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Lameys
As we are now in another National Lockdown, we wanted to reassure all our clients that Lameys is still business as usual. Our office do. Whether your business is facing financial crisis or your personal debt is becoming unmanageable, taking early advice is good sense. It is important to make the correct decision as to which Accountant to appoint and entrust the financial management and.

Established for over 20 years, Lameys is an Accountancy and Business Recovery Practice based in the South West of England. Lameys is an Accountancy and Business Recovery & Restructuring Practice based in the South West of England. We pride ourselves in offering a friendly, professional, confidential and proactive service to all of our clients, both commercial and private, whatever their circumstances.

We believe that every client is important, irrespective of size and has the right to prompt and personal attention, not only from the Partners but also every member of the Practice. Lameys has steadily grown since the early nineties into a prominent local business.
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Established for over 20 years, Lameys is an Accountancy and Business Recovery Practice based in the South West of England.
With offices in Newton Abbot and Plymouth we believe that working with our clients rather than just for our clients, provides an enhanced and personal service.
We pride ourselves in offering a friendly, professional and confidential service to all of our clients, both commercial and private, whatever their circumstances.
Believing that every client is important, irrespective of size and has the right to prompt and personal attention, not only from the Partners but also every member of the Practice.
Whether your business is facing financial crisis or your personal debt is becoming unmanageable, taking early advice is good sense.
As Licensed Insolvency Practitioners regulated by the Institute of Chartered Accountants in England and Wales we provide guidance in making the right decisions in situations when time is at a premium, thus protecting your position whilst maximising any recovery potential.
We take a direct, practical approach, using our knowledge, experience and contacts extending back over the last two decades.
The first three procedures below can be used to assist a business rescue or turnaround.
Liquidation is a terminal process for the company which can lead to the cessation of trade of the business.
However, often a re-start option is possible to enable the business to survive.
In certain circumstances an informal recovery plan may be achievable which avoids the requirement for one of the formal processes detailed below.
There is also a Members' Voluntary Liquidation which applies to solvent companies which, by definition, can pay their debts in full with interest.
There are a number of forms of personal insolvency.
The most appropriate for an individual will depend on whether they are an individual, sole trader or a partner in a partnership and their ability to repay creditors.
Personal insolvency is often an emotive subject as it can involve the family home and other assets that may have sentimental value.
Individuals trading a business as a Sole Trader or Partnership are often unaware that if they enter a formal state of insolvency, their personal assets will be affected.
It is important to make the correct decision as to which Accountant to appoint and entrust the financial management and future success of your business.
We aim to provide a personal, friendly approach to establish a strong relationship which will result in a long and mutual beneficial association.
Lameys has a wide range of clients, some of whom have been with us since the firm was founded.
We are constantly thinking of ways to improve direct profitability for our clients and enhance businesses.
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