Winding up a business
Winding up a business
Closing a business is a significant step, whether it comes after careful planning or due to unforeseen challenges. Our team has guided businesses through every stage of their lifecycle, and we take pride in supporting owners as they exit or retire. We work closely with accountants, brokers, banks, and insolvency specialists to ensure the process is handled efficiently and with minimal stress.
Whether you’re selling your business to a new owner or need to close quickly to limit losses, we focus on securing the best possible outcome for you and your stakeholders. Our experience spans commercial sales, insolvency law, and business restructuring, allowing us to tailor solutions to your unique situation.
Our services include:
• Debt collection: We act swiftly to recover outstanding debts and enforce security interests, using strategic advice, demand letters, and court proceedings where necessary.
• Business restructuring: We help struggling businesses negotiate with creditors and implement recovery plans to avoid closure.
• Receivership: We assist secured creditors in protecting their interests and managing the appointment of receivers.
• Liquidation: We guide both creditors and debtors through liquidation, maximising recoveries or negotiating repayment plans to avoid insolvency.
• Creditor compromise: We facilitate negotiations between debtors and creditors to reach mutually beneficial agreements, often avoiding liquidation.
• Bankruptcy: We advise both creditors and debtors on bankruptcy options, helping clients assess risks, recover debts, or manage overwhelming liabilities.
If you’re considering winding up your business, let us help you close this chapter smoothly and protect your interests every step of the way.