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.
Facts: Referred by: Accountant Industry sector: Haulage Annual turnover: £3 million Employees: 15 Cash at bank of £320k and reserves of £500k. Background A haulage company made a net profit
Background A long-established, family-owned manufacturing business was facing challenges despite not being insolvent on a cash flow basis. The business operated in two distinct areas: general engineering and a niche
Overview McTear Williams & Wood were appointed to support the owners of The Stow Partnership LLP t/a WH Smith Local, a franchise in Dereham, Norfolk in June 2018 following sustained
Overview McTear Williams & Wood were appointed to liquidate two connected Norfolk businesses operating under the VANshop brand, following sustained trading difficulties that led to the cessation of trade. The
Summary When a national bed retailer saw profits turn into multi-million-pound losses and creditor pressure intensified, McTear Williams & Wood was appointed to deliver a complex restructuring and guide the
Summary When a long-standing Norfolk travel operator was forced to cease trading due to an unexpected loss of financial protection insurance, McTear Williams & Wood stepped in to support the
Introduction Effective financial management and early intervention are crucial in preventing a charity facing financial difficulty, escalating beyond control. This case study involves a rehabilitation facility that provided safe
Background Wellington Construction Ltd, a long-standing Lowestoft-based construction firm with over 35 years of trading history, was a well-respected name in East Anglia’s building sector. The company traded from 25
Introduction This case study examines a situation where a charity that prevents and supports victims of child trafficking and exploitation believed they had a reasonable financial buffer, yet they
Background SWM Motors, a well-established motoring services business based in Brandon, ceased trading on 14 May 2020 following an irreversible downturn during the COVID-19 pandemic. With nearly a decade of
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