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How safe is my money in a Members’ Voluntary Liquidation?

Last updated: January 13, 2023

The Answer

It is very safe.

We bank with Arbuthnot Latham who are an established UK private bank. All client funds are held in separate client accounts. One for each case. Funds are not mixed. You are welcome to contact them direct to confirm this.

We are Licensed Insolvency Practitioners Licensed by the Institute of Chartered Accountants in England and Wales. You are welcome to contact them directly to confirm our registration. Our firm number is C002434222. The company name is K H One Ltd t/a “Kirks”.

We have Professional Indemnity Insurance (“PII”) cover renewed annually via Towergate Insurance brokers. We have been using the same firm since we started in 1992.

We are bonded by Marsh Ltd an insurance firm founded 145 years ago based in Birmingham. They are a globally recognised insurance specialist. They cover the funds on each insolvency case in the event of loss or fraud. You are welcome to contact them direct to confirm that they bond our firm.

David Kirk’s Insolvency Service IP number is 8830.  Wendy George’s IP number is 24174 and Daniel Jeeves’ IP number is 26032.  You can check our registration with the Insolvency Service by going to the government website:

https://www.gov.uk/find-an-insolvency-practitioner

 

tip

If you need insolvency advice the earlier you talk to someone like us the better as you will have more options. We can help, contact us today.

More questions in this section

Are Insolvency Payments Taxable?

Tax Advice For Members Voluntary Liquidations

What Are The Five Key Tax Hurdles Of A Members Voluntary Liquidation?

How Much Does A Members Voluntary Liquidation Cost?

What Is A Members Voluntary Liquidation (MVL)?

Members Voluntary Liquidation

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Author: David Kirk - ACA FABRP
Everything you need can be done online.
No need to meet anyone in person.
We cover all of England and Wales.
Just a quick email to say a heartfelt thank you for your very calm, considered, expert advice regarding my circumstances on Tuesday. Things looked bleak before you explained my options much more clearly, in simple layman’s terms.
Rob Elliott (December 2021)
Kirks and their team recently advised me on the Members Voluntary Liquidation (‘MVL’) process. They made it very simple for me to understand the process, they kept me up to date with progress throughout the liquidation and expertly answered any queries I had. All interactions with Kirks were highly professional and it gave me confidence that my liquidation was safe in their hands. They promised a straightforward process and certainly delivered – I highly recommend the team at Kirks to assist with your MVL.
Daniel (October 2020)
Kirks provided a very efficient and cost effective service. They offered support and advice throughout the process and made prompt payments. It was a very professional and helpful service.
Richard (September 2020)
We have just had the pleasure of working with Kirks, to complete the closure of my company, everything went smoothly and professionally. I would recommend this company and the staff very very helpful and quickly finalised everything. Thank you Kirks.
Carol Hill (November 2019)
I found you very professional in all my dealings with you. You were knowledgeable and dealt with my case expediently. You answered all my queries on the way in full and everything happened as you said it would in he time frames you outlined in the very beginning. I would have no hesitation in commending you and your company to others
Allan M (May 2019)
We appointed Kirks to manage the process of an MVL when we had ceased trading and found their service to be very straightforward and thorough. A fixed fee arrangement provided us with reassurance and David explained the process clearly to us at the outset. A very professional service all round
David Mills (April 2019)DM digital Solutions
Thanks for all your help guys and for being quick in replying to phone calls and emails
Anon (April 2019)
I have found Kirks Insolvency to be very reliable in terms of their dealings with us as their customers. They are clear in terms of the process and what it entails and are very prompt when it comes to communications. I would recommend their services.
Michale P (March 2019)
I was very impressed with the speed and efficiency with which Kirks undertook the MVL and their help and assistance in explaining the process and resolving any queries.
Anon (March 2019)
Before meeting with Kirks, I had already met with a number of other insolvency practitioners none of whom I considered to be as clear cut and up front as David. The liquidation was executed quickly and professionally and I really am happy that I have done it.
Anon (February 2019)
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Just a quick email to say a heartfelt thank you for your very calm, considered, expert advice regarding my circumstances on Tuesday. Things looked bleak before you explained my options much more clearly, in simple layman’s terms.
Rob Elliott (14th December 2021)

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David Kirk

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