The Best Insolvency Firms in the UK

Updated 441 firms evaluated10 listed

Only an individual can hold an insolvency licence, and only a licensed insolvency practitioner can be appointed to liquidate your company or put it into administration. So there is no such thing as a licensed firm, only a firm that employs licensed people, and the number it employs is the first thing worth knowing about it. This page starts from the Insolvency Service register, read on 20 September 2026, which listed 1,413 practitioners working at 441 separate practices. It then keeps only the practices whose own websites show corporate insolvency work, because the same licence covers personal debt and the large IVA providers sit on the same register without being any use to a company director. Rank one is the strongest across the board. Ranks two to four are the best firm for one kind of job each, and the rest follow in overall order. Every licence figure comes from the register itself, and every other claim comes from a page on the firm's own site.

View all 234 towns

A company director at a desk reviewing accounts and a creditor's letter, with the Insolvency Service register open on a laptop beside them
  1. 01 Best overall
  2. 02 Best for closing an insolvent company
  3. 03 Best for closing a solvent company
  4. 04 Best for rescuing a company
  5. 05+The rest of the shortlist
Rank 01

Begbies Traynor

Best overall

The largest licensed insolvency bench in the country, and one of only two firms here that publishes a price

Updated
Why they are on this list
  • 100 of the 1,413 practitioners on the Insolvency Service register work here, more than at any other firm in the country. Its own site claims almost 100, so for once the brochure and the register agree.
  • One of only two firms on this list that publishes a starting price: a members' voluntary liquidation from around £2,000 to £3,000 plus VAT and a creditors' voluntary liquidation from around £3,000 to £4,000, both for straightforward cases and both before disbursements.
  • Founded in 1989 by Ric Traynor as Traynor and Partners, merged with the London firm Begbies in 1997, and admitted to AIM in 2004, so its results are public in a profession where almost nothing is.
Rank 02

FRP Advisory

Best for closing an insolvent company

Eighty licensed practitioners, and the only firm here naming which of its people can take an appointment

Updated
Why they are on this list
  • 80 licensed practitioners on the register, the second largest bench in the UK, across 21 offices in 18 council areas.
  • It publishes an Appointment Takers table naming 74 individuals licensed to take appointments, every one of them ICAEW regulated. Almost nobody else in this profession publishes that list, and it is the single most useful page on any site here.
  • Established in 2010 and now the AIM listed FRP Advisory Group plc. It bought the Sheffield practice Wilson Field in September 2023, which still trades under its own name and appears separately on this site's Sheffield page.
Rank 03

Clarke Bell

Best for closing a solvent company

A two-practitioner Manchester firm that publishes its prices, which almost nobody else in this profession does

Updated
Why they are on this list
  • Publishes a creditors' voluntary liquidation from £1,995 plus VAT and a members' voluntary liquidation from £1,245, the lowest published starting figures on this list. It also names its disbursements, including the Gazette advertisement, which nobody else here does.
  • Its About page names two people carrying the title Licensed Insolvency Practitioner, which matches the register exactly. On a list where the big firms overstate their footprint, a small firm counting itself correctly is worth noting.
  • Founded in 1994 by John Bell, still listed as senior partner and a licensed practitioner, working from one Manchester office for directors across England and Wales.
Rank 04

Quantuma

Best for rescuing a company

The widest range of procedures on this list, and a published hourly rate card to go with it

Updated
Why they are on this list
  • Takes appointments across every corporate procedure that exists, including administrative receivership and pre-pack administration, which most firms this size refer out.
  • Names every one of its licensed practitioners on its own legal information page, each with the body that licenses them. The register counts 37 of them across 12 offices.
  • Publishes its full SIP 9 charge-out rates: from 1 August 2025, £585 an hour at regional offices and £785 in London for practitioner grade, with a stated uplift on cases it treats as complex.
Rank 05

Leonard Curtis

Thirty-nine licensed practitioners spread across sixteen council areas, and a place on the FCA's own panel

Updated
  • Appointed to the Financial Conduct Authority's insolvency practitioner panel for a stated four year term, which is a check run by somebody other than the firm or this site.
  • 39 licensed practitioners across 16 offices, every one of them in a different council area, which is the flattest geographic spread on this list.
  • Trading since 1949 under one name or another, which makes it the second oldest practice here.
Rank 06

Opus Restructuring & Insolvency

Sixteen offices with their own direct numbers, and a free first conversation with no obligation

Updated
  • Lists 16 UK offices each with its own direct telephone number rather than one national switchboard, which is a small thing that turns out to matter at eight in the morning.
  • Its governance page names 38 partners and directors authorised to act as insolvency practitioners, split across the IPA, the ICAEW and ICAS. The register counts 33.
  • States that initial consultations are confidential, free and without obligation, and that fees are agreed at the outset on a time or fixed basis.
Ranks 07 to 10
Rank 07

Interpath

Website, Interpath
Rank 08

Menzies LLP

Website, Menzies LLP
Rank 09

Azets

Website, Azets
Rank 10

Moorfields Advisory

Website, Moorfields Advisory

Best Insolvency Firms may earn a commission if you instruct an insolvency firm through a link on this site.

Insolvency firms in your town

234 towns, each showing which practices have a licensed insolvency practitioner nearby, how many, and how far away they are.

View all 234 towns

Compare at a glance

RankFirmBest forMemberships and approvalsGuaranteeBased in
01Begbies TraynorDirectors anywhere in the UKOn the Insolvency Service register · IPA licensed · ICAEW licensed · ICAS licensedNot publishedLondon, Greater London
02FRP AdvisoryInsolvent closures needing bench depthOn the Insolvency Service register · IPA licensed · ICAEW licensedNot publishedCity of London, Greater London
03Clarke BellSmall companies wanting a fixed priceOn the Insolvency Service register · ICAEW licensedNot publishedManchester, Greater Manchester
04QuantumaCompanies with something worth savingOn the Insolvency Service register · IPA licensed · ICAEW licensed · ICAS licensedNot publishedCity of London, Greater London
05Leonard CurtisTrading companies outside LondonOn the Insolvency Service register · IPA licensedNot publishedManchester, Salford
06Opus Restructuring & InsolvencyA named local partner you can drive toOn the Insolvency Service register · IPA licensed · ICAEW licensed · ICAS licensedNot publishedCity of London, Greater London
07InterpathSolvent closures and larger casesOn the Insolvency Service register · IPA licensed · ICAEW licensed · ICAS licensedNot publishedCity of London, Greater London
08Menzies LLPEstablished companies with a bank facilityOn the Insolvency Service register · IPA licensedNot publishedCity of London, Greater London
09AzetsCompanies already using an accountantOn the Insolvency Service register · IPA licensed · ICAEW licensed · ICAS licensedNot publishedCamden, Greater London
10Moorfields AdvisoryIndependent advice without group conflictsOn the Insolvency Service register · IPA licensed · ICAEW licensedNot publishedIslington, Greater London

What the licence actually means

Only a licensed insolvency practitioner can be appointed to wind up a company, take it into administration, act as monitor of a moratorium or supervise a company voluntary arrangement. That is not a professional convention. Section 389 of the Insolvency Act 1986 makes acting as an insolvency practitioner without being qualified an offence punishable by a fine or imprisonment.

Advising you about insolvency, by contrast, is not reserved at all. Anyone can set up as a business rescue adviser, market themselves on the same search terms as a licensed practice, take your call, and then place the case with a practitioner from a panel. That is lawful and sometimes useful, but it means the people you speak to first are not the people who take the appointment, and you are paying for an introduction.

How this list was built

The Insolvency Service publishes a register of insolvency practitioners. It was read on 20 September 2026 and returned 1,413 practitioners working at 441 separate practices once the trading names had been resolved to the businesses behind them.

That register is the first gate. It is not the only one, because an insolvency licence covers personal insolvency as well as corporate, so the large IVA providers hold genuine licences and sit on the register alongside corporate practices. A director trying to close a limited company has no use for an IVA provider, so a second gate checks each practice’s own website for corporate insolvency work, and twenty-five practices were excluded on that test.

What survives is ranked on four things, in order: how many licensed practitioners the firm has, how many council areas it can act in from a real office, how many of the formal procedures it takes appointments in rather than referring out, and whether it acts for owner-managed companies at all.

Where the brochure and the register disagree

Checking the credential rather than repeating the claim is the whole point of this page, so it is worth saying what that turned up.

Begbies Traynor says it has almost 100 licensed insolvency practitioners, and the register counts exactly 100. That is the closest match on the list. Its office network is the other way round: the site advertises more than a hundred locations, its own offices page marks a large share of them as satellite offices open by appointment only, and the register finds practitioners based at 35.

Leonard Curtis claims 30 offices and the register finds 16. FRP claims 33 and the register finds 21. Moorfields lists five and the register finds three. None of that is dishonest. A firm counts every address it can meet you at, while the register counts only where a licensed practitioner is registered, and those are different questions. It is worth knowing which one you are being told.

Two things this page cannot tell you

Inclusion in the register is voluntary. It holds the practitioners who agreed to publication, which means a real practice can be missing from it. Nothing on this site should be read as saying a firm that is not listed here is unlicensed.

The register also does not say who can actually take an appointment. Of the 1,480 practitioners authorised in the UK at 1 January 2026, 1,262 were appointment takers, so more than two hundred licence holders cannot be appointed to anything. Which two hundred is not published. So this page can tell you that a firm employs licensed practitioners, and it cannot tell you that any particular one of them is free to take your case. Ask.

Questions about appointing an insolvency firm

Can a firm be a licensed insolvency practitioner?

No. Section 390 of the Insolvency Act 1986 says a person is not qualified to act unless they are an individual, so no company or LLP can hold an insolvency licence. When a firm calls itself licensed it means it employs or is controlled by licensed people. That is why this page counts practitioners rather than badging firms, and why the first question to ask any firm is which named individual would take the appointment.

Does this list include every licensed insolvency firm in the UK?

No, and it could not. The Insolvency Service's register holds only the practitioners who have agreed to publication of their details, so a firm can employ licensed practitioners and not appear on it at all. Presence on the register proves a licence. Absence proves nothing. If a firm you are considering is not here, ask which recognised professional body licenses its practitioners and check with that body directly.

Why are the Big Four not on this list?

PwC, Deloitte, EY and KPMG all hold large licensed benches and would rank high on bench depth alone, as would Grant Thornton, BDO and RSM. They are left off because their restructuring work arrives through banks, boards and private equity sponsors rather than from a director searching for a liquidator, so putting them here would send the reader somewhere that will not take the case. Interpath appears because it was carved out of KPMG's practice and does publish director-facing guidance on solvent closures.

What is the difference between an insolvency practitioner and a business rescue adviser?

A licence. Giving advice about insolvency is not a reserved activity, so anybody may set up as a business rescue or turnaround adviser without one. Holding office is reserved: acting as liquidator, administrator or supervisor without being qualified is an offence under section 389 of the Insolvency Act 1986 carrying a fine or imprisonment. Unlicensed advisers place the case with a licensed practitioner from a panel, which is lawful, but it means the firm you speak to first is not the firm that takes the appointment.

How are these ten firms ordered?

By the number of licensed insolvency practitioners each firm has on the Insolvency Service register, then by how many council areas it holds an office in, then by the range of procedures it takes appointments in rather than refers out, and last by whether it acts for owner-managed companies rather than only for lenders and boards. Ranks two to four are the best firm for one kind of job each rather than the second, third and fourth best overall. No review scores or star ratings are used anywhere in the ordering.

Why is there no price comparison?

Because a published liquidation price is usually the director's upfront contribution rather than the liquidator's remuneration, which creditors fix later, so a column of figures would compare things that are not the same. Where a firm publishes a figure on its own site it is quoted in that firm's entry with what it is stated to cover. Ask any firm for a written quote naming what is included, what is charged separately as a disbursement, and what happens if the company's assets do not cover the fee.

Do I have to use a firm near me?

No. The appointment is personal to the practitioner rather than to a place, and most of a liquidation happens by post, email and video call. Distance matters for meeting in person, for inspecting assets and trading premises, and for how well the firm knows local agents and valuers. If you would rather start local, the town pages on this site list the firms with a licensed practitioner nearest you and print the distance to each one.

Corrections and suggestions

Run an insolvency practice that belongs on this list?

If something here is out of date, or we missed a firm in the UK, tell us. We read everything.