Latest posts
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Personal insolvency
There are several procedures which deal with personal insolvency. Bankruptcy, traditionally the most common procedure, is a result of a court-based enforcement usually by a creditor and will result in the appointment of a Trustee overall an individual’s assets. It is usually an option of last resort for both creditor and debtor. Individual Voluntary Arrangements
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Tax investigations and enquiries
We understand that tax enquiries and investigations can be time consuming and stressful, whatever the level of complexity involved.
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Insolvent Estate
Specialist help with insolvent estates – protecting the Personal Representative during the Deceased Insolvent Estate process. What is a Insolvent Estate? When somebody dies, a family member usually becomes a Personal Representative (PR) and will instruct a solicitor to deal with probate issues and the administration of the estate. Many estates are simple to administer
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Financial Services Professionals
Who we can help We offer expertise to support financial services professionals including bankers, hedge fund and asset managers, private equity and venture capital, and investment funds. Our specialist Financial Services tax team work with individuals across the financial services sector to ensure that their tax returns and compliance are handled in a timely and
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Private Equity
We offer a wide range of Private Equity services to funds and portfolio companies, supporting our clients through every stage of the PE lifecycle. Our PKF team of experts has built a strong reputation in the industry, specialising in the mid-market. Our services Services for Private Equity PKF experts can provide a broad range of
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Group and statutory financial reporting
For many companies, the responsibility of complying with financial reporting is becoming increasingly complex. Our dedicated financial reporting specialists have the knowledge and experience to support your needs.
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Creditors Voluntary Liquidation (CVL)
What is a Creditors Voluntary Liquidation? A CVL is a legal procedure for closing an insolvent company where there is no prospect of preserving all or part of the business. A Licensed Insolvency Practitioner (IP) is appointed as liquidator and is responsible for closing the company, realising its assets (typically selling vehicles, stock and equipment
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Restructuring Plan (RP)
A Restructuring Plan is a formal mechanism to enable a distressed company to achieve a compromise with creditors. It is useful where there is a need to treat classes of creditors differently or compromise the claims of secured creditors or members. The Corporate Insolvency and Governance Act 2020 introduced a new restructuring procedure, based on
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Compulsory liquidation
Compulsory liquidation is a legal procedure which forces a company to be closed and its assets distributed. It occurs when a creditor has been unable to obtain payment and applies to court for the company to be liquidated. What is compulsory liquidation? When a creditor can prove to a court that it has a valid
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Entrepreneurs Hub
Throughout the entirety of a business lifecycle, business owners encounter a series of pressures, driving important decisions that carry tax consequences. We have identified the key stages of your business lifecycle: Create, Grow and Exit. Below you will find a variety of useful resources to help guide you through each stage. Our team are here
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Services to lenders and investors
We provide fast, pragmatic advice to debt and equity providers in distressed scenarios.
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Administration
Administration is a court based procedure which prevents creditors from taking enforcement action (such as a winding up petition) against a company. Administration is usually used where there is a prospect of rescuing all or part of a business. It is used to protect a business whilst it is restructured (for example reducing costs or
