Regulatory expectations in the insolvency profession are complex and constantly evolving.

For many firms, maintaining robust compliance frameworks – while managing day-to-day caseloads – can be challenging. Small gaps can lead to significant risk, from regulatory findings to reputational damage.

At Nova, we provide practical compliance support designed for Insolvency Practitioners to build confidence around regulatory compliance. Our approach focuses on clear, usable, and real-world applications – helping you strengthen your processes without unnecessary complexity.

Who we are

Our Services

What we do is tailored to the needs of you and your practice

We take the time to understand your business so that the support we provide is practical, relevant, and aligned with the way you work.

The following provides an overview of our services. However, our focus is always on understanding your business and delivering solutions that are right for your practice.

Insolvency Documentation Packs

We have supported the insolvency profession for over 20 years, including the ongoing development and provision of our documentation workpacks, which have been at the core of our service offering throughout that time.

Our comprehensive workpacks cover the main insolvency appointment types in England & Wales. They are available fully coded for IPS Cloud (automatically covering joint and sole appointments), or in an uncoded format for use with other systems. Additionally, we offer an annual maintenance service which takes the headache out of keeping your workpacks up to date.

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Technical & Regulatory Support

Regulatory monitoring visits can be a stressful part of running a practice – we’re here to make that easier. We support insolvency firms in preparing for regulatory reviews, and provide clear, practical guidance when responding to findings or putting agreed changes into place.

We also offer ongoing technical insolvency support as part of our client relationships, without the need for a separate subscription service.

Taking the headache out of regulatory compliance is what we do. If you want to feel more supported, please get in touch to discuss your needs with us.

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Insolvency Compliance Reviews

We carry out annual (and periodic) independent cold-case reviews, either to satisfy regulatory requirements or to identify gaps and provide clear, practical recommendations to strengthen your processes. These reviews can be carried out on-site, or remotely, to suit a client’s needs, and include ad-hoc file and documentation reviews if required.

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Compliance Systems Development

Keeping your practice running smoothly isn’t just about updating documents. We work with insolvency firms to build practical systems that help teams work efficiently and stay compliant.

This can include support with engagement processes, day-to-day practice management, and reviewing internal procedures to spot opportunities for improvement – and put them into action.

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