020 3793 3338

Expertise Through Experience


Corporate information and disclaimer

Cornerstone Business Turnaround and Recovery Limited ( trading as “Cornerstone Business Recovery”) (“CBR”) offers expert legal and practical business recovery advice in the fields of Corporate Recovery, Lender/Creditor Services and advice for individuals. Engin Faik is licensed to carry out insolvency work in the UK by the Institute of Chartered Accountants in England and Wales.


By continuing to use or browse this website, you express agree to be subject to the terms of use and agree to be bound by any and all exclusions or limitations of liability detailed herein. In the event that you do not agree to these terms, please click here.


With respect to the information available on this web site, CBR expressly excludes any representation or warranty (express or implied) to the fullest extent possible. CBR makes no representations about the materials published on this website or any websites linked to this web site. In no event will CBR or any of its agents be liable for any damages, including without limitation direct or indirect, special, incidental or consequential damages, lost profits, or other losses or expenses arising in connection with this site or use thereof, or inability to use by any party, or in connection with failure of performance, error, omission, interruption, defect, delay in operation or transmission, computer virus or line or system failure, even if CBR, or a representative thereof, is advised of the possibility of such damages, losses or expenses. Links to other Internet resources are at your own risk.


In preparing this site CBR has endeavoured to offer current, correct and clearly expressed information. However, since inadvertent errors can occur and since relevant laws and regulations often change, the information may be neither current nor accurate. Further, the information contained on this site is intended to provide general guidance on matters of interest. The content accuracy, opinions expressed and other links provided by these resources are not investigate, verified, monitored or endorsed by CBR. The information on this site does not constitute a comprehensive or complete statement of the issues discussed. No action should be taken or omitted to be taken in reliance upon information on this site. Users should obtain specific professional advice concerning specific matters.


Through this site CBR offers only the medium to facilitate users’ access to advice and information offered by CBR and selective third parties. The content, accuracy, opinions expressed, and other links provided by these third parties are not investigated, verified, monitored or endorsed by CBR and accordingly CBR expressly excludes any representation or warranty (express or implied) in relation to such matters to the fullest extent possible.


Users agree to accept the application of English law to govern matters between CBR and themselves.


Copyright 2017 CBR. All rights reserved. The use of the material available on this web site is restricted to viewing on screen and printing off one copy for domestic or non-commercial use only.


EU Directive – Provision of Services Regulations 2009 / 2999


Name of Practice

Cornerstone Business Recovery


Legal status

A Company registered in England and Wales


Registered Name

Cornerstone Business Turnaround and Recovery Limited


Trading Name(s)

Cornerstone Business Recovery

Cornerstone Business Services


Company Number



Registered office and Postal Address

136 Hertford Road





Telephone number(s)

020 3793 3338

020 7859 4609


Fax Number(s)

020 3793 3341

020 7900 6689





Email address



Relevant competent authority

Engin Faik is licensed to act as an insolvency practitioner in the UK by The Institute of Chartered Accountants in England and Wales (IP No 9635).


VAT number

174 8056 88


General terms and conditions

Available on request depending upon the nature of the engagement


Main features of service

Insolvency practitioners


Rules governing actions

All Insolvency Practitioners are bound by the rules of their professional body, including any that relate specifically to insolvency. The rules of the professional body that licences Engin Faik can be found at http://www.icaew.com/en/members/regulations-and-gudance. In addition, Insolvency Practitioners are bound by the Statements of Insolvency Practice (SIPs), details of which can be found at https://www.r3.org.uk/what-we-do/publications/professional/statements-of-insolvency-practice.



All Insolvency Practitioners are required to comply with the Insolvency Code of Ethics. A copy can be found on the Institute of Chartered Accounts in England and Wales website at http://www.icaew.com/en/technical/insolvency/insolvency-regulations-and-standards


Professional liability insurance

In accordance with the disclosure requirements of the Provision of Services Regulations 2009, our professional indemnity insurer is CNA Insurance Company (Europe) Limited, Cavell House CNA Hardy, 20 Fenchurch Street, London EC3M 3BY. The territorial coverage is worldwide excluding professional business carried out from an office in the United States of America or Canada and excludes any action for a claim brought in any court in the USA or Canada.


Dispute resolution procedure

At Cornerstone Business Recovery we always strive to provide a professional and efficient service. We recognise, however, that disputes do arise from time to time. Should you have any comments or complaints regarding the administration of a particular case then in the first instance you should contact the Insolvency Practitioner acting as office holder.


If you consider that the Insolvency Practitioner has not dealt with your comments or complaint appropriately you should then put details of your concerns in writing to our complaints officer, Engin Faik, at Cornerstone Business Recovery, 136 Hertford Road, Enfield, Middlesex, EN3 5AX. This will then formally invoke our complaints procedure and we will endeavour to deal with your complaint under the supervision of a senior partner unconnected with the appointment.


Most disputes can be resolved amicably either through the provision of further information or following negotiations. However, in the event that you have exhausted our complaints procedure and you are not satisfied that your complaint has been resolved or dealt with appropriately, you may complain to the regulatory body that licences the insolvency practitioner concerned. Any such complaints should be addressed to The Insolvency Service, IP Complaints, 3rd Floor, 1 City Walk, Leeds, LS11 9DA, and you can make a submission using an on-line form available at www.gov.uk/complain-about-insolvency-practitioner; or you can email ip.complaints@insolvency.gsi.gov.uk; or you may phone 0300 678 0015.