Licensed Insolvency Practitioners

We are independent, licensed insolvency practitioners with offices in London and the Midlands, licensed to manage insolvency services and procedures. We have helped hundreds of businesses that have found themselves struggling under financial pressure. We always try to save your business and the earlier you seek advice, the more positive the outcome.

Insolvency Advice

We provide impartial insolvency advice and free initial consultations throughout the UK. If your business is struggling financially, it is best seek professional advice as soon as possible. Call us today to speak to one of our insolvency practitioners.

Our experienced team are committed to finding solutions for businesses and individuals in financial difficulty. We provide support for businesses of all sizes, in a range of business sectors, all across the UK. Whatever your business, whatever your debt problems, we can help. Our professional advisors have extensive experience from working at large, international insolvency practices. We have a wide range of experiences across a variety of business sectors – and as owners and managers of our own business too, we understand the pressures and concerns you may have.

Company Insolvency Services

We provide a full range of insolvency services to UK company directors and have worked with business owners across a broad range of business sectors. We will take time to understand your individual business and work with you to achieve the best possible outcome. “Insolvency procedures” sounds very negative. They are mainly used to rescue a business that is struggling financially. Only if a positive solution cannot be found will the business need to be wound up.

Our Insolvency Services Include:

Business Rescue and Turnaround

The secret to effecting a successful rescue and turnaround of any company, is first recognising that it has some issues and secondly contacting us as soon as you are aware of these, in order to allow the time to review in detail all of the current and likely future issues, and to consider all options for a successful rescue and turnaround. Our partners are vastly experienced in business rescue and turnaround assignments and we do ourselves, running our own business, totally understand the pressures directors can face.
>> more information about business rescue and turnaround

Pre Pack Administration & Company Administration

The company administration process is now fairly well known as one of the most effective ways of allowing a company to either trade out of its current financial difficulties, or to allow some kind of restructuring. The legislation is fairly complex, although here at CFS we are extremely experienced in both the basic administration process and also that of the pre-pack administration process. We are licensed to handle pre pack administrations and can provide your board of directors with professional advice and determine whether a pre-packed sale is appropriate. We work alongside a large number of banks and other financial institutions and are well connected therefore in helping you through this process. From our offices in London and the Midlands we are well placed to support businesses through complex pre pack administrations.
>> more information about Company Administration
> more information about >Pre Pack Administration

Company Voluntary Arrangements

Company Voluntary Arrangement (CVA) is an agreement between a company and its creditors, to freeze the existing debt, to allow the company to continue trading and to make contributions over a period of time into a pot for all creditors. At the end of the agreed period, the Insolvency Practitioner (known as the Supervisor) will then pay the agreed dividend to the creditors. The Supervisor will then issue a certificate of satisfaction and the company is then free of its obligations under the CVA.
>> more information about Company Voluntary Arrangements

Voluntary and Compulsory Company Liquidation Procedures

Liquidation is perhaps the most common form of insolvency procedure. Effectively there are three types of liquidation:

• Members’ voluntary liquidation – this process is used for solvent companies and is often used as a method of distributing capital in a tax efficient manner
• Creditors’ voluntary liquidation – the most common type of insolvency, effectively used where a company ceases to trade due to its liabilities being considerably greater than its assets.
• Compulsory liquidation – where a company is wound up through the courts – usually following a winding up petition issued by HMRC or a creditor.

Struggling with Pressure from HMRC or Creditors?

As soon as you are aware that you have a problem in paying HMRC or any creditor, we would advise that you contact us as soon as possible. The more time we have to understand your company’s financial/cash flow problems, the more likely it is that we will be able to help you find a solution. This may well be by negotiating time to pay on your behalf, whilst your cash flow improves, or possibly even looking to help you raise new capital or refinance your business. In our experience, doing nothing, only usually leads to an escalation of the current financial difficulties.
>> more information about coping with creditor pressure
>> more information about dealing with HMRC problems

Need Help with Cash Flow Problems?

This can cover a multitude of issues – its therefore difficult providing a brief synopsis of solutions. What we can say, is that there is probably no situation that we have yet to come across that we haven’t already dealt with. There are many reasons for causing cash flow difficulties. All we can suggest, is that, much like with business rescue and turnaround, the sooner you contact us, the sooner we can start working on your problems and finding you the relevant solution to whatever is causing your financial difficulties.
>> more information about dealing with cash flow problems

Why Choose Us to Help Your Business?

• Licensed to handle Company Liquidations, Administrations and Insolvency Procedures
• Experienced team
• We take time to understand your business
• We put your business first
• We are committed to finding positive solutions for your business
• We have helped hundreds of businesses
• Free initial consultations
• We will travel to meet at a location convenient to you

Supporting Businesses UK Wide

London Office
We have offices in London and the Midlands. The city of London is a busy centre for business, we are able to support London businesses quickly when help is needed from our London office, which is easy to travel to, or we can travel to meet at a convenient location. If you need to liquidate a business and you are based on the London area click here for more information about the business liquidation services provided by our London office.

Midlands Office
From our Midlands office in the city of Nottingham we are able to quickly support business owners in the midlands and north, again we are happy to travel to meet with you. For more details about our insolvency and liquidation services in Nottingham, visit our Nottingham office page.

How We Work With You
CFS will work closely with you to provide advice that is thorough, straightforward and in the best possible interests of your stakeholders – whatever your situation. Giving you the ability to make good judgements on what is best for you and your business.

Free Advice & Competitive Professional Rates
Our professional rates are amongst the lowest in the industry too, ensuring that the best advice is within your reach. Simply get in touch for free, no-obligation advice today.

Insolvency Services for Accountants and Solicitors

CFS Restructuring LLP provide support services to accountants and other professional firms throughout the UK that require assistance or knowledge for their own clients where a formal insolvency event might be a requirement. For more information click here.