What We Do
Kinross Kelly act to keep your business solvent, whilst protecting your assets such as your home.
We provide innovative solutions for a wide range of distressed entities.
We always represent the directors best interest, as opposed to an insolvency practitioner who by law have an obligation to represent all creditors on formal appointments.
We quickly establish the financial position of the business and obligations of the directors after examining the company financials.
We provide a cost effective way where possible to restructure the company balance sheet. Minimise the impact on a director which may arise should they have traded whilst insolvent.
We provide a comprehensive action plan with the objective of asset protection and enabling the business to continue operations.
If insolvency is the only option, Kinross Kelly will position our clients in the most favourable position resulting in improved outcomes Kinross Kelly can act on our clients behalf to negotiate reduced debt levels with creditors and banks.
In certain circumstances we can provide necessary working capital. We always are transparent about our fees, which are predominantly based on savings to you and your company.
The Professionals we can actively work with
Accountants
We have established strong partnerships with many accountants, who recognise the benefit of our unique approach over traditional solutions.
The inherent conflict of interest that often arises under arrangements between Insolvency Practitioners, your client and creditors CAN be avoided with our alternative approach. We deliver informal and formal, equitable and effective solutions for all parties that will not restrict your client's future.
Accountants want clients in to perpetuity. That's what Kinross Kelly delivers, and it is no better time than post- COVID to 'debt reset' corporate and personal balance sheets.
Insolvency Practitioners
While Insolvency Practitioners deal predominantly with creditors for a company, especially during Voluntary Administration or Liquidation., Kinross Kelly can simultaneously deal with your appointee's personal financial position.
This allows Insolvency Practioners to to offer a full, more complete solution for both Director's individual and corporate debt.
Lawyers
Kinross Kelly assists with maintaining a strong and effective relationship with lawyer's clients, rather than losing them through bankruptcy/insolvency.
We don't just push clients down the path of Voluntary Administration or Liquidation. We reset the the situation and push them back to the path of financial success, regardless of the current circumstances being faced.
We view formal insolvency measures as a last resort and focus on more effective, informal and tailored solutions that will help your client regain finacial control and continue to carry out valuable business with you.
This is no doubt a better alternative for both you and your client.
It benefits your structured future.
Kinross Kelly operates a transparent model, aimed at helping Individuals, Directors and Shareholders to get through tomorrow.
Why Us?
Kinross Kelly works closely with company accountants and in some circumstances specialist lawyers, offering a preferred alternative to insolvency practitioners, acting in the best interest of the directors and shareholders.
We are not liquidators pretending to be debt negotiators or restructuring specialists.
Our main objective is to save and help companies before its too late.
We act on behalf of major organisations through to SME's and individuals with debts from $10,000 to $millions.
MEET OUR FOUNDER
JUSTIN FOX
Justin Fox has worked in the insolvency industry for over 30 years, previously working for Arthur Andersen and Ferrier Hodgson.
Justin has a degree in Economics (Finance) from U.N.S.W. ( during this time he also received a scholarship from U.C.L.A.) and also graduated in Accounting and Law at U.T.S.
Justin has extensive experience in managing and turning around thousands of distressed and insolvent entities.
Justin's previously listed Fox Symes Associates Group Limited on the Australian Stock Exchange (ASX Code FSA). FSA is capitalised at A$100 million and employs over 100 staff. Justin was the start up principal, leading to Fox Symes and Associates becoming a recognised industry leader in debt relief, specialising in debt consolidation and bankruptcy prevention.
Mailing Address
Level 1, 11 West Street, North Sydney NSW 2060
Email Address
Phone Number
-About Us-
Our mission is to
“Provide Collaborative and Innovative Solutions to Directors by Incorporating Our Collective Expertise to Deliver Resolutions for a Wide Range of Distressed Solutions.”
Kinross Kelly have over 30 years’ experience in financial structuring, litigation, debt negotiation, and capital raising for distressed entities.
We specialise in all types of debt.
Our aim is to successfully mitigate business and personal debt whilst endeavouring to keep a business solvent. We offer a wide range of debt solutions and direct lending services which are tailored to suit each individual clients requirements.
If there is a potential insolvency situation, Kinross Kelly will provide directors of financially distressed entities with tailored strategies to achieve the best possible outcome.
This is achieved by blending the three professional pillars of accounting, law, and insolvency into a “one stop shop”. The same applies to shareholders of the companies, particularly in the case of ASX Listed Companies.
In representing the director’s interests, Kinross Kelly does not experience the conflict issues insolvency practitioners usually do in representing ‘all creditors” by Law. While corporate directors may know the “ins and outs” of their business, they seldom know the options available to them when their company experiences financial difficulties.......We do, and we're here to help.
-Services-
Business Restructure
Kinross Kelly provides financially distressed businesses with access to a single personalised streamlined process to restructure their business debts whilst allowing the owners to stay in control of their business.
Due to the easing of recoveries during the pandemic, there is a large amount of ATO and Landlord debt outstanding, amongst other creditor non-payments.
But “the chickens are coming home to roost”. Invariably, most distressed entities are referred directly to Insolvency Practitioners as they are not aware there are options out there which can save their business.
Kinross Kelly offers alternative solutions to insolvency and liquidation. Our team of experts blend together the 3 pillars of Accountancy, Law and Insolvency into our business model. We provide you with the best possible outcome for you and your business.
Turnaround Management
As with any business recovery, timing is crucial. Our team of experts will assess and analyse your business situation to determine where the problems lie.
We will provide you with a unique strategy tailored to your financial situation, outlining the best course of action.
We have internal and external professionals who provide proficient services and solutions in negotiation, litigation lending, turnaround, reconstruction, alternative financing, capital and investment.
Asset Protection
Business owners are especially vulnerable to losing their assets.
Kinross Kelly will implement strategies to protect your company, property and personal wealth from potential loss or control.
Too many times we’ve been introduced to company clients who have personal guarantees to various entities but have not protected their home and other assets.
Corporate Debt Solutions
Kinross Kelly was created to specifically provide directors, shareholders and individuals of financially distressed entities with tailor-made strategies to turn the business around to a cash flow positive.
We are Director’s advocates, we always work in the best interests of our clients.
Kinross Kelly does not experience the conflict issues Insolvency Practitioners do in representing “all creditors” by Law. The inherent conflict of interest that often arises under arrangements between insolvency practitioners and their creditors can be avoided with our alternative approach. Which that delivers informal, equitable and effective solutions for all parties.
Even if Insolvency Practitioners are required, our sister Goodman Grant can arrange the deck chairs prior to an Administrator being appointed, and will negotiate the terms of the appointment.
Why your loan Account can be important.
If you have loaned money to the company or you have borrowed from the company. Then we can help in both situations. Remember if you have loaned money to the company and have no formal agreement, then you have no claim in cases such as liquidation.
What is a Loan Agreement and why can it be important ?
This is a formal registered agreement which accounts for money loaned to your company by you or related parties. This is like a form of insurance that all companies should have in place should your company become distressed.
Why use us, if ultimately I will liquidate as it might be my only option?
We protect your assets before being exposed to a liquidator who cannot represent your best interests, as mandated by law.
We have had many dealings with only reputable liquidators who we have worked closely with over many years.
I have been issued a Director Penalty Notice from the ATO, can you help?
Yes, definitely we can help.
We are experienced in dealing with the ATO, including negotiating monies owed, interest, organising a manageable debt repayment plan.
It is in the ATO's best interest to work closely with us to seek a satisfactory resolution.
Why not just use my Accountant?
We actually like to work with your accountant in an open and transparent manner.
However, almost all Accountant practices are not specialists in Insolvency and laws pertaining to Insolvency.
This is our area of expertise and more often than not your accountant is very happy with our assistance.
It is not uncommon for us to resolve many distressed business situations and thereby keeping the business solvent and operating.
Specialist Debt Solver
Level 1, 11 West Street,
North Sydney NSW 2060
