Important Update: Monahans Insolvency to be Known as The Insolvency Company
We are excited to share an important update regarding our insolvency services. As you may know, Monahans part of The Sumer Group acquired The Insolvency Company in August 2024. Monahans already had an established and well-respected insolvency team.
To build on the strengths of both teams, we are integrating under one name: The Insolvency Company, a trading style owned by Monahans Professional Services Limited.
What This Means for You
1. Same Team, Expanded Expertise
The Insolvency Company will now be a larger team, incorporating all our insolvency professionals with team members across the South and West. You’ll continue working with the same trusted professionals, now strengthened by a larger team.
2. New Branding, Same Professionalism
Our brand will now align with Monahans and The Sumer Group. It will feature an updated visual identity while maintaining the high standards and service you expect.
3. Updated Contact Details
Our new central email address will be [email protected]. All existing @Monahans email addresses will still work, but the team will also have @theinsolvencycompany email addresses, so you will start receiving emails from this address.
4. Consistent Phone Numbers
Regional direct dials remain the same.
For any general insolvency queries, please call 01823 216156.
5. Flexible Meeting Locations
With team members now in Bristol, Swindon and Taunton, as well as offices across the South and West, we are happy to meet you at a location convenient to you for face-to-face discussions.
From Monday, 10th March, our insolvency teams will operate as one under The Insolvency Company brand.
Our website and social media channels will reflect this transition, and insolvency enquiries through the Monahans website will be directed to The Insolvency Company website where your usual contacts will pick the enquiries up.
It may take a few weeks for all team profiles to appear on the new website, but rest assured that familiar faces such as Steve, Alison, Paul, Craig, and Dulcimer will all be included.
We are also upgrading our internal systems to IPS Cloud, the latest insolvency software, ensuring we provide the most efficient and high-quality service possible.
We appreciate your ongoing support and look forward to continuing to assist you under our new identity. If you have any questions, please contact Gareth Buckley, Steve Elliott, or Stephanie Buckley.
Frequently Asked Questions (FAQs)
1. Will my existing cases be affected?
No, all existing cases will continue to be managed by the same team without any disruption. The rebranding does not impact the management of ongoing insolvency cases.
2. Will there be any changes to the team members I currently work with?
Initially, the same people you have worked with at Monahans Insolvency will continue to handle your cases. You may see additional new faces from The Insolvency Company now that we are operating as one bigger team, and as we continue to grow.
3. Are my contracts or agreements with Monahans Insolvency still valid?
Yes, all existing contracts remain valid, as The Insolvency Company is a trading style of Monahans Professional Services Limited. There is no need to sign new agreements.
4. Will Monahans still provide insolvency services?
Monahans will continue to provide insolvency services, they will merely be rebranded as The Insolvency Company, a well-known brand in the market. This allows for better alignment and a stronger, more recognisable presence in the market.
5. Do I need to update my records with the new contact details?
While our @Monahans email addresses will still work, we recommend updating your records to use [email protected] or [email protected] moving forward. Phone numbers remain the same.
You will see that all letterheads moving forward will use one central address, this is the Monahans Registered Address:
The Insolvency Company, Hermes House, Fire Fly Avenue, Swindon SN2 2GA
7. What happens to correspondence and case files?
All correspondence, documents, and case files remain unchanged and will continue to be processed as before.
8. Will the quality-of-service change?
No, service quality will improve, if anything, due to a larger, more integrated team with expanded expertise.
9. Why was this change necessary?
This rebranding allows us to unify our insolvency services under one strong identity, improving brand recognition and efficiency while maintaining the trust and professionalism you associate with Monahans.
11. Can I still meet with the team in person?
Yes, with offices across the South and West, we are happy to meet at a location that suits you.
12. How will this affect Monahans’ broader services?
Monahans continues to offer its full range of accounting and business advisory services. Although the insolvency services will now be known as The Insolvency Company, they remain fully part of the Monahans group.
13. What if I need to refer someone for insolvency advice?
You can still refer clients as before, just direct them to your usual contact or email [email protected] or call 01823 216156.
