Fees

No. Insolnet is free for accountant firms to use. There are no platform fees, no setup fees, no per-seat charges, no minimum referral volume, and no per-case usage fee. The platform is funded by the CVL and MVL fees Insolvency Direct earns on cases that proceed to liquidation.

You can run a Bank Analysis on a watch-list client and conclude that liquidation is not the right path; no fee arises and the case simply closes on your dashboard.

CVL fees start from £1,450 plus VAT for a straightforward small-company liquidation. The fee includes the Licensed Insolvency Practitioner's costs, the statutory London Gazette adverts, and the insurance bond required by law. Larger or more complex cases are quoted individually.

The pricing is identical to a direct engagement with Insolvency Direct — the introduction route via Insolnet is fee-neutral to your client. There is no Insolnet "mark-up".

Where the company has no realisable assets, the fee is paid as a deposit before the liquidation begins. Where assets exist, the liquidator's fee is paid from those funds, subject to creditor approval.

MVL fees start from £1,995 plus VAT for a straightforward solvent liquidation, including the statutory adverts and bond. Larger estates with multiple shareholders, properties or trading subsidiaries are quoted individually.

The MVL fee is paid from the company's funds before the final distribution to shareholders. For most MVLs this is a transparent line item agreed up front with the directors and shareholders.

Where your firm takes on the questionnaire completion, document gathering and KYC work that Insolvency Direct would otherwise do, a case set-up fee is paid to your firm on appointment of the liquidator. The fee compensates the time you spend on the practical preparation of the case file — it is a professional services fee for the work done, not a referral commission.

The exact level depends on the size and complexity of the case and is agreed in writing with Joe Whiley before engagement. Typical small-company CVLs sit in a recognisable range; complex cases earn a larger fee. Both parties want the arrangement clear before any work starts.

If you prefer a lighter-touch role and would rather we engage your client directly to gather the information, no case set-up fee is payable — but the same CVL or MVL fee applies to the client either way.

The case set-up fee is a fee for professional services your firm has performed on the case. Your firm invoices Insolvency Direct, applies VAT in the normal way, and accounts for the fee as professional income. It is not a referral commission and there is no obligation on the introducing accountant to share it with the client.

Invoices are settled on appointment of the liquidator. Payment terms and the precise scope of work covered are agreed in writing in advance.

Yes — the headline CVL and MVL fees include the statutory London Gazette adverts and the insurance bond required by law. They do not include third-party costs that vary case by case (postage on creditor circulars beyond standard volumes, valuer's fees on physical asset realisations, agent's fees on debtor recoveries, legal fees on disputed claims).

Where a case requires those, they are agreed with the case manager up front and accounted for through the liquidation cashbook, subject to creditor approval where the Insolvency Rules require it.

The fee discussion happens after Phase 1 (the Bank Analysis) has reached its conclusion and you and Joe Whiley have jointly decided liquidation is the right outcome for the client. At that point Joe will speak to you and the client about the CVL or MVL fee in writing and confirm the engagement.

Until that point, no Insolvency Direct fee arises and your client remains your client throughout. The Bank Analysis itself is delivered to you as part of the platform; it is not a separate chargeable service.

Yes. Where the company has no realisable assets, the headline CVL fee is payable as a deposit before liquidation commences. Most directors find an instalment arrangement is workable — typically two or three monthly payments — and Insolvency Direct will discuss the structure that fits the case.

Where the company has realisable assets, the liquidator's fee is normally paid from those funds rather than by the director personally, subject to creditor approval at the decision procedure.