Insolvency and business recovery expertise across key sectors
Experienced insolvency practitioners supporting businesses when it matters most
McTear Williams & Wood is a specialist business rescue and insolvency adviser, supporting organisations through periods of financial challenge with clarity, care and commercial insight.
For decades, we have worked alongside company directors and professional advisers to help businesses stabilise, restructure or, where necessary, close in an orderly and responsible way.
Our focus is always on helping decision-makers understand their options and make informed choices. That may involve business rescue, refinancing or restructuring, or it may mean guiding a business through a formal insolvency process while protecting directors, stakeholders and reputations wherever possible.
We understand that financial distress is rarely just about the numbers. It affects people, livelihoods and long-standing relationships. That is why our advice is practical, considered and tailored to the realities of each situation.
Early advice often makes the difference. By engaging with us when the creditor duty is engaged businesses frequently preserve value, safeguard jobs and avoid unnecessary outcomes.
Sector-specific insolvency advice for complex and high-risk situations
We work across a broad range of sectors, with particular depth of experience supporting small businesses to large corporates charities and organisations facing complex or contentious situations.
Our sector experience includes, but is not limited to:
Insolvency support for construction and contracting businesses
The construction sector faces pressure from tight margins, cash flow volatility, contractual risk and payment delays. Insolvency often has a devastating effect on the value of work in progress and debtors. We advise contractors, subcontractors and suppliers on managing financial stress and navigating the insolvency processes while protecting future trading opportunities.
Business recovery and insolvency advice for manufacturing companies
Manufacturing businesses often operate with high fixed costs, asset-heavy balance sheets and exposure to supply chain disruption. We support manufacturers with turnaround planning, refinancing options, asset protection and, where required, structured insolvency solutions.
Insolvency and restructuring advice for transport, logistics and travel businesses
Transport and logistics businesses can be impacted by fuel costs, financing arrangements, regulatory pressures and delayed customer payments. Our team provides clear advice on cash flow management, asset finance considerations and business rescue options tailored to this sector.
Insolvency advice for family-owned and owner-managed businesses
Family-owned businesses bring unique challenges, where commercial decisions are closely tied to personal relationships and long-term legacy. We take a sensitive, pragmatic approach, helping families navigate financial difficulty while balancing business continuity and personal interests.
Insolvency and financial guidance for charities and not-for-profit organisations
Charities and not-for-profit organisations face additional governance, regulatory and reputational considerations. We work closely with trustees and advisers to assess financial viability, fulfil statutory duties and protect charitable purposes at every stage.
Insolvency-related fraud investigations and contentious cases
We are highly experienced in insolvency-related investigations, including suspected fraud, asset dissipation and director misconduct. Working closely with solicitors, creditors and HMRC, we pursue complex matters with discretion, rigour and a clear focus on recoveries.
Free advice line for distressed company directors > 0800 331 7417
How we help businesses navigate financial distress
Our sector-led approach means advice is always grounded in commercial reality. Depending on the circumstances, our support may include:
- Financial health reviews and risk assessments
- Cash flow analysis and forecasting
- Business turnaround and restructuring planning
- Formal insolvency procedures, including administration, CVAs and liquidation
- Asset protection and creditor negotiations
- Trustee and director duties and personal liability advice
- Business sale, exit planning and recovery strategies
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.
Why businesses and advisers choose McTear Williams & Wood
Sector-led expertise
Decades of experience supporting businesses across a wide range of industries.
Tailored advice, not templates
Every case is approached on its own merits, with no one-size-fits-all solutions.
Early, proactive support
We help clients act before problems escalate, preserving options and outcomes.
Ethical and considered approach
We focus on doing the right thing for businesses, people and stakeholders.
Regulatory confidence
Clear guidance through complex legal and regulatory processes.
Facts: Referred by: Accountant Industry sector: Haulage Annual turnover: £3 million Employees: 15 Cash at bank of £320k and reserves of £500k. Background A haulage company made a net profit
Background A long-established, family-owned manufacturing business was facing challenges despite not being insolvent on a cash flow basis. The business operated in two distinct areas: general engineering and a niche
Overview McTear Williams & Wood were appointed to support the owners of The Stow Partnership LLP t/a WH Smith Local, a franchise in Dereham, Norfolk in June 2018 following sustained
Overview McTear Williams & Wood were appointed to liquidate two connected Norfolk businesses operating under the VANshop brand, following sustained trading difficulties that led to the cessation of trade. The
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
Meet the specialists supporting your case
Our strength lies in our people. Our team combines insolvency, financial and investigative expertise, with sector-specific knowledge built over many years.
Practical guidance and resources for businesses and trustees
We also provide practical guidance to help businesses and advisers understand risks and recognise early warning signs, including:
- How to spot early warning signs in construction insolvency
- Trustee responsibilities in charity financial management
- When to consider a CVA: manufacturing sector insights
- Cash flow management tips for transport and logistics businesses
- Free financial health check
When company closures are handled poorly, the consequences affect many people. We have a long-standing track record of achieving the best outcomes by winding up businesses in an ethical and sensitive way. Get in touch for a free confidential consultation.
OUR SERVICES
How can we help your business?
We work with SMEs, family businesses, and local companies facing financial pressures. Whether you’re dealing with cash flow challenges or considering your next steps, our team 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.
