The company's directors, after going through the administration process, faced a claim against them. They were unable to fully meet this potential claim or pay their outstanding tax liabilities. As a result, they requested that we prepare voluntary arrangement plans on their behalf. These plans will outline proposals to their creditors for repaying a portion of their debts over time.
Year: 2024
Location: Thames Valley
Outcome:
Providing guidance to the board of directors on a formal restructuring plan under the Corporate Insolvency and Governance Act 2020, along with exploring alternative strategies to the proposed plan.
Year: 2024
Location: International
Outcome:
Discussed insolvency options with the directors and recommended a pre-pack administration to save the business value, IP rights and staff jobs.
Year: 2024
Location: Southern England
Outcome:
We are helping multiple clients plan a solvent winding up addressing their concerns that there may be a less favourable tax regime should there be a change in government.
Year: 2024
Location: Across the UK
Outcome:
Appointed to realise the lenders interest in the property.
Year: 2024
Location: Glasgow
Outcome:
Helping them formulate an attractive offer and understand the likely hurdles that they would need to address if they were successful in their bid. Giving the potential purchaser an insight into the administrator’s thought process in evaluating their offer.
Year: 2024
Location: Southern England
Outcome:
Reviewing the solvency position of the companies whilst they are seeking to raise additional finance. Advising the boards on the tipping point between solvency and insolvency and the implications for the directors regarding personal financial risk of trading on.
Year: 2024
Location: Oxford
Outcome:
For a major commercial property lender where they have lent to a sizeable group with advances to multiple companies within that group.
Year: 2024
Location: Multi-site
Outcome:
A review of the solvency position of the entity and turnaround strategies.
Year: 2023
Location: Southern England
Outcome:
Pre-pack sale to an independent third party preserving the employment of circa 100 members of staff.
Year: 2023
Location: Southern England
Outcome:
Solvent liquidation extraction of shareholder wealth in a tax efficient manner.
Year: 2023
Location: West Sussex
Outcome:
This was an exercise to simplify the corporate structure and reduce administrative burden and cost for a large group.
Year: 2023
Location: London
Outcome:
The solvent winding up of the company extracting the shareholders tax in a tax efficient manner.
Year: 2023
Location: London
Outcome:
Following the creditors’ voluntary liquidation we sold the business and assets of the company to achieve the best value for creditors in the circumstances.
Year: 2023
Location: Northern England
Outcome:
Appointment by the secured creditor to realise their interest in 29 residential caravan parks and properties. The joint administrators have continued to trade the entities whilst seeking buyers in order to preserve the value in the sites.
Year: 2023
Location: Predominantly South of England
Outcome:
Assisting a pre-revenue technology business look at its funding options.
Year: 2023
Location: South Coast
Outcome:
As liquidators of a technology business we preserved the Intellectual Property Rights developed in the business by means of a sale to a company owned and operated by one of the former management team. The business had ceased trading because it could not secure the additional investment funding to see it through to the next phase of product development.
Year: 2023
Location: Oxford
Outcome:
As liquidators of a technology business we sold the intellectual property rights and associated equipment to a foreign buyer. The business had not been able to secure the additional investment funding it required to continue and consequently took the decision to liquidate.
Year: 2022
Location: Oxford
Outcome:
As administrators of a fashion retailer and wholesaler we sold the business and assets by way of a pre-pack administration. The business had be adversely impacted by structural changes in the sector and the pandemic.
Year: 2022
Location: London
Outcome:
We assisted the board in modelling and presenting an informal restructuring proposal to a secured lender and several large trade creditors.
Year: 2022
Location: London
Outcome:
Distribution of capital to over 50 private investors.
Year: 2022
Location: London
Outcome:
As administrators we sold a tour operator business effected by the pandemic via a pre-pack administration, subsequently assisting customers in claiming refunds from ATOL or their card providers
Year: 2020
Location: South Coast / Online
Outcome:
Having been forced to cease operating due to difficulties with premises we assisted the Trustees to wind down operations and pay surplus funds to charitable organisations with similar objectives
Year: 2021
Location: London
Outcome:
As administrators we sold the ecommerce business of a multinational retailer via a pre-pack administration to an unconnected third party
Year: 2020
Location: International
Outcome:
Absent further investor support the company went into liquidation but intellectual property rights were preserved - enhancing the return to creditors
Year: 2021
Location: Midlands
Outcome:
As administrators we supervised trading and sold a hotel returning significant sums to the secured creditor
Year: 2021
Location: London
Outcome:
