We are a team of expert Licensed Insolvency Practitioners and Liquidators for corporate and personal advice in the Thames Valley
Our Thames Valley office, located in Little Baldon, near Oxford, opened its doors on June 1st 2021. Our Licensed Insolvency Practitioners (IPs) and insolvency professionals offer the following services to businesses of all types and individuals in the Thames Valley and beyond.
We also have in-depth experience in several highly specialist niche sectors:
(Take a look at our Fee Guidance Notes, Provision of Services details and Privacy Policy.)
Why choose us?
- We are Licensed Insolvency Practitioners – full members of, and regulated by, the Institute of Chartered Accountants in England and Wales (ICAEW).
- In conjunction with the other offices in the Antony Batty family, we have over 25 years of experience in dealing effectively and efficiently in a collaborative and empathetic way across all areas of insolvency, as well as business restructuring and turnaround. Take a look some of our testimonials from satisfied clients.
- Our various teams of insolvency specialists have been instructed on over 3,000 insolvency related matters.
- Potential new clients are always offered a Free initial consultation.
When is a business insolvent?
Financial distress and insolvency are always a stressful time for the directors (and employees) involved, especially when it comes to recognising that there are financial problems that need addressing. Businesses become insolvent for many reasons, but our experience is that the sooner insolvency practitioners are contacted and instructed the better the outcome is likely to be. This is because there are usually more options available if advice is sought at an early stage.
Businesses (and individuals) fall into insolvency all the time, sometimes through no fault of the directors, when interest rates and inflation, are high, for example, or due to the after effects of the Covid-19 Pandemic. At its simplest, insolvency means that a business (or individual) does not have sufficient assets to cover its debts and cannot pay its debts when they become due, and when that happens it is time to take action.
What do insolvency practitioners do?
Liquidation is the most frequently used formal insolvency procedure when there is simply no alternative, and usually a Creditors Voluntary Liquidation (CVL) is employed. With this procedure, a Licensed Insolvency Practitioner is appointed to be the Liquidator. They are mandated by law to liquidate and close the insolvent company down and generate the greatest possible value for the insolvent company’s creditors before winding up the company.
If at all possible, however, our first objective is to thoroughly examine the possibility of rescuing and preserving a company in some shape or form so that it can continue to trade, saving some jobs in the process. Debt-restructuring is often the first consideration. If greater intervention is needed, insolvency procedures including Company Voluntary Arrangements and Company Administrations are used to create time for businesses to restructure and recover and avoid being liquidated. Research by R3 the professional body of the UK restructuring and insolvency community has shown that in over 40% of cases businesses survive when an insolvency practitioner is appointed.
We are often referred work by accountants or solicitors, and also direct by directors. but if you are concerned that your business, or that of a client, is facing insolvency or is already insolvent, please contact our team of insolvency practitioners and managers in the Thames Valley to find out more and for free advice from an initial consultation, prior to a formal appointment.
As with all of the offices within the Antony Batty and Company family, we are a growing boutique insolvency and business turnaround practice offering the same level of service which clients would expect from a larger competitor. Our emphasis is on putting both client service and staff first, creating an atmosphere of collaboration.
Antony Batty & Co Thames Valley is the trading name of K & W Recovery Limited a limited liability company incorporated in England & Wales under number 13252928. It is a separate entity to the rest of the Antony Batty & Company family, with whom we work closely.
