Licensed Trade
Specialist insolvency support for hospitality and licensed trade businesses.
Specialist sector knowledge can be the difference between a good outcome and an effective one. With over 30 years of experience across hospitality, licensed trade, leisure and property-related insolvency in London and beyond, I help directors find a practical and effective way forward. Whatever your circumstances, I’m here to provide clear, professional guidance, confidentially and without obligation.
Richard Toone is a licensed Insolvency Practitioner based in London with over 30 years of experience. He works with directors across all insolvency procedures, including administration, Company Voluntary Arrangements (CVAs), and both Creditors’ Voluntary Liquidation (CVL) and Members’ Voluntary Liquidation (MVL), whilst specialising in corporate insolvency.
Richard regularly supports financially distressed and under-performing businesses across construction, hospitality, leisure and gambling sectors. His extensive experience includes a wide range of appointments involving property, leisure and licensed trade matters, providing clear, practical guidance tailored to each company’s circumstances.
Whether you need urgent support during a crisis or strategic advice on complex insolvency matters, Richard provides professional guidance to help directors understand their options and next steps. His work spans diverse appointments including cross-border administrations and specialist sector cases.
Before his current role, Richard was a partner at a leading insolvency, advisory and forensic services firm, building comprehensive expertise across corporate insolvency and supporting businesses in challenging financial circumstances.
Connecting UK businesses and professional advisers with experienced, licensed Insolvency Practitioners across England and Wales.
Insolvency Practitioners is a trading name of BTG Begbies Traynor (Central) LLP a limited liability partnership registered in England and Wales No. OC306540. The firm is authorised by the FCA to undertake debt counselling and debt adjusting and its reference number is 660455. Copyright 2026 Insolvency Practitioners, all rights reserved.