J3 Debt Solutions Limited

What J3 Debt Solutions Limited does

J3 Debt Solutions Limited is a Glasgow-headquartered firm of Licensed Insolvency Practitioners regulated by the Institute of Chartered Accountants of Scotland, offering formal personal and corporate insolvency solutions across Scotland, England, Wales and Northern Ireland. The personal insolvency portfolio is jurisdiction-specific: Trust Deeds, Sequestration and the Debt Arrangement Scheme in Scotland, and Individual Voluntary Arrangements, Bankruptcy, Debt Relief Orders and Debt Management Plans in England, Wales and Northern Ireland. The corporate practice covers Administration, Company Voluntary Arrangements and Liquidation, alongside business recovery and turnaround advisory.

The firm operates a sales-led go-to-market built around a website eligibility questionnaire, a digital self-service tool ('J3 Debt Help Booster'), and telephone advisory, supplemented by reciprocal referrals with peer firms and a stack of third-party vendors (Aryza, Finnius Intelligence, Valid8 IP, Total Processing, Insolvency Cashiers, Omni) for software, credit searches, payment processing and customer service. The company trades under multiple styles including Scottish Debt Help® and Debt Solutions Advisor to capture regional demand.

Revenue is professional-services based, generated from statutory and contractual fees on each administered solution — typically £2,500–£3,000 fixed plus 20% of realised contributions on Trust Deeds, £3,650–£4,000 on IVAs, and pass-through or modest fees on sequestration, DROs and bankruptcy applications — with no upfront client charges. With 25 employees and a privately held, founder-led ownership structure, the firm relies on regulatory authorisation, reputational trust (4.8/5 Google rating across 221 reviews) and a multi-channel acquisition model rather than proprietary technology or external capital.

Name

J3 Debt Solutions Limited

Legal name

J3 Debt Solutions Limited

Website

https://j3debt.co.uk

Company type

Private

Operating status

Operating

Headcount range

11–50 employees

Short description

J3 Debt Solutions Limited is a Glasgow-based Licensed Insolvency Practitioner firm delivering personal and corporate debt solutions — Trust Deeds, IVAs, sequestration, bankruptcy, DROs, DMPs, administration, CVA and liquidation — to individuals and small businesses across all four UK jurisdictions.

Ownership category

akta.pro rank

Product category

Personal and Corporate Insolvency Services

NAICS

Collection Agencies (56144), Activities Related to Credit Intermediation (5223)

SIC

Services-Consumer Credit Reporting, Collection Agencies (7320)

akta.pro primary industry

Bankruptcy, Insolvency & Restructuring Servicing (Consumer) (FSAKAJAK)

akta.pro secondary industries

Insolvency, Restructuring & Bankruptcy Administration (BPAHABAL), Financial Hardship & Forbearance Assistance (FSAEAFAJ)

Keywords

• Debt solutions
• Insolvency services
• Trust deeds
• Individual voluntary arrangements
• Corporate insolvency

Headquarters

HQ city

Glasgow, Scotland

HQ country

United Kingdom

HQ region

Europe

Offices3 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

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

Revenue model

1. Trust Deed Fees: Fees for administering Trust Deeds, typically a four-year solution. Fees comprise a fixed fee (£2,500-£3,000), an additional 20% of total assets and contributions realised, plus outlays for statutory advertising, insurance bonds, property searches, and valuations. All fees are exempt from VAT and paid from the client's solution payments.
2. IVA Fees: Fees for Individual Voluntary Arrangements including Nominee's fees (£1,560 fixed or equivalent to six monthly payments), Supervisor's fees (15% of realisations or £1,750 fixed), and disbursement costs. Typical total fee for 5-year IVA is £3,650 and for 6-year IVA is £4,000, inclusive of all fees.
3. Bankruptcy Application Assistance: Assistance with bankruptcy applications in England, Wales, and Northern Ireland. The official Insolvency Service application fee is £680, paid by the applicant directly.
4. Sequestration (Bankruptcy) Fees: For Scottish bankruptcy/sequestration: MAP (Minimal Asset Process) has no fee; Full Administration costs £150.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels3 records

Core offering

J3 Debt Solutions Limited is a Licensed Insolvency Practitioner firm that arranges and administers formal personal debt solutions (Trust Deeds, Sequestration, and Debt Arrangement Scheme in Scotland; Individual Voluntary Arrangements, Bankruptcy, Debt Management Plans, and Debt Relief Orders in England, Wales and Northern Ireland) as well as corporate insolvency procedures (Administration, Company Voluntary Arrangements, Liquidation, and Business Recovery and Turnaround). Services include creditor protection, single affordable monthly payments, and debt write-off (up to 85% in IVAs) over typically 4–6 year programmes. The firm is paid by fees deducted from clients' monthly contributions, with no upfront charges.

Product overview

J3 Debt Solutions Limited is a firm of Licensed Insolvency Practitioners offering debt solutions as both a unified service portfolio and separate regional offerings. The core offering includes personal insolvency products: Trust Deed (Scotland), Sequestration/Bankruptcy (Scotland), Debt Arrangement Scheme (Scotland), and IVA, Bankruptcy, DRO, and DMP (England, Wales & Northern Ireland). For businesses, they provide Corporate Insolvency services including Administration, CVA, and Liquidation, plus Business Recovery and Turnaround consulting. They also offer J3 Debt Help Booster as a digital self-service tool. The company operates across Scotland, England, Wales, and Northern Ireland with Jamie Carmichael as Director & Lead Insolvency Practitioner, regulated by the Institute of Chartered Accountants of Scotland.

Differentiator

Problem solved

Functional benefit

Brands

• J3 Debt Help Booster: Online digital debt help tool - a user-friendly online debt service designed to make getting support available in a convenient and stress-free manner.

Products and services

• Trust Deed A voluntary agreement between a debtor, creditors, and an appointed Trustee (Insolvency Practitioner) to repay part or all of what is owed, with debt forgiveness at the end. Typically lasts 48 months (4 years) and is available for Scottish residents with unsecured debts typically over £5,000.
• Sequestration (Scottish Bankruptcy) The Scottish equivalent of bankruptcy. A legal declaration that someone cannot pay their debts, providing debt relief with restrictions typically lasting 12 months before full discharge. Includes Minimal Asset Process (MAP) for debts between £1,500–£25,000 and Full Administration for higher amounts.
• Debt Arrangement Scheme (DAS) A statutory Scottish Government debt management scheme that allows debtors to pay off debts over time with one regular payment, freezing interest, fees and charges. Includes Debt Payment Plans (DPP) administered by DAS Approved Money Advisers.
• Individual Voluntary Arrangement (IVA) A legal agreement enabling individuals to make affordable monthly payments to creditors over a fixed period (typically 5–6 years). After completion, any remaining debt is written off (up to 85% of unsecured debt). Available in England, Wales and Northern Ireland.
• Bankruptcy (England, Wales, Northern Ireland) A formal debt solution for those with no real way of paying off debts and few assets. Involves selling assets and sharing money among creditors, releasing the debtor from most debts after 12 months. Available in England, Wales and Northern Ireland. The official Insolvency Service application fee is £680, paid by the applicant directly.
• Debt Management Plan (DMP) A flexible informal agreement to pay off debts at an affordable rate. Consolidates debts into one monthly payment divided between creditors. Not legally binding and can be cancelled at any time. Available in England, Wales and Northern Ireland.
• Debt Relief Order (DRO) A formal debt solution for individuals owing £50,000 or less, who are not homeowners, do not own valuable items, and have little spare money. Lasts 12 months after which debts are written off if the situation does not improve. Available in England, Wales and Northern Ireland. No cost to the individual.
• Administration An insolvency procedure intended to help save a company by providing a moratorium while a rescue plan is implemented. Undertaken by an appointed Insolvency Practitioner.
• Company Voluntary Arrangement (CVA) A proposal allowing directors of Limited Companies to continue trading while repaying creditors under the supervision of an Insolvency Practitioner.
• Liquidation Procedures to wind up a company and bring its affairs to an orderly conclusion, including Creditors Voluntary Liquidation and Members Voluntary Winding Up.
• Business Recovery and Turnaround Services helping businesses with management issues, accounting, creditor/supplier negotiations, and cashflow management to save viable businesses.
• Corporate Insolvency Services Solutions for Limited Liability Partnerships and Limited Companies that can no longer continue, including Administration, CVA, and Liquidation options.
• J3 Debt Help Booster An online digital debt help tool designed to make getting debt support available in a convenient and stress-free manner. Used by J3 Debt Solutions to onboard and assist clients online.

Quantifiable outcome

• Up to 85% of unsecured debt can be written off upon completion of an IVA
• +2 more outcomes

Named customers1 record

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Partnerships

Eleven partnerships are on record, tiered minor and core.

• Dissolve DebtminorChannel Partner/ Reseller/ DistributorDebt management provider partner for referrals when J3 cannot directly assist clients.
• GW Debt Solutions LimitedminorChannel Partner/ Reseller/ DistributorDebt management provider partner for referrals when J3 cannot directly assist clients.
• The Insolvency Service / Accountant in BankruptcycoreStrategic or Co-development PartnerGovernment bodies that oversee and regulate insolvency procedures in the UK. J3 operates under their regulatory framework and submits applications through these bodies.
• Gillson Gray LLPminorStrategic or Co-development PartnerLegal partnership for insolvency-related legal services and advice.
• Keller Williams UKminorStrategic or Co-development PartnerProperty valuers used for assessing property assets in insolvency cases.
• Shepherd Chartered SurveyorsminorStrategic or Co-development PartnerProperty valuers used for assessing property assets in insolvency cases.
• Select SurveyorsminorStrategic or Co-development PartnerProperty valuers used for assessing property assets in insolvency cases.
• Insolvency Cashiers LtdminorImplementation/ SI/ Consulting PartnerCashiering services provider for handling payments in insolvency procedures.
• OmniminorImplementation/ SI/ Consulting PartnerCustomer service provider for handling customer interactions and support.
• Clickd Solutions LtdminorImplementation/ SI/ Consulting PartnerTraining and call monitoring services provider.
• ICA ConnectminorStrategic or Co-development PartnerProfessional network and connectivity services for insolvency practitioners.

Scale indicators2 records

Recent moves6 records

Expansion highlights4 records

Direct peers

• PayPlan (Money Wellness): Major UK provider of Debt Management Plans and free debt advice. Comparable in serving the consumer distressed-debt segment with administered repayment solutions.
• Gregory Pennington: UK debt solutions firm offering IVAs, DMPs and informal repayment plans to individuals. Directly comparable for personal debt resolution and creditor negotiation.
• ClearDebt: Digital-first UK debt solutions provider offering IVAs, DMPs and DROs online. Closely comparable online-led approach with a similar product mix in England, Wales and Northern Ireland.
• McCambridge Duffy: Glasgow-based insolvency practice offering Trust Deeds and adjacent Scottish debt solutions. Closest direct peer given shared Scottish origin, regulated IP model and consumer-focused debt solution portfolio.
• Forbes Burton: UK-wide insolvency practitioner firm delivering IVAs, bankruptcy and business insolvency for individuals and SMEs. Direct competitor across multiple UK jurisdictions and customer segments.

Broad incumbents

• FRP Advisory: Large UK restructuring and insolvency advisory firm with extensive corporate restructuring practice. Provides overlapping services but operates at significantly larger scale and predominantly B2B focus.
• Begbies Traynor Group: UK-wide restructuring and insolvency practice covering both personal and corporate insolvency. Overlaps in product categories but operates at materially larger scale with a listed parent.
• StepChange Debt Charity: UK's largest debt advice charity providing DMPs, debt advice and token-payment plans. Adjacent offering in the consumer debt resolution space but operates as a charity without IP-regulated formal insolvency.
• Citizens Advice: Free consumer debt advice provider including DROs and signposting to regulated providers. National scale and free-of-charge model makes it adjacent rather than directly competitive on fee-bearing insolvency.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/j3-debt-solutions-limited

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 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 J3 Debt Solutions Limited