KRE Corporate Recovery Limited

What KRE Corporate Recovery Limited does

KRE Corporate Recovery Limited is a privately-held UK professional services firm providing insolvency and corporate recovery services, founded in November 2012 by Paul Ellison, Rob Keyes, and Gareth Roberts. The firm operates from Reading, Berkshire, with a wholly-owned subsidiary, KRE (North) Limited, established in 2024 in Gateshead to serve the North of England. The practice is led by three founding directors with over 100 years of combined corporate recovery experience drawn from Big 4 (KPMG, EY, Deloitte) and mid-tier accountancy firms, supported by associate directors, senior managers, and a total team of approximately 12-15 staff.

The firm offers a comprehensive service portfolio covering Business Recovery Solutions and Turnarounds, Administrations (including pre-pack), Creditors Voluntary Liquidations, Company Voluntary Arrangements, Members Voluntary Liquidations, Corporate Simplification, Independent Business Reviews, and Evaluator's Reports. Personal Insolvency Services are also offered through the KRE North division. All practitioners are Licensed Insolvency Practitioners regulated by the Institute of Chartered Accountants in England and Wales (ICAEW), with professional indemnity insurance in place and compliance with UK GDPR, the Data Protection Act 2018, and Money Laundering Regulations 2017.

Revenue is generated through professional services fees charged to insolvent companies, their directors, shareholders, and creditors, with costs typically borne by the insolvent estate and fee structures governed by ICAEW regulations and published Practice Fee Recovery Policies. Client acquisition relies on long-tenured referral relationships with accountants, solicitors, and financial advisers (some spanning 10-20+ years), supplemented by direct outreach to distressed directors and a content-driven website. The firm serves businesses across the UK, ranging from small owner-managed enterprises to multi-million-pound international organisations, with no proprietary technology platform or AI-driven tooling underpinning the practice.

Name

KRE Corporate Recovery Limited

Legal name

KRE Corporate Recovery Limited

Website

https://krecr.co.uk

Company type

Private

Founded year

2012

Operating status

Operating

Headcount range

11–50 employees

Short description

KRE Corporate Recovery Limited is a UK-based licensed Insolvency Practitioner firm providing corporate recovery, restructuring, turnaround advisory, and personal insolvency services to distressed businesses, directors, shareholders, and creditors across the United Kingdom.

Ownership category

akta.pro rank

Product category

Corporate Insolvency and Recovery Services

akta.pro primary industry

Insolvency, Restructuring & Bankruptcy Administration (BPAHABAL)

akta.pro secondary industries

Restructuring & Turnaround Advisory (BPAHAOAC), Insolvency & Turnaround Advisory (SME/Mid-Market Debtor-Side) (FSAEAFAK)

Keywords

• Corporate insolvency services
• Business recovery solutions
• Creditors voluntary liquidation
• Members voluntary liquidation
• Independent business reviews

Headquarters

HQ city

Reading

HQ country

United Kingdom

HQ region

Europe

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Corporate Recovery and Insolvency Services: Professional fees for providing insolvency practitioner services including administrations, liquidations (CVL, MVL), Company Voluntary Arrangements (CVA), Independent Business Reviews, Evaluator's Reports, and business recovery consulting. Revenue is generated through professional service fees charged to insolvent companies, their directors, shareholders, and creditors.

Pricing tiers

Go-to-market motion2 records

Distribution channels2 records

Marketing channels3 records

Core offering

KRE Corporate Recovery Limited is a UK-based professional services firm providing licensed insolvency practitioner and corporate recovery services. The firm advises distressed businesses and their directors on turnaround strategies, formal insolvency procedures (Administrations, Creditors Voluntary Liquidations, Company Voluntary Arrangements), solvent wind-downs (Members Voluntary Liquidations), corporate simplification, Independent Business Reviews, and Evaluator's Reports. Services are delivered by a team of three directors with over 100 years of combined Big 4 and mid-tier accountancy experience.

Product overview

KRE Corporate Recovery Limited is a professional services firm offering a comprehensive suite of corporate recovery and insolvency services. The firm is led by three directors with over 100 years of combined experience, operating from Reading (UK) with a northern division in Gateshead. The service portfolio includes: Business Recovery Solutions & Turnarounds (preventive advisory), Administrations (rescue procedures), Creditors Voluntary Liquidations (insolvent wind-downs), Company Voluntary Arrangements (creditor restructuring agreements), Members Voluntary Liquidations (solvent wind-ups), Corporate Simplification (group structure streamlining), Independent Business Reviews (performance assessments), and Evaluator's Reports (regulatory compliance for connected party sales). A separate KRE North division also provides Personal Insolvency Services for individuals and sole traders. The firm acts as Licensed Insolvency Practitioners appointed over companies of all sizes across all sectors.

Differentiator

Problem solved

Functional benefit

Products and services

• Business Recovery Solutions & Turnarounds

Quantifiable outcome

• Over 200 formal MVL appointments handled by one Associate Director
• +2 more outcomes

Named customers12 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

Integration2 records

Partnerships

Two partnerships are on record, tiered minor.

• North Insolvency LimitedminorImplementation/ SI/ Consulting Partner · 21 August 2025Collaboration with North Insolvency Limited on Project Abattoir. Paul Ellison of KRE Corporate Recovery and Hayley Simmons of North Insolvency Limited jointly engaged to seek bids for the business and assets of a long-established abattoir business.
• Monahans Professional Services LimitedminorImplementation/ SI/ Consulting Partner · 17 July 2025Collaboration with Monahans Professional Services Limited on Project Marble. Paul Ellison of KRE Corporate Recovery and Steven Elliott of Monahans jointly engaged to seek bids for a long-established marble build and restoration company.

Scale indicators4 records

Recent moves5 records

Expansion highlights5 records

Direct peers

• Begbies Traynor Group: UK-listed insolvency practitioner and corporate recovery firm operating nationwide. Begbies Traynor is a direct competitor offering CVLs, MVLs, Administrations, and turnaround advisory, with a similar professional adviser referral model and a much larger scale.
• FRP Advisory: UK-listed restructuring and insolvency advisor with national coverage. FRP Advisory competes directly with KRE in Administrations, CVAs, IBRs, and turnaround mandates, with a similar adviser-network-driven GTM motion.
• Kroll (Restructuring): Global restructuring advisor with a UK practice offering corporate recovery, insolvency, and turnaround services. Kroll is a direct competitor for larger and cross-border restructuring mandates that fall outside KRE's small-team scope.
• Teneo: Global advisory firm with a UK restructuring practice that competes for mid-market restructuring and insolvency mandates. Teneo overlaps with KRE on turnaround advisory and administration appointments.

Broad incumbents

• Alvarez & Marsal: Global professional services firm with a substantial UK restructuring and turnaround practice. A&M overlaps with KRE on distressed mandates and IBRs but operates at a much larger scale with broader service lines.
• RSM UK: Mid-tier accounting firm with a UK restructuring advisory practice. RSM is a competitor for insolvency and turnaround work and is notable as the acquirer of Paul Ellison's previous firm (HMT Corporate Recovery) in 2007.
• BDO UK: Mid-tier accounting firm with a UK restructuring and insolvency practice. BDO competes with KRE for distressed and turnaround mandates, particularly through its regional office network.
• Mazars UK: Mid-tier accounting firm with restructuring and recovery services in the UK. Mazars competes with KRE for SME and mid-market insolvency and turnaround work.
• Grant Thornton UK: Mid-tier accounting firm with a UK restructuring practice. Several KRE team members (e.g., Vikki Claridge, David Taylor) trained at Grant Thornton and Big 4 peers, making it a comparable talent and service competitor.
• Crowe UK: Mid-tier accounting and advisory firm with a UK restructuring and insolvency practice. Crowe U.K. competes for SME and mid-market corporate recovery work, overlapping with KRE's CVL, MVL, and turnaround services.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xx.com/kre_limited

Compliance6 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles14 records

Subsidiaries1 record

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 KRE Corporate Recovery Limited