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In times of change individuals, funders and companies want to be speaking to advisors who have faced similar challenges previously. Our senior team brings significant experience of all forms of Restructuring, Recovery and Insolvency enabling a focus on the critical at the earliest stage of each assignment.
With specialists in both England and Scotland we can provide advice tailored to all parts of the relevant jurisdiction.
No director or advisor ever wants their company to require an insolvency process. But if, for good reasons, a process is the correct decision for the circumstances then it is vital to select the correct process for the correct jurisdiction with the correct practitioner.
No individual wishes to contemplate personal insolvency, with its risks to home, family relationships, credit rating and reputation. With an ability to manage process and assets across all UK jurisdictions we are frequently consulted on high value or complex cases, where an ability to think widely is an asset to all concerned.
Solvent liquidations (members’ voluntary liquidations or MVLs) are a vital means of returning value to shareholders and to bringing limited companies affairs to an orderly conclusion. Solvent reconstructions (S110 liquidations) are a specialist variant of the MVL enabling the division of company assets between shareholders without triggering the tax liabilities of a disposal.
How we work to support our clients:
Our aim is to work with you to ensure the best outcome possible, whatever your situation. We will always strive for the following outcomes:
Appointed Joint Administrators of Brakeworld Limited
Distributors of specialist automotive brake parts based in Leeds Established over 30 years Sale of business and assets in progress Collection of factored book debts in progress
Appointed Joint Administrators of Earn Extra Ltd
Business sold and 364 jobs saved
Appointed Joint Liquidators of Mitchell Dryers Limited
Trade and assets sold following Administration and then a freehold property contract race took place
Appointed Joint Administrators of Benfield Shrink & Seal Ltd
97% sales ledger collect out forecast Sale of business assets underway
Appointed Joint Administrators of Penman Engineering Limited
A specialist armoured vehicle manufacturer, with customers including MoD and the Bank of England. The business was sold as a going concern
Appointed Administrator of Mooney Rodgers LLP
3.4 acre site consisting of 41 tenanted units on an industrial estate Business sold with outline planning for 89 residential homes
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Armstrong Watson LLP is a limited liability partnership registered in England and Wales, number OC415608. The registered office is 15 Victoria Place, Carlisle, CA1 1EW where a list of members is kept. Armstrong Watson Accountants, Business & Financial Advisers is a trading style of Armstrong Watson LLP. Armstrong Watson LLP is regulated by the Institute of Chartered Accountants in England and Wales for a range of investment business activities.
Armstrong Watson Audit Limited is registered to carry on audit work in the UK and Ireland by the Institute of Chartered Accountants in England and Wales. Registered as a limited company in England and Wales No. 8800970. Registered office: 15 Victoria Place, Carlisle, CA1 1EW
Armstrong Watson Financial Planning Limited is authorised and regulated by the Financial Conduct Authority. Firm reference number 542122. Registered as a limited company in England and Wales No. 7208672. Armstrong Watson Financial Planning & Wealth Management is a trading name of Armstrong Watson Financial Planning Limited. Registered Office: 15 Victoria Place, Carlisle, CA1 1EW