan 09, 2017
Report
If you need advice on any matter of either business or personal insolvency, give Seneca a call. They are really helpful for planning to AVOID situations & have lots of practical options & advice to offer. They also offer a free initial discussion to reassure you. Having heard John Hedger speak about the breadth of their work & the choice of innovative solutions to keep your business going in the best way for you I can definitely recommend that you contact them . Take control of the situation before the situation takes control of you
