Women lead the way with Insolvency Practitioners

There’s a strong influence of female insolvency practitioners Wilson Field. A Sheffield success story growing from a handful of people 15 years ago to over 90 specialist staff.

The firm helps businesses and individuals facing financial difficulties across the country. By coincidence, of the nine insolvency practitioners working at Wilson Field, seven are female. That is quite unusual in what historically has been a male-dominated profession. However, according to R3, the number of female insolvency practitioners is increasing, with 41% of those passing the insolvency exams being female.

Wilson Field is pleased to be able to add to that number, with such a fantastic group of female insolvency practitioners.

Gemma said;

“People tend to associate insolvency with doom and gloom and failure but there can be a really positive side to it. If we are involved at an early stage, it is often possible to save businesses and on the back of that, preserve jobs, which can be very rewarding.”

“Gender is not a particularly big issue to me as our clients are varied and although men still dominate in the world of self-employment, many of our clients are women. The companies we deal with range from very small family businesses to large SMEs in all business sectors.”

“We work well as a team – the men have valued qualities, but I do feel women bring something different to the party. For example we can often defuse tense situations in what would otherwise be an all-male environment”.

She added;

“Business owners in financial difficulty invariably find it a very stressful experience and some businesswomen find it easier to talk woman-to-woman. But when the chips are down it’s all down to being professional, constructive and finding creative ways to solve our clients’ problems.”

Licensed insolvency practitioner Gemma Roberts is the manager of the busy corporate department. She joined Wilson Field as a 16-year-old school-leaver and became one of the youngest insolvency practitioners in the country when she qualified at age 23.