Business Recovery – What it can do for your business

Our business recovery department have years of experience in offering advice to save your business and restructure as listed below.

Liquidation

Don't panic - as having long standing business relationships with the UK’s highly regarded liquidators we can help you deal with your company's affairs and bring matters to an orderly conclusion having first checked that this route is what is required.

Administration Orders

You may still have time – using our affiliated administrators we are able to help our clients put together a recovery plan to preserve your company's business and assets. The earlier you consult us, the more alternatives we can consider and the better the chances of survival.

Company Voluntary Arrangement

Let us do it for you - we are often able to arrange a composition with your creditors with you retaining control of your business. Creditors usually get a higher return through a voluntary arrangement than can be achieved in other insolvency procedures - a win-win solution for all.

Receivership

Appointments by secured creditors - our highly skilled and professional partners of administrative receivers will endeavour to get the best return from your security.

Solutions for solvent companies

Reconstruction and trouble free closures - we are able to provide quick and economical service in the distribution of assets from solvent companies to new companies in reconstructions and to the shareholders where cessation is the goal.
Enquire about Business Recovery – We will not request full details until we have contacted you with details of how we can help you business survive, so please give us a name and contact telephone number and we will have one of our BR Specialists contact you in confidence.

Case Study

Our bankers were putting our business under pressure & requested that a national firm of accountants carried out a business review at our cost. It seemed that we was not in control of our business, we searched the internet & phoned CBF. CBF visited our premises, outlined an action plan that meant CBF brought in a new lender taking out the bank liability. CBF then introduced our business to a local firm of accountant’s that had a recovery team & due to spiralling liabilities, including HMRC overdue payments, we was advised that under our duty as directors that should place the business into administration. We bought the assets of the business out of administration, meaning that we had a clean slate to start again with the new funder prepared to support us moving forward.

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