Corporate Recovery

Sometimes circumstances dictate that Corporate Rescue simply isn’t a viable option for a distressed company. Cash-flow pressures may have become unmanageable, it may be too late to put into effect any Corporate Rescue strategies - or there may be any number of other reasons why Corporate Recovery (i.e. formal insolvency) may be the appropriate option. Where we do recommend insolvency, we will fully explain the range of possible options – outlining which we think is right for your client’s company and for those affected by its business circumstances.

Despite a formal insolvency procedure, it may still be possible for the directors to be involved in the running of the business through a new company in the future, and it is the duty of the Insolvency Practitioner to obtain the best solution for creditors. Often this may be compatible with the management’s desire to buy back the business from insolvency.

As well as acting for companies in difficulties, we are recognised and appointed by most major funding institutions operating in the UK. This gives us a significant advantage in being able to communicate equally with all parties so as to avoid the combativeness and emotional clashes that can sometimes arise in these situations.

The types of action we can take fall into two distinct categories:

1. Formal Protection Procedures
These are insolvency processes that allow the business to continue.

2. Terminal Procedures
These are formal insolvency processes where the business is at an end – and essentially, this is the process of Liquidation.


We will always be happy work with your existing professional advisers to ensure that they give full consideration to the Corporate Recovery option on your behalf.