Leonard Curtis Recovery

What Leonard Curtis Recovery does

Leonard Curtis Recovery is a UK-headquartered multi-disciplinary professional services firm specializing in corporate restructuring, insolvency, and recovery, with complementary capabilities in funding and commercial finance brokerage, legal services, M&A advisory, and broader business services. The firm traces its heritage to 1949 and operates from more than 30 offices across the UK and select offshore locations, employing 300+ financial, legal, and advisory professionals. Its core customer base is UK small and medium-sized enterprises (SMEs) and mid-market companies facing financial distress, transition events, funding gaps, or transactional needs.\n\nThe service portfolio is delivered across five integrated pillars: restructuring and insolvency (including the proprietary My-MVL digital product for Members' Voluntary Liquidations and the RADAR property and asset referral network), funding and commercial finance brokerage (operated under FCA credit broker authorization), legal services (delivered through an SRA-authorized Alternative Business Structure), M&A advisory, and ancillary business services. Revenue is generated through case-by-case professional fees, advisory mandates, broker commissions on funded transactions, and structured engagements, with pricing bespoke to each mandate. Distribution is supported by a hub-and-spoke office network, the RADAR referral ecosystem, and the Business of Sport content platform targeting the sports sector as a distinct vertical.\n\nSince 2023 the firm has scaled through a combination of acquisitions (Graywoods in March 2023; Newsource Commercial Finance in October 2024; Global Talent Network in 2024) and a majority investment by Pollen Street Capital in August 2025. Recent strategic moves include a Thames Valley office opening (November 2025), the launch of M&A Advisory anchored by a senior Teneo hire, and the deployment of an AI-powered AML and client onboarding system (June 2026), positioning the firm as a one-stop-shop platform for distressed, transitioning, and growth-stage UK SMEs.

Name

Leonard Curtis Recovery

Legal name

Reach Commercial Finance Limited

Website

https://leonardcurtis.co.uk

Company type

Private

Founded year

1949

Operating status

Operating

Headcount range

101–250 employees

Short description

Leonard Curtis Recovery is a UK multi-disciplinary professional services firm providing restructuring, insolvency, funding, legal, and M&A advisory services to SMEs and mid-market businesses. The PE-backed firm operates 30+ UK offices with 300+ financial, legal, and business experts.

Ownership category

akta.pro rank

Product category

Restructuring and Insolvency Services

NAICS

Collection Agencies (56144)

SIC

Services-Engineering, Accounting, Research, Management (8700)

akta.pro primary industry

Turnaround, Restructuring & Crisis Management Consulting (BPAHACAO)

akta.pro secondary industries

Restructuring & Turnaround Advisory (BPAHAOAC), Insolvency & Turnaround Advisory (SME/Mid-Market Debtor-Side) (FSAEAFAK), Collections & Recoveries Operations (Delinquency, Workout Support) (FSABALAN), Stressed / Rescue Financing Funds (FSANAKAE), Debt Recovery & Asset Recovery (Repossession Coordination, Collateral Recovery) (BPAAAEAE)

Keywords

• Corporate insolvency services
• Restructuring advisory
• Commercial finance brokerage
• Business rescue services
• Debt advisory solutions

Headquarters

HQ city

Manchester

HQ country

United Kingdom

HQ region

Europe

Offices30 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Infrastructure, Technology or R&D

Revenue model

1. Restructuring and Insolvency Services: Corporate insolvency procedures including administration, special administration, creditors voluntary liquidation, company voluntary arrangement, compulsory liquidation. Personal insolvency services including IVA and bankruptcy. Fees typically charged based on complexity and scope of engagement.
2. Funding and Commercial Finance Brokerage: Debt advisory services, commercial finance brokerage, structured debt solutions. The firm works as an authorised credit broker with unrestricted lender access, earning commission from lenders through fixed fee, fixed rate of commission, percentage of amount borrowed, and rate for risk models.
3. Legal Services: Leonard Curtis Legal provides corporate, insolvency, real estate, dispute resolution, and debt recovery legal services as an Alternative Business Structure authorised by the Solicitors Regulation Authority.
4. M&A Advisory: Business disposals and acquisitions, bolt-on acquisitions, bids and bid defences for listed companies, strategic advice including growth and exit strategies.
5. Business Services: Virtual nonexecs, property and construction advisory, risk management for ABLs, and performance advisory services.

Pricing tiers

Go-to-market motion3 records

Distribution channels5 records

Marketing channels7 records

Core offering

Leonard Curtis Recovery is a multi-disciplinary professional services firm delivering restructuring and insolvency, funding and commercial finance brokerage, legal, business advisory, and M&A services to UK SMEs, mid-market companies and their advisers. The firm operates as an FCA-authorised credit broker and SRA-authorised Alternative Business Structure, providing integrated solutions across the business lifecycle from early intervention through to formal insolvency procedures. Services are delivered by 300+ financial, legal and business experts across 30 UK and offshore offices.

Product overview

Leonard Curtis is a multi-disciplinary professional services firm offering an integrated suite of services for businesses facing financial challenges or seeking growth. The core offering spans Restructuring and Insolvency (corporate and personal), Funding Services (commercial finance brokerage, structured debt, business advisory), Leonard Curtis Legal (corporate, real estate, dispute resolution), Business Services (virtual nonexecs, property advisory, risk management), and M&A Advisory. The portfolio also includes specialized initiatives like Business of Sport (sports finance reports and podcast) and digital products like My-MVL for online solvent liquidation. Services are delivered through a network of 30 UK and offshore offices by a team of 300+ financial, legal, and business experts.

Differentiator

Problem solved

Functional benefit

Brands

• Newsource: Commercial Property Finance Master Broker network offering funding solutions for brokers and clients in commercial investment property, property development, bridging funding, and refurbishment
• My-MVL
• Business of Sport
• RADAR

Products and services

• Restructuring and Insolvency Core service offering covering corporate insolvency (administration, CVL, CVA, CPL), restructuring advisory, personal insolvency (IVA, bankruptcy), offshore services, property solutions, and solvent liquidation. Delivered to UK businesses facing financial difficulties.
• Funding Services Bespoke financing solutions for UK SME and mid-market businesses including commercial finance brokerage, structured debt solutions, business advisory, and the Newsource property finance master brokerage. The firm operates as an FCA-authorised credit broker with unrestricted lender access.
• Leonard Curtis Legal
• Business Services
• M&A Advisory
• Business of Sport
• My-MVL
• Newsource Commercial Finance

Quantifiable outcome

• Over 200 jobs saved in Thurston Group modular buildings rescue
• +4 more outcomes

Named customers13 records

Segments5 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability1 record

Feature3 records

Partnerships

Four partnerships are on record, tiered minor and core.

• Lambert Smith HamptonminorImplementation/ SI/ Consulting Partner · 5 May 2026Property consultancy engaged by administrators to explore whether major German suppliers would support a new operator taking over TLM Laser's service and distribution capabilities.
• RADAR NetworkcoreOthersNetwork of buyers and investors providing extensive property solution options. Members gain advance notice of property opportunities before market and access to clients requiring investment funding.
• Variety, the Children's CharityminorOthersLeonard Curtis backs Variety, the children's charity, supporting causes and fundraising through the Leonard Curtis Foundation.
• Nexia InternationalminorOthersAffiliation with Nexia International network of accounting and consulting firms.

Scale indicators10 records

Recent moves9 records

Expansion highlights8 records

Direct peers

• FRP Advisory: FRP Advisory is a leading UK restructuring advisory firm offering corporate recovery, insolvency, and forensic accounting services. Comparable in mid-market focus, multi-office UK presence, and integrated restructuring plus advisory positioning.
• CVR Global: UK-focused restructuring advisory and insolvency firm serving mid-market clients. Direct competitor on restructuring advisory, insolvency appointments, and creditor-side advisory mandates.
• Begbies Traynor Group: Begbies Traynor is the closest direct peer - a UK-listed restructuring, insolvency, and property advisory firm with a national office network and similar SME/mid-market focus. Comparable service mix includes corporate restructuring, personal insolvency, and property solutions.
• Teneo: Global advisory firm with a strong UK restructuring practice; directly competes for mid-market restructuring mandates. Leonard Curtis recently hired Liam Griffin from Teneo, evidencing talent and segment overlap.

Broad incumbents

• Kroll (Restructuring): Global financial advisory firm with restructuring practice serving UK corporates and lenders. Overlaps with Leonard Curtis on independent business reviews, solvency reviews, and restructuring mandates at the upper-mid-market level.
• RSM UK (Restructuring): Mid-tier accounting firm with national restructuring advisory offering. Targets UK SMEs and mid-market corporates with similar restructuring, insolvency, and turnaround services.
• Grant Thornton UK (Restructuring): Major UK accounting firm with a dedicated restructuring practice. Targets similar mid-market restructuring mandates and insolvency appointments as part of a wider advisory portfolio.
• Alvarez & Marsal: Global restructuring and turnaround consultancy with established UK practice. Competes for larger mid-market engagements and distressed M&A, with broader international reach than Leonard Curtis.
• BDO UK (Restructuring): Top-tier UK accounting firm with substantial restructuring and insolvency practice. Competes across SME and mid-market engagements; broader portfolio of services including audit and tax dilutes focus compared to Leonard Curtis.

Emerging players

• Interpath Advisory: Recently launched UK advisory firm spun out from KPMG with a significant restructuring practice. Competes for mid-market restructuring mandates and has been rapidly building practitioner headcount.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights8 records

Customer concentration

• Xtwitter.com/leonardcurtis
• LinkedInlinkedin.com/company/leonard-curtis

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles13 records

Subsidiaries3 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Leonard Curtis Recovery