Molly Monks F.I.P.A

When you contact Parker Walsh, you're not dealing with a call centre or a sales team. You'll have direct access to Molly Monks, the firm's founder, director and Licensed Insolvency Practitioner.

With more than 20 years of experience in insolvency and business recovery, Molly has advised hundreds of company directors, shareholders and business owners facing financial challenges. From company rescue and restructuring through to liquidations and formal insolvency procedures, she is known for providing clear, honest advice and practical solutions tailored to each client's circumstances.

As a Licensed Insolvency Practitioner, Molly is authorised to undertake all formal insolvency appointments, including Creditors' Voluntary Liquidations (CVLs), Members' Voluntary Liquidations (MVLs), Administrations and Company Voluntary Arrangements (CVAs). Every case is overseen personally, ensuring clients receive expert guidance from start to finish.

Molly is a Fellow of the Insolvency Practitioners Association (F.I.P.A.), one of the highest professional designations within the insolvency profession. She also serves on the Regulatory, External Affairs and Member Services Committee of the Insolvency Practitioners Association, helping to shape standards and best practice across the industry.

In addition, Molly is a member of R3, the UK's leading trade association for insolvency, restructuring and turnaround professionals. These positions reflect her commitment to maintaining the highest professional and ethical standards while ensuring clients receive advice they can trust.

What clients value most is Molly's approachable and straightforward manner. She understands that financial difficulties can be stressful and often overwhelming, which is why she focuses on explaining complex matters in plain English and being available when directors need support most.

Corporate Insolvency Advice

Molly specialises in advising directors, shareholders and business owners on the full range of corporate insolvency, restructuring and business recovery options. Her expertise covers both solvent and insolvent processes, allowing her to guide clients towards the most appropriate route depending on their financial position, commercial objectives and stakeholder pressures.

Creditors’ Voluntary Liquidations

Molly has extensive experience in Creditors’ Voluntary Liquidations (CVLs), supporting directors where a company is no longer able to continue trading or meet its liabilities as they fall due. She advises on the practical steps involved, directors’ duties, creditor communication, employee matters, asset realisations and the statutory liquidation process.

Members’ Voluntary Liquidations

Molly also advises on Members’ Voluntary Liquidations (MVLs) for solvent companies, helping shareholders extract funds efficiently and close companies in an orderly and compliant way. This includes working with directors, accountants and tax advisers where companies have reached the end of their useful life, completed a project, undergone restructuring, or are being closed as part of retirement or succession planning.

Administrations

Her work includes administrations, particularly where there is a need to protect business value, preserve assets, secure breathing space from creditor action or explore a sale of the business and assets. Molly is experienced in assessing whether administration is appropriate and working with directors to understand the likely outcomes for creditors, employees and other stakeholders.

Company Voluntary Arrangements

Molly advises on Company Voluntary Arrangements (CVAs) and other restructuring options where there is a viable underlying business but creditor pressure, HMRC arrears, cash flow difficulties or legacy debt need to be addressed. She works with directors to assess affordability, business viability and the practical prospects of achieving a successful rescue or turnaround.

Director and Shareholder Advice

A key part of Molly’s expertise is helping directors and shareholders understand their options at an early stage. This includes reviewing cash flow, creditor positions, HMRC arrears, asset values, trading forecasts and insolvency risk. She provides clear advice on directors’ duties, wrongful trading concerns, creditor pressure, shareholder disputes and the implications of continuing to trade.

Business Rescue and Recovery

Molly works with businesses facing financial pressure to identify practical rescue and recovery strategies. This may include restructuring debt, negotiating with creditors, exploring formal rescue processes, reviewing cash flow, or considering whether an orderly insolvency process is the most appropriate route.

HMRC Arrears and Creditor Pressure

Molly regularly advises companies dealing with HMRC arrears, winding-up threats, creditor demands and wider cash flow pressure. She helps directors understand the seriousness of their position, the options available and the steps they should take to protect the business, creditors and themselves.

Practical, Commercial Advice

Molly’s approach is practical, commercially focused and straightforward. She helps clients cut through complex insolvency issues, understand the risks and make informed decisions about the best route forward.