Personalised insolvency services designed to suit your needs
RPG Insolvency’s practitioners are amongst the most experienced in the business, our insolvency services ensure you benefit from all this experience to achieve the best-possible result.
RPG has a long history providing insolvency services and in April 2021 the specialist insolvency team from Crawfords Accountants joined the RPG team.
Our long standing experience means that we have seen every possible scenario and know exactly what’s required to achieve the best outcome, no matter your needs.
We fully understand that this is one of the most difficult times of your life and we will do our utmost to help you through this. We strongly recommend that you take advice as soon as you suspect a problem as this may provide us with more options to consider.
Please click on one on boxes below for further information about how RPG’s Business Recovery team can help you. We would be happy to have a discussion with you today. Please call 0161 608 0000 or click here to send us an email.
You can meet members of the team here.
The RPG insolvency team is here to provide all the support you require during what may be one of the most difficult times in your life. Our insolvency practitioners have worked with businesses and individuals through the insolvency process for decades, and know exactly what to do to make it as simple as possible for you.
Our team will:
- Perform a thorough review of your financial situation, ensuring we have all the knowledge required to proceed
- Work side-by-side with you throughout the process, giving you all the information you need
- Do everything possible to remove stress from you and provide advice for working through every eventuality.
In many cases, a review of your situation may reveal recovery being an option for your business. If this is the case, you can rest assured that we’ll do everything in our power to find the best debt solutions for your circumstances and help you restructure your business to return it to profitability.
If your business is faced with debts which seem unmanageable, our insolvency specialists are able to ease the burden with a range of corporate debt solutions. These include:
Creditors Voluntary Liquidation (CVL)
This is a process in which Directors make the decision to voluntarily wind up the company. This process allows Directors to nominate their own Liquidator, who will be responsible for realising any assets of the company and making distributions to creditors.
We will advise on if this is the right solution for your business, ensuring you understand all your responsibilities and your future liabilities are minimised. This process will enable you to proceed without requiring lengthy court proceedings and adding additional stress.
Company Voluntary Arrangements (CVA)
If your business is currently insolvent but simply requires some payment relief to get back to profitability, a CVA may be the ideal solution.
A CVA is an agreement with your creditors to pay them over a fixed period. Although this requires agreement from your creditors, it allows you to keep your business running during a difficult time and come through the other side successfully.
Our team will work with your creditors to secure agreements all parties are happy with and advise you on the best way to move forward with your business.
An administration order is a solution designed to give a company suffering financial difficulties the opportunity to come to an agreement with creditors before continuing to trade.
The administration order is a court order with protects the company from further financial action for a set period of time and is designed to help businesses successfully weather the financial storm.
Our team has vast experience in these time-pressured scenarios and will negotiate hard with your creditors to achieve a result which allows your business to continue trading.
Receivership will usually result in the company entering liquidation at the same time, and focuses on winding the company up in such a way that benefit to secured creditors is maximised.
Directors cannot place their own company into receivership. Instead, it is something initiated by creditors who believe they will receive the best-possible return on monies owed.
Members Voluntary Liquidation
This process is used when a fully solvent company is being wound up because it is no longer required. Should you choose to undergo this, we will ensure all procedures are followed and the winding-up process goes smoothly.
We have worked with individuals to ease their worries regarding personal debt for many years, and can help you find solutions in all key areas:
Individual Voluntary Arrangements (IVA)
An IVA is a legally-binding agreement with your creditors to pay them over a fixed period.
If your debts would be manageable over a longer time period than you are currently expected to pay them, we will demonstrate this and arrange an IVA which makes your payments manageable.
Informal Voluntary Arrangements
Similar to Individual Voluntary Arrangements, an Informal Voluntary Arrangement is an agreement with your creditor to pay them over a longer time period.
Informal Agreements, however, are come to by mutual agreement with creditors without the involvement of courts, saving you the added stress of a court case. If this is right for you, we’ll arrange it with your creditors, allowing you to focus on making payments, rather than worrying about getting into more debt.
If all alternative options have been exhausted and you’re still unable to pay your debts, we will help arrange a bankruptcy order and provide advice on moving forward from this measure.
We have received an excellent service from the team at RPG for well over 20 years. We particularly appreciate RPG's real interest in our company and suggestions for improvements. The service RPG provides goes well beyond what we could expect. The attention to detail and the prompt, professional service the team provides means that we are reassured that should we require urgent or unusual advice, the team will provide it. We would have no hesitation in recommending RPG.
Executive Chairman - SheffProp
I would like to thank RPG for your unbelievable help, assistance and friendship for over 40 years. Nothing has ever been too much trouble. Words alone are insufficient, and I think that the same would apply to my former colleagues and my family who have also come to rely on your advice and guidance.
Founder - Neville Johnson Offices
We have worked with RPG for many years, for good reason. They are not only extremely knowledge but they really take the time to get to know you as customers and also as people. This really makes a difference, as whilst it is of course important that you receive great service, which we do, it’s also essential to work with professionals who you can really trust and who go out of their way to know your business as well as you do, giving ultimate comfort that you are all striving towards the same goals. I cannot recommend them highly enough.
“RPG have always been our first point of call for advice on accounting, tax and financial regulatory matters and indeed have become an additional sounding board for both myself and my colleagues on strategic matters. The consistently high quality and timely advice they provide is very important to us.”
Chief Financial Officer - ProofID
“As a family business we have been using Royce Peeling Green as our accountants for over 25 years. We have always been impressed with their expertise and depth of knowledge in all financial areas required to help run our business. There is an obvious understanding and trust between the two companies which leads to proactive approach to guide us with short and long-term financial planning. We have found everyone at Royce Peeling Green to be very approachable providing us with the reassurance that they will always provide a professional response in a timely manner.”
Managing Director - Manchester Slate Ltd
RPG have now acted for our various companies for over 15 years. Their advice and commercial attitude in dealing with Tax, Audit and general businesses matters has always been of high quality and queries dealt with promptly. The team at RPG are experts in their field, they understand the SME market place well. They have been involved in all our corporate transactions, from setting up of businesses, ongoing support of our management teams through to being part of the team that negotiated the successful sale of a group company.
Genesis Group International
We have received a first rate service from RPG over many years. We appreciate their attention to detail and the timely, professional and pro-active advice they provide. We would have no hesitation in recommending the team at RPG.
Managing Director – Ribble Packaging Limited