Call 0800 644 6080 (From Mobile 0333 009 0010)
Call 0800 644 6080 (From Mobile 0333 009 0010)

Our Corporate Insolvency Case Studies

Licensed UK Insolvency Practitioners FREE Meeting for Company Directors We can help with serious company debts, HMRC and creditor pressure, VAT/PAYE/Tax arrears, cashflow problems and raising finance.

Below Are a Few Examples of Our Insolvency Cases

Knowing you are dealing with a reputable and regulated company will help ease your mind when deciding who to entrust with your company problems. With over 400 staff and 40 offices nationwide, we are well-established and perfectly placed to support company directors, owners and shareholders. View some of our case studies below.
Close Quote

CASE STUDY 1 - SUCCESSFUL SALE SAVES 21 JOBS - The company was an optical lens manufacturing business in the North of England, who supplied opticians across the UK. Although a fundamentally sound business, the company had suffered as a direct result of the downturn in consumer spending.  Following our appointment, our administrators continued to trade the business, fulfilling all customer orders. 

Open Quote
After an accelerated sale process and marketing of the business across the UK, the business was sold to one of the founding directors in a deal which saved 21 jobs.

CASE STUDY 2 - SUCCESSFUL SALE FOLLOWING ADMINISTRATION - Our administrators of a local tourist attraction on Eastbourne seafront have achieved its sale after many months of protracted negotiations. A number of early expressions of interest unfortunately failed to materialise and the park stayed closed for a long period.  The team worked hard with the council and other parties to secure a new tenant for the park. 

Open Quote
The eventual deal saw the new company take a lease which also pays rent arrears to the council. The attraction reopened with new activities that will provide a good draw for tourists.

CASE STUDY 3 - RESTAURANT GROUP RETURNS TO FOUNDER - Our team in Scotland completed a deal for the original founder of a chain of restaurants which were sold five years ago, buying back the group and saving 63 jobs. A well-known restaurateur and his wife started the business over 21 years ago but sold the group and moved to a new venture. The restaurants ran into problems under the new owners and we were duly appointed as joint administrators.

Open Quote
With a strong brand and loyal following in the region, it was simply too attractive a proposition for the previous owner to ignore.

CASE STUDY 4 - SUCCESSFUL SALE SAVES BUILDING JOBS - A building business had grown very rapidly from a turnover of £700,000 to £5 million. However, although they had profitable contracts moving to completion, they did not have sufficient capital and cash reserves to fund four concurrent contracts that were making a loss.

Open Quote
We were instructed as administrators and, having established that over-trading had caused the firm’s difficulties, we were able to find a buyer with sufficient resources to fund the business post-sale, saving 20 jobs.
I’m delighted to announce the sale of this fantastic business. It means that not only is Dorset Farms’ future safeguarded but it also enables Eversfield Organic Farm to offer a broader range of ethically produced and traceable products to its existing customer base.
Read the Case Study   View all Case Studies

Contact our team

Jonathan Munnery
Andrew MacKenzie
Julie Palmer
Thomas Mckay
Keith Tully
or find your nearest office

If You've Enjoyed This Article or Found it Interesting, 'Please Share it' With the Rest of the World!

Related News

What is a Seized Goods Letter?

Friday 2nd December, 2016 Written by Keith Tully

If your business goods have been seized by a government agency such as HMRC or Border Force, read our guide on seized goods letters for company directors.

Learn More…

Construction sector insolvencies: help and advice for firms in financial distress

Thursday 25th August, 2016 Written by Keith Tully

The construction industry remains in crisis this summer as the number of insolvencies continues at the highest level of all UK sectors.

Learn More…

Which UK industry sectors are experiencing the most insolvency appointments?

Thursday 25th August, 2016 Written by Keith Tully

Figures from the Insolvency Service show that in 2015 the construction industry suffered the highest number of insolvencies in England and Wales, with the wholesale and retail trade coming a close second.

Learn More…
Every day we help companies just like yours turn things around against seemingly impossible odds, regardless of your situation we can help. Find your nearest office today.