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Email David Kirk
01392 474303
0207 1234008
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Email

Plymouth

Email

david@kirks.co.uk

Phone

01752 786800

Address

Buckland House, 12 William Prance Road, Plymouth PL6 5WR

Licensed Insolvency Practitioners in Plymouth, Devon

Is your company struggling to pay its debts? We are Licensed Insolvency Practitioners based in Plymouth at 12 William Prance Road and we can help you.

Plymouth Insolvency Practitioners and liquidators

How can we help?

We offer specialist insolvency advice and services to businesses.

Whether you operate as a sole trader or run a limited company we are here to help. Our team of licensed insolvency practitioners have dealt with businesses and individuals facing every type of financial problem.

Firstly, we will assess your financial position. We will then explain all the available options to you and guide you through the best process of either trying to rescue your business or alternatively just close and liquidate.

No matter your financial situation we can help you understand your financial options. We can discuss your issues on the telephone, by email, Teams or meet in person in Plymouth.

The options

Initially we want to understand what you would like to achieve, asses the financial pressure you are under and work out the total your business owes. 

This helps us to decide which insolvency option is right for you. Dependant on your circumstances, it may be the simplest option is to close and liquidate. In some cases it maybe to try and keep the business going by administration or a Company Voluntary Arrangement.

Here are the most common options:

  1. Liquidate and close. This takes approximately two weeks.
  2. Liquidate and buy back some of the company assets (at market value) to run a new reduced business.
  3. Administration or a pre-pack administration and sale.
  4. A Company Voluntary Arrangement.
  5. Being granted a time to pay arrangement with HMRC and other creditors and keep going.
Other helpful Insolvency advice worth knowing

In some cases, ‘rescue’ of the business may mean closing by liquidation and you buying back the assets and starting again. In these circumstances the assets have to be independently valued and you may need to use a Section 216 Insolvency Act procedure to keep the business name.

It is worth noting that in liquidation this triggers the government backed Redundancy Payments Service (RPS) to pay out the staff the money they are owed. This fund covers redundancy, pay in lieu of notice, unpaid wages and unpaid holiday (subject to some statutory financial limits).

Licensed Insolvency Practitioners in Plymouth, Devon

Is your company struggling to pay its debts? We are Licensed Insolvency Practitioners based in Plymouth at 12 William Prance Road and we can help you.

We are based at Buckland House, 12 William Prance Road, Plymouth PL6 5WR.

We moved there in 2011 from Plymouth city centre. The office previously traded as Neville and Co and the practice in Plymouth was started by Richard Neville, a licensed insolvency practitioner, in 2001. The firm was taken over by David Kirk in 2011 and we changed the name to Kirks in 2024.

David Kirk

David Kirk

Director at Kirks Insolvency​

Tel: 01392 474303

Email: david@kirks.co.uk

Just a quick email to say a heartfelt thank you for your very calm, considered, expert advice regarding my circumstances on Tuesday. Things looked bleak before you explained my options much more clearly, in simple layman’s terms.
Rob Elliott
Kirks and their team recently advised me on the Members Voluntary Liquidation (‘MVL’) process. They made it very simple for me to understand the process, they kept me up to date with progress throughout the liquidation and expertly answered any queries I had. All interactions with Kirks were highly professional and it gave me confidence that my liquidation was safe in their hands. They promised a straightforward process and certainly delivered – I highly recommend the team at Kirks to assist with your MVL.
Daniel
Kirks provided a very efficient and cost effective service. They offered support and advice throughout the process and made prompt payments. It was a very professional and helpful service.
Richard
We have just had the pleasure of working with Kirks, to complete the closure of my company, everything went smoothly and professionally. I would recommend this company and the staff very very helpful and quickly finalised everything. Thank you Kirks.
Carol Hill
I found you very professional in all my dealings with you. You were knowledgeable and dealt with my case expediently. You answered all my queries on the way in full and everything happened as you said it would in he time frames you outlined in the very beginning. I would have no hesitation in commending you and your company to others
Allan M
We appointed Kirks to manage the process of an MVL when we had ceased trading and found their service to be very straightforward and thorough. A fixed fee arrangement provided us with reassurance and David explained the process clearly to us at the outset. A very professional service all round
David MillsDM digital Solutions
Thanks for all your help guys and for being quick in replying to phone calls and emails
Anon
I have found Kirks Insolvency to be very reliable in terms of their dealings with us as their customers. They are clear in terms of the process and what it entails and are very prompt when it comes to communications. I would recommend their services.
Michale P
I was very impressed with the speed and efficiency with which Kirks undertook the MVL and their help and assistance in explaining the process and resolving any queries.
Anon
Before meeting with Kirks, I had already met with a number of other insolvency practitioners none of whom I considered to be as clear cut and up front as David. The liquidation was executed quickly and professionally and I really am happy that I have done it.
Anon
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Just a quick email to say a heartfelt thank you for your very calm, considered, expert advice regarding my circumstances on Tuesday. Things looked bleak before you explained my options much more clearly, in simple layman’s terms.
Rob Elliott

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David Kirk

Licensed Insolvency Practitioner

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