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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.

Last Updated: 28/10/2024

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.

The Coronavirus Business Interruption Loan Scheme (or CBIL) was an initiative created by the British Business Bank during the height of the COVID-19 pandemic. It was designed to support large organisations facing financial difficulties as a result of lockdowns, business closures and loss of custom.

If you are struggling to repay this loan we can help you understand what options might be available to ease the financial strain. Either call us to speak to one of our experts or arrange a free initial consultation meeting.

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. Either call us to speak to one of our experts or arrange a free initial consultation meeting. We will help protect you and your personal liability, assessing your situation to provide you with tailored options and next steps.
We often either work alongside or in conjunction with other professional firms such as accountants or solicitors.
Expert advice on personal guarantees
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.
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

Book a free initial business review

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