Business Details
Emergency
services
Insolvency Solutions in Glasgow
Hastings & Co & Co is a Chartered Accountancy practice exclusively specialising in insolvency services. Established as a family firm, we provide tailored advice to individuals and businesses facing financial difficulties. Our team, led by Colin Hastings & Co & Co and Linda Hastings & Co & Co, combines over 60 years of cumulative experience in corporate and personal insolvency cases. We offer confidential consultations, free initial assessments, and strategic guidance on debt management, liquidation, and protection planning.Our practitioners are authorised by The Institute of Chartered Accountants of Scotland and adhere to strict ethical standards. We prioritise accessible, jargon-free advice to help clients navigate complex insolvency processes with clarity and confidence.
Services
Corporate Insolvency
Personal Insolvency
Members Voluntary Liquidation
Debt Arrangement Schemes
Creditor Negotiations
Highlights and features
- We offer free initial consultations with qualified insolvency practitioners
- Our team has over 60 years combined experience in corporate and personal insolvency
- We provide jargon-free advice tailored to individual circumstances
- Chartered Accountants authorised by The Institute of Chartered Accountants of Scotland
- Specialist guidance on debt restructuring and financial protection planning
Associations and certifications
- The Institute of Chartered Accountants of Scotland
Services
Corporate Insolvency
We guide companies through formal insolvency processes including liquidation, administration, and voluntary arrangements. Our specialists help directors assess options, manage creditor relationships, and comply with legal obligations. Services include court liquidation, creditors' voluntary liquidation, and administration procedures.
Personal Insolvency
We provide confidential advice on personal debt management options including protected trust deeds, sequestration, and debt arrangement schemes. Our team offers free consultations to help individuals understand their options and negotiate with creditors while maintaining financial dignity.
Members Voluntary Liquidation
We assist solvent companies with tax-efficient shareholder distributions through MVL processes. Our services include preparing statutory declarations, administering asset realisation, and ensuring compliance with liquidation requirements while maximising tax advantages for shareholders.
Insolvency Protection Planning
We advise businesses and individuals on legal asset protection strategies to mitigate future insolvency risks. Our planning services help structure corporate groups and personal assets to prevent cross-contamination of financial difficulties while maintaining compliance with insolvency regulations.
Director Advisory Services
We support directors facing potential insolvency through health checks, crisis management, and formal insolvency proceedings. Our services include liability assessments, creditor negotiation strategies, and compliance guidance to help directors navigate complex financial challenges with professional support.
People
Colin AF Hastings
Insolvency Practitioner
Chartered Accountant with 40 years' experience in insolvency cases. Licensed by ICAS, specialising in corporate liquidation and personal insolvency appointments. Recognised expert in Scottish courts.
Linda Hastings
Insolvency Practitioner
Licensed practitioner with 24 years' experience in insolvency cases since 2010. Specialises in corporate restructuring and debt solutions. Works closely with directors and individuals on financial recovery strategies.
Questions
What insolvency options are available for Scottish businesses?
We offer liquidation, administration, and voluntary arrangements. Our specialists help directors choose appropriate solutions based on company circumstances and creditor requirements.
How does Members Voluntary Liquidation work?
MVL requires company solvency and involves asset realisation, creditor payment, and tax-efficient shareholder distributions. We guide directors through statutory declarations and liquidation compliance.
What personal debt solutions exist in Scotland?
Options include protected trust deeds, sequestration, and debt arrangement schemes. We provide free consultations to help individuals choose appropriate debt management strategies.
How can directors protect against insolvency risks?
We offer financial health checks, liability assessments, and protection planning to help directors implement preventive measures before financial difficulties arise.
