Welcome to Approved Recovery.

Expert Insolvency Practitioners for UK Small Businesses

Welcome to Approved Recovery. We are Licensed Insolvency Practitioners based in Portsmouth, Hampshire, specialising in online liquidations and company closure solutions for small businesses nationwide.

Marcus provided me with an excellent service. Marcus gave me very clear and knowledgeable advice from the outset and kept me informed throughout the liquidation process. He went out of his way to ensure completion of my company’s MVL within the budget deadline. I have received an outstanding service and highly recommend Approved Recovery.

Ian Stewart

Find the Right Solution Quickly

If your business is facing financial pressures and you’re unsure what to do next, it can feel overwhelming. Approved Recovery is here to provide expert and compassionate support to guide you through the process. Choose from one of our quick options below or read on for more about us and what we do.

Dissolve my company

If you’ve decided your company can’t continue trading, a formal closure process may be the most straightforward way forward.

Rescue my company

If you believe your business could recover with the right support, we have solutions that may help you trade out of difficulty.

Not sure yet

If you’re uncertain, that’s perfectly normal. We’ll assess your situation and explain your options clearly.

Our Services

We specialise in providing cost effective liquidations to small companies nationwide, delivering exceptional client service and maximising returns to creditors and shareholders. Contact us for a free no obligation consultation.

Creditors’ Voluntary Liquidations (CVL)

A voluntary, director-led process to close an insolvent company, whereby assets are sold to repay creditors.

Members’ Voluntary Liquidations (MVL)

A voluntary, director-led process to close an insolvent company, whereby assets are sold to repay creditors.

HMRC Time To Pay Plans

A voluntary, director-led process to close an insolvent company, whereby assets are sold to repay creditors.

Tax & MVLs

A voluntary, director-led process to close an insolvent company, whereby assets are sold to repay creditors.

Why work with Approved Recovery?

Dedicated & Experienced Team

Over 17 years’ experience in the insolvency sector, specialising in online liquidations.

Personal Service

We go beyond statutory requirements, keeping directors and shareholders updated at every stage.

Licensed & Regulated

Licensed by the Insolvency Practitioners Association with an exemplary compliance record.

Fast & Efficient

We’ve invested in technology to ensure speed and accuracy, with early MVL distributions possible in two business days.

Transparent & Low Cost

Fixed fee pricing that maximises returns for creditors and shareholders.

Speed and Simplicity

We only provide Liquidation services to our clients. We’ve invested heavily in information technology to ensure optimum efficiency.

Experienced and reliable service for small business

Speak with a Licensed Insolvency Practitioner

We are a small business dedicated to providing exceptional client service. Contact us today and we will be happy to discuss your needs.

Step 1.

Start with a free, no-obligation call with a Licensed Insolvency Practitioner.

Step 2.

Once you choose to proceed, we prepare all required documents and filings electronically saving you time and keeping costs low.

Step 3.

We manage all statutory steps, communicate with HMRC and creditors, and keep you informed at every stage.

Approved Recovery is rated 5 out of 5 on Google Reviews.

Highly Rated by Our Clients

You can read our insolvency practitioner reviews below, and if you would like to leave us a review please do so on Google here. We value client feedback about our insolvency services.

I approached Approved Recovery during a difficult period for my business and asked them to provide advice and guidance on the most appropriate next steps. Marcus was diligent and candid in his advice and really helped me in my time of need throughout the process. I couldn’t have wished for a better provider.

As a qualified management accountant, it is important that any professional advisors I use or recommend to clients meet the standards I expect.
Approved Recovery Limited are professional, very knowledgeable and provide a personal service. I highly recommend their services.

I decided to appoint Approved Recovery after a consultation with Marcus Tout, a licensed liquidator and the founder of Approved Recovery, during which he calmly explained that a liquidator protects the interests of the creditors (not the shareholders) and described how providing certain types of advise would conflict with those interests. This was vastly different from the ‘conveyor belt’ approach proposed by other liquidation practitioners on the market, and I found it reassuring.

The level of service provided by Approved Recovery was truly outstanding and often cannot be found in even the most prestigious professional services firms. Marcus Tout is extraordinarily knowledgeable, highly professional and very responsive. I was extremely impressed with Approved Recovery, and I would highly and confidently recommend their services to anyone.

Director Advice Hub

Practical guides to help directors make informed decisions.

First Gazette notice for compulsory strike-off

Entrepreneurs’ Relief and Members’ Voluntary Liquidations

How do you dissolve an insolvent company with no assets?

Speak with a Licensed Insolvency Practitioner Today

We provide confidential advice, transparent pricing, and a friendly, experienced team dedicated to helping directors.

Nationwide Insolvency Support

We have invested heavily in information technology to ensure optimum efficiency. With developments in modern communications, we are able to service small companies nationwide, providing the same level of service regardless of location.