How do I find a licensed insolvency practitioner?

Affected by Covid-19? Immediate Rescue Or Closure Options Available

FAST Free Director Advice & Support, With 100+ offices Nationwide our Licensed Insolvency Practitioners can Help Today.

Updated: 12th August 2021

Find an insolvency practitioner near me

If your business is in financial distress, you may turn to a licensed insolvency practitioner to seek professional guidance. An insolvency practitioner can advise you on company restructuring, rescue and liquidation options to help tackle cash flow problems, creditor pressure and company debts.

Most reputable insolvency practitioners will offer a free consultation to company directors, during which they will assess the financial health of your business and recommend a suitable route. It is crucial to seek early advice from a licensed insolvency practitioner to maximise the options available.

If you wish to pursue the company closure or liquidation route, such as a Creditors’ Voluntary Liquidation (CVL) or Members’ Voluntary Liquidation (MVL), you will need to appoint a licensed insolvency practitioner to act as liquidator. If the company rescue and restructuring route is better suited, such as a Company Voluntary Arrangement (CVA) or Company Administration, you will need to seek advice from a licensed insolvency practitioner.

If you are looking for a local insolvency practitioner near you, we have over 100 offices across the country and we can offer a free and confidential consultation over the phone, online, or at an office near you.

How can I find a licensed insolvency practitioner?

To find a licensed insolvency practitioner in the UK, there are two main insolvency practitioner directories that include:

  • The Insolvency Service – Insolvency Practitioner Directory
  • Insolvency Practitioners Association (IPA) – IPA Member Search

Finding a licensed insolvency practitioner near you can also be carried out through a simple Google search, filtered by your location. For example, ‘find an insolvency practitioner in Manchester’, or ‘insolvency practitioners in London’, can generate a variety of results, in addition to contact details and opening times.

When searching for an insolvency practitioner, check that they are licensed, experienced, and part of a reputable firm. Licensed Insolvency Practitioners are authorised by professional bodies, such as the Insolvency Practitioners Association (IPA) who provide a member list of licensed insolvency practitioners and firms. A full list of regulatory bodies for insolvency practitioners can be found on the Insolvency Service website.

The Insolvency Service

The Insolvency Service is a government organisation that is responsible for overseeing the insolvency sector and they also provide an insolvency practitioner directory.

The directory can help you find an insolvency practitioner in your area, along with their contact details, company details, IP number and authorising body.  You can search for a licensed insolvency practitioner near you based on name, location, and authorisation number. The Insolvency Service directory does not provide an exhaustive list of insolvency practitioners in the UK, only those who have agreed to include their details.

Insolvency Practitioners Association (IPA)

The Insolvency Practitioners Association is a professional body that regulates and licenses insolvency practitioners. All insolvency practitioners regulated by the IPA can be found on their online directory, filtered by name, firm, town/city, or postcode.

This search facility can help find a licensed insolvency practitioner near you, including details of their membership category. This can range from Ordinary, Affiliate, Student, Fellow and Registered Property Receiver. You will also be able to view if the insolvency practitioner is part of an IPA member firm or affiliate firm.

How to choose a licensed insolvency practitioner?

When choosing an insolvency practitioner, you will need to take into consideration their qualifications and reputation. Look for an insolvency practitioner that is licensed as this provides seal of approval from a professional body that the insolvency practitioner is competent, professionally educated and experienced in the industry. Take note of unqualified advice from insolvency experts, advisers, and unlicensed insolvency practitioners.

Finding an insolvency practitioner that is licensed can provide peace of mind and maximise rescue efforts for your business due to field experience and technical knowledge. If your business is experiencing financial problems, threats of legal action from creditors or you are unsure if your business insolvent, guidance from a reliable and licensed insolvency practitioner near you can prove invaluable.

How can Real Business Rescue help?

Failure to seek advice at the first signs of insolvency could put you at risk of being held personally liable for business debts, or even director disqualification if you continue trading. At Real Business Rescue, we are a firm of licensed insolvency practitioners with 30 years’ experience in supporting company directors in financial distress.

We have over 100 offices across the county, so if you are searching for an insolvency practitioner near you, contact a member of the Real Business Rescue team to speak with a local insolvency practitioner for free, confidential and trusted advice.

Keith Tully

Partner

0800 644 6080
Director Support - Business suffering from Cash-Flow Problems?
If your company is financially distressed, we also offer the below services:
Business debt recovery

  • Recover Unpaid Invoices of £5k+
  • Expert Credit Control Services
  • Stop Late Payers & Bad Debts
Visit Site
Time to pay experts

  • Get Breathing Space with HMRC
  • Support with Business Tax Arrears
  • 35 Years HMRC Negotiation
Visit Site
UK Business Finance

  • Rejected for a CBILS Loan?
  • Get Emergency Business Funding
  • Supporting 1000+ UK Companies
Visit Site
Who we help
  • Company Directors
  • Finance Directors
  • Sole Traders
  • Accountants
  • Small Businesses
  • Large Businesses
  • Partnerships
Contact our team
Jonathan Munnery
Gillian Sayburn
Julie Palmer
Processing...
Loader
or Find your Nearest Office

Here at Real Business Rescue we take your privacy seriously and will only use your personal information to contact you with regards to your enquiry. We will not use your information for marketing purposes. See PRIVACY POLICY

Business Rescue Advice for Directors
Free Guide for Limited Company Directors
Business Rescue Advice for Directors
  • How to manage company cash flow problems
  • Advice on dealing with HMRC
  • Understanding rescue and closure options
  • And much more...
Free Guide Download
Dealing with your Insolvent Clients
Business Rescue Guide for Accountants
Dealing with your Insolvent Clients
  • Helping you advise insolvent clients
  • Spotting signs of client distress
  • Exploring business rescue options
  • And much more...
Free Guide Download
Our numbers speak for themselves
100
Number of UK Offices
30000
Directors Helped
70+
Licensed Insolvency Practitioners