Creditors Voluntary Arrangement
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.
Summary A haulage company made a net profit of £120k with a turnover of £3 million in the most recent financial year. Overnight the company had lost a major contract
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
Facts: Industry sector: Manufacture of wooden kitchen products Turnover: £793,000 Employees: 15 Bank: Nil Funding by: External investor and landlord Background The business was established over 100 years ago but
Facts: Referred by: Accountant Industry sector: Manufacturing Employees: 330 Invoice discounters owed £2.8 million Background This Norfolk-based manufacturer had traded for 27 years. Since scaling up the operation with a