Our team are qualified to advise and give the best options on business recovery & insolvency, personal debt or bankruptcy, liquidations and creditor services.
At Westcotts Business Recovery & Insolvency, we will always look to see if a business facing financial distress can be rescued or turned around in the first instance. This may not require a formal insolvency procedure, but if it does, we can assist in preparing a Company Voluntary Arrangement or placing the company into Administration with an aim to rescue the business. We are also highly experienced in assisting Directors with placing their company into Creditors Voluntary Liquidation if this is the only option available.
We can act for small sole traders to large limited companies. Whatever size of company and whatever the underlying problems, the team at Westcotts Business Recovery & Insolvency are qualified to give you the best professional advice.
The most common process for businesses which are insolvent and need to close
Assisting shareholders in extracting cash and assets in a tax efficient manner.
Administration is a useful tool to help save part or all of a business
A CVA can be used for insolvent limited companies and limited liability partnerships
A formal alternative to Bankruptcy, an individual may look to put forward an IVA
Meet our Business Recovery & Insolvency specialists
Insolvency Practitioners’ fees are highly regulated and are typically set and approved by the creditors.
Take a look at our Insolvency Flow Chart