Help for Directors

All businesses face the occasional financial crisis but when they become a critical problem you need to know exactly where you stand. In our help for directors section, you will find specific information for answering your questions around if you are insolvent, what you need to do if you are and how it will affect you.

Creditors Voluntary Liquidation

What is known as Creditors Voluntary Liquidation is the process that most businesses must go through if they are insolvent. It can be a difficult time for everyone involved, so we have created this special section of our site to give you the important facts about CVLs in a clear and down to earth way so you can see where you stand.

Members Voluntary Liquidation

This is when your company is still solvent, but you (and your fellow directors) decide it is time to call it a day and retire or move on to the next stage of your lives.  With an MVL, you will release the assets and use these funds to pay off the creditors before returning the remaining funds to the shareholders.

About Us

Efficiency, Integrity, Empathy

How we work


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About Us

Insolvency, Liquidation & Recovery - How we work

We cover Leicestershire and Warwickshire and are happy to work further afield.  We’re handily placed to support businesses with insolvency issues throughout the UK.

You might be surprised at how we approach our work.  You might be expecting us to be hard-nosed and unsympathetic - marching into your premises, dictating what you can and what you can’t do!  You couldn’t be more wrong.  Whether we’re dealing with administration, liquidation, re-financing or re-structuring, our approach is the same.  We operate according to three non-negotiable values.  We call them our …

Three Pillars of Principle
Efficiency | Integrity | Empathy


When business is in crisis, there’s no time to waste.  We act quickly and efficiently.  We’ll

We’re committed to clarity.  In other words, we never hide behind jargon.  We know that what matters most is that you understand exactly where you and your business stand.

We always explain your options.  You may be surprised to learn that, however dire your situation seems to be, you almost always have choices.

Our first meeting with you is always free and comes with no obligation.  Our fees are fair and affordable.  Before you engage us, we always ensure that you clearly understand how our fees are structured.


As Insolvency Practitioners, we have clear responsibilities, both legal and ethical to you and to your creditors.  We’re 100% committed to carrying these out in a way that’s both transparent, compliant and fair.


We genuinely understand how stressful and worrying critical businesses situations can be.  We know you don’t need to be molly-coddled.  You need support and advice that’s clear and straightforward.  But you also need an empathetic approach.  Dealing with a business crisis is a heavy burden to bear.  We see our role to ease the pressure of that burden - making sure that all processes are carried out as smoothly, swiftly and with the minimum of stress to you and your colleagues, partners or employees.

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Help for Businesses

Smart Business Recovery are Insolvency Practitioners who can help directors looking for Business Insolvency, Liquidation or Recovery in Leicestershire, ... more

Personal Insolvency Practitioner

We don’t only work with businesses. We apply our experience and know-how to help people in personal financial difficulty. Are you struggling to ... more

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Find out more about how we can support you when times are tough.  We’re here to help with clear, straightforward support.

Call us on 0116 2325117 (Leicester), 01926 671891 (Warwick), 02476 017639 (Coventry), 01604 263179 (Northampton) or email us on