The Richmond Partnership

Insolvency Practitioners

Free Initial Consultation

Assignments Undertaken

• IVA's
• Liquidations
• Administrations & Bankruptcies
• Corporate restructure
• Investigative work

Insolvency Practitioners

Established in 1992, the firm specialises in insolvency and insolvency related matters. We pride ourselves on a sympathetic approach to what is always an emotional and highly personal matter. Therefore all clients are dealt with by specialists who are experienced insolvency practitioners.

Our Approach

The Richmond Partnership's aim is to provide an expert-lead value for money service designed to help businesses and their advisors achieve the most positive outcome possible from the crisis.

We believe that people matter & our reputation is built on the principle of understanding, combined with an often innovative solution using the protection offered by the insolvency act of 1986.


Creditors Voluntary Liquidations

The creditors voluntary liquidation is generally commenced by the Directors of the Company and they will instruct a Licensed Insolvency Practitioner to assist in calling the meetings of the shareholders and the creditors and prepare the statement of affairs for presentation at the creditors meeting. The creditors meeting is generally called by giving 14 days notice to the creditors. 

One of the Director of the Company will chair the meeting for statutory purposes but in reality it is the Insolvency Practitioner who will run the meeting. The creditors have the right to raise questions with the Director in relation to the affairs of his company. At the formal part of the meeting the vote is taken on the appointment of the Liquidator.

Members Voluntary Liquidations

The members’ voluntary liquidations are generally controlled by the shareholders of the company. The shareholders of the company may have come to the conclusions that they no longer wish to continue trading but are in a position to pay all their creditors in full within 12 months of the date of passing the resolution to wind up the company.

In this process there will be no meeting of the creditors but simply a resolution of the shareholders to place the company into liquidation and appoint the Liquidator of their choice and the Declaration of solvency is sworn by the Director of the Company.

 If the creditors are not paid in full within 12 months of the date of the Liquidation, the Liquidator will be under obligation to convene the meeting creditors and convert the liquidation into creditors voluntary liquidation.

Insolvency Practitioners Association Complaints Gateway

London, Westminster, Mayfair, Chelsea, Docklands, Canary Wharf, Knightsbridge, Hampstead, Fulham, Golders Green, Wood Green, Wembley
Hammersmith, Battersea, Chiswick, Richmond, Putney, Surbiton, Hendon, Twickenham, Marylebone, Harrow, Teddington, Poplar, Croydon
Egham, Wentworth, Sunningdale, Virginia Water, East Grinstead, Royal Leamington Spa,
Berkshire - Reading, Bracknell, Maidenhead, Newbury, Windsor, Wokingham, Abingdon. Henley on Thames, Harpenden, harlow,
Buckinghamshire - Aylesbury, Slough, Buckingham, High Wycombe. Beaconsfield,
Hampshire - Winchester, Southampton, Portsmouth, Bournemouth, Basingstoke. Farnham, Farnborough,
Middlesex - City of London, Harrow, Enfield, Staines, Potters Bar,
Surrey - Guildford, Croydon, Woking, Sutton, Kingston-on-Thames, Wimbledon. Epsom, Leatherhead, Reigate, Tunbridge Wells, Redhill

The Richmond Partnership, 82-86, Sheen Rd, Richmond, Surrey, TW9 1UF Tel: 020 8332 6839