PRESS RELEASE: Focus Insolvency Group continues growth into 2013 with acquisition of a leading restructuring business

After its most successful year to date in 2012 Wigan based Focus Insolvency Group are pleased to announce the acquisition of Phil Stone Consultancy.

Phil Stone Consultancy, which offers a nationwide service from its base in Newhaven, East Sussex will officially join the Focus Insolvency Group family on 21 January 2013 offering restructuring advice and solutions for businesses in financial distress.

The purchase of Phil Stone Consultancy means that Focus Insolvency Group can now offer a greater range of services to its clients than ever before as Managing Director Anthony Fisher explains:

“We are already well placed to offer advice, guidance and solutions on debt and money issues. However, sometimes a business may unintentionally suffer at the hands of its directors or others as they might have very little skill or experience in running a business. They are good at their trade, but know very little about finding good deals, negotiating settlements, marketing or book-keeping and staying on top of the administration. They are generally left to their own devices and even if their debts are managed into an affordable payment plan, the problem of bad management skills remains. The problems are then destined to be repeated and therefore need to be addressed from the outset for the future success of the business.”

The unique formula that Phil Stone Consultancy will bring ensures businesses who take these services up will benefit from increased revenues, decreased expenses and improved efficiencies within the business whilst Focus Insolvency Group will sort out the formal restructuring of the debts. Working with businesses in this way will give them every chance of success and will help to identify any further problems at an early stage.”

Phil Stone, who has built the business up over many decades has established trusted relationships with numerous accountants, financial advisors and the Citizens Advice Bureau, will stay on as Marketing Director. He commented:

“The synergy between our two firms was obvious from first contact. We all want to sort out businesses in trouble. Working together with Focus Insolvency Group is the best way to offer a complete service to struggling businesses. Being part of a well-respected Group will make it possible for more professional advisors around the country to introduce struggling clients to our full range of services.

Phil Stone consultancy will provide open days nationwide in convenient locations enabling businesses access to the face to face advice they need to get their business back on track.

For Further Information please contact

Anthony Fisher, Managing Director and Licensed Insolvency Practitioner

Tel: 07940 250810 email: a.fisher@focusinsolvencygroup.co.uk


Notes to Editors

  • Focus Insolvency Group provides tailored, specialist advice and guidance to limited companies, sole traders, partnerships and individuals who are experiencing financial difficulties and consists of 3 main parts. Focus Insolvency Group which deals with corporate insolvency, Debtfocus which deals with personal insolvency and Moneyfocus which deals with financial solutions. Phil Stone Consultancy is now Focus Insolvency Group’s restructuring arm providing support and services to businesses nationwide that are struggling to survive.
  • Anthony Fisher heads Focus Insolvency Group with a wealth of experience in both Corporate and Personal insolvency. Anthony has worked within the insolvency profession for over 18 years, qualifying as an Insolvency Practitioner in 2006 and starting his own practice in 2007.
  • Anthony Fisher comments on a wide variety of personal and corporate insolvency issues and is licensed to act as an Insolvency Practitioner in the UK by the Insolvency Practitioners Association. Anthony is also a Fellow Member of the Association of Business Recovery Professionals.

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