The Insolvency

What The Insolvency does

The Insolvency Company is a licensed insolvency practice operating in the South West of England as a trading style of Monahans Professional Services Limited, itself part of the Sumer Group community of professional services firms. Founded in 2018 by Gareth and Stephanie Buckley as a family-run practice, the firm was acquired by Monahans in August 2024 and rebranded from Monahans Insolvency to The Insolvency Company in March 2025. The practice provides four service lines: Company Rescue Services (Company Administration, Company Voluntary Arrangement, Pre-Pack Administration), Company Closure Services (Creditors Voluntary Liquidation, Compulsory Liquidation), Personal Services (Individual Voluntary Arrangements, Lump Sum IVAs, Bankruptcy, Personal Debt Solutions), and Members' Voluntary Liquidations for solvent company exits. Customers are primarily directors of limited companies in financial distress and individuals facing personal debt, with referrals sourced from accountants, solicitors, and other professional advisors. The Insolvency Company also secured high-profile appointments including acting as Joint Administrators to BLB Solicitors Limited in 2026.

The business is a fee-for-service professional practice rather than a technology or SaaS company. Revenue is generated through professional fees per case, with standard CVL pricing ranging from £4,000 to £6,000 plus VAT and disbursements, and more complex engagements (such as administrations and MVLs) commanding higher fees. Free initial consultations are offered in person, by phone, or via video conferencing. The firm uses IPS Cloud, an industry-standard third-party insolvency software platform, for case management, with no proprietary technology disclosed. The team comprises 16 experienced insolvency professionals operating across five regional offices (Taunton, Bath, Bristol, Trowbridge, Swindon), with the full Monahans network providing access to 11 offices in total.

Growth is being driven through the Sumer Group/Monahans integration rather than organic scaling alone: post-acquisition the practice has unified teams, expanded its geographic footprint, migrated to IPS Cloud, hired additional managers (including a Business Development Manager and an Insolvency Manager), and won the Dream Team Award at the Notty Awards 2025 from nearly 700 nominations. Distribution is sales-led via referrals and direct enquiries, supported by content marketing (blog, downloadable guides, video) and organic social channels. The firm is privately held within the Monahans/Sumer structure, with no external venture funding evidenced in available materials.

Name

The Insolvency

Legal name

Monahans Professional Services Limited

Website

https://theinsolvencycompany.co.uk

Company type

Private

Founded year

2024

Operating status

Operating

Headcount range

11–50 employees

Short description

The Insolvency Company is a licensed insolvency practice in South West England providing business rescue, company closure, and personal debt solutions to directors of limited companies and individuals facing financial distress, operating as a trading style of Monahans Professional Services Limited within the Sumer Group.

Ownership category

akta.pro rank

Product category

Insolvency and Business Recovery Services

NAICS

Trust, Fiduciary, and Custody Activities (523991)

SIC

Services-Legal Services (8111), Services-Consumer Credit Reporting, Collection Agencies (7320)

akta.pro primary industry

Debt Restructuring & Workout Advisory (Consumer & SME) (FSAEAFAH)

akta.pro secondary industries

Insolvency & Turnaround Advisory (SME/Mid-Market Debtor-Side) (FSAEAFAK), Insolvency, Restructuring & Bankruptcy Administration (BPAHABAL), Bankruptcy, Insolvency & Restructuring Servicing (Consumer) (FSAKAJAK)

Keywords

• Insolvency services
• Business recovery
• Debt advisory
• Corporate liquidation
• Personal debt solutions

Headquarters

HQ city

Taunton

HQ country

United Kingdom

HQ region

Europe

Offices5 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

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

Revenue model

1. Insolvency Practitioner Services: Revenue generated through professional fees for insolvency practitioner services including Company Voluntary Liquidation (CVL), Creditors Voluntary Liquidation, Company Administration, Individual Voluntary Arrangements (IVA), Bankruptcy, and Members' Voluntary Liquidation (MVL). Fees are charged for services rendered, with typical CVL costs ranging from £4,000 to £6,000 plus VAT and disbursements.

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels7 records

Core offering

The Insolvency Company is a licensed insolvency practice providing business recovery, financial advice, and debt advisory services to directors of limited companies and individuals across the South West of England. Service lines include Company Rescue (Administration, CVA, Pre-Pack), Company Closure (CVL, Compulsory Liquidation), Personal Debt Solutions (IVA, Bankruptcy, DROs), and Members' Voluntary Liquidation.

Product overview

The Insolvency Company offers a comprehensive suite of insolvency and debt advisory services rather than a software product. The portfolio includes: Company Rescue Services (Company Administration, Company Voluntary Arrangement/CVA, Pre-Pack Administration) for businesses seeking to continue trading; Company Closure Services (Creditors Voluntary Liquidation/CVL, Compulsory Liquidation) for businesses winding down; Personal Services (Individual Voluntary Arrangement/IVA including Lump Sum IVA, Bankruptcy, Personal Debt Solutions) for individuals; and Members' Voluntary Liquidation/MVL for closing solvent companies. The company operates as a licensed insolvency practice with licensed Insolvency Practitioners providing professional advisory services, not a technology product or SaaS platform.

Differentiator

Problem solved

Functional benefit

Products and services

• Company Administration A formal insolvency process with the aim of rescuing viable elements of a business. Provides a moratorium protecting the company from legal actions by creditors while options are explored. For directors of limited companies facing financial difficulty.
• Company Voluntary Arrangement (CVA) A government-legislated company rescue route used when a company is profitable and can trade profitably going forward but has historic debt and creditor pressures holding it back. For directors of limited companies seeking to restructure debt.
• Pre-Pack Administration A formal insolvency process involving the sale of a business or its assets to a connected or unconnected buyer, completing swiftly after an administrator is appointed to preserve business value and safeguard jobs. For directors of limited companies.
• Creditors Voluntary Liquidation (CVL) A formal insolvency procedure when shareholders and directors voluntarily agree to place the business into liquidation because it can no longer pay its bills when they fall due. Typical costs range between £4,000 and £6,000 plus VAT and disbursements. For directors of insolvent limited companies.
• Compulsory Liquidation A formal insolvency procedure resulting in a company being forcibly shut down through a court order known as a Winding Up Petition (WUP). For companies facing legal action by creditors.
• Individual Voluntary Arrangement (IVA) A legally binding agreement between an individual and their creditors to pay off personal debts through an affordable monthly payment plan, typically lasting 5 years. For individuals with personal debt.
• Lump Sum IVA A variation of IVA where a one-off lump sum is negotiated with creditors to settle debts, often funded from asset sales such as property equity. For individuals with lump-sum settlement capacity.
• Bankruptcy A formal debt solution for individuals who cannot repay their debts or whose debts exceed the value of their assets, resulting in an official receiver taking control of the person's assets. For individuals facing unmanageable personal debt.
• Cancelling Your Bankruptcy Services to annul or cancel bankruptcy through proposing an IVA or applying for annulment if sufficient funds are available to pay creditors in full. For individuals seeking bankruptcy annulment.
• Personal Debt Solutions Comprehensive debt solutions including Individual Voluntary Arrangements (IVAs), Debt Management Plans (DMPs), Debt Consolidation, and Debt Relief Orders (DROs). For individuals with personal debt.
• Help With Business Debt Business rescue solutions and advisory services to help companies navigate financial difficulties, explore options, and avoid formal insolvency procedures where possible. For directors of limited companies seeking early intervention.
• Members' Voluntary Liquidation (MVL) A formal process for closing a solvent limited company where directors and shareholders decide to wind up the company that can fully repay its debts within 12 months. For directors of solvent companies seeking tax-efficient exits.

Quantifiable outcome

• Steve case study: Settled £450,000 debt for £83,500 through IVA
• +3 more outcomes

Named customers2 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Three partnerships are on record, tiered core and minor.

• MonahanscoreStrategic or Co-development Partner · 1 August 2024Monahans, a leading accountancy and business advisory firm in the South West, acquired The Insolvency Company in August 2024. The insolvency team now operates under The Insolvency Company brand as a trading style of Monahans Professional Services Limited. This partnership expands service availability and integrates insolvency with broader accounting and advisory services.
• Sumer GroupcoreStrategic or Co-development Partner · 1 August 2024Sumer Group is a community of professional services firms dedicated to championing SMEs across the UK and Ireland. Through Sumer, local teams retain face-to-face, partner-led service while gaining access to a national network. The partnership provides international collaboration opportunities and strengthens the regional presence.
• GGI | Global AllianceminorStrategic or Co-development PartnerGGI | Global Alliance is one of the world's leading alliances of independent professional services firms. Monahans membership provides valuable opportunities for international collaboration and cross-border work support.

Scale indicators4 records

Recent moves9 records

Expansion highlights5 records

Direct peers

• Begbies Traynor Group: One of the UK's largest licensed insolvency practices, providing corporate restructuring, CVLs, administrations, and personal insolvency services nationwide. Directly comparable as a UK IP firm operating across the same formal procedures and customer segments.
• CVR Global: Independent UK restructuring and insolvency specialist with offices outside London. Comparable as a focused IP-led firm serving SMEs and stakeholders across formal insolvency procedures.
• FRP Advisory: Major UK restructuring and insolvency advisor listed on AIM, offering corporate recovery, restructuring, and personal insolvency solutions. Directly comparable in service menu and target market, though at materially larger scale.
• Parker Andrews Group: UK restructuring and insolvency firm with a regional office model and full suite of formal procedures. Comparable as a similarly sized mid-market IP practice targeting distressed SMEs.
• Leonard Curtis: UK-wide insolvency, recovery, and advisory firm with strong regional office model similar to The Insolvency Company's South West presence. Directly comparable as a mid-tier IP practice serving both SMEs and individuals.
• Menzies LLP: Mid-tier UK accountancy and advisory firm with a dedicated restructuring and insolvency practice. Comparable in combining chartered accountancy roots with a licensed IP offering for SMEs and individuals.

Broad incumbents

• Kroll (Restructuring): Global financial advisory firm with a sizeable UK restructuring practice (incorporating former Quantuma). Overlaps in formal insolvency appointments and corporate recovery, but serves larger and more complex mandates across a wider portfolio.
• Grant Thornton UK Restructuring: Top-10 UK accounting firm with a restructuring practice covering formal insolvency and creditor-side advisory. Comparable in licensed IP delivery but competes from a much larger platform.
• BDO UK Restructuring: Big-Four-adjacent UK firm offering corporate restructuring, insolvency, and turnaround advisory as part of a broader audit/tax/advisory portfolio. Comparable service line but typically handles mid-market and larger engagements.
• RSM UK Restructuring: Mid-tier UK accounting advisory with a restructuring and insolvency practice focused on the SME and mid-market segment. Comparable customer profile and formal procedure menu.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/channel/UCh09v7R0AYH9NTgCghICLbw
• Facebookfacebook.com/TheInsolvencyCo
• LinkedInlinkedin.com/company/theinsolvencyco
• Xx.com/theinsolvencyco

Revenue estimate

Valuation estimate

Number of profiles

Profiles14 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 The Insolvency