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.
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 a large group Employees: 29 Bank overdraft: Nil, but debenture in support of group
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
Facts: Oil and gas industry contractor Hit by a collapse in the order book Operating on 3 continents Lacked up-to-date management information and forecasts Was running blind Background In better