28 Apr 2025
7 min read
Expert Guidance for Every Business Journey
We help company directors make confident decisions at every stage of their business life cycle. Whether you're navigating financial challenges or planning a solvent closure, our licensed insolvency practitioners provide clear, trusted advice.
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We can help if:
- Creditors or HMRC are putting your company under pressure
- You need to close a solvent company quickly and efficiently
- Cash-flow issues or Bounce Back Loan debt are escalating
- You need fast decisions on rescuing, restructuring or closing
Why Choose us
We'll look at your business from all angles and give you options. If liquidation is the best route, we'll guide you every step of the way. If it's possible to keep your business open, and that's what you choose, we can help with that too.
Free initial consultation
Talk to us confidentially about your situation, before you commit to anything
Positive outcomes
We help you close your company in a structured and compliant way, minimising stress and potential legal repercussions.
Alternative solutions
If you have a viable core business, our team can also explore other options such as restructuring or company rescue.
Competitive Fees
We won't charge you over the odds for our insolvency and liquidation services.
Proactive approach
By taking the time to understand your situation we can overcome any issues before they arise.
No Paperwork
We'll take all the liquidation paperwork off your hands and organise any meetings required.
Qualified, regulated experts
You can trust our licensed insolvency practitioners to give legally-sound advice.
Transparent Process
We'll keep you informed every step of the way so you know exactly what's happening... and what's next.
We have a different view when it comes to helping businesses
By looking at a business from every angle, we're able to uncover all the possibilities for companies to not only survive but succeed and transform. This positive approach is one we've championed since FA Simms was established in 1978.
Since then, we've enabled thousands of SMEs to overcome their challenges and make the right decisions at the right time.
Our team of business rescue experts and licensed insolvency practitioners is passionate about supporting businesses through every challenge and finding the best possible outcome for them.
Our Services
We know that 'one size fits all' doesn't work when it comes to solving your business' challenges. So instead, our nationwide team of business rescue experts and licensed insolvency practitioners partner with you to find a solution that fits your business.
Creditors’ Voluntary Liquidation (CVL)
A Creditors’ Voluntary Liquidation (CVL) is an insolvent liquidation process. The company is closed. Its assets are turned to cash and used to pay creditors.
Members’ Voluntary Liquidation (MVL)
A Members’ Voluntary Liquidation (MVL) is an easy way to close a solvent business. Any assets are quickly liquidated and the cash distributed tax-efficiently.
Compulsory Liquidation
Compulsory Liquidation is the court-ordered liquidation of a company. It’s generally a last resort initiated by a creditor who want to get their money back.
Start Afresh & Phoenix Liquidation
We enter an insolvent company into Creditors’ Voluntary Liquidation (CVL) but use it as a business rescue process. The director of the company purchases its goodwill and assets to go forward and trade within a new entity.
No Asset Liquidation
As the name suggests, if you have no assets to liquidate this is the most economical way we can close your business for you. With a fixed-fee quote and free advice, our aim is to make this process as smooth as possible.
Company Administration
Company Administration and Pre-pack Administration are used to rescue a company that’s insolvent now but may be profitable in the future.
Company Voluntary Arrangement (CVA)
A Company Voluntary Arrangement (CVA) is the formal process of freezing historic debts in order for a company and its creditors to come to a new agreement.
HMRC debt management
We’ve helped 1000s of limited companies deal with their HMRC and business debt management in a fast and cost-effective way.
Business insolvency
FA Simms specialises in providing essential help and advice on business insolvency to micro-, small- and medium-sized companies in the UK.
Sole trader insolvency
Individuals in debt could benefit from using an IVA or Bankruptcy to manage or clear debts and make a fresh financial start through new repayment terms or debt relief.
Pre-pack Administration
If you have a core business that works, a Pre-Pack administration could save it – and leave behind your old company’s debt.
Business rescue
It’s normal for a business to experience financial challenges. If these are causing you worry, we could ease the burden and get you back on track.
Cash-flow problems
When we’re approached by a business that’s suffering from cash-flow problems, we like to deal with the source of the trouble, not just the latest issues.
Our Industry Partners
FA Simms is part of the FTS family
FTS Recovery is a national firm of licensed insolvency practitioners, with offices and staff covering the whole of the UK.
We're built for the humans behind the business.
As a firm that's been designed by its directors from the ground up, we understand the challenges you face. Our experts provide straightforward, tailored business advisory, and insolvency and liquidation solutions - to give you the clarity and confidence to move forward.
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