Why put your business and livelihood at risk ?

 14th Mar 2015

Would you give the keys of your car to an unlicensed and uninsured driver ? For most of us the answer would be a resounding no, but many business owners are still prepared to risk the future of their businesses and livelihoods to unregulated advisors.

David Meany of Licensed Business Recovery and Insolvency Practitioners, Ashtons said that "Directors and business owners should be wary of promises of quick fixes from unregulated advisors who claim to be acting in their best interests. Here at Ashtons our clients can have confidence that they are dealing with a Practice which is authorised and regulated by the ICAEW, our advice is backed up with Professional Indemnity Insurance and Bonding is in place to protect stakeholders on all of our appointments under the Insolvency Act 1986. However, Directors and business owners who use the services of unregulated advisors are potentially putting their businesses and livelihoods at risk with little recourse or protection if things go wrong."

If you are unsure about whether an Insolvency Practitioner is authorised and regulated you can check online using the following link https://www.insolvencydirect.bis.gov.uk/fip1/ 

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Ashtons and Ashtons Recovery are trading styles of Ashtons Business Recovery Ltd, Registered in England & Wales No: 06132474. A list of those Directors who are regulated and authorised by the Institute of Chartered Accountants in England & Wales is available at the Registered Office at: Towngate House, 2-8 Parkstone Road, Poole, Dorset BH15 2PW
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