Leading UK business rescue and licensed insolvency practitioners
Whether you’re an established small business, a medium enterprise or a large corporate, cash flow problems can be daunting, but you’re not alone. As one of the UK’s leading full service insolvency specialists, we offer a free and confidential initial consultation to help you find the right way forward.
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McTear Williams & Wood is a licensed insolvency practice, regulated by the ICAEW, acting for established small businesses, medium enterprises and large corporates across the UK. When a business is under financial pressure, we help directors and boards understand the options open to them, from rescue and turnaround to administration, liquidation and voluntary arrangements with creditors. Our advice is confidential and impartial, led by our licensed insolvency practitioners, and we do not run a one-size-fits-all discounted process. Taking advice early usually keeps more options open, so if your company is facing difficulty, speak to one of our licensed insolvency practitioners confidentially for a clear, no obligation view of where you stand. The first meeting is free, and if you do engage us our fees are paid from the company’s assets, not by you personally.
OUR SERVICES
How can we help your business?
We act for all types and sizes of companies including established small businesses, medium enterprises and large corporates. Whether you are dealing with cash flow pressure or weighing your next step, our team gives advice shaped to your company on business rescue, insolvency, administration and liquidation. Our fees are paid from the company’s assets, never by you personally.
Professional support for your business, helping you overcome an adverse financial situation and return to profitability.

Take early advice – its sometimes possible to trade out of the situation if advice is sought early enough.

Get the extra time you need to make important changes to your business whilst keeping your company operational.

Get help to close down your company legally.

About Us
Trusted & experienced
At McTear Williams & Wood, we act for established small businesses, medium enterprises and large corporates across the UK when financial challenges arise. For over 25 years, we have helped directors and boards through cash flow pressures, financial restructuring and insolvency proceedings with sensitivity and professionalism.
Our team of 70 staff is made up of licensed insolvency practitioners, chartered accountants, and insolvency specialists, each bringing deep expertise and practical experience in helping directors and businesses through difficult times. Whether it’s finding a route to recovery or managing an orderly wind-down, we work closely with you to explore all available options and deliver the best possible outcome.
We are proud to be recognised as one of the UK’s leading independent full service specialist insolvency and business rescue firms. We are fully licensed and regulated by the Institute of Chartered Accountants in England & Wales – providing clients with complete confidence in our integrity and the quality of our advice.
We do not run a one-size-fits-all discounted process. Every case is led by our licensed insolvency practitioners and we build the team around the company, its creditors and its people rather than fitting the company into a standard procedure. It is why so much of our work reaches us by word of mouth and referral from local professionals like accountants and solicitors and why only around one in four first meetings ends in a formal insolvency appointment.
Above all, we understand the human side of business. Behind every financial challenge is a team and a community. That’s why we take a personal, honest and supportive approach to every case we handle.
Understand your financial options
Check the health of your business with our free business health check tool.
Get an indication as to whether your company has what it needs to survive.
Includes:
-Company health assessment
-Types of liquidation available
-Options & next steps
*All information provided is completely confidential and will not be shared with a third party
Free confidential advice line for distressed company directors > 08003317417
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Latest news and insights
Kellys Bakeries Limited closed having entered liquidation
Jo Watts and Andrew McTear of McTear Williams & Wood were appointed as joint liquidators of Kellys Bakeries Limited on 22 June 2026. Kellys Bakeries …


