Administration
Administration can serve as a powerful tool to preserve struggling businesses — offering an opportunity to restructure while protecting assets from creditors. Our team has successfully used Administration to save numerous businesses, securing their future and safeguarding employment. By guiding companies through this insolvency procedure, we can help you make informed decisions that put recovery and creditor repayment first.
Business Turnaround
Our focus is always on recovery and business turnaround, working to avoid formal insolvency proceedings wherever possible. We explore comprehensive business turnaround strategies, analysing operations, cash flow and market conditions to develop solutions that revitalise struggling businesses. Our experienced advisers craft bespoke business turnaround plans that address the root causes of financial instability, allowing your company to return to profitability and growth.
Confidential Advice
Financial distress can strike unexpectedly — often leading to difficult decisions for directors and business owners. Our corporate recovery experts offer confidential advice to help businesses facing cash flow problems, declining revenues, or mounting debt. Early intervention is crucial, and our team will provide clear, actionable guidance to improve your financial stability and avoid unnecessary insolvency proceedings.
Independent Reports
Financial institutions and creditors require reliable, independent reports to assess the viability of struggling businesses. At BV Corporate Recovery, we produce detailed independent business reviews (IBRs) that help lenders and stakeholders make informed decisions. By conducting thorough financial assessments and operational reviews, we’ll identify opportunities for restructuring or refinancing, creating pathways to recovery without jeopardising your creditor relationships.
Informal Arrangements
Negotiating informal arrangements with creditors, particularly HM Revenue & Customs (HMRC), can provide businesses with essential breathing space to improve cash flow and avoid formal insolvency procedures. Our corporate recovery specialists have successfully negotiated numerous informal agreements, enabling businesses to realign finances, stabilise operations, and address arrears without public disclosure or damage to their reputation.
Liquidations
When business recovery is no longer an option, we advise directors and shareholders on liquidation options, offering transparent guidance on the effects and consequences. Whether it involves voluntary liquidation or compulsory liquidation, our team ensures the process is managed with professionalism and empathy. We also manage solvent liquidations for businesses undergoing reorganisation or tax-driven restructuring, ensuring the orderly winding up of affairs with minimal disruption.
Receiverships
Receivership can get the most out of asset recovery for secured creditors when a company defaults on debt. Our experienced team collaborates with banks and financial institutions to implement receivership strategies that align with their security terms. We also offer advisory services to lenders seeking guidance on securing and managing assets, ensuring optimal outcomes in challenging financial scenarios.
Voluntary Arrangements
Voluntary Arrangements, including Company Voluntary Arrangements (CVAs) and Individual Voluntary Arrangements (IVAs), allow businesses and individuals to negotiate structured debt compromises with creditors. This approach can often prevent liquidation, enabling your business to continue trading while gradually repaying debts. As Supervisors of voluntary arrangements, we work closely with clients to develop realistic repayment plans that protect long-term viability.
