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Insolvency Service

The Insolvency Service is an executive agency of the Department for Business and Trade with headquarters in London. It has around 1,700 staff, operating from 22 locations across Great Britain.

Agency overview

1,700

  • Dean Beale, Chief Executive

The Insolvency Service administers compulsory company liquidations and personal bankruptcies and deals with misconduct through investigation of companies and enforcement. It also makes redundancy payments in cases where a company is insolvent.[1]

administer and look into the affairs of bankrupts, people subject to debt relief orders, and liquidated companies, making reports of any directors’ misconduct

carry out investigations into live companies

act as trustee/liquidator where no private sector insolvency practitioner is in place

act as nominee and supervisor in fast-track individual voluntary arrangements

deal with the disqualification of unfit directors in all corporate failures

deal with bankruptcy and debt relief restrictions orders and undertakings

advise BIS ministers and other government departments and agencies on insolvency, redundancy and related issues

issue redundancy payments via the National Insurance Fund

provide information on insolvency and redundancy matters

It is responsible for authorising and regulating the insolvency profession. They:[1]

Working under the Insolvency Acts[edit]

The Insolvency Service operates under a statutory framework – mainly the Insolvency Act 1986, the Insolvency Act 2000, the Company Directors Disqualification Act 1986 and the Employment Rights Act 1996. Insolvency Service staff are based across the UK in a network of 38 official receiver offices throughout England and Wales;

Expansion of the Insolvency Service[edit]

On 1 April 2006, Companies Investigation Branch of BERR transferred to the service and is based in offices in both London and Manchester. The new debt relief orders which came into force on 6 April 2009 under the Tribunals, Courts and Enforcement Act 2007 are not dealt with by official receivers' offices but at the service's Plymouth office.


In April 2003, the Redundancy Payments Service transferred to the Insolvency Service. This enabled a joined-up approach to company failure and any consequential redundancies to be had and this is demonstrated on a frequent basis.

setting strategic aims and objectives

making sure that leadership and resources are in place to meet these aims

challenging and supporting management performance

reporting to BIS

The Agency Chief Executive is the Agency Accounting Officer and is responsible for the day-to-day running of the Service. Dean Beale succeeded Sarah Albon on 4 November 2020.


The Insolvency Service Board is responsible for the long-term success of the agency. This includes:

Dean Beale, Inspector General and Chief Executive

Alec Pybus, Chief Operating Officer

Chris Pleass, Finance and Commercial Director

Angela Crossley, Interim Strategy and Change Director

Dan Goad, People and Capability Director

The board is made up of both executive and non-executive members.


The executive members are:


The non-executive members are:

Administration order

Administrative receivership

Bankruptcy

Liquidation

(only available in Scotland)

Protected trust deed

Simplified individual voluntary arrangement

United States Trustee Program

Official website