Insolvency Service
From Wikipedia, the free encyclopedia
The Insolvency Service is an executive agency of the Department for Business, Energy and Industrial Strategy with headquarters in London. It has around 1,700 staff, operating from 22 locations across Great Britain.
| |
| Agency overview | |
|---|---|
| Type | Executive agency |
| Jurisdiction | United Kingdom |
| Employees | 1,700 |
| Agency executive |
|
| Parent department | Department for Business, Energy and Industrial Strategy |
| Website | www |
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]