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The team you need

The team you need

You will need a licensed insolvency practitioner, agent and a specialist insolvency solicitor.

Only a licensed insolvency practitioner can be appointed as an administrator over a company.

The directors will either get to pick an IP of their choosing, or one will be chosen for them by the debenture holder (bank).

Usually the directors' chosen IP will be able to recommend a professional agent with the experience, qualifications and skills necessary to assist with dealing with the company’s assets. 

A specialist insolvency solicitor will also be recommended by the IP to help with the administration application and the same solicitor is also usually used subsequently instructed and used by the IP for any post-administration legal work, such as the sale of the business contract.

David Kirk ACA FABRP

David Kirk

David Kirk is a Chartered Accountant and Licensed Insolvency Practitioner.
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Business Rescue
"David Kirk helped us with an Administration to rescue the business. He did exactly what he said he would do. It has worked out very well."
Chris Pratt of Elecsis Ltd
Business Renewal
“You made a very difficult time much easier for us.”
R Johns
Business Recovery
"We were cornered and thought it was the end of the business after 20 years but he got us out of it."
Lynne Firman of Just Beds Ltd
Business Rescue
“At the initial meeting you told us the good and bad things that can happen and were honest and told us to watch out for. No one else had done that.”
J White
Business Renewal
"It was a very difficult decision to make to go into Administration but now I am so glad we did it. David and his team were great thank you."
Jacci Dellaway of Baylift Services Ltd