Bespoke Insolvency Solutions For Everyone

In times of uncertainty, Harveys Insolvency & Turnaround is by your side to help support & guide you through your financial difficulties. 

Services

How can Harveys Insolvency & Turnaround help you?

We understand the stress & pressure that can be brought on by financial difficulties – be that within your business or personal circumstances. Harveys Insolvency & Turnaround staff are specialists who work alongside all clients to find bespoke solutions to financial difficulties. This can range from a full corporate restructure, a turnaround solution, closing a business at the end of its life or resolving a dispute. Our dedicated team have far reaching skills to meet any insolvency or turnaround requirements.

At times of pressure, it is important that advice & help is sought from a properly qualified professional. Harveys is led by a licensed insolvency practitioner who provides all technical advice. Our team have years of experience in delivering fully bespoke solutions to help all types of clients from PLCs, limited companies, partnerships, sole traders, or personal debt issues. No matter your industry, Harveys is by your side to help you find light at the end of the tunnel. 

Our insolvency experts are here when you need them.

Sometimes closing your business is the only option & we know this can be stressful & full of worry. Whilst the exit route is dictated by insolvency law, Harveys' combined technical & practical delivery will guide you efficiently through the quagmire & ease the pressure. 

Rescue is always the first consideration when we give advice. Use our specialist skills & experience to identify & to tell you how to rescue & recover from difficulties and avoid a negative outcome. We are experts in helping businesses turn their finances around. 

Sometime you cannot see the wood for the trees. Businesses & lenders may need our expertise to identify & resolve their concerns or problems. Our Independent Business Review or Financial Advisory service can help you achieve your goals. 

We specialise in helping high asset individuals with cash flow difficulties, sole or partnership traders tackle financial problems, or directors who have personal guarantees called upon. We establish & guide you towards your best possible solution. 

About us

Solvent Closure? 

If your business is solvent but at the end of its usefulness or life, there are a multitude of issues you will be considering . In many situations a Members Voluntary Liquidation - a solvent winding up - would be appropriate. 

 This process provides the right legal solution and in many cases triggers tax savings, is highly cost effective and deals with risk for directors.   We work with your accountant, solicitor or advisor to create a bespoke & timely closure and wind-down.

Harveys News

At Harveys we like to practice what we preach. Our insolvency practitioners are some of the most experienced in the industry and we will always aim to provide a valuable resolution to our clients and one that is right before anything else, including profit. For that reason we have put together our news and blog section to help keep our customers up to speed and informed on all the latest changes within the insolvency industry as well as useful tips, tricks, and guides to keep your business compliant and help you with your financial difficulties. 
By debiharvey 10 Jul, 2023
Frequently Asked Questions - Creditors and Customers of  137 Eat Drink Distil A trading style of Lumber Distillers Limited
By debiharvey 30 Jun, 2023
Frequently Asked Questions - Creditors and Customers Hope Fashion  A trading style of NM Hope Limited
By debiharvey 09 Jun, 2023
Creditors and Customers of Hope Fashion A trading style of NM Hope Limited Frequently Asked Questions Index of FAQ’s 1. Refund Due for returned items 2. Order not received 3. Gift Vouchers 4. Prospects of creditors being paid in the Liquidation 5. I am owed money, but have not received a notice of the Liquidation 6. Who gets paid first in this Liquidation? 7. Will Hope Fashion open again? 8. How can I get in touch with former Directors and staff of Hope Fashion 9. Hope Fashion Website 10. Liquidation process explained. 1. Refund Due for returned items Hope Fashion made its best endeavours to ensure that all identified consumer refund were processed prior to creasing to trade. In the event that you have not received a refund, you will be an unsecured creditor in the Liquidation proceedings. Please see the FAQ ‘I am owed money, but have not received a notice of the liquidation’ for what to do. In addition, if you have paid for goods by credit or debit card and they are not received, you may be able to get your money back by claiming a refund from your card issuer. Please contact your card issuer as soon as you can if this applies to you. Further information including time limits, is available from Money Helper website at: https://www.moneyhelper.org.uk/en/everyday-money/credit-and-purchases/how-youre-protected-when-you-pay-by-card 2. Order not received The website closed for orders at 1pm om 9 June 2023. All orders, for which payment was received, have been dispatched by Hope Fashion prior to ceasing to trade. If Hope Fashion was unable to complete delivery of your order, it will have refunded your payment prior to ceasing to trade. Please allow a few days for the payment to have been transacted. In the event that you have not received a refund or your order, you will be an unsecured creditor in the Liquidation proceedings. Please see the FAQ ‘I am owed money, but have not received a notice of the liquidation’ for what to do. If you have paid for goods by credit or debit card and they are not received, you may be able to get your money back by claiming a refund from your card issuer. Please contact your card issuer as soon as you can if this applies to you. Further information, including time limits, is available from Money Helper website at: https://www.moneyhelper.org.uk/en/everyday-money/credit-and-purchases/how-youre-protected-when-you-pay-by-card 3. Gift Vouchers Hope Fashion can no longer honour its gift vouchers or any credits held. Any sum due to you for the gift voucher or credit you will rank as an unsecured creditor in the Liquidation proceedings. Please see the FAQ ‘I am owed money, but have not received a notice of the liquidation’ for what to do. In addition, if the voucher was paid for by credit or debit card the purchaser may be able to get the money back by claiming a refund from the card issuer. Please arrange for the card holder to contact their card issuer as soon as you can if this applies. Further information, including time limits, is available from Money Helper website at: https://www.moneyhelper.org.uk/en/everyday-money/credit-and-purchases/how-youre-protected-when-you-pay-by-card 4. Prospects of creditors being paid in the Liquidation Based on current information it is not anticipated that any monies will become available to the unsecured creditors. Please see ‘Who gets paid first in this Liquidation’. If this position changes, creditors will be advised in future communications from the liquidator. 5. I am owed money, but have not received a notice of the Liquidation If you are a creditor (owed money by the Company) and have not received notice of the intention to place the Company into Creditors Voluntary Liquidation on 28 June 2023 or the commencement of the Liquidation thereon please email Josie@HarveyInsolvency.co.uk with your details. The following information is required in your email: Name Address Email Telephone Number Amount due to you Evidence of the sum due (ie if a returned item, the postage receipt and details of your order returned) How do you want us to respond to you, by email/by letter. We will respond to you by email, unless stated otherwise by you. We will provide you with a copy of the last notice sent to creditors and access to the creditors online portal. This portal provides copies of all documentation made available to creditors throughout the liquidation proceedings for no less than three months from being issued. 6. Who gets paid first in this Liquidation? The priority of payments in insolvency is stated by legislation under the Insolvency Act 1986. In this matter the order is as follows: - 1. Costs Expenses and costs of the liquidation proceedings. 2. Preferential Creditors Employee (PAYE) wages to £800 and accrued holiday pay. 3. Secondary Preferential Creditors HMRC for VAT, PAYE & employee NIC deductions. 4. Unsecured Creditors All other parties ‘owed’ money by the Company. 7. Will Hope Fashion open again Efforts to sell the Hope Fashion as a going concern have been unsuccessful to date. It is highly unlikely that Hope Fashion will trade as it has done in the past. 8. How can I get in touch with former people at Hope Fashion Individual data of staff, Directors and customers of Hope Fashion is protected by GDPR and the liquidator or any other party associated with Hope Fashion are unable to answer these questions. However, the liquidator will pass on details of parties to the former management where sought. It is at the discretion of the recipient whether contact is made. Please email Josie@HarveyInsolvency.co.uk with your request. 9. Hope Fashion Website From 9 June 2023 no further sales will be made from the website. The website is part of the intangible assets of the Company and are for sale. The website will eventually close or come under the control of a new owner. 10. Liquidation process explained On 9 June 2023 notices have been sent to the owners (shareholders) and creditors (people who are known to be owed money) that the Company will be liquidated on 28 June 2023. On 28 June 2023, the Company will be placed into Creditors Voluntary Liquidation by the shareholders. Creditors are anticipated to have given their deemed consent to the appointment of the members liquidator. In the intervening period to Directors will conduct their duties and prepare for the winding of the Company. Harveys Insolvency & Turnaround of 2 Old Bath Road, Newbury, Berkshire, RG14 1QL have been engaged to assist the Directors with this process and their Insolvency Practitioner Debi Harvey is anticipated to be appointed Liquidator. Initial contact, where required should be made by email to Josie Badman at Josie@HarveyInsolvency.co.uk . Debi Harvey is an insolvency practitioner licensed by the Institute of Chartered Accountants England & Wales under licence number 12150 and she and her firm are bound by the Insolvency Code of Ethics. D J Harvey Harveys Insolvency & Turnaround Limited 9 June 2023
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Helping one customer at a time...

We have helped a huge range of clients, from solo traders & small businesses through to medium & large companies. We know every business has its own personality & we create a bespoke solution to your problems. We know we provide excellent results - but don’t just take our word for it, check out some of our previous clients or head over to our testimonial page to see what they had to say about us.

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“…anyone using Harvey’s services can be confident that they have engaged a true professional dedicated to protecting, & fighting for, her client’s best interests.” 

 PW, Director

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