Business Details
Expert Insolvency Solutions in Cheltenham
Durkan Cahill is an independent insolvency practice dedicated to guiding businesses and individuals through financial challenges with professionalism and empathy. Our team, led by Licensed Insolvency Practitioner Michael Durkan, brings decades of combined experience to deliver tailored solutions, including administration, liquidation, and voluntary arrangements. We prioritise transparency, offering free initial consultations to ensure clients understand their options without obligation.Our approach combines technical expertise with a commitment to alleviating stress, ensuring clients feel supported throughout the process. With offices across England and Wales, we serve as a trusted partner for resolving insolvency matters efficiently and impartially.
Services
Administration
Company Voluntary Arrangement
Individual Voluntary Arrangement
Insolvent Liquidation
Solvent Liquidation
Highlights and features
- We offer over 20 years of experience in insolvency and business recovery.
- Our team provides free, obligation-free initial consultations with qualified experts.
- We deliver tailored solutions prioritising client needs and creditor outcomes.
- We operate with transparency, ensuring no hidden fees or surprises.
- Our local expertise spans England and Wales, supported by a skilled team.
Associations and certifications
- Insolvency Practitioners Association
What people say
Practical help and advice
Efficient and wisely managed
Genuine pleasure to deal with
Sympathetic and understanding
Experts in their field
Services
Administration
Administration provides companies with breathing space to restructure debts or liquidate assets under court protection. Our team ensures efficient management of the process, prioritising creditor outcomes while safeguarding the business's interests. We guide clients through pre-pack sales and compliance requirements to maximise value recovery.
Company Voluntary Arrangement
A Company Voluntary Arrangement (CVA) allows businesses to renegotiate debts through court-approved repayment plans. We facilitate creditor negotiations, ensuring fair terms while maintaining operational continuity. Our expertise ensures compliance with legal frameworks to achieve binding agreements that balance stakeholder interests.
Individual Voluntary Arrangement
Individual Voluntary Arrangements (IVAs) offer individuals a structured path to resolve unmanageable debts through negotiated settlements. We assess eligibility, prepare proposals, and manage creditor communications to secure legally binding agreements. Our approach prioritises financial stability while minimising personal stress.
Insolvent Liquidation
Insolvent Liquidation involves winding down a company's affairs to distribute assets to creditors. We handle all procedural aspects, from asset realisation to creditor reporting, ensuring compliance with legal obligations. Our team supports directors in fulfilling statutory duties while mitigating personal liability risks.
Solvent Liquidation
Solvent Liquidation (MVL) facilitates the orderly closure of solvent companies, often for retirement or restructuring. We provide competitive pricing and expedite shareholder distributions within a week of appointment. Our process ensures compliance with statutory requirements while maximising retained value for stakeholders.
People
Michael Durkan
Managing Director
A Licensed Insolvency Practitioner with over 20 years' experience, Michael leads all client assignments personally. He specialises in demystifying insolvency processes and reducing client stress through clear, actionable guidance.
Rebecca Washbrook
Senior Manager
A qualified Insolvency Practitioner with a psychology background, Rebecca combines analytical precision with empathetic client support. She manages complex corporate and personal insolvency cases, focusing on fair creditor settlements.
Mike Noakes
Senior Manager
With prior experience at the Official Receiver's office, Mike specialises in technical compliance and director support during insolvency. He ensures seamless case management and creditor communication to minimise client disruption.
Karolina Koco
Manager
Karolina oversees case administration and cashiering duties, leveraging her insolvency expertise to assist directors and creditors. She focuses on streamlining liquidation processes and supporting employee redundancy claims.
Alice Jones
Manager
Alice manages day-to-day case administration and client liaison, ensuring efficient execution of Members Voluntary Liquidations. Her IT and procedural expertise enhances operational efficiency across client engagements.
Questions
What insolvency options are available for my business?
Options include Administration, Company Voluntary Arrangements, and Liquidation. We'll explain each process's implications during a free consultation to determine the best path forward.
How much does insolvency guidance cost?
Initial consultations are free. Our fees depend on case complexity; we provide transparent cost breakdowns upfront with no hidden charges.
Can I retain control of my company during administration?
Administrators assume management control, but we work collaboratively to preserve business value and explore rescue options where viable.
How long does the liquidation process take?
Simple cases may complete within weeks, while complex matters can take months. We prioritise timely resolution while ensuring compliance with legal requirements.
What support exists for employees during insolvency?
We assist employees in claiming redundancy payments and guide directors on fulfilling statutory obligations to affected staff members.
Reviews (1)
David Cleary
May 31, 2019
Report
Mike and his team are ideally placed to help SME businesses with sound technical ability and real commercial common sense
