wedo accounting

Specialist Insolvency Support for Accountants and Their Clients

A dedicated service supporting directors exposed to personal risk before and after company insolvency.

As accountants, we understand that most client relationships centre on compliance, tax and commercial advisory work.

However, when a company approaches insolvency — or has already entered liquidation — the issue often shifts from corporate matters to personal exposure of the director.

That transition is technical, risk-sensitive and rarely suited to routine practice work.

Are you worried about being unable to pay your employees, suppliers and yourself? Do you know what you are entitled to?

Over the past decade, we have developed a focused specialism in supporting directors in the narrow space where insolvency process, statutory duties, accounting treatment and post-liquidation claims intersect.
 
Very few firms operate in this niche.
Our Experience in This Field

Over the last ten years, our extensive involvement in technically demanding director cases has led to the largely organic creation of a dedicated specialist unit focused on:

  • Dividend reclassification disputes
  • Wrongful trading allegations
  • Misfeasance proceedings
  • Insolvency Service conduct enquiries
  • Negotiated claim reductions and settlements
  • Director’s Loan Account recovery claims
The work sits at the intersection of accounting analysis, insolvency procedure and director conduct review.

It is not mainstream insolvency practice, nor routine compliance work or conventional legal practice.

It is a narrow and experience-led discipline, and one in which relatively few accountancy firms operate with depth.

A Defined Escalation Partner

We work alongside accountancy and bookkeeping firms in clearly defined scope.
 
We do not provide general bookkeeping, payroll or routine tax services to referred clients.
 
We do not seek to replace your advisory relationship.

Your client remains your client.
 
Our role is limited to director-level exposure assessment, mitigation strategy and claim response where appropriate.
Why Early Referral Adds Value

Directors often assume liquidation concludes matters.

In practice, many personal claims arise after appointment of a liquidator.

By involving a specialist at the correct stage, you:

  • Demonstrate proactive care for your client
  • Avoid operating beyond your comfort zone
  • Reduce professional risk exposure
  • Preserve trust at a sensitive point
Once appointed, an Insolvency Practitioner’s statutory duty is to creditors.
 
Directors frequently underestimate the implications of this.
Our involvement ensures the director’s position is appropriately considered in parallel.

Professional Structure

Our advisory work is generally fixed-fee. In certain defence matters, where claims are reduced or resolved favourably, a results-linked success element may apply.
 
Where such success fees arise, we operate a modest professional referral participation arrangement. Details are available upon request.
The principal objective remains director protection and preservation of your client relationship.

Confidential Discussion

If you encounter director-level insolvency risk that falls outside routine advisory scope, we would be pleased to discuss whether specialist support would be appropriate.