Discover Expert Insolvency Advice from Specialist Insolvency Agency McAlister & Co
When financial distress impacts your business, having the right support can make all the difference. As a trusted insolvency agency, McAlister & Co offers expert guidance to businesses navigating financial uncertainty.
We understand that navigating financial difficulty is incredibly challenging for business owners, which is why, as a specialist insolvency agency, we can guide you through these troubling times and provide the solutions and support you need.
So, whether you want to rescue your company or close it down and start over, here at McAlister & Co we provide tailored solutions to help you achieve the best possible outcome.
Our Insolvency Solutions
At McAlister & Co, we understand that every business is unique, which is why we offer a comprehensive range of insolvency solutions designed to meet your specific needs. Our services span both company rescue options and formal closure processes.
Company Rescue Solutions
If your business has the potential to recover, our rescue solutions can provide the time and structure you need to stabilise and rebuild:
Company Voluntary Arrangement (CVA)
A CVA is a formal agreement with creditors that allows you to repay debts over a set period, often at a reduced rate. This solution enables your company to continue trading while offering protection from legal action, making it an effective option for businesses with a viable future but temporary cash flow challenges. Find out more about CVAs with McAlister & Co here.
Company Administration
Entering administration provides a legal shield against creditor claims, giving your business the breathing space it needs to restructure or seek new investment. An appointed administrator takes over the day-to-day management, implementing a recovery or sale strategy to maximise returns for creditors while keeping operations running where possible. Learn more about company administration here.
Pre-Pack Administration
A pre-pack administration involves arranging the sale of your company’s assets and operations before entering formal administration. This process can maintain business continuity and preserve value by transferring the business to new ownership without the burden of historical debt. Find out more about pre-pack administration and if it’s right for you here.
Company Closure Solutions
If rescuing your company is no longer feasible, our structured closure process can help you wind down operations responsibly:
Creditors’ Voluntary Liquidation (CVL)
A CVL is a formal insolvency procedure initiated by company directors to close an insolvent business. This process ensures that creditors are treated fairly, while directors can avoid accusations of wrongful trading. We handle all aspects of the liquidation, from notifying creditors to selling company assets and terminating leases, providing you with clarity and peace of mind during the closure. Learn more about CVLs here.
How An Insolvency Agency Can Help
When you choose McAlister & Co as your insolvency agency, you’re partnering with knowledgeable professionals who are dedicated to making a challenging process as smooth as possible. With years of experience, we can help you navigate whatever difficulties you are facing and work together in partnership to find the right solution for your business. Here’s how we can support you:
- Full Financial Evaluation: We start by conducting a thorough assessment of your company’s financial position to identify key issues and explore the best solutions. This includes reviewing cash flow, liabilities, and creditor demands.
- Tailored Strategies: Our team provides bespoke advice, ensuring that the insolvency solution aligns with your business’s unique circumstances and long-term objectives, whether you aim to rescue or close the company.
- Expert Legal Support: Navigating insolvency involves complex legal obligations. We ensure compliance at every step, minimising the risk of penalties or director disqualification.
- Stakeholder Communication: We manage communications with creditors, suppliers, and regulatory bodies, helping to maintain transparency and avoid unnecessary stress.
- Practical Guidance and Support: Our team supports you throughout the entire process, from the initial consultation to final resolution. We also offer practical advice on safeguarding your personal position as a director.
Why Choose McAlister & Co as Your Insolvency Agency?
Selecting the right insolvency agency is critical when your business faces financial difficulty and could even be the difference between rescuing your business or having to close the doors and walk away. Here’s why McAlister & Co is the preferred choice for companies across the UK:
- Specialist Expertise: Our licensed insolvency practitioners have decades of experience, ensuring you receive advice you can trust.
- Personal Approach: As a family-run business, we take a supportive, empathetic approach, offering personalised solutions to guide you through this challenging time.
- Comprehensive Services: Whether you need help restructuring your business or assistance with a voluntary liquidation, we provide a full suite of insolvency solutions tailored to your needs.
- Clear Communication: We explain each step in straightforward terms and provide transparent information about costs, so there are no surprises.
- Proven Track Record: With hundreds of successful cases, we have a reputation for delivering positive outcomes and helping businesses move forward.
Take the First Step Today
If your business is struggling financially, it’s important to seek advice from an insolvency agency as early as possible. The sooner you act, the more options you’ll have. McAlister & Co offers a free, confidential consultation to help you explore your options and find the best way forward.
Get in touch today to speak directly with one of our insolvency experts. Whether you’re looking to save your business or need support with closure, McAlister & Co is here to provide the expertise, guidance, and support you need.
Remember – you don’t have to face insolvency alone. Let McAlister & Co help you take control of your company’s future.
