How can we help you?
Problems paying tax
Unable to meet the demands of HMRC? Struggling to pay off your current liabilities? We can help you.
Creditor demands
If pressure from creditors is impacting your ability to operate, we can assist you from restructuring debt to your business.
Poor cash flow
Need to get your business back on track? Let us discuss all your options to revive your financial situation.
Winding up
This is one of the most serious situations your company can face – act now for the best result and call our helpline number.
Our Services
Business Rescue
Professional support for your business, helping you overcome an adverse financial situation and return to profitability.
CVA
Restructure your company debt into a single, affordable monthly payment that meets the demands of your creditors.
Administration
Get the time you need to make important changes whilst keeping your company in a fully operational state.
Liquidation
Help with closing down your company and paying off all remaining debt before striking it off the register at Companies House.
Get expert advice on the future of your business
If your business is struggling with cashflow and debt,it can be tough to know where to turn next. Fortunately help is at hand. At McTear Williams & Wood we have a considerable experience advising company directors during these difficult times.
Our professionals are backed with specialist knowledge in all the relevant fields, from company law to corporate accounting, giving you access to the skills you need.
Many companies struggle with debt every year. It is not uncommon for many of our clients to feel that they are in this situation alone. But in truth they are often not aware of all the options and solutions available to them. And at McTear Williams & Wood – we always help our clients find the right course of action.
Every company sector is different and challenges can vary across industry and even with the size of your operation. But rest assured our expert advisors will take the time to review your entire situation and work to produce a plan of action that maximises the available outcomes.
With a strong presence in the East of England and across the UK, we have offices in 8 different locations working with 6 registered insolvency practitioners. In the first instance we are always happy to provide you with a free initial consultation where we talk you through all the options available to you.
If you are a director of a struggling company, it’s easy to feel as if the world is against you. In our experience most directors have more options than they realise – it’s important however to act quickly and act now – as the longer you wait the fewer options are available.
"Thank you both so much for making yesterday easier than I thought it would be with your kindness. It really does make a difference."
Director of a hairdressing business
"It was a tough decision to make but it had to be faced, I made the call and McTear Williams & Wood were very, very helpful the whole time. They helped us to explore all the possibilities to find any way forward and they helped us identify that liquidation was the best option for the business. Certainly McTear Williams & Wood made the process quite straight forward for us there was lots of help and lots of contact with them throughout the whole process.”
Managing Director, retailer
"You should be extremely proud of the business you have created and the position you have established, you have a great team of people working alongside you which is so important and it goes without saying that your organisation epitomises true professionalism throughout."
A turnaround business angel
"Chris McKay is good at communicating the difficult concepts of his profession into clear messages, and his open manner and speedy responses help to make a bad situation better."
CEO, manufacturing business
"I am aware of the sterling work carried out by this committee and of your role on it. I would like to take this opportunity to thank you for your valued contribution over the last two or so years. Your endeavours have made a significant contribution to the success of the committee in setting up and reviewing the Straightforward Consumer IVA Protocol and I and my Policy colleagues are grateful for the considerable time you have spent in this role."
Member, IVA Standing Committee member
"...anything I get that is relevant will come across to McTear Williams & Wood as I know you do a proper job"
Accountancy firm partner
"We have worked with McTear Williams & Wood in a number of turnaround situations. We rank their integrity and professionalism highly and really value their active desire to make businesses succeed wherever possible. Their attitude in working with other professional advisors to achieve this end is highly commendable."
A corporate finance accountant
"After meeting with Andrew McTear we both felt we had met someone who we could put our trust in and who would leave no stones unturned to help us rescue our business. We had been given two insolvency practitioner names and the other firm just wanted to put the company into administration. As things turned out that would have left any purchaser of the business and assets with significant employee liabilities which would have killed the deal and all the jobs would have been lost."
Finance director, joinery company
"Having traded successfully for over 20 years until recently it was devastating when we realised that our company would have to go into administration. But as we began to work with the team at McTear Williams & Wood believe it or not we wished we had been introduced to them at least six months sooner. That would have avoided months of heartache and the business would have been in a stronger position. As it was McTear Williams & Wood guided us through a pre-pack which saved the profitable stores and the restructured business is now growing again."
Managing Director, National retailer with 22 stores
"I am always impressed with the speed with which McTear Williams & Wood respond to a crisis (and with insolvency matters, it usually is a crisis). Our clients have received invaluable, practical, down-to-earth advice which has helped to steer them towards the right solutions to their problems. I am confident to recommend McTear Williams & Wood to our clients in any insolvency situation."
Insolvency Advice for Accountancy Firm Partner
It's never too early to talk
Don't be nervous talking to an insolvency practitioner, if you're worried you might be losing control contact us early, there's more scope when people call us early as we're able to offer turnaround possibilities.
