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Compassionate Business Rescue and Insolvency Specialists in London

London’s fast-paced business world isn’t immune to financial struggles. McTear Williams & Wood provides expert recovery and insolvency support to help London companies face challenges with confidence.

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Last Updated: 27/08/2026

Our Business Rescue Services in London

We provide a range of business rescue and insolvency services in London, offering tailored advice to small local companies, family businesses, right through to large corporates feeling the recent pressure of rising operating costs, inflation and more.

From tech startups in Shoreditch to professional services in Canary Wharf, we’ve supported London businesses across all sectors. Our experience here means we are well-versed in the region’s challenges, from increased competition and regulatory complexity to sudden market shifts and post-Brexit economic uncertainty. We offer bespoke strategies to help you weather these pressures and secure a better future for your company.

Our core services include:

  • Business rescue – Tailored advice to help your company recover and regain profitability.
  • Insolvency – Offering clarity and early intervention to mitigate risks.
  • Company administration – Taking control of operations to safeguard assets and explore the best outcome for creditors and stakeholders.
  • Pre-pack administration – Providing legal breathing space while key restructuring decisions are made.
  • Liquidation – Help to close companies in a responsible manner if required.

We tailor our support based on your location, sector and financial circumstances. Our team’s priority is always to pursue recovery first, exploring all solutions before considering formal insolvency. Explore our London-based case studies or get in touch to book your free initial consultation.

Director

Our London office

Free advice line for distressed company directors > 08003317417

Why Choose McTear Williams & Wood to Support Your Business Rescue or Insolvency Needs?

When you’re under pressure, you need advice you can trust, and quickly. At McTear Williams & Wood, we combine a deep understanding of London’s business environment with a proven record of success.

We work alongside accountants and solicitors and with company directors across the city to deliver practical, commercial solutions that protect livelihoods and preserve long-term value. Our London team brings decades of expertise across business rescue and insolvency practice.

When contacted early enough, many of our clients avoid formal insolvency. We offer a free, initial confidential, no-obligation consultation to help you understand your position and take immediate, informed action.

Is your business struggling?

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
-Solutions available
-Options & next steps

*All information provided is completely confidential and will not be shared with a third party

How Can We Help Your London Business?

Whether you’re facing cash flow issues, rising business rates, HMRC arrears or client payment delays, getting advice early is vital to maximise your options.

Our process starts with a private, judgment-free consultation where you’ll receive:

  • A clear understanding of your situation and the paths available
  • Guidance that’s tailored to your industry, company structure and locality
  • An outline strategy to reduce financial pressure and regain control

We know that discretion, clarity and actionable steps are essential in moments like these. Our London-based team is here to listen and support, no pressure, just honest advice.

How can we help - Book a free 1-2-1

If your company is struggling with unmanageable debts or if you have concerns about your company’s future, we can assess your situation and provide you with tailored solutions and options.

During your free initial advice meeting, we will discover a true picture of your company’s financial situation and offer practical and expert guidance on your next steps.

Initial meetings can be held at our office or your premises and are completely confidential.

There is no charge for this meeting charges only apply if and when terms of engagement have been agreed

Who Are McTear Williams & Wood?

Founded in 2000, McTear Williams & Wood has grown into one of the UK’s most trusted independent business rescue and insolvency firms. As licensed insolvency practitioners and chartered accountants, with offices situated across the UK, we are well-positioned to support businesses no matter their location. Whether you’re based near one of our offices or further afield, we can help you. We’ve supported many businesses in Bedford, BournemouthBristol, Bury St Edmunds, Cambridge, Chelmsford, Colchester, Corby, Great Yarmouth, Guildford, Ipswich, Kettering, King’s Lynn, Leicester, Milton Keynes, Norwich, Peterborough, Southampton and many more across the East and the South East.

Our London team operates at the heart of the capital, serving clients across Westminster, the City, Greater London boroughs, and beyond.

We’re proud of our collaborative approach and our success in helping thousands of UK businesses to navigate uncertainty, preserve jobs, and build more resilient futures.

Whether you’re an established small business or a large corporate, we’re ready to support your business journey, no matter where you are on the road to recovery.

Contact us today to arrange your free consultation and take the first step towards a better outcome.

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OUR SERVICES

How can we help your business?

We work with all sizes and types of business from small through to large corporates including local companies facing financial pressures. Whether you’re dealing with cash flow challenges or considering your next steps, our team offers tailored advice on business rescue, insolvency, administration, and liquidation, always focused on finding the best possible outcome for you. 

Professional support for your business, helping you overcome an adverse financial situation and return to profitability.

Taking early advice is key. It is 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 and pay off all remaining debt before striking it off the register.

FAQs

What business types do you work with across London?

Our team at McTear Williams & Wood works with a wide range of businesses across London, reflecting the diversity of the capital’s business landscape.

Our London team has experience supporting businesses in sectors including:

  • Financial and professional services across the City and Canary Wharf.
  • Construction and property throughout Greater London.
  • Hospitality and retail in areas such as the West End, Soho, and Central London.
  • Technology and high-growth businesses in hubs like Shoreditch and Old Street.
  • Charities and not-for-profit organisations operating across the capital.
  • Subsidiaries of foreign companies.

We understand that each business type faces its own unique challenges, from regulatory pressures and funding structures to cash flow cycles and stakeholder expectations. With over 25 years of experience, we tailor our advice to reflect the specific demands of each business ensuring it is both practical and commercially relevant.

Whether you’re a small business, a growing company or a larger organisation in London our London team will work closely with you to provide the right level of support for your situation.

We understand that financial pressures in London can escalate quickly, particularly with high overheads and wages.

Once you get in touch, our insolvency experts will respond to your enquiry as soon as we can during work hours, usually within an hour. We will then arrange a confidential, no-obligation call or virtual meeting (depending on your preference) to assess your situation and provide immediate guidance, helping you take action quickly.

Alternatively, you can book a free 1-2-1 online meeting at a time that suits you with timeslots available daily Monday to Friday.

We offer flexible meeting options to suit busy London-based directors and stakeholders.

Meetings can take place:

  • At our Bedford Square office in Central London.
  • At your business premises in Greater London.
  • At a meeting room facility in the City.
  • Via video or telephone call.

This flexibility allows us to work around your schedule and respond quickly, whether you’re based in a central office, shared workspace, or multiple locations. To book an appointment, get in touch with our team here.

Yes. McTear Williams & Wood supports businesses of all sizes across London’s diverse economy. This includes:

  • SMEs and owner-managed businesses navigating cash flow and creditor pressure.
  • Mid-market companies with complex cost structures and stakeholder relationships.
  • Larger corporates and investor-backed businesses requiring strategic restructuring.
  • Subsidiaries of foreign companies.

With over 25 years of experience, we have worked with businesses across all of these categories and understand that no two situations are the same. Every organisation has its own pressures, priorities and stakeholder dynamics, particularly in London’s fast-moving environment.

That’s why we tailor every service to your exact needs. We take the time to understand your business in detail before recommending a solution, ensuring our advice is practical, commercially focused and aligned with your goals. Whether that involves hands-on support for directors or working alongside investors, lenders and professional advisers, our approach is always built around achieving the best possible outcome for you.

Fees for insolvency services in London will depend on the size and complexity of your business, the type of appointment, and the level of work required.

At McTear Williams & Wood, we are committed to being open and transparent about how fees work, how they are approved and importantly, who pays them. In most cases, our fees are paid from the company’s assets. We never expect directors to pay fees out of their own pocket and we will always explain how fees apply to your specific situation before any commitment is made.

As a general guide:

  • Straightforward creditors’ voluntary liquidations (CVLs) pre-appointment fee is typically less than £10,000 (pre-appointment).
  • More complex cases, such as administrations or where we need to investigate possible claims, will involve higher fees due to the additional work required.

Fees are usually calculated on a time-cost basis, in line with insolvency regulations and professional guidelines. This ensures that:

  • The time costs charged are proportionate to the complexity of the case.
  • Costs are fair, transparent, and properly justified.
  • Tasks are delegated appropriately to manage costs effectively.

All fees are subject to strict regulatory oversight and must be approved by creditors, a creditors’ committee, or in some cases, the court, providing an additional layer of transparency and accountability.

To help you understand the potential costs involved, we offer a free, no-obligation consultation. During this, we will:

  • Explain how fees are structured in your situation.
  • Outline expected costs at an early stage.
  • Clarify what is included and how fees are covered.
  • Provide a clear plan of action tailored to your business.

There is no charge for this initial meeting. Fees only apply if and when the terms of engagement are agreed.

To make the most of your initial meeting and if readily available, it can help to bring:

  • Recent financial statements or management accounts.
  • Details of creditors, including HMRC, landlords, and suppliers.
  • Cash flow forecasts (both short term (next 13 weeks) or long term (next twelve months).
  • Information on assets and funding arrangements.
  • Your ideas for improving matters.

We understand that situations can escalate quickly, particularly in London’s fast-moving business environment. If you don’t have everything prepared, our team can still provide immediate guidance and help you build a clearer picture of your position.

The most important step is to seek advice as early as possible, as this gives you the widest range of options and the best chance of achieving a positive outcome.

Cash flow pressure is one of the most common issues facing London businesses. The cost and pace of operating in the capital mean that even profitable companies can quickly come under strain.  Typical causes include:

  • High rents, business rates, and overheads.
  • Wage pressures in a competitive labour market.
  • Delayed client payments, particularly in service-led sectors.
  • Supply chain disruption.
  • Reliance on funding or investor capital.

These challenges affect London businesses differently depending on their structure:

Business type

Typical challenge 

How MWW can help 

SMEs and owner-managed businesses 

Tight margins, limited reserves, vulnerable to sudden cost increases

Provide immediate cash flow assessments, identify quick wins to improve liquidity, and offer practical restructuring advice to stabilise the business and protect director interests

Start-ups and high-growth companies 

Rapid scaling outpacing cash flow, reliance on funding rounds

Help manage cash flow during growth phases, advise on restructuring or extending funding runway, and support discussions with investors to stabilise operations

Established Mid-market organisations 

Complex cost structures and higher exposure to creditor pressure

Conduct detailed financial reviews, streamline operations, and implement structured solutions such as CVAs or refinancing strategies to manage creditor relationships

Investor or private equity-backed businesses 

Pressure to meet performance targets and technical milestones 

Work closely with investors and lenders to provide transparent reporting, support restructuring plans, and protect value while aligning with stakeholder expectations

Charities and not-for-profit organisations

Reliance on donations, grants, or funding cycles; restricted funds; governance and trustee responsibilities

Provide specialist advice on charity-specific financial pressures, support trustees in meeting their duties, assess viability, and guide restructuring or closure in line with regulatory requirements

 

Whatever your situation in London, McTear Williams & Wood’s experienced team is on hand to guide you through the challenges, providing clear, practical advice to help stabilise your position and move your business forward.

Early advice is key. Taking action at the right time can significantly increase your options and help protect the long-term future of your business. Book your free, no obligation 1-2-1 today. 

London is one of the most competitive and complex business environments in the UK, which means there is a wide choice of insolvency practitioners. We stand out for providing a more personal service tailored to your specific needs.

At McTear Williams & Wood, we focus on providing practical, straightforward advice that reflects the realities of operating in London. Rather than a one-size-fits-all approach, we work closely with each client to understand their business, their pressures, and the outcomes they are trying to achieve. We offer:

  • Fully licensed and regulated insolvency practitioners.
  • Proven experience supporting businesses of all sizes across London.
  • Clear, commercially focused advice tailored to your situation.
  • Established relationships with key stakeholders such as banks, landlords, investors, and HMRC.

Our team in London supports businesses across the Capital. With over 25 years of experience, we have worked with a wide range of businesses from owner-managed companies through to more complex, multi-stakeholder organisations.

What often matters most to directors is having an adviser who can act quickly, communicate clearly, and provide realistic options. Our approach is to simplify what can be a complex situation, helping you understand your position and the implications of each route, whether that involves business rescue, restructuring or formal insolvency.

As fully licensed and regulated insolvency practitioners, we provide reassurance around compliance and governance, while remaining focused on achieving a practical outcome for you and your stakeholders.

You can view our case studies here to see examples of how we’ve supported businesses facing similar challenges across the capital and the rest of the UK.

If you’re unsure what to do next, you can book a free, confidential initial consultation today.

Get immediate confidential support

ICAEW Licensed Insolvency Practitioners UK logo
R3 Association of Business Recovery Professionals logo
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5 star reviews
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