Insolvency pricing

We do try to avoid this somewhat fatalistic course of action, but unfortunately, it is often the only action open to clients wanting to obtain money owed to them.

Issuing a Statutory Demand - Winding Up / Bankruptcy - £ + VAT*

  • Anticipated disbursements

Process server fees: £ plus vat (Edmund charges £100 flat)

Timescale: Once a statutory demand has been served upon the Debtor, the Debtor has 21 days within which to make payment and thus avoid bankruptcy.

Bankruptcy Petition - £ +VAT*

  • Anticipated disbursements

Process server fees - £ plus vat

Court application fee - £280

Official Receiver Deposit - £990

Representatives fees - will depend upon hearing location, seniority and specialism

Winding Up Petition - £ + VAT

  • Anticipated disbursements

Process server fees - £ plus vat

Court application fee - £280

Official Receiver Deposit - £1600

Representative’s fees - Will depend upon hearing location, seniority and specialism

London Gazette Advertisement - £101.52 plus vat.

The typical timescale to be allowed for obtaining a bankruptcy order / winding up order is 8 - 12 weeks from the date of presentation of the petition.

*Fixed fee includes one attendance at Court but does not include fees for court, process server, advertisement, Official Receiver, Land Registry, bailiff or barristers

Our services include:

Insolvency |  Commercial Litigation  |  Debt |  Solicitors fees  |  Judicial Review |  Probate  |  Share agreements  |  Business