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Licensed insolvency practitioner for Enfield and North London

Simon Renshaw
Author
Simon Renshaw
Licensed Insolvency Practitioner
Reading
10 min read
Published 1 June 2026

IQ Insolvency serves directors of companies based in Enfield, Edmonton, Palmers Green, Southgate, Winchmore Hill, and the surrounding North London catchment. Same-day consultations with the JIEB-licensed insolvency practitioner — Simon Renshaw — and a direct line to the practitioner who will handle the appointment from first call to final report.

Enfield’s commercial profile is distinctive: substantial manufacturing and distribution presence around the Innova Park and Brimsdown industrial estates, alongside extensive owner-managed services and retail businesses across the borough. The challenges these directors face are familiar — HMRC enforcement, supplier and customer chain pressure, business rates and lease obligations on industrial premises, and the personal guarantee exposure that follows years of trading. What differs is the value of accessible, locally-connected, direct expertise.

02 · Five differentiators

Why directors choose IQ Insolvency

  • Direct access to the licensed practitioner — Simon Renshaw, JIEB-licensed since 2007, appointment-taking since March 2012.
  • Same-day consultations — typically within 24 hours; same-day where the position is urgent.
  • Chartered accountant background (ICAEW 2005) — combined accounting, tax, and insolvency analysis from a single source.
  • Practical strategic advice — formal procedures are recommended only where they are the right tool. Where alternatives exist, those are addressed first.
  • Continuity — the practitioner who answers the first call is the practitioner who handles the appointment throughout, signs the conduct report, and conducts the closing meeting.
03 · The full toolkit

Services available to Enfield-area companies

Services available — Enfield
Same-day consultations
CVL
Creditors Voluntary Liquidation
The standard route for insolvent owner-managed companies. s.84 resolution, s.100 decision procedure, statutory distribution.
6–12 month typical
MVL
Members Voluntary Liquidation
Solvent close-out for tax-efficient distribution of reserves. BADR 14% from April 2025, 18% from April 2026.
Solvent companies
ADM
Administration
Where rescue or a better-than-liquidation outcome is realistic. Statutory purpose under Sch.B1 IA 1986.
Sch.B1 IA 1986
CVA
Company Voluntary Arrangement
Statutory compromise preserving the trading entity. 75% creditor vote by value binds the rest.
75% threshold
DIR
Director duties advice
Pre-appointment strategic advice. ss.171–177 CA 2006 and the creditor-interest duty post-Sequana.
BTI v Sequana [2022]
04 · Recurring fact patterns

Common Enfield-area director situations

  • Distribution and logistics businesses operating from the Brimsdown and Innova Park estates — tight margin businesses sensitive to customer payment defaults and fuel/labour cost spikes.
  • Manufacturing and engineering SMEs facing supply chain disruption, customer bad debts, and rising input costs.
  • Owner-managed retail businesses across Enfield Town and Edmonton — operating on tight margins with rent and rates pressure and personal guarantee exposure.
  • Construction and trades companies — CIS deduction issues, retentions, and main contractor insolvency exposure.
  • Hospitality businesses recovering from COVID-era distress with failed HMRC Time to Pay arrangements.
  • Family-run businesses facing succession, partnership breakdown, or director departure where the company can no longer support the historic cost structure.
05 · From Barnet base

Coverage and practicalities

IQ Insolvency operates from Barnet (6A Nesbitts Alley, First Floor, Barnet EN5 5XG), within direct reach of the Enfield area:

  • Enfield Town to Barnet — approximately 20 minutes via the A110 / A1000.
  • Edmonton, Palmers Green, Winchmore Hill — 15–25 minutes.
  • Brimsdown, Ponders End, Enfield Lock — 25–30 minutes.

Initial consultations are typically held by telephone or video. Subsequent meetings — including any s.100 IA 1986 creditors' decision procedure — are arranged at convenient locations. Most owner-managed company appointments do not require frequent face-to-face attendance once the procedure is underway.

06 · From first call to appointment

Engagement process

  • Initial call — direct to Simon Renshaw on 020 8153 1270. Confidential, free, typically resolves the diagnostic question.
  • Written summary of position and recommended approach within 24 hours where formal engagement follows.
  • CVL, MVL or administration — procedural steps coordinated and appointment taken, typically within 7–14 days.
  • Throughout the appointment, direct contact maintained. Email simon@iqinsolvency.com or call 020 8153 1270.
07 · The licensing position

Regulation and credentials

Simon Renshaw is licensed by the Insolvency Practitioners Association (IPA) under the JIEB qualification (passed first attempt, 2007). Chartered Accountant (ICAEW, 2005). IQ Insolvency Ltd registered at Companies House under company number 12881088 (VAT GB 395 9117 53). Member of R3 — the insolvency profession trade association.

Formal appointments are conducted under the IPA regulatory regime, with SIP-compliant procedures and full insurance cover. Conduct is governed by the Insolvency Code of Ethics and the Statements of Insolvency Practice.

08 · How to speak to a licensed IP

Contact

  • Phone — 020 8153 1270 (Monday to Friday, 7am–5pm).
  • Email — simon@iqinsolvency.com or info@iqinsolvency.com.
  • Trading address — 6A Nesbitts Alley, First Floor, Barnet EN5 5XG.
  • Registered office — 14th Floor, 33 Cavendish Square, London W1G 0PW.
Simon Renshaw
About the author
Simon Renshaw
Licensed Insolvency Practitioner · IPA No. 9712 · 30+ years' practice across CVL, MVL, administration, CVA and HMRC tax-debt resolution.
Full bio
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