Insolvency and Business Recovery Services

Business recovery and insolvency expertise

Our team specialises in business recovery, offering tailored strategies to help businesses regain stability and financial health. The team is partner-led by our two insolvency practitioners, Mark Upton and David Scrivener.

With decades of experience, Ensors delivers recovery solutions with understanding and empathy. From large corporates, to family-run businesses and individuals, we can assist in navigating financial complexities of insolvency.

Our business recovery services are designed to help businesses overcome financial challenges and explore practical solutions to trade out of difficulties.

Alternatively, we will advise on the correct formal procedure and assist through every step of the process to ensure that everything is dealt with in a thoroughly professional manner and ensuring that the stress of dealing with your financial difficulties is no longer such a burden.

Get advice and guidance on:

Administrations

With the protection from action by creditors and as licensed insolvency practitioners, our Business Recovery services include managing administrations and taking control of the operation of an insolvent company, with a view to either securing the sale of the business and assets (including the option of a prepack sale where appropriate) to secure better outcomes.

Creditors Voluntary Liquidations

Assisting directors with formally closing an insolvent business that is unable to continue to trade. This will involve realising the assets for maximum value and dealing with its creditors liabilities and dealing with employees in an empathetic manner.

Solvent Liquidations

Winding up the affairs of a business in order to make capital distributions to shareholders and in certain circumstances to effect S110 Reorganisations.

Company Voluntary Arrangements

Agreeing arrangements to pay creditors over a fixed period of time if the Company is unable to meet its existing creditor obligations but has a viable ongoing business.  This may include creditors agreeing to write off some of their debt. These arrangements offer a practical solution for individuals facing business insolvency, allowing them to repay creditors while avoiding bankruptcy.

Individual Voluntary Arrangements

Agreeing arrangements to pay creditors over a fixed period of time normally based on an individual making regular monthly payments out of income in order to avoid bankruptcy. This may include creditors agreeing to write off some of their debt.

Bankruptcy

When business insolvency leads to personal financial distress, bankruptcy may be the best option to resolve debts and start anew. For those with debts they cannot pay and no means to enter into an Individual Voluntary Arrangement or any other arrangement, we will arrange the appointment of a Trustee and the realisation of personal assets, if any, with debts being written off.