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- Licensed Insolvency Practitioners
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Your questions answered
Insolvency throws up a lot of doubts and anxiety. Find answers to many common questions.See all the advice
How do I know if my company is insolvent?
Insolvency means being unable to pay your debts as they become due. This can be either a temporary or permanent situation.
Does placing my company into liquidation mean I can no longer be a director?
Liquidating your company does not prevent you from being a director of a limited company. You are allowed to be a director of as many companies as you like, there is no limit, however there are some exceptions.
How can I pay for insolvency advice when my company is already in financial trouble?
Yes, you can pay for insolvency advice, and services when your company is in trouble.
Insolvency made simple
Parker Andrews is an award-winning specialist firm of licensed insolvency practitioners, business recovery advisers and turnaround experts. We provide proactive solutions to achieve the most favourable outcomes possible, when you need them most.
The process was as painless as possible and we are both thankful for the advice. Will recommend to any of my business contacts in need.— Luke Annison
The service they provided was very professional and I was kept informed right throughout the process. I would definitely recommend and would use again.— Rajesh J Pattni
Lisa Thomas was incredibly generous with her time and knowledge. Her proficiency and expertise were most reassuring. Very happy to have connected with her and her company.— Tim Banks
Have now used them on two separate occasions and would definitely use them again if I need. Very professional service, great communication and easy to contact.— Ankit Patel
Dealt with the liquidation of my company after Covid destroyed my business. The whole team were professional and friendly throughout the process which made things a lot easier. Highly recommended.— David Ball
Lisa Thomas gave my sister clear and very helpful advice. She was extremely supportive and empathetic with her at a very difficult time. I would definitely recommend her. Many thanks Lisa.— Gill Cole
Very professional and proactive team – definitely recommend. Used for MVL— Goldie Rana
The service provided was very professional, easy to follow and responsive to questions posed. All at a reasonable price. Very happy and highly recommended.— John Bainbridge
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