Business Details
20 Years
experience
Expert Insolvency Solutions in Matlock
Seneca I P, established in 2006, is a boutique insolvency practice based in Tansley, Derbyshire. Our team of nine professionals brings over 90 years of combined experience in business recovery and insolvency, serving clients nationally across England and Wales. We specialise in guiding businesses and individuals through financial difficulties, offering tailored solutions such as liquidation, administration, and voluntary arrangements. Our approach prioritises empathy and professionalism, ensuring clients receive clear, actionable advice. Accredited by leading industry bodies, including the Insolvency Practitioners Association and R3, we uphold the highest standards of expertise and integrity.With a focus on preserving value and minimising disruption, we have successfully supported numerous clients in navigating complex insolvency processes. Our commitment to transparency and client-centric service has earned us a reputation for reliability and trustworthiness. We provide free initial consultations and operate from modern offices in the Midlands, with flexible support options for urgent needs. Our international network enables us to handle cross-border insolvency matters efficiently. Seneca remains dedicated to delivering practical, results-driven solutions for businesses and individuals facing financial challenges.
Services
Liquidation
Administration
Company Voluntary Arrangement
Individual Voluntary Arrangement
Bankruptcy Procedures
Moratorium Support
Refinancing
Receivership
Details
- Year established: 2006
Highlights and features
- We have over 90 years combined experience in insolvency.
- Our team provides free initial consultations for urgent needs.
- We operate nationally with a focus on local client relationships.
- Our empathetic approach prioritises staff and client well-being.
- We hold accreditations from leading industry bodies.
Associations and certifications
- Insolvency Practitioners Association (IPA)
- The Insolvency Service
- R3 (Association of Business Recovery Professionals)
- Turnaround Management Association (TMA)
- INSOL Europe
What people say
Empathic handling of staff
Professionalism second to none
Exceptional guidance
Knowledgeable team
Stress-free process
Services
Liquidation
Liquidation involves closing an insolvent company by selling its assets to repay creditors. Our licensed insolvency practitioners guide businesses through Creditors Voluntary Liquidation (CVL) or compulsory processes, ensuring compliance and minimising director liability. We prioritise transparent communication with stakeholders, including staff and creditors, to achieve orderly resolutions. Our teams expertise ensures adherence to legal requirements while protecting client interests.
Administration
Administration provides protection from creditors while restructuring a struggling business. We formulate recovery plans to preserve value, either through a sale or operational turnaround. Our practitioners work closely with management to implement strategies that maximise returns for creditors. This process includes court filings, creditor negotiations, and post-administration support to ensure sustainable outcomes.
Company Voluntary Arrangement
A Company Voluntary Arrangement (CVA) allows insolvent businesses to settle debts through structured payments. We assist directors in drafting proposals approved by creditors, enabling continued trading under revised terms. Our role includes nominee and supervisory responsibilities, ensuring compliance with agreed repayment schedules. This solution prioritises business continuity while addressing financial obligations.
Individual Voluntary Arrangement
Individual Voluntary Arrangements (IVAs) offer a legally binding alternative to bankruptcy for personal debt. We negotiate repayment plans tailored to clients financial capacity, typically over five years. Our team acts as nominee and supervisor, managing creditor communications and ensuring adherence to agreed terms. IVAs protect assets while providing a clear path to debt resolution.
Moratorium Support
Moratorium provides temporary protection from creditor action, allowing businesses to explore recovery options. We oversee this 20-day period (extendable) to assess restructuring or insolvency alternatives. Directors retain control while our experts evaluate viable strategies. This process includes court filings and stakeholder coordination to maximise business survival chances.
People
John Hedger
Director & Insolvency Practitioner
John Hedger is a licensed insolvency practitioner with decades of experience in corporate recovery. He specialises in liquidation and administration procedures, guiding businesses through complex financial challenges. His expertise ensures compliance with regulatory standards while prioritising client outcomes.
James Annerson
Insolvency Practitioner
James Annerson supports clients in restructuring and insolvency matters, with a focus on creditor negotiations and voluntary arrangements. His client-centric approach ensures clear communication and practical solutions for businesses in distress.
Questions
What insolvency options are available for my business?
We offer liquidation, administration, Company Voluntary Arrangements, and moratoriums, tailored to your business’s financial situation.
How does a Company Voluntary Arrangement work?
A CVA allows debt restructuring through creditor-approved payments, enabling continued trading under revised terms.
Can I get free initial advice?
Yes, we provide free consultations to assess your situation and recommend appropriate solutions.
How are creditors treated during liquidation?
We ensure transparent communication and fair asset distribution to creditors while supporting affected staff.
Do you handle cross-border insolvency cases?
Yes, our international network supports overseas and EU insolvency matters through partnerships like INSOL Europe.
