Harrisons' ('the Practice') - A brief History

• The Practice was formed in 1994 in Reading as a boutique insolvency firm specialising in larger, more complex insolvency assignments for a number of foreign owned banks.
• A truly independent, privately owned Practice, based on current statistics, ranked in the top 20 in the country in terms of volume of corporate insolvency assignments.
• A strong personal insolvency department with particular emphasis on managing the affairs of high net worth individuals and more complex bankruptcy work.
•  Five licence holders and Partners whose backgrounds extend to BDO Stoy Hayward, Ernst and Young and Kingston Smith.
• In addition to the Partners, a fully qualified in–house Insolvency Solicitor and Insolvency Practitioner.
• The Practice currently operates from seven offices and two associate offices, providing genuine national coverage and the ability to service large and more complex insolvency assignments to include those of a multi-site nature.
• Existing relationships with both Bank and independent Factors & Discounters with whom we work very closely to protect their interests and ensure the best return possible.
• Regionally based offices working closely with local Account Managers to make introductions to a number of our key contacts/introducers in the local area to provide a wider scope for generating sales opportunities.
• Refinancing division, businessrecoveryadvice, (see www.businessrecoveryadvice.co.uk), providing genuine sales opportunities.

 Services

• Take appointments as office holder in respect of all formal insolvency appointments.
• Pre Lend audits, independent business/viability reviews conducted on behalf of the Factor & Discounter. See (other services) section of this website for further details.
• Turnaround and monitoring solutions. See (other services) section of this website for further details.
• Refinancing division, businessrecoveryadvice.
• Unique in house legal services department. See (other services) section of this website for further details. 

Why Use Harrisons?

• The growth of the Practice has been very much based on forming very close relationships with our contacts/introducers of work.  We are extremely conscious to protect our clients interests and ensure the most favourable return available. 
• Dedicated Factor & Discounting Partner providing not only a personal relationship aspect to the insolvency process, but also a direct contact with full knowledge of the cases involving your customers, providing  streamlined communication and reporting procedures.
• Factor & Discounting Partner supported by Partners with cumulatively in excess of 100 years of insolvency and recovery experience.
• Recognition that speed of response, focus and resolve are often essential in our working environment.
• Database of in excess of 2000 parties interested in acquiring businesses and assets that may be available for sale by us, thus enhancing the likely level of recoveries as well as providing the best possibility for survival of businesses. See Business and Assets For Sale section of this website.
• Refinancing division; businessrecoveryadvice, which provides support in formal insolvency procedures both to purchasers in finding funding solutions and consequently referral opportunities to Factors & Discounters for potential new clients.
• businessrecoveryadvice also provides refinancing to clients referred directly through the website and other contacts, to include finding new homes for clients who may no longer fit the incumbent Factor & Discounters lending criteria and may or may not require a the need to go through a formal insolvency process. 
• Harrisons has invested significantly in IT enabling it to provide cost effective controlled case administration resulting in the best possible return to the Factor & Discounter. See the (Harrisons Pledge) section of this website.
•  A robust and consistent reporting package that can be adapted to accommodate the specific criteria of the Factor & Discounter and thereby provide an audit trail of the conduct of the insolvency assignment in line with internal reporting requirements.
• • Fully qualified in-house insolvency solicitor/ legal department, (see Other Services section of this website). This provides total flexibility, speed of response, effectiveness and eliminates additional communication/ reporting lines.
• • A strong and experienced back office which enables effective case management and ensures problems are promptly identified and resolved.
  

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