Marcus Tout - Insolvency Practitioner at Approved Recovery
Marcus graduated from Portsmouth University in 2004 with a Ba(Hons) in Business Studies. Shortly after he commenced training as an Insolvency Administrator with BKR Haines Watts and then continued his training with Portland Business & Financial Solutions Limited.
In 2008 Marcus joined Tenon, a top 10 UK accountancy firm. In 2011 Marcus qualified as an Insolvency Practitioner and was subsequently promoted to Associate Director. In September 2013 RSM Tenon merged with Baker Tilly. The firm continued to grow and in 2015 became RSM, an international firm of accountants and business advisors, ranked 7th largest accountancy practice in the UK.
Throughout his career Marcus has specialised in Members’ Voluntary Liquidations (“MVLs"). He was a member of RSM’s MVL working party and partner focus group whose role was to continuously develop and improve the firm’s offering.
Jon is a qualified Chartered Accountant and has been managing director and owner of Approved Accounting Ltd since 2012 before which he was a partner in a larger practice. Under Jon’s leadership, Approved Accounting has grown substantially, primarily through embracing changes in technology and adopting high standards of customer service. He is now bringing those same principles to Approved Recovery Limited, as well as a wealth of experience, commercial know-how, and expertise in the tax and strategic aspects of planning for small businesses.
Matt is a qualified Chartered Accountant having trained under Jon after he left university. He has been a director and owner of Approved Accounting Ltd since 2014. He has also previously worked in the private sector for a software company as group financial controller. Matt’s areas of expertise include designing and implementing efficient systems for small companies, and strategic planning and forecasting for growing businesses.
Very pleased with the services provided by Marcus Tout as we liquidated a family company. These things take time and very procedural. He guided us through the various steps needed , was very responsive to queries and everything went to plan. I have no hesitation in recommending Marcus to others who are just about to embark on the same journey
I had to Google to find someone to help close my company which is rather daunting and involves a "leap of faith". Having narrowed down to 3 possibilities, I called each and found Approved Recovery Ltd to be the most approachable, so I went with them. I was assigned to Marcus Tout, and he and Approved were an absolute pleasure to deal with. Totally professional, calm, accurate, proactive and fees very reasonable. My experience with them has been first class and I would totally recommend to others.
Having Dealt the Team at Approved Accounting for many years I felt confident using Approved Recovery as my insolvency practitioner. Marcus is experienced, skilled and professional. A real pleasure to do business with!
I’m so glad I appointed Approved Recovery Ltd. to liquidate my company instead of any of the other larger ones that were on my shortlist. Marcus Tout is a knowledgeable, helpful, responsive, qualified insolvency practitioner with many years of commercial experience. His work is faultless and always on time, despite pandemic delays caused by other organisations. Personal, hands-on service from a qualified professional is what you get from Approved Recovery, unlike some larger companies where the work is delegated to incompetent juniors. I’m speaking from first-hand experience! I cannot recommend Marcus and Approved Recovery enough to anyone who’s looking for a reliable and experienced company to close their business.
I was kept reassured and up to date throughout the liquidation process and would not hesitate to recommend.
I was looking to appoint a liquidator to carry out a Members' Voluntary Liquidation of my limited company, so I have researched the market and reached out to a number of liquidation practitioners.What I found concerning, is that for a highly regulated profession, there is a number of different approaches that can be taken in a MVL, and it is unclear which one is the best, both from a liquidation practice and a shareholder's taxation standpoint.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. What sets Approved Recovery apart from the competition is the following:- The service is actually carried by a licensed insolvency practitioner (Marcus Tout) - many licensed liquidation practitioners delegate the work to a more junior or unlicensed members of staff- Approved Recovery has a sister accountancy practice, Approved Accountancy, which can provide advice on matters a liquidator cannot, such as tax and accounting (this is not available in most liquidation practices)- The actual liquidation process is highly streamlined thanks to extensive use of electronic signatures and online services- Approved Recovery can provide a tailored liquidation solution, taking into consideration the rules, industry best practices and the circumstances of your companyMarcus 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.
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. Thank you!
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.
It's clear that Marcus at Approved Recovery is highly skilled in small business insolvency. Very professional and a pleasure to deal with, he has a wealth of knowledge. Highly recommended for any small business looking for an affordable insolvency practitioner in the Hampshire/West Sussex area.