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Rebuild and recover after covid-19

We have all been living through extraordinary times, as we work to readjust to the new normal we recognise that company directors face new financial business challenges.

insolvency turnaround advice

Worried your company can't repay its Bounce Back Loan or CBILS Loan?

We offer free and confidential advice on how this affects you and the options for business recovery or closure.  

Debt help clinic

If you cannot see, understand, or focus on resolving a debt problem you probably can't see the wood for the trees. Our recovery experts are here to help businesses and individuals talk through any financial stress they may be experiencing, get it touch to schedule a free and confidential telephone call  

Take the Insolvency Test

As a director of a company with cash flow problems you MUST take immediate, knowledgeable and independent advice. A Licensed Insolvency Practitioner, like turpin barker armstrong, will give you independent advice.

insolvency test

Start the re-energisation of your company today!

At turpin barker armstrong we regularly hear from business owners who say they wish they had spoken to us the year before. The sooner the action the more potential remedies we can offer.  

restructuring advice

Providing you with a clearer understanding of your business

We provide easy-to-understand, independent advice to help you clearly identify the issues within your business and as insolvency practitioners we will be able to provide remedies and procedures only available to members of our profession.  

insolvency advice sutton

Let us re-energise your business!

At turpin barker armstrong our talented business recovery specialists work closely with management and other stakeholders to identify issues within struggling businesses in order to find solutions that create a stable foundation for future success  

Expert turnaround insolvency advice

Insolvency Practitioners providing expert turnaround & insolvency advice

                                                       
We are a firm of licensed insolvency practitioners providing clear insolvency advice to both businesses and individuals. We have offices based in both Sutton and West Byfleet but have clients throughout the whole of the UK.

Our bespoke insolvency service along with our insolvency advice, gives our clients solutions to help overcome many financial problems. Not only are we always professional but we understand financial difficulties can be overwhelming therefore all meetings are confidential and handled in a sensitive manner.

As insolvency advisors we always look to the positives, trying to save businesses through turnaround & restructuring, Company Voluntary Arrangements (CVA) and Individual Voluntary Arrangements (IVA). Sometimes a rescue is just not possible therefore we have closing a company down services which include Company Administration, Liquidation and acting as LPA Receivers. 

Perhaps you are an entrepreneur looking to retire? We can assist by way of a Members Voluntary Liquidation (MVL).  This service may also be used when the business has completed its life cycle, or maybe you just need help striking the company off either way we can provide the assistance you need.  

FREE DIRECT ACCESS TO OUR LICENSED INSOLVENCY PRACTITIONERS ON 020 8661 7878 OR CLICK HERE TO REQUEST A FREE CALL AT A TIME CONVENIENT FOR YOU 

A company is considered to be insolvent under UK law if it is unable to pay its debts as they fall due or if liabilities exceed assets. Why not take our business insolvency test to see what options may be available to you, or download our services brochure to see the insolvency services we offer.

                         

Over  35  years  of  experience  
With over 35 years of experience we pride ourselves on providing clear expert debt advice to companies and individuals who struggling financially. Our friendly professional team of insolvency practitioners and qualified accountants have expertise in all areas of business insolvency and personal insolvency, there is rarely a scenario we haven't come across!
Early advice is always best
As insolvency practitioners we always look to the positives and try to save businesses through turnaround and restructuring. To give your business the best chance of survival we strongly recommend seeking insolvency advice as soon as the first signs financial stress arise. Early action could increase the options available to you or your company.

Free Insolvency Advice

Whatever situation you or your company may be in, we are confident that one of our insolvency practitioners would have dealt with it before. Get in touch to discuss how we might be able to help you and see how a difference some insolvency advice could make.

We are happy to answer any questions no matter how small and find that seeking early advice can often be beneficial and result in a turnaround situation.

All our insolvency practitioners are regulated and licensed to provide corporate insolvency and personal insolvency services by the Institute of Chartered Accountants in England and Wales (ICAEW).

Contact us here or call us on 020 8661 7878

For information on our fees, publications, links and downloads click here

FREE MEETING

Let us give you some insolvency advice

We understand having financial stress in your life can be a worrying time, so we offer a free, confidential appointment to discuss your situation putting you back in control of your life.  We can reassure you and guide you along the best path possible as our insolvency practitioners have dealt with every insolvency situation.  

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Monthly UK insolvency statistics – April 2022

Our monthly run down on how many insolvencies took place last month compared to the same time in previous years:
All the data is taken from the monthly stats created by the insolvency service.
Although previously during the pandemic overall numbers of company and individual insolvencies had been lower than in previous years, things are now changing and the number of company insolvencies are significantly higher than pre-pandemic times. These higher figures are mainly driven by Creditors Voluntary Liquidation (CVL) numbers, which are 74% higher than in April 2019. The numbers for other insolvency...
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Newly installed EV charging point

We have recently had an EV charger installed at our Allen House office in Sutton to enable any electric vehicle to be charged onsite. Our senior Partner made the decision to switch to an electric vehicle and therefore having a charging point at the office not only made sense but was in line with our Corporate Social Responsibility.
As a firm we are committed to our responsibility to the local community and the environment we live and work in. We recognise the importance of ensuring we adopt the best environmental practice by reducing our emissions and waste. We carry this out by using the 3R’s...
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Tough times for struggling businesses

The BBC recently reported that there is a huge rise in the number of businesses currently in critical financial distress (read the article here).
The cost of living is going up, Covid loan repayments are now due so it’s no wonder businesses are once again feeling the repercussions of the pandemic. That coupled in with the increase in minimum wage and National Insurance it’s all too much for some and sadly many of these businesses are on the brink of closing.
Each month we report on the government insolvency figures; (see the latest figures here) we have seen a rise in Creditors...
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Monthly UK insolvency statistics – March 2022

We are into a new financial tax year so as usual we bring you the latest insolvency stats
All the data is taken from the monthly stats created by the insolvency service.
We previously reported that during the pandemic overall numbers of company and individual insolvencies were lower than in previous years, however, as things are now back on track the situation has changed and the number of company insolvencies are significantly higher than pre-pandemic times. Within this figure are the Creditors Voluntary Liquidation (CVL) numbers, which have been gradually creeping up since the end of 2021...
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