Business Details
Insolvency & Forensic Accounting Experts in Devon
Established as a specialist niche practice, we have consistently delivered comprehensive insolvency and forensic accounting services across the South West. Our team includes three licensed insolvency practitioners who combine decades of industry experience with a deep understanding of complex debt solutions. We maintain a client-focused approach, offering free one-hour consultations at our offices in Truro, Ivybridge, and Exeter, or at client premises, ensuring accessibility for businesses and individuals facing financial difficulties. Our fee structure reflects our commitment to providing high-quality services at competitive rates. With extensive experience in corporate, partnership, and personal insolvency matters, we navigate clients through the complexities of debt restructuring and recovery.Our forensic accounting team provides expert court testimony and detailed financial analysis in civil and criminal cases. We maintain active involvement in professional development through our membership with R3 - The Association of Business Recovery Professionals. Our expertise extends to handling complex cases requiring interlocking voluntary arrangements, liquidations, and receiverships. We have developed streamlined processes to accommodate urgent forensic accounting requirements while maintaining strict adherence to CPR compliance standards. Our practice has maintained continuous service provision throughout recent economic challenges, adapting our service delivery to include remote consultations via telephone and video conferencing platforms.
Services
Company Insolvency
Partnership Insolvency
Personal Insolvency
Forensic Accounting
Creditors Voluntary Liquidation
Members Voluntary Liquidation
Company Voluntary Arrangement
Individual Voluntary Arrangement
Bankruptcy Advice
Debt Relief Orders
Highlights and features
- We offer a free one-hour consultation to explore financial options
- Three licensed insolvency practitioners with extensive experience
- Offices in Devon and Cornwall for local accessibility
- Competitive fees matching our established reputation
- Expertise handling both corporate and personal insolvency cases
Associations and certifications
- The Institute of Chartered Accountants in England & Wales
Services
Company Insolvency
Our company insolvency specialists provide comprehensive solutions for businesses facing financial distress. We guide corporate clients through formal procedures including liquidation, administration, and voluntary arrangements while exploring all available restructuring options. With experienced licensed practitioners, we ensure compliance with current insolvency legislation while protecting stakeholder interests. Our team provides clear advice on the most appropriate course of action based on each company's specific circumstances.
Forensic Accounting
Our forensic accounting services deliver expert analysis for legal proceedings and dispute resolution. We produce CPR-compliant reports examining loss of earnings, fraud cases, and professional negligence claims. With practitioners experienced in court testimony, we provide accurate financial assessments for civil and criminal matters. Our team meets tight deadlines while maintaining rigorous analytical standards in all forensic investigations.
Personal Insolvency
We offer expert guidance for individuals facing personal financial difficulties through formal insolvency procedures. Our services cover debt relief orders, individual voluntary arrangements, and bankruptcy options tailored to each client's circumstances. We help clients understand their available options while navigating the complex legal requirements. Our practitioners provide confidential advice to protect personal assets where possible.
Partnership Insolvency
Our specialists handle insolvency matters for both incorporated and unincorporated partnerships. We advise on interlocking individual voluntary arrangements and partnership voluntary arrangements that protect business assets while addressing creditor claims. Our approach considers the unique challenges of multi-partner businesses, particularly those with significant partnership estate assets. We develop tailored solutions that minimize impact on personal estates.
Debt Restructuring
We provide comprehensive debt restructuring solutions for businesses and individuals seeking to avoid formal insolvency. Our services include developing repayment plans, negotiating with creditors, and exploring informal arrangements when appropriate. We assess each case to determine whether formal insolvency procedures are necessary or if alternative solutions could achieve better outcomes for our clients.
People
Sam Bailey
Licensed Insolvency Practitioner
Sam Bailey is a licensed insolvency practitioner with extensive experience in corporate and personal insolvency matters. He provides expert guidance on debt restructuring solutions and formal insolvency procedures across the South West region.
Jonathan Trembath
Licensed Insolvency Practitioner
Jonathan Trembath joined the firm as a partner in 2020, bringing significant expertise in insolvency practices. He specializes in advising businesses and individuals on complex debt solutions and restructuring options.
Questions
What types of insolvency services do you offer?
We provide a full range of insolvency services including company liquidation, administration, voluntary arrangements, bankruptcy advice, debt relief orders, and partnership insolvency solutions tailored to individual circumstances.
Do you offer free initial consultations?
Yes, we offer a free one-hour consultation to discuss your financial situation and explore available options with our licensed insolvency practitioners.
Can you assist with both business and personal debt problems?
Yes, our services cover corporate insolvency, partnership insolvency, and personal insolvency matters. We provide tailored solutions for businesses and individuals facing financial difficulties.
Are your services available throughout the South West?
We have offices in Ivybridge, Truro, and Exeter and serve clients throughout Devon, Cornwall, and surrounding areas with both in-person and remote consultations.
What forensic accounting services do you provide?
Our forensic accountants provide expert reports and court testimony on loss calculations, fraud investigations, and financial disputes. We handle both civil and criminal cases requiring specialized financial analysis.
Can you handle urgent insolvency matters?
Yes, our team is experienced in managing time-sensitive insolvency cases. We prioritize prompt responses to urgent matters and provide immediate guidance through our consultation service.
Reviews (1)
Andrew Johnson
Sep 07, 2020
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We used Richard J Smith & Co to deal with our members voluntary liquidation and we were delighted with the service and the efficiency with which it was dealt with. I wouldn't hesitate to use them again in the future, and I recommend them.
