Expert help in times of financial crisis 

Kennway Francis - Licensed insolvency practitioner

 

When facing financial crisis it is important to act swiftly and to obtain expert help and support. At Kennway Francis we pride ourselves on offering specialist insolvency advice to businesses and individuals.

Our Services

Liquidation 

 

Administration

 

Company Voluntary Arrangements

Bankruptcy

Individual voluntary Arrangment

We offer expert help with...

Liquidation   

Liquidation (or ‘winding up’) is the most common type of corporate insolvency procedure. Liquidation is the formal winding up of a company’s affairs, entailing the realisation of its assets and the distribution of the proceeds in a prescribed order of priority. 

Company Voluntary Arrangements 

A company voluntary arrangement is a procedure which enables a company to put a proposal to its creditors. The proposal if agreed, prevents the creditors taking inforcment action against the company.

Members voluntary Liquidation/ Solvent Liquidation

This procedure is used when a company has ceased to trade, and is solvent. The company has sufficient assets to pay the creditors in full, and return the surplus funds to its shareholders.

Bankruptcy 

Bankruptcy is the administration of the affairs of an insolvent individual by a trustee in the interests of his creditors. 

Individual Voluntary Arrangements 

This is a legally binding agreement -between you and your creditors- to repay your debts.

Most IVA's last for 5 years, but there is no set percentage to be returned to creditors.

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Creditor Portal 

The Creditor Gateway ( All communications to creditors issued by Kennway Francis Limited can be downloaded from www.thecreditorgateway.co.uk ) if you have any queries regarding access to creditor reports please email enquiries@kennwayfrancis.co.uk)

 

 

For any further information please contact Kennway Francis on 01245 943 820 or email enquiries@kennwayfrancis.co.uk

Administration

Administration is a procedure available to a company that is insolvent, or is likely to become so. This places the company under the control of an insolvency practitioner. The business and assets are then sold by the Administrator.

Important Notice: Office Holders who act as Administrators act as agents for the company and contract without personal liability. Where a company is in Administration, the affairs, business and property of the company are being managed by the Administrator, who acts as agent of the company. Melissa Jackson is licensed as an insolvency practitioner in the UK by the Institute of Chartered Accountants in England and Wales

 

Contact us: enquiries@kennwayfrancis.co.uk    tel: 02071297366/ 07939477319

 

     Address: Saxon House 

       27 Duke Street 

     Chelmsford Essex

         CM1 1HT   
 

Copyright Kennway Francis Ltd. | Company number: 10941836 |

Registered Office 8 High Street, Brentwood, Essex CM14 4AB|