Possessing decades’ worth of experience providing business support services to both individuals and organisations, the team here at Walsh Taylor know the importance of dealing with financial pressure only too well.

From our offices in Leeds, Harrogate, Bradford and Darlington, we have seen first hand how timely advice can massively improve the eventual outcome of the situation and relieve stress.

As the state of insolvency – essentially defined as being unable to pay owed money on time – is often misunderstood, today our experts outline when and why you should enlist in the help of a licensed insolvency practitioner:

There may be a solution

Regardless of how bad things may seem, insolvency practitioners will advise those in charge of all the possible options. Though this does mean that companies may be able to continue trading, we must stress that time is of the essence. Generally the sooner you contact a professional the more likely you are to secure a positive result.

You get closure

Being a Director of a business is stressful enough as it is without the hassles of financial troubles. When this occurs the morale of staff can decrease and a myriad of other issues start to take hold. Despite it being painful initially, the winding down of your organisation will ultimately allow you to walk away and start again afresh if you so wish.

Court procedures are avoided

Whereas you can avoid the process by liquidating your business voluntarily, if a court starts proceedings then you may be required to attend court to settle them.

If you are based in Castleford, Pontefract, Keighley, Knaresborough or the surrounding Yorkshire area and have any questions about the above, please do feel free to get in touch with us today.

You can do so by either calling 03300 244 660 or emailing confidential@www.walshtaylor.co.uk.

Mary Taylor
Director

Mary began working in insolvency for a national accountancy practice in Glasgow thirty years ago and worked in most divisions of the insolvency department.

She then moved to a smaller firm so she could advance her knowledge on a more hands on basis. She moved back to Leeds in 1987 and commenced working with a small firm of accountants and subsequently made partner.

She left in 1999 to set up her own practice, McCann Taylor.
McCann Taylor became involved with the consumer market both in England and Scotland.

Mary sold McCann Taylor in March 2007 and formed Walsh Taylor to concentrate on helping businesses experiencing financial difficulties.

Kate Ellis (neé Breese)
Insolvency Practitioner

Kate has worked in insolvency since 2001 starting out at a firm of solicitors in Leeds and latterly gaining positions within two national accountancy firms.

During this time Kate gained extensive experience in all aspects of personal and corporate insolvency, for the first part of her career specializing in personal insolvency and latterly corporate.

Kate has been with Walsh Taylor since its incorporation in September 2008.

Kate is CPI and JIEB qualified, is experienced in a variety of industries and sectors and is the firm’s joint appointment taker.

Meg Heath
Director

Meg has a background in supporting SMEs, including the raising of finance and advising on organisational change. She is a non-executive director of companies in the private and third sector, including Walsh Taylor.

Previously she was Deputy Fund Director of one of the largest CDFIs in the UK, and has experience of the social enterprise, charity and private sectors. Her experience of assisting companies to survive and thrive has been gained across a broad range of sectors and in companies of all sizes.

In addition to her work at Walsh Taylor she works for other private companies, including non-executive and trustee positions.

Emma Mifsud
Insolvency Practitioner

After graduating from Leeds University in 2005 with a BA Hons degree in Criminology, Emma worked for a regional law firm in both the property department and insolvency and banking department. Whilst doing so Emma gained a Graduate Diploma in Law at BPP University.

Emma then joined a national accountancy firm in 2009 gaining experience in personal insolvency before moving to a Leeds based firm. At this firm Emma specialised in bankruptcies, IVA’s and negotiating informal agreements with creditors. In 2013 Emma gained her CPI qualification.

Since joining the firm in December 2013, Emma has taken on a portfolio of personal and corporate insolvency cases to extend her knowledge and expertise in all areas of insolvency.

In December 2017 Emma become a licensed appointment taker under the Insolvency Practitioners Association, she is JIEB qualified.

Walsh Taylor Finding workable solutions for your financial problems
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