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Insolvency Practitioner — Hertfordshire

Simon Renshaw
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Simon Renshaw
Licensed Insolvency Practitioner
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4 min read
Published 11 May 2026

IQ Insolvency is a boutique Licensed Insolvency Practitioner firm serving Hertfordshire and the wider North London catchment. Based in Barnet (EN5 5XG) immediately adjacent to the Hertfordshire border, we work with directors of distressed companies across Watford, St Albans, Hertford, Borehamwood, Bushey, Radlett, Hitchin and Stevenage.

Founded by Simon Renshaw, ICAEW Chartered Accountant and IPA-regulated IP with 13+ years of appointment-taking experience.

Hertfordshire catchment
Barnet office · EN5 5XG · immediately adjacent to county border
Watford
Largest Herts town. SW Herts commercial centre.
St Albans
Historic city. Professional services and SME base.
Borehamwood
Immediate South Herts — 5 min drive.
Bushey & Radlett
South Herts catchment, direct rail links.
Hertford
Central Herts — county town.
Welwyn / Hatfield
Central Herts business parks.
Hitchin
North Herts catchment.
Stevenage
North Herts — major commercial town.
02 · The boutique structure

What makes us different

Most UK insolvency advice is delivered by volume firms — large national practices with hundreds of IPs and thousands of active cases. The director who calls a volume firm typically speaks first with a triage operator, then a junior case manager, then a manager — and finally, late in the engagement, the IP who is formally appointed. By that stage, the director has explained their situation multiple times to multiple people.

IQ Insolvency is structured differently:

  • Same adviser start to finish — the licensed practitioner you speak to first is the one who sees your case through to the final report.
  • No call centres — directors speak directly to an experienced IP from the first call.
  • No handoffs — your case isn’t passed to junior staff after the initial conversation.
  • Boutique scale — we are selective about engagement; cases we take on get senior attention.
03 · Full range of corporate procedures

Services

  • Creditors’ Voluntary Liquidation (CVL) — simple cases from £2,500 + VAT.
  • Members’ Voluntary Liquidation (MVL) — tax-efficient solvent close-down from £2,500 + VAT.
  • Administration — rescue procedure for viable distressed businesses.
  • Pre-pack Administration — pre-arranged business sale.
  • Company Voluntary Arrangement (CVA) — restructuring while continuing to trade.
  • Strike-off advisory — voluntary dissolution where appropriate.
  • Director advisory — personal-exposure review for distressed directors.
04 · Three typical patterns

Common Hertfordshire engagement scenarios

Watford technology company closing through CVL

Many Hertfordshire businesses are technology / professional services SMEs. When such a business fails — typically from contract loss, runway exhaustion, or cashflow crisis — we handle the CVL procedure end-to-end. Personal-exposure review for directors, BBL position analysis, R&D credit treatment, employee redundancy support.

St Albans MVL for solvent retirement

St Albans has a substantial cohort of contractor companies and professional services SMEs. Where directors are retiring or pivoting away from their business, MVL is typically the right close-down route — reserves distributed as capital, BADR-eligible (14% effective from April 2025; rising to 18% from April 2026) where qualifying. We handle the procedure including statutory declaration of solvency, liquidator appointment, distribution, and dissolution.

Borehamwood / Radlett property developer in distress

South Herts has substantial property developer activity. Failed development projects (typically through cost overruns, delays, or market deterioration) often need urgent administration or CVL support. We work with developer directors on specific issues: secured lender position, deposit holder claims, contractor liens, SPV structures.

05 · Barnet office · EN5 5XG

Location

  • 6A Nesbitts Alley, First Floor, Barnet, EN5 5XG.
  • Direct rail and road access from Hertfordshire — 15–25 minutes from most South / Central Hertfordshire locations.
  • Most initial consultations conducted by telephone or video; in-person meetings available at the Barnet office or at company premises where useful.

Registered office for IQ Insolvency Limited: 14th Floor, 33 Cavendish Square, London W1G 0PW. Company number 12881088. VAT GB 395 9117 53.

06 · Free initial consultation

How to engage

The first conversation is always free — 30–45 minutes by telephone or video. To book:

  • Call 020 8153 1270 (Monday–Friday 7am–5pm).
  • Email info@iqinsolvency.com or simon@iqinsolvency.com.
  • Use Contact or Get a Quote for indicative pricing.

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. See About Simon Renshaw, Contact, Get a Quote, IP — Barnet, or IP — North London.

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.
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Where to go next

About Simon Renshaw
Bio, qualifications, and appointment-taking track record.
Read →
IP — Barnet
Sister local page — the Barnet trading office.
Read →
IP — North London
The wider North London catchment.
Read →