Licensed Insolvency Practitioners in Exeter, Devon | Kirks
Licensed Insolvency Practitioners in Exeter, Devon | Kirks
May 18, 2020
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Once appointed, the insolvency practitioner has to handle everything — and nothing can be missed. Companies House. HMRC. The Insolvency Service. The London or Edinburgh Gazette. Pensions. Statutory reports. Formal notices. Every step has strict rules, deadlines, and record-keeping requirements — and if an IP gets it wrong, they risk losing their licence and their livelihood. That’s why liquidation isn’t just paperwork… it’s one of the most tightly regulated processes in UK business.
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Construction topping insolvency tables for four straight years isn’t bad luck — it’s structural pressure. Nearly 4,000 construction firms failed in 2025 alone — around 1 in every 6 UK insolvencies. If you’re feeling squeezed, you’re not alone — but you do need to act early.
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