You don’t have to face financial difficulty alone. Discover our corporate insolvency solutions and learn more about how we can help.
Running a business is never without its challenges, but when financial pressures become overwhelming, you need expert guidance and a clear way forward.
At McAlister & Co, we offer comprehensive corporate insolvency solutions to support companies facing financial difficulties. Whether you’re seeking to rescue your business or close it responsibly, we’re here to help you make informed decisions and achieve the best possible outcome.
Our Corporate Insolvency Solutions
Our tailored corporate insolvency solutions cover both rescue and closure options, giving your business the best chance of recovery or ensuring a seamless and compliant exit if closure is unavoidable. Below is an overview of the solutions we provide:
Company Rescue Solutions
If your company still has the potential for recovery, our business rescue solutions can help stabilise your financial position and secure a sustainable future:
Company Voluntary Arrangement (CVA)
A CVA is a formal agreement that allows your business to repay its debts over time while continuing to trade. It provides protection from legal actions by creditors and can be a lifeline for businesses experiencing short-term financial strain but with a strong recovery potential. Find out more about CVAs with McAlister & Co here.
Company Administration
Entering administration provides your business with protection from creditor claims while a recovery strategy is implemented. An appointed administrator takes over management and can restructure operations, seek investment, or arrange a sale of the business as a going concern to safeguard jobs and assets. Learn more about company administration here.
Pre-Pack Administration
A pre-pack administration involves pre-arranging the sale of your company’s business and assets before officially entering administration. This process can preserve the business’s value and ensure a smooth transition of operations. Pre-packs are particularly beneficial when continuity is essential for customers, contracts, and employees. Discover more about pre-pack administration here.
Company Closure Solutions
When business recovery is no longer possible, we guide you through an efficient and compliant closure process:
Creditors’ Voluntary Liquidation (CVL)
A CVL enables directors to close an insolvent company in an orderly manner. Once the decision to liquidate is made, we handle creditor communications, asset sales, and all legal obligations. A CVL helps directors avoid forced liquidation and demonstrates responsible management, which can be crucial for your reputation and future ventures. Explore CVLs with McAlister & Co here.
Corporate Insolvency Advice from McAlister & Co
When you choose McAlister & Co for corporate insolvency support, you gain access to a team of specialists with decades of experience helping businesses navigate financial distress. Here’s how we can assist you:
- Detailed Financial Analysis: We begin by thoroughly assessing your financial situation, identifying key issues such as cash flow problems, mounting debt, or late payments to HMRC. Understanding the root cause of your company’s distress helps us recommend the best solution.
- Tailored Solutions for Your Business: Whether your priority is preserving jobs, protecting assets, or achieving a smooth closure, we tailor our approach to align with your business goals.
- Legal Compliance: We ensure your company complies with all legal and regulatory obligations throughout the insolvency process, protecting directors from the risks associated with wrongful trading.
- Stakeholder Communication: From creditors and suppliers to employees and HMRC, we handle all communications, ensuring transparency and minimising stress for you and your team.
- End-to-End Support: From the initial consultation to the completion of your chosen insolvency procedure, we’re by your side every step of the way.
Why Choose McAlister & Co for Corporate Insolvency Solutions?
At McAlister & Co, we understand that every business is unique and requires a bespoke approach. With over 20 years of experience, we’ve helped hundreds of companies navigate business insolvency. Here’s why businesses across the UK trust us for corporate insolvency solutions:
- Specialist Expertise: Our licensed insolvency practitioners have extensive experience in corporate rescue and closure, giving you access to proven strategies that work.
- Personalised Service: As a family-run practice, we take a personal approach, offering clear, empathetic guidance and tailored support.
- Transparent Fees: We provide upfront information about costs with no hidden charges, so you can make decisions with confidence.
- Reputation for Success: We’ve helped hundreds of businesses navigate insolvency and achieve positive outcomes, whether that’s a fresh start or a responsible closure.
Take Control of Your Future with Corporate Insolvency Solutions
If your business is struggling to pay its debts or facing mounting pressure from creditors, seeking advice early can make all the difference. McAlister & Co offers a free, confidential consultation to help you explore your options and take back control of your future.
The sooner you seek advice, the more options you will have available, so contact us today to speak with one of our corporate insolvency experts. Whatever your situation, you’re not alone – McAlister & Co is here to provide the expertise, guidance, and support you need to navigate this challenging time.