An insolvency practitioner is a person who is licensed and has the authority to act with regard to an insolvent person or company. Since the outbreak of the Covid 19 virus more people and companies need an IP’s help as businesses get into financial difficulty due to lockdown regulations meaning their businesses have not been able to function. Getting the right advice is crucial, while a qualified IP will endeavour to assist in any way they can to help save a business. They can help a company to restructure or show the best way to go forward if this is not possible. There are a number of insolvency practitioners in the Norfolk area for companies to consider.

RCM Advisory

RCM Advisory was awarded the number 1 Insolvency Practitioner in Norfolk 2018 and offers a five-step plan in order to get your company finances in order. These are, get in touch, have an initial consultation, understand your options, decide on a plan of action and implement solutions. With over 30 years’ experience RCM will help companies navigate their way through the minefield of possible insolvency with all its financial hurdles. They cover liquidation, personal insolvency, business rescue and corporate restructuring, while advice regarding Covid 19 financial help can be accessed via telephone on 0800 288 4088. Contact details are as follows

  • RCM Advisory
  • 64-66 Westwick Street
  • Norwich
  • Norfolk,
  • NR2 4SZ.
  • Tele 01603 883 443

Click here –https://www.rcmadvisory.co.uk/ to visit their website to find out more

Begbies Traynor

Begbies Traynor are one of the countries leading insolvency practitioners and have 70 branches located around the UK including in the Norfolk area. Begbies Traynor is committed to providing a prompt and responsive service to its clients who may be facing financial challenges with the aim of bringing the best financial outcome for all concerned. The company offers restructuring options advice along with closure options and can deal with any number of scenarios in between.

Begbies Traynor can also help businesses understand their options when it comes to the Covid crisis in terms of government help such as the job retention scheme, loan schemes, grants help for the self-employed and business interruption loan schemes. The company hosts a confidential advice line with telephone numbers listed on their website. Contact details are as follows

  • Begbies Traynor
  • Cavell House
  • Stannard Place
  • Norwich
  • NR3 1YE
  • Tele 01603 604 098

Click here – https://www.begbies-traynorgroup.com/ to visit their website to find out more.

Leading

Leading are licensed insolvency practitioners and specialise in helping companies get through financial difficulties. Located in Norwich they have a non-judgemental approach to proceedings ensuring clients understand all their options while also offering a transparent fee structure. The company are authorised and regulated by the two main industry bodies, the ICAEW and the IPA. They are also members of R3, the insolvency trade body.

With over ten years’ experience they offer advice on saving your business, on company closures while also dealing with personal insolvency issues. It is not just businesses that require advice on these matters individuals also can find themselves in gross debt that is unmanageable. Leading can help with deferring and writing off debt with advice on how best to protect an individual’s assets. Contact details are as follows

  • Leading
  • Lawrence House
  • 5 St Andrews Hill
  • Norwich
  • NR2 1AD
  • Tele 01603 552028

Click here – https://www.leading.uk.com/ to visit their website to find out more

McTear Williams Woods

McTear Williams Woods are leading UK business rescue and insolvency experts. Located in both Ipswich and Norwich this company states that it can save clients up to 50% in charges compared to large national insolvency companies. As one of the largest regional companies offering these services they offer a free first consultation with a senior team member in order to ascertain the options available. Services are offered to directors, businesses, lenders, advisors and accountants. All charges can be downloaded at the website, while a business health check section is also available so prospective clients can assess if they actually require help. Contact details are as follows

  • McTear Williams Woods
  • Townshend House
  • Crown Road
  • Norwich
  • NR1 3DT
  • Tele 01603 877540

Click here – https://www.mw-w.com/ to visit their website to find out more

Parker Andrews

Parker Andrews offer expert and confidential advice regarding insolvency and liquidation matters. This company offers a range of empathetic forward-thinking solutions to those trying to navigate the maze of jargon at a stressful time for businesses and individuals. The company is up front about their fees and offers a fast track service for those who require urgent action. There is a free company health check available online and can assist businesses and individuals alike. Located in Norwich clients may also book appointments for a home visit or a place where they feel comfortable. All details are available at the website. Contact details are as follows

  • Parker Andrews
  • 5th Floor
  • The Union Building
  • 51-59 Rose Lane
  • Norwich
  • Norfolk
  • NR1 1BY
  • Tele 01603 284 284

Click here – https://www.parkerandrews.co.uk/ to visit their website to find out more

Leathes Prior Solicitors

Leathes Prior Solicitors is located in Norwich (4 offices) and is a law firm that deals with insolvency law and practice offering specialist advice to companies and individuals. Their expertise typically covers company and partnership voluntary arrangements plus voluntary compulsory liquidations and administrations, director’s disqualification proceedings and defended misfeasance and wrongful trading actions against directors. Personal insolvency is also covered by this firm including bankruptcy, offering advice to debtors and trustees, advice to bankrupts, debt relief orders and much more. Leathes is still working and offering advice through the Covid 19 crisis with information regarding the same on their website. Contact details are as follows

  • Leaths Prior Solicitors
  • 74 The Close
  • Norwich
  • Norfolk
  • NR1 4DR
  • Tele 01603 610911

Click here – https://www.leathesprior.co.uk/ to visit their website to find out more