WHO ARE KEWANS...

We are an independent firm of insolvency practitioners providing specialist advice to companies and individuals in financial difficulty.

Kewans offers a range of services for both corporate and personal insolvency as well as turnaround recovery.

Katie Young is a licensed Insolvency Practitioner at Kewans and has many years of insolvency experience and knowledge in assisting and supporting companies, directors, shareholders, individuals, debtors, creditors and employees.

We also specialise in solvent liquidations of companies to facilitate tax planning, retirement, shareholder disputes or when a company has simply come to the end of its useful life.  Whatever the situation we can tailor a package to suit you.

We offer free consultations, so please call us to arrange a meeting and we will be more than happy to help.

WHAT WE DO...

Wherever possible, if you come to us early enough, we will always try to find a rescue package to save your business, or to prevent a formal insolvency.

When an Insolvency process is the only option, we can guide you through it.  Katie Young has extensive experience in all insolvency procedures and we can help you find the right solution for you and your business.

We are here to guide you not only through the process but through your practical issues and concerns.  As a business owner you have put everything into building your business and often your employees are like family.  You will be concerned about not only your future but that of your employees, customers, suppliers and reputation.  

You will also be concerned about your personal risk and we can advise you on your duties and risks as a director and discuss your other concerns, such as will my home be at risk? Will I be able to continue in business?

We can assist with advice and future planning for you or your business as well as formal appointments such as Liquidations, Administrations, Receiverships, Voluntary Arrangements and Bankruptcies.

WHY USE KEWANS...

We take a personal approach, and work together with you to find the right solution.

Meeting an insolvency practitioner can be a daunting experience, but we are here to help.  

Katie Young has worked with a huge range of business from wholesale food suppliers, private schools, construction, engineering, fine art, micro breweries, pubs, restaurants, retail stores, football clubs and even a pet cemetery.  

As well as assisting with corporate insolvencies, Katie also assists with many personal insolvency situations which could include anything from pressure from HMRC, banks or credit institutions, to issues such as needing time to pay your creditors whilst a divorce is being finalised.

We work closely with many other professionals, and are therefore able to assist with a full range of services in relation to your business or personal financial situation including accountancy, tax planning, property, employment, pensions, and healthcare.

Our Corporate Procedures

Creditors’ Voluntary Liquidation (CVL)

A CVL is instigated by the directors of a Company to effect an orderly wind down, and may include the sale or transfer of the business and/or assets to a new trading entity.

Company Voluntary Arrangement (CVA)

A CVA is an arrangement between the Company and its creditors to repay them from future profit or a sale of assets. The Company makes a proposal to its creditors, and if the creditors agree to the proposal a licensed insolvency practitioner is appointed as "Supervisor of the Arrangement" to ensure that the terms are adhered to. This procedure can be particularly useful where the Company is under cash-flow pressure, but can see 'blue skies ahead'.

Members' Voluntary Liquidation (MVL)

An MVL is a procedure available to solvent companies. It is often used where clients are retiring, groups are restructuring, or when a company has come to the end of its useful life. When the assets accumulate to over £25k it can also be an effective method for tax planning.

Administrative Receivership

This option is normally available to all stakeholders who have a floating charge registered before 15 September 2003. It enables the stakeholders to appoint an Administrative Receiver to take control of the business, and realise the assets for the benefit of the charge holder

Fixed Charge/LPA Receivership

We can act on behalf of private or institutional lenders to maximise recoveries through the management and realisation of property investment portfolios. There are, in some circumstances, stamp duty tax advantages to appointing a receiver in these situations.

Compulsory Liquidation

A compulsory liquidation results from a winding up order being made from the court. Although the Official Receiver is initially appointed as Liquidator, we, or another insolvency practitioner, can be appointed in his place by the Court, the Secretary of State, or by creditors. Before making an application for a Compulsory Liquidation you should always seek independent advice, and we will be more than happy to meet with you for a free consultation.

Sole Traders and Individuals

Individual and Partnership Voluntary Arrangements (IVA’s and PVA’s)

We can act in relation to IVA’s in respect of individuals, or PVA’s in relation to partnerships. IVA’s can relate to sole traders or individuals who are not running a business. Voluntary Arrangements are a legally binding agreement between the individual or partnership to restructure, and repay, their debts, not necessarily in full and without the consequences of Bankruptcy. Voluntary Arrangements can be useful where cashflow is an issue and you wish to avoid formal bankruptcy, or where you are in a position to offer a full and final settlement to your creditors (e.g. by way of a contribution from a family member).

Bankruptcy

Bankruptcy results from a Bankruptcy Order being made by the Court. Although the Official Receiver is initially appointed as the ‘Trustee in Bankruptcy’, we or another Insolvency Practitioner may be appointed as Trustee by the Court, Secretary of State, or Creditors. Before applying for bankruptcy you should always seek independent advice, and we will be more than happy to have a free consultation with you to discuss the implications, including the risk to your home.

WHAT THEY SAY...

What are professionals and clients are saying about us?

Katie’s clear thinking and practical advice is invaluable to companies and individuals in financial difficulty, or wishing to restructure or close their business. When acting as office holder in formal insolvency procedures Katie carries out her duties diligently and professionally, whilst remaining commercial and committed to getting the job done. She is also very supportive of the local business community.

Heather Dobson

Partner and Head of Business Recovery & Insolvency, Moore Blatch LLP, Southampton

I have worked with Katie for several years on a number of matters. Katie is an exceptionally talented Insolvency Practitioner who provides experienced, practical and knowledgeable advice to her clients. Katie has a good understanding of employee relations and demonstrates a sympathetic approach in circumstances where managing employees arise.

Darren Tibble

Director, DC Employment Solicitors, Southampton

Katie is one of the few IP's out there that really does care about her clients. Seeing things from all sides and ensuring the advice she gives is the best for all. If you want somebody who listens to you, and will work with you, then Katie is the person to go to and you will be assured that the process will be as painless as possible.

Kevin Stansfield

Certified Business Coach with Action Coach, Eastleigh

MEET THE TEAM...

The people behind Kewans

Katie Young

Director, Licensed Insolvency Practitioner
Katie has been working in the Insolvency industry for many years in both large and small firms. Katie enjoys working with Directors to find a solution to problems. Katie has worked with a wide range of business including wholesale food suppliers, private schools, construction, engineering and fine art to micro breweries, pubs, restaurants, retail stores, football clubs and even a pet cemetery. In her spare time, Katie enjoys clay pigeon shooting, some very amatuer sailing, country walks with her family and reading.

GET IN TOUCH...

To arrange a free consultation, call us on 023 8017 0797, or send us a message.

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ADDRESS

Suite 1
3rd Floor
18 Market Place
Romsey
Hampshire
SO51 8NA

TELEPHONE

0238 017 0797

BUSINESS HOURS

Mon - Fri: 9AM - 5PM

Katie Young is licensed as an insolvency practitioner in the UK by the Institute of Chartered Accountants in England and Wales

 

Katie Young is a registered member of R3, The Association of Business Recovery Professionals are the leading organisation for insolvency, restructuring and turnaround specialists in the UK

 

TRI Awards

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