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Est. 1989

Our Corporate Insolvency Case Studies

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FAST Free Director Advice & Support, With 78 offices Nationwide our Licensed Insolvency Practitioners can Help Today.

Updated: 5th February 2020

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 78 Offices nationwide, we are well-established and perfectly placed to support company directors, owners and shareholders. View some of our case studies below.
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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. 

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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. 

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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.

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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.

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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.
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