Professional and effective distressed asset security, compliance and management services for insolvency practitioners across the UK


Professional and effective distressed asset security, compliance and management services for insolvency practitioners across the UK

When businesses fall into receivership the responsibility for liquidated property assets transfers to the appointed insolvency practitioner. There is an urgent requirement to secure the vacant site, ensuring insurance cover is maintained and the market value preserved until the assets are sold or re-let.

FRG provide rapid, insurance approved advisory and delivery of security, fire and facilities management solutions to protect and maintain vacant properties on behalf of Restructuring and LPA, Corporate Recovery, and Fixed Charge Receiver clients nationwide.

Insurance compliance management

Our dedicated risk experts ensure your distressed asset insurance and regulatory obligations are met in the most efficient and cost-effective way possible. We have extensive experience and knowledge working with UK insurance providers and recommend risk reduction measures in line with insurance industry compliance requirements.  

Free, no obligation risk assessments

We conduct detailed site risk assessments following the best practice of NARA (The Association for Property and Fixed Charge Receivers) and the IPA (Insolvency Practitioners Association) to deliver reliable and realistic risk mitigation advice.

Insolvency services we offer include:

  • Immediate security cover if required
  • Emergency boarding up
  • Security doors and window screening
  • CCTV and alarms
  • Temporary fire protection
  • SIA licensed security officers and canine teams
  • Utilities services
  • Void property inspections
  • Keyholding & alarm response
  • Perimeter protection
  • Cleaning services and property clearance
  • Property Guardians
  • Eviction services
  • Asset management – Maintenance, repairs and FM services.

Case Study
Insolvency: Vacant retail units asset security

When a development company fell into receivership in 2020, FRG worked with the appointed insolvency practitioner to secure vacant retail units in various states of construction on a new build residential and commercial development in the commuter town of Stevenage.

FRG swiftly conducted an on-site risk assessment and recommended a cost-effective security solution mitigating the risks associated with theft, arson, vandalism and illegal occupation and meeting all regulatory and insurance requirements for the site.

FRG Detect temporary monitored alarm system with intruder verification cameras and smoke sensors were installed to each vacant retail unit with remote monitoring from the FRG Control Room and keyholding to ensure swift alarm activation response. Weekly internal and external vacant property inspections were conducted to meet insurance requirements.

Read more vacant property case studies here.

Dedicated to high standards

NSI Gold

NSI Gold is the most rigorous inspection for businesses operating in the security Industry. NSI Guarding Gold is the mark of approval for the elite reflecting our commitment to high standards of service, integrity, technical expertise and professionalism.

BAFE Registered

FRG is registered with BAFE for the Fire Detection and Alarm Systems (SP203-1) scheme comprising of 4 modules: Design, Installation, Commissioning/Handover and Maintenance.

Using fire protection services that conforms to the relevant BAFE scheme ensures your project meets national standards and can be independently third party certified.

Full UK Coverage

We have full coverage across the UK and we’re here to support your business during Covid-19.

Send An Enquiry

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