Five years after
the incorporation of the Institute of Chartered Accountants in
England and Wales in 1885, its two
founder members, George Poppleton and Charles Appleby, join
together to form an accounting practice specialising in insolvency.
For 120 years it traded as Poppleton and Appleby, became known
nationwide as P&A and changed
its name in 2004 to 'The
P&A Partnership'. In recent years it has expanded
to become one of the largest independent insolvency firms in
Britain. Together with the associated company, P&A Receivables
Services plc, it now provides the most comprehensive range of
business financial solutions, from one stop, in the UK.
Today, the practice provides a countrywide
service for clients from a centre of excellence in Sheffield.
The partners are experienced in all types of turnaround, business
rescue and insolvency matters and a separate dedicated unit,
Probitas, which is supported
by the intelligent use of IT and supervised by a senior Insolvency
Practitioner, provides a nationwide service for the smaller client
on a lower cost basis. With modern communications, distance is
never an issue.
The practice has a strong
commitment to find fast and effective solutions to financial
problems, and only recommends receivership,
liquidation or personal bankruptcy when all other solutions have
been explored.
The P&A Partnership is a member firm of
the Insolvency Practitioners Association and the Association
of Business
Recovery Professionals
(R3) and act for all clearing banks, factors
discounters and asset-based lenders. Our clients include multinational
PLCs, SMEs, financial institutions, accountants, solicitors and
business
advisors. As the partnership works only in the field
of business rescue and insolvency, we can not only promise dedicated
expertise,
but can also assure our professional clients that we pose no
competition to their own business base.
Through the associated
company, P&A Receivables Services
plc, we are able to offer an integrated range of credit management
solutions from debt collection, asset recovery, fraud and other
investigations, consultancy lender and commercial finance broking
services, training and recruitment.
There is more information
at www.pandareceivables.com.
