Insolvency Practitioners & Liquidators in Croydon and Surrey – Antony Batty & Company
Our Team of Croydon Based Expert Insolvency Practitioners for Corporate and Personal Advice – FREE initial consultation
Our Croydon office opened in December 2019, where our Insolvency Practitioners (Ips) and insolvency professionals specialise in offering insolvency, recovery and turnaround (including debt-restructuring) advice and services to businesses of all types and individuals in and around Croydon, South London and into Surrey. We are:
- Licensed Insolvency Practitioners regulated by, and full members of, the Institute of Chartered Accountants in England and Wales (ICAEW).
- In conjunction with the 7 other offices in the Antony Batty family, we have over 25 years of experience in dealing effectively and efficiently in a professional and sympathetic way across all areas of insolvency as well as business restructuring and turnaround. Click here to see some of our testimonials from satisfied clients.
- We have detailed experience in several highly specialist sectors: Charities, the Travel Industry, Venture Capital Trusts and AIM listed companies.
- Our insolvency practitioners have been instructed on over 2,000 insolvency related matters.
- Potential new clients are always offered Free advice in an initial consultation before any formal appointment.
When does a business become business insolvent?
Insolvency, when it strikes, is always a stressful time for directors and employees. Perhaps hardest of all is recognising that there is a problem that needs addressing and then deciding to take action. 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) experience financial distress and become insolvent all the time and there are many different reasons why. There are times when insolvency is not the fault of the directors, as in Covid-19 business interruption cases, for example. 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, sometimes due to poor cash flow, and when that happens it is time to take action.
Insolvency Practitioners can help
When first engaged, the first objective of our insolvency practitioners and recovery professionals 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. Insolvency procedures including Company Voluntary Arrangements and Company Administrations are used here to create time for businesses to restructure, implement debt solutions and recover. R3 the professional body of the UK restructuring and insolvency community has done research that shows that in over 40% of cases businesses survive when an insolvency practitioner is appointed.
However, if, after detailed analysis it becomes clear that there is simply no alternative to Liquidation, then a formal insolvency process, usually a Creditors Voluntary Liquidation (CVL) is employed. With this procedure, a firm of Insolvency Practitioners is appointed to be the Liquidator. They are duty bound by law to close the insolvent company down, liquidate its assets and generate the greatest possible value for the insolvent company’s creditors.
If you are concerned that your business is facing insolvency or is already insolvent, please contact our team of insolvency practitioners and managers in Abingdon, Oxfordshire for a FREE initial consultation. We can help.
How we work
The ethos of our Croydon office, as with all of our offices, is to bring a local and personal service to our insolvency and business turnaround clients. We are an experienced and friendly team of insolvency practitioners and managers offering businesses (including company directors) and individuals with financial problems in and around the Croydon area logical, expert insolvency, recovery and turnaround guidance when they need it.
Often clients are referred to us by accountants and solicitors, with businesses and individuals also approaching us direct.
We work with businesses, charities and individuals to help find practical, common sense solutions to financial difficulties. We’re proud of our traditional standards of integrity, professionalism and service, boasting a level of experience and expertise which is rarely seen outside the very largest firms.
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Our Key Team Members
Our Croydon office is headed up by Steve Illes.
Steve is a Licensed Insolvency Practitioner and has worked in Insolvency for over 25 years. He joined Antony Batty & Company in July 2018. In his previous roles he has dealt with a number of high profile bankruptcy cases as well as contentious/investigative insolvency matters.
Steve is responsible for the Pan Asia desk which is a new venture for ABc. This brings together the language skills to discuss insolvency matters in Cantonese, Mandarin and Nepalese.
Lauren joined Antony Batty & Company early in January 2020, and an Insolvency Manager, with particular expertise in CVLs and MVLs. She is currently awaiting her Certificate of Proficiency in Insolvency (CPI) exam result, after which she will start studying for the Joint Insolvency Examination Board (JIEB) qualification.
How we Fit into the Antony Batty & Company Family
ABc was formed in 1997 its headquarters have always been located in Central London. It is a well-established firm of insolvency practitioners offering the full range of restructuring and insolvency services to a nationwide client base.
We have a long and continuing history, as an independent Insolvency practice, of providing impartial and fair advice to our clients.
Our formula of offering “Big Four” service levels at sensible prices, with the personalised approach of a smaller firm to customer care, has proven a significant factor in attracting new business and company growth.
Our other offices are located in London, Brentwood, Salisbury, Bournemouth, South West & Wales, The Cotswolds and Thames Valley.
Our Croydon Office is located at:
33 George Street
T: 0208 088 1899
In Croydon, our experienced team of Insolvency Practitioners and Insolvency Case Officers, lead by Steve Illes, deals in all insolvency matters.
Click here to see our testimonials. If you, or a client, are facing insolvency, are based in and around the Croydon area, and need help and advice quickly, please contact us. The first discussion is FREE of charge.
Need Help with Insolvency, Recovery or Turnaround?
If you or your business is facing insolvency, the sooner you contact us, the more we can help.
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