Supporting London businesses through financial crisis

If your business is struggling with cash flow, creditor pressure, or mounting debt, it’s important to act early. Our licensed insolvency practitioners are here to offer clear, confidential advice tailored to your unique situation. Whether you’re exploring restructuring options or facing formal insolvency, we guide you every step of the way. We work with:

• Directors of financially distressed businesses.
• SMEs, partnerships, and sole traders in London.
• Individuals dealing with personal debt or bankruptcy.
• Accountants, solicitors and professionals seeking specialist advice for clients.

Why choose Bennett Verby?

We believe that honest, informed advice can often open doors to recovery, or at least offer clarity in difficult times. Our mission is to give you the tools and insight to take control of your financial future. So, why choose Bennett Verby?:

1. We are licensed, experienced practitioners.
2. We are Manchester-based with national coverage.
3. We are empathetic and offer practical advice, without judgment.
4. We offer the full spectrum of Insolvency solutions.

Our Corporate Recovery & Insolvency services in London

Our comprehensive range of services supports both companies and individuals across every stage of the insolvency process:

Administration

Administration is a formal insolvency procedure that can protect a business from creditor action while restructuring or selling the company as a going concern. Ideal for businesses with potential for survival.

Creditors’ Voluntary Liquidation (CVL)

When a company can’t pay its debts, a CVL allows directors to voluntarily close the business in an orderly, legally compliant manner, often protecting directors from future claims.

Members’ Voluntary Liquidation (MVL)

An MVL is a tax-efficient way to close a solvent company and distribute remaining assets to shareholders. Often used during retirement or business restructuring.

Company Voluntary Arrangements (CVA)

A CVA is a flexible option allowing viable companies to repay a portion of debts over time while continuing to trade. We help negotiate fair terms with creditors.

Individual Voluntary Arrangements (IVA)

An IVA allows individuals to avoid bankruptcy by agreeing to a structured repayment plan. We assess your eligibility and help set realistic terms.

What to expect when you contact us

We understand that making the first call is often the hardest part. When you contact Bennett Verby Corporate Recovery:

• We listen — You explain your current situation and concerns.
• We assess — We’ll evaluate your financial position, assets, and obligations.
• We advise — You’ll receive tailored options, explained in plain English.
• We act — If needed, we implement the most appropriate insolvency solution.

You remain in control of your decisions every step of the way.

Frequently asked questions

Is insolvency the same as bankruptcy?

Insolvency is a broader term for financial distress, for companies or individuals, while bankruptcy is a formal legal process for individuals only.

Can I trade while insolvent?

If your company is insolvent, you must seek immediate advice. Continuing to trade could lead to personal liability. We’ll advise on the safest and most appropriate actions.

How quickly can I get help?

We offer same-day consultations and fast, practical advice for urgent situations. The sooner you act, the more options you’ll have.

Find an Insolvency Practitioner in London

Don’t let financial pressure escalate. Whether you’re a business owner, director, or individual facing insolvency, we’re here to help.

Get in touch or call us on 0161 476 9000 today.