Home » Our services » Services for businesses

Services for business

From business rescue through to the full range of insolvency options our qualified professionals will ensure the best outcome for your company.

Not necessarily the end of the road

As licensed insolvency practitioners we are equipped to tackle any challenge for businesses in distress. However, we are also chartered accountants with vast experience throughout the firm of almost any financial and forecasting requirement.

We don’t just skim through the numbers and jump straight into the insolvency options. Some would have you believe that insolvency pretty much means the end of the business road – but we don’t see that automatically follows.

We can:

Provide options for business rescue and turnaround.
Put in place turnaround management.
Raise turnaround finance.
Take solvent liquidation appointments.
Take all types of company insolvency appointments.
For companies and entrepreneurs looking to expand cost-effectively we also market businesses for sale.

For prospective clients we can assess the warning signs and advise on the best course of action. If brought in early we can often avoid the need for formal insolvency.

Perhaps the most important service we offer is an initial free consultation when we can often identify the core problems and point the way forward.

Tony Harrison

Director

Tony helps underperforming businesses using a professional and understanding approach and will listen to concerns on a without charge or commitment (on a confidential) basis and then advises on the available solutions.

With over 19 years of experience at McTear Williams & Wood Tony understands the challenges facing directors and managements of struggling companies and can provide assistance with first hand experience. His strengths lie in an ability to rapidly understand situations and react to turn them to an advantage.

Tony advocates an early confidential meeting as experience tells us that recovery options are often eroded over time.

Professional firms we work with

We often either work alongside or in conjunction with other professional firms such as accountants or solicitors.

More info ->

Directors’ Personal Guarantees

Expert advice on personal guarantees

More info ->

How to avoid insolvency – our Directors’ Guide

Three out of four clients we advise avoid a formal insolvency process altogether. Our Directors’ Guide can help navigate around insolvency issues and avoid potential pitfalls.

More info ->

Director disqualification and misconduct

Are you worried about insolvency fraud and director disqualification, if so get advice on how to avoid disqualification whilst ensuring your actions remain lawful if your company is facing insolvency

More info ->

Bounce Back Loan support

Is your business struggling to make repayments on a Bounce Back Loan (‘BBL’) that was taken out during the height of the Covid-19 pandemic? We can help you understand what options might be available to ease the strain. Speak to one of our experts and arrange a free initial consultation meeting.

More info ->

Struggling with PAYE?

Is your business struggling with your PAYE bill? We ease the pressure of repayments – talk to an expert advisor for the best course of action.

More info ->

Book a free initial business review

Business resources you can count on

Directors' guide

Business rescue & insolvency specialists

What you need to know

A brief guide to insolvency

View more

Take a look at all our business resources and guides here

"Unfortunately, Gordon Dean Solicitors LLP got into debt in the 2020 pandemic, mostly with HMRC but recovered strongly making good profits but this was not enough to recover fully and having sought and failed to achieve further refinancing I visited insolvency practitioners McTear Williams & Wood who were very professional and arranged a liquidation on 1 April 2022. Gordon Dean Solicitors Ltd bought the assets of the firm and started trading from new offices. HMRC will get paid by the liquidators over the next few years."

"Bethan and Tony acted not only with kindness and humanity, but professionalism! Also thanks to Chloe and Jamie for helping my staff so efficiently. We are not out of the woods, but grateful that you gave us another chance to start again by buying the business and assets back from the liquidator."

"We approached MWW at a very difficult stage - needing to complete an administration process quickly. It was an incredibly stressful time for us in general and Jo, Tony, Bethan and the team at MWW were a real pleasure to work with. They quickly jumped in to support us, gave us really clear and concise advice and helped mobilise the process really quickly to deliver a positive outcome via a pre-pack administration. We couldn't be more grateful for the support we received and I would have no hesitation in recommending MWW."

"We have worked with McTear Williams & Wood in a number of turnaround situations. We rank their integrity and professionalism highly and really value their active desire to make businesses succeed wherever possible. Their attitude in working with other professional advisors to achieve this end is highly commendable."

"I am always impressed with the speed with which McTear Williams & Wood respond to a crisis (and with insolvency matters, it usually is a crisis). Our clients have received invaluable, practical, down-to-earth advice which has helped to steer them towards the right solutions to their problems. I am confident to recommend McTear Williams & Wood to our clients in any insolvency situation."

"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. They helped us to explore all the possibilities to find any way forward and they helped us identify that liquidation was the best option for the business. Certainly McTear Williams & Wood made the process quite straight forward for us there was lots of help and lots of contact with them throughout the whole process."

"Having traded successfully for over 20 years until recently it was devastating when we realised that our company would have to go into administration. But as we began to work with the team at McTear Williams & Wood believe it or not we wished we had been introduced to them at least six months sooner. That would have avoided months of heartache and the business would have been in a stronger position. As it was McTear Williams & Wood guided us through a pre-pack which saved the profitable stores and the restructured business is now growing again."

"After meeting with Andrew McTear we both felt we had met someone who we could put our trust in and who would leave no stones unturned to help us rescue our business. We had been given two insolvency practitioner names and the other firm just wanted to put the company into administration. As things turned out that would have left any purchaser of the business and assets with significant employee liabilities which would have killed the deal and all the jobs would have been lost."

"I am aware of the sterling work carried out by this committee and of your role on it. I would like to take this opportunity to thank you for your valued contribution over the last two or so years. Your endeavours have made a significant contribution to the success of the committee in setting up and reviewing the Straightforward Consumer IVA Protocol and I and my Policy colleagues are grateful for the considerable time you have spent in this role."

"McTear Williams & Wood were called in to help our company when it went into Administration. They took early decisive action to reduce costs, maintain the loyalty of customers and key staff and find a viable way forward for our company. They conducted themselves at all times with the utmost professionalism, integrity and objectivity. I found them approachable, well-connected, responsive and always value-adding. McTear Williams & Wood have been instrumental in turning around the company's fortunes."

Services for business

Not necessarily the end of the road

Tony Harrison

Director

Book a free initial business review

Business resources you can count on

Ready to get started?