Business Insolvency Case Studies
As a family firm we will always strive to rescue a business where possible and seek to reduce any personal liability that the directors may have incurred by way of a personal guarantee. Only when that is not possible will we consider a formal wind down of the business and in that event we will always maximise realisations of all the company's assets to ensure the best possible outcome for both you as a director and your creditors.
To illustrate this we have set out a selection of case studies showing how we have helped businesses in financial difficulty. We have received a lot of positive feedback from the people directly involved.
Business rescue saves jobs
In May 2013 we were approached by the director of a general building and civil engineering company that was experiencing cash flow problems due to incurring significant bad debts.
Further trading opportunities
This involved a commercial interior design company which was set up in 1991. Following the notice of intention to appoint an Administrator over the company, the business was marketed for sale but the only offer received was from the director via a newly f
Profitable division saved
We were approached by the directors of an established Bristol bakery which had been in operation since 1978 and a member of the National Association of Master Bakers.
Quick Service Finder
Byrne Associates supported Littlefuse Inc with the solvent liquidation of its UK subsidiary. All matters were handled in a professional manner, including dealing with tax authorities, creditors and directors. I would be happy to recommend this family run firm of licensed Insolvency PractitionersAlan Phillips (Littlefuse Inc )
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