Case Studies
Since 2000 McTear Williams & Wood has helped numerous businesses facing insolvency back to profitability. Examples of some of the cases we have worked on appear below.
Introduction A regional firm of solicitors referred one of their clients with complex financial affairs. Their client solely owned the matrimonial home which his wife and their four children occupied
The case was referred to McTear Williams & Wood by a regional solicitor firm acting for a group of creditors. The target company operated in the construction industry and owed
McTear Williams & Wood Limited were contacted by the Board of Trustees of an independent private school for three to 18-year-olds with boarding from age nine. The charity had been
McTear Williams & Wood Limited were contacted by the Trustees of a charity based in the East End of London. The charity had operated a community centre for the benefit
McTear Williams & Wood Limited were contacted in October 2023 by trustees of a charity who built a reputation as a leading UK authority assisting with individual, community and national
Facts: “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.
Facts: Retail experiment became loss making Unable to fund repayments on small property development Self-referred as known from previous work Background Having been a successful professional advisor in her own
Facts: Referred by: Accountant Industry sector: Health and safety audits and projects for public entertainment spaces Annual turnover: £550,000 Employees: 7 Bank overdraft: £75,000 Background The company had traded for
Facts: Referred by: Lawyer Industry sector: Survey and project management Annual turnover: £3 million: subsidiary of large group Employees: 29 Bank overdraft: Nil but debenture in support of group facility
Facts: Directors of a failed printing business Personally guaranteed the bank, some finance companies and the landlord for £180,000 Also had run up personal credit cards of £60,000 to keep
Facts: Industry sector: Wine production and bottling Annual turnover: £17 million Employees: 80 Bank: £760,000 mortgage and £780,000 CID facility HMRC: £3 million duty payment arrears Background The extent of
Facts: Precision engineer specialising in chemical processing Turnover £1.8million Large bad debt of £150,000 Bank overdraft and factoring £325,000 subject to director personal guarantees Full order book Referred from a