The firm was set up in 1994 by Jim Stafford as a niche Corporate Recovery & Insolvency boutique. Over the years we have developed our expertise in Personal Insolvency, Forensic Accounting, Business Valuations and Corporate Finance, with the development of special in-house teams
Since 1994 we have advised businesses in every sector and have built up unrivalled expertise. We have specialist teams to service and advise specific sectors including:
- Banks and Financial Institutions
- Property Services
- Health Care Management Solutions
- Hotel and Hospitality Solutions
- Pubs & Clubs
- Waste Management
- Haulage Sector
- Motor Industry
- Retail Solutions
The firm was founded with the mission of offering a positive commercial approach to business problems, and we aim to bring added value to all of the services which we provide.
Tom Murray joined the firm in 2003 and was made partner in 2008.
The firm become incorporated on 30 June 2017.
In 2023, Friel Stafford joined the Ifac Group, bringing our expertise to enhance ifac’s comprehensive range of services and reach across the country. For more information on ifac, see www.ifac.ie .
We are members of PrimeGlobal, a worldwide alliance of well-established and experienced accounting and consulting firms. The association enables us to respond to the demand for our advisory services on multi-jurisdictional assignments.
Why do accountancy firms/Solicitors refer their clients to us for liquidations and other services?
We have become one of the leading insolvency practices in Ireland by being trusted by accountancy firms/solicitors with their clients. We set out below the factors behind our success.
Experience
We have been appointed as Liquidators/Receivers and Examiners to over 1,000 companies across a range of industries. Our experience means that we know what pitfalls to avoid, and enables us to organise all liquidations professionally.
Professionalism
We are acknowledged experts in our field. We regularly present training courses on insolvency for CAI, ACCA and CPA.
Expertise
We are trusted by creditors to maximise realisations from property and asset sales and to maximise the recovery of debtors. We are particularly strong on debt collection. Indeed, over the years, we have provided Debt Collection courses to over 3,000 credit managers. (See our affiliated website www.creditmanagement.ie)
Access
Unlike larger firms, accountants/solicitors and their clients will be dealing directly with an experienced Practitioner, before and after any appointment, and not with some delegated junior staff member.
Relationships
As General Practitioners, we understand that accountancy firms/solicitors may have lost a valuable client if it goes into liquidation. We understand the subtlety of the relationship that exists between accountancy firms/solicitors and their clients.
Publicity/Confidentiality
We do not seek out press coverage for our work before or after any appointment. We recognise that the liquidation of a company can be a traumatic event for its directors.
Teams
Because we have conducted so many cases our teams are very experienced.
Clarity
We conduct our work in a transparent way so that accountancy firms/solicitors and their clients will know the principles that we work under from the start.
Fees
If required a fixed fee arrangement can be discussed and agreed in advance.
We do not poach clients
We provide a guarantee that we will offer audit or tax services to any client that is referred to us.
Friel Stafford is a Registered Trade Name of Friel Stafford Financial Services Limited. Company Registration Number: 601577. Registered Office: 44 Fitzwilliam Place, Dublin 2 Ireland. Friel Stafford is a subsidiary of Ifac.
Directors: John Donoghue, Tom Murray and Shane Harrington