Insolvency Practitioner Services in UK

Financial difficulties are a reality for many UK businesses, but insolvency does not always mean the end. RTI offers expert insolvency services across the UK, providing businesses with tailored support to overcome financial distress. Our licensed insolvency practitioners specialize in debt advice and corporate recovery, helping you determine the best course of action to protect your future.

Insolvency occurs when a business cannot meet its financial obligations, such as paying creditors, staff, or tax bills. While insolvency can seem overwhelming, our practitioners work to evaluate your financial situation and find solutions that minimize losses and offer a potential pathway to recovery. Whether the issue is poor cash flow, operational inefficiencies, or external pressures like market changes, we’ll help identify the underlying causes and provide expert guidance.

At RTI, we offer several insolvency and business recovery options, tailored to the company’s specific circumstances. These include:

Administration: A process that places your company under the control of a licensed insolvency practitioner to protect it from creditors while a recovery or restructuring plan is put in place. This gives time for the business to stabilize and explore its options. This is most suitable for larger companies with complex structures and operations.

Creditors Voluntary Liquidation (CVL): A voluntary liquidation process initiated by the directors of an insolvent company. It allows for the orderly legal winding up (close down) of the business, selling off assets to repay creditors.

Members Voluntary Liquidation (MVL): This is used for solvent companies where the directors decide to close the business. It involves liquidating assets, paying off liabilities, and distributing the remaining funds to shareholders. All debts must be paid in full, and within 12 months of formally starting the process.

Windup by Court: This is an involuntary liquidation process typically initiated by creditors through a court order, often used when the company cannot pay its debts.

Company Voluntary Arrangement (CVA): A formal agreement with creditors that allows the business to pay off its debts over set time period (typically 5 years) while continuing to operate. A CVA can provide a lifeline for companies that are viable but struggling with short-term financial challenges.

Dissolution: A straightforward way of closing down a company that has no debts or liabilities, allowing it to be removed from the Companies House register.

At RTI, we approach each case with care and expertise, ensuring that businesses receive practical, actionable advice. Our goal is to provide financial clarity and guide you toward the best possible solution for your business, whether that means restructuring, rescue, or an orderly exit.
For insolvency services in the UK, trust RTI to support you through every step. Contact us today for professional guidance from experienced insolvency practitioners.