Insolvency Practitioner — Barnet
IQ Insolvency is a boutique Licensed Insolvency Practitioner firm based in Barnet, North London. We provide insolvency and restructuring advice to directors of distressed companies across Barnet, North London, and Hertfordshire.
Why a boutique firm in Barnet
Most UK insolvency advice is delivered by volume firms — large national practices with hundreds of IPs and thousands of cases. The director who calls a volume firm typically speaks first with a triage operator, then a junior case manager, then perhaps a manager — and finally, late in the process, the IP who will actually be appointed. By that point, the director has explained their situation multiple times to multiple people.
IQ Insolvency is built around a different principle: the licensed practitioner you speak to first is the one who sees your case through to the final report. Same adviser, start to finish. No call centres. No handoffs. No junior staff learning on your file. Directors and creditors deal directly with an experienced IP from first call to closure.
Services
- Creditors' Voluntary Liquidation (CVL)Closing an insolvent company. Simple cases — single creditor group, no complex assets.from £2,500 + VAT
- Members' Voluntary Liquidation (MVL)Tax-efficient solvent close-down. BADR-eligible distributions where qualifying.from £2,500 + VAT
- AdministrationRescue procedure for viable distressed businesses. Schedule B1 IA 1986.
- Pre-pack AdministrationPre-arranged business sale completed on appointment day.
- Company Voluntary Arrangement (CVA)Restructuring debt while continuing to trade. 3–5 year arrangement.
- Strike-off advisoryVoluntary dissolution under section 1003 Companies Act 2006 where appropriate.
- Director advisoryPersonal-exposure review — wrongful trading, PGs, director loan accounts.
About Simon Renshaw
- ›Qualified as a Chartered Accountant (ICAEW) in 2005.
- ›JIEB-qualified (Joint Insolvency Examination Board) at first attempt in 2007.
- ›Appointment-taking Insolvency Practitioner since March 2012.
- ›13+ years acting as Liquidator, Administrator and Supervisor on hundreds of UK insolvency engagements.
- ›IPA-licensed; member of R3 (Association of Business Recovery Professionals).
- ›Founded IQ Insolvency in October 2024 following 22 years at established insolvency firms.
For the full bio, see About Simon Renshaw.
Location and catchment
Our trading office is at 6A Nesbitts Alley, First Floor, Barnet EN5 5XG.
We work with directors of companies based in Barnet, the wider North London area, Hertfordshire, and across the UK. Most initial consultations are conducted by telephone or video conference — geography is rarely a constraint on engagement. For directors who prefer in-person meetings, we can host at the Barnet office or travel to the company premises.
The free initial consultation
The first conversation is always free. In that time, we can typically:
- ›Understand your company's situation and identify the principal options.
- ›Discuss the personal-exposure dimension — wrongful trading, personal guarantees, director loan accounts.
- ›Provide an indicative fee for any procedural engagement.
- ›Explain timing, process, and what to expect.
There is no obligation to proceed. Many directors take the initial conversation, gather more information, and proceed at their own pace. Some directors take the conversation and conclude formal procedure isn't necessary — we say so honestly when that's the case.
How to engage
- ›Call 020 8153 1270 (Director Helpline, Monday–Friday 7am–5pm).
- ›Email info@iqinsolvency.com or simon@iqinsolvency.com.
- ›Use the Contact page or the Get a Quote calculator for an indicative fee.
Cases are taken on a first-come, first-served basis. Urgent cases (HMRC winding-up petition, immediate creditor pressure) are prioritised. The boutique structure means we are selective about engagement — we take on cases we can deliver well, rather than maximising volume.
Same adviser. Start to finish.
30–45 minutes by telephone or video. No call centres. No handoffs. The licensed practitioner you speak to first is the one who sees your case through to the final report.
