Accountant in Bankruptcy

What Accountant in Bankruptcy does

Accountant in Bankruptcy (AiB) is the statutory insolvency service of the Scottish Government, established to administer personal and corporate insolvency, debt solutions, and related public registers for Scotland under the authority of the Bankruptcy (Scotland) Act 2016 and the Debt Arrangement Scheme (Scotland) Regulations 2011. It operates four statutory debt solutions — the Debt Arrangement Scheme (DAS), protected trust deeds, bankruptcy, and moratorium — providing Scottish residents with formal mechanisms for managing or relieving debt, including statutory protection from creditor enforcement action. The agency serves six principal user segments: debtors, creditors, money advisers, insolvency practitioners, trustees, and employers, with no commercial customer base.

AiB's technology portfolio consists of six interconnected government IT systems rather than a single product: eDEN (web-based case management for DAS programmes), ASTRA and BASYS (insolvency services administration), the Common Financial Tool (financial assessment for advisers), the DAS Register, and the Register of Insolvencies (ROI). These systems form the operational backbone for case intake, application processing, payment distribution, and public transparency. Distribution of payments to creditors is executed through a network of approved third-party payment distributors including Think Link, Carrington Dean, StepChange, WBG Services LLP, Harper McDermott, and Dunedin Advisory.

AiB is funded through Scottish Government budgets rather than commercial revenue, and all services are provided free of charge to users. Its sole office is located at 1 Pennyburn Road, Kilwinning. The agency's strategic posture is shaped by periodic policy modernization, operational restructuring (most recently the October 2025 Delivery Branch restructure), and stakeholder engagement with the practitioner and adviser ecosystem, as evidenced by the March 2026 modernization report and April 2026 Insolvency Services Provider engagement day.

Name

Accountant in Bankruptcy

Legal name

Accountant in Bankruptcy

Website

https://aib.gov.uk

Company type

Public

Founded year

2002

Operating status

Operating

Short description

Accountant in Bankruptcy is the Scottish Government agency that administers Scotland's statutory personal and corporate insolvency solutions — including the Debt Arrangement Scheme, protected trust deeds, bankruptcy, and moratorium — and operates the associated public registers and digital case management systems.

Ownership category

akta.pro rank

Product category

Statutory Insolvency Services

NAICS

Credit Intermediation and Related Activities (522), Activities Related to Credit Intermediation (5223)

SIC

Personal Credit Institutions (6141)

akta.pro primary industry

Insolvency, Restructuring & Bankruptcy Administration (BPAHABAL)

akta.pro secondary industry

Bankruptcy, Restructuring & Insolvency Law (BPAHAAAH)

Keywords

• Statutory insolvency services
• Debt arrangement scheme
• Protected trust deeds
• Personal bankruptcy administration
• Public insolvency registers

Headquarters

HQ city

Kilwinning

HQ country

United Kingdom

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Infrastructure

Distribution channels4 records

Marketing channels3 records

Core offering

Accountant in Bankruptcy is a Scottish Government agency that administers statutory personal and corporate insolvency and debt relief solutions for Scotland, including the Debt Arrangement Scheme (DAS), Protected Trust Deeds, Bankruptcy, and Moratorium. It also maintains the authoritative public registers (DAS Register and Register of Insolvencies) and certifies insolvency practitioners and money advisers. The agency operates purpose-built digital systems (eDEN, ASTRA, BASYS, Common Financial Tool) to enable debtors, advisers, creditors, and employers to participate in these statutory processes.

Product overview

Accountant in Bankruptcy (AiB) is Scotland's statutory insolvency service. The offering consists of a portfolio of interconnected digital systems and regulatory schemes rather than a single product. Core digital systems include: eDEN (online case management for DAS), ASTRA, BASYS, the Common Financial Tool, the DAS Register, and the Register of Insolvencies. These are supported by the Debt Arrangement Scheme (DAS), Protected Trust Deeds, Bankruptcy, and Moratorium—the four statutory debt solutions AiB administers. Together, these systems enable money advisers, creditors, insolvency practitioners, and debtors to apply for, manage, and track debt solutions through a unified digital workflow.

Differentiator

Problem solved

Functional benefit

Products and services

• Debt Arrangement Scheme (DAS) Statutory Scottish debt solution administered by AiB that allows individuals with unmanageable debt to repay creditors over an extended period while protecting their income and assets.

Segments6 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature6 records

Recent moves4 records

Expansion highlights4 records

Direct peers

• National Debtline (Money Advice Trust): Operates free debt advice services across the UK including Scotland and works with statutory insolvency schemes like AiB's DAS. A comparator as a consumer debt-counselling service that feeds cases into formal Scottish debt solutions.
• StepChange Debt Charity: A major UK debt advice charity that serves as an approved money adviser under AiB's Debt Arrangement Scheme and a payment distribution partner. Operates in the same debtor-support ecosystem in Scotland, but functions as a charity adviser rather than a statutory administrator.
• Citizens Advice Scotland: Scotland-focused umbrella for Citizens Advice Bureaux that provide debt advice and are approved money advisers routing DAS applications through AiB's eDEN system. Directly comparable as a Scottish consumer-facing debt advisory service layer, though non-statutory.

Broad incumbents

• Money Advice Service / MoneyHelper (now Money and Pensions Service): UK statutory body providing debt and money guidance including signposting to insolvency services. Comparable to AiB as a publicly-funded debt-advice infrastructure provider, though operating at a UK-wide consumer guidance layer rather than direct case administration.
• The Insolvency Service (UK Government): The UK-wide statutory insolvency service that administers bankruptcy, company winding-up, and disqualification regimes for England, Wales, and (partly) Northern Ireland. Directly comparable to AiB as a government-run insolvency administrator, but operating under different legislation and broader jurisdictional scope.

Others

• Insolvency Practitioners Association: The UK professional body licensing insolvency practitioners, many of whom AiB governs in Scotland. Adjacent rather than competing, but materially shapes AiB's regulatory ecosystem for protected trust deeds and bankruptcy trustees.

Emerging players

• PayPlan (TAP Solutions): A free debt advice and managed payment plan service operating across the UK. Comparable as an in-channel DAS payment distributor and money adviser, with overlap into AiB's distribution network but broader product scope.

Regional players

• Citizens Advice (UK-wide): The UK-wide parent organisation that complements Citizens Advice Scotland. Comparable as a debt-advice channel that interfaces with statutory insolvency regimes, but serves England and Wales primarily rather than AiB's Scottish jurisdiction.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/accountant-in-bankruptcy

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

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M&A

Investments

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

Frequently asked questions about Accountant in Bankruptcy