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Can Your Business Be Saved? What To Do When Your Business Is Facing Liquidation

If your business is in trouble - if you are facing creditor debts, HMRC debts, or struggling to meet payroll, then you could be facing liquidation. Can your business be saved? Download our free guide, 'What To Do When You Are Facing Liquidation' now.

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When a creditor has exhausted all avenues to recover a debt, he/she will appoint a solicitor or debt collector to collect the...
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It is now possible for the company and its directors to apply to the court to put the company into administration through a...
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A Company Voluntary Arrangement (CVA) consists of a deal between the company and its creditors to repay them from...
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Pre-pack administration
Pre-Pack Administration
Pre-pack administration is a process where the ‘deal’ to sell a business entering administration is agreed prior to the...
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Refinancing is part and parcel of everyday business life, whether negotiating new bank facilities, renewing overdrafts or factoring...
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Winding up petitions
Winding Up Petitions
A winding up petition is by far the most serious action that can be taken against your company. Often it arises because...
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How We Help

Are you in a mess with VAT, creditors, etc. and don't know where to turn? We can help! We...

  • Stop creditor pressure
  • Initiate negotiations with creditors
  • Start insolvency procedures

We provide all of this and more with 25 years of experience. Our free initial advice is completely confidential.

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Things To Know About Talking To BCR Insolvency


The sooner you speak to us, the better

Getting expert advice quickly helps you make decisions that can save you thousands and could still save your business.


Every year, we give away hundreds of hours of free advice

We come to see you at no cost to give you the right advice based on your financial circumstances.


The biggest thing we provide is peace of mind

When your business is struggling, you can feel like the weight of the world is on your shoulders – and we guarantee you will feel much better for talking to a professional. The most common feedback we get after our meetings is 'I feel so relieved.'


Accountants recommend us

We are trusted and recommended by accountants throughout the UK that refer clients to us who are struggling with creditor pressure.

Meet The Senior Team

Phil Wood
Managing Director
Phil is a licensed insolvency practitioner and the MD of BCR. He and his team provide an array of services from advice on terms of trade and debt recovery, to acting as administrator or liquidator of insolvent companies or Trustee in Bankruptcy for insolvent individuals. He also acts as a supervisor in IVAs and CVAs. Phil holds numerous influential positions and roles within the business community and is very well known, both for his forthright and straightforward views and opinions as well as his many charitable gestures.
Chris Knott
Chris is a qualified accountant and a licensed insolvency practitioner who is an experienced part of the senior team at BCR. He is well-known, active presence within the business community and has special responsibility for the Staffordshire and Cheshire regions. He is currently a partner of 'futurefinest' which is Staffordshire’s young professional network. Chris also works closely with other business colleagues at Staffordshire Chamber. Chris is a qualified accountant and a licensed insolvency practitioner who is an experienced part of the senior team at BCR.
Nick West
Based in Shropshire, Nick is the primary contact for this region which now boasts three BCR offices. As a fully qualified and licensed Insolvency Practitioner Nick has a wide range of experience in all aspects of insolvency, business rescue and restructure. Nick is known as a safe pair of hands to look after the needs of businesses in the region. Nick lives in Shropshire having grown up locally. Outside work he is a keen but frustrated golfer, enjoys competing in the local squash league and snowboarding during the winter.
Nick West
Lucy Hill
Insolvency Manager
Lucy Hill was welcomed back to her role as Insolvency Manager at BCR after returning to her home in Cheshire with her husband and children. She said: “My husband worked for a year in Saudi before we joined him and when we arrived I didn’t have a job but applied for a role at the British Embassy and retrained as an Entry Clearance Officer for UKVI in Riyadh. “While we quickly settled into the lifestyle, and enjoyed the weather, it was sometimes difficult for the children to adapt to the restrictions. When it came to a crucial point in their education we decided to come home and I am delighted to return to my old role and see my colleagues again.”

Latest Case Studies

Is Your Business Struggling?

Do You Want To Get Some Answers About What To Do Next?

Here is your chance to speak to an expert. At BCR, we spend all day, every day, speaking to business owners with distressed companies. We know what a stressful time it is, but we also know you'll feel like a weight is lifted once you've been able to speak to a professional and found a clear path forward that is right for you, your business and your creditors.

That's why we offer FREE advice

At absolutely no cost, we will consult with you to find out about your circumstances and provide you with impartial and professional advice on how best to manage the difficult times you are experiencing.

Simply confirm your details using the form and one of our team will contact you to arrange your free consultation.

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Our Latest Articles

The short answer is Yes but it is important to understand the limitations of this action. It may help to better understand what exactly a Winding Up Petition is and how the situation developed to the stage where the company was served with one.

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Can A Winding Up Petition Be Withdrawn?

Some emails that come through to my work inbox are a pleasure to receive, none more so than our quarterly giving summary from B1G1. B1G1 is a business giving scheme that allows companies to link charitable giving to specific business processes. This makes charitable giving scalable and affordable – ...

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BCR Make Positive Impact With B1G1

There are many reasons why business owners can’t pay HMRC debts as and when they fall due. They could, for instance, have been going through a lean period for some time and therefore haven’t been able to aside any funds in anticipation of their tax liabilities.

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What To Do When You Can't Pay HMRC Debt

If your company is struggling to pay off debts to HMRC then the bad news is the debt won’t be written off or renegotiated.

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Can HMRC Write-off Debt?

BCR – Insolvency Practicioners

Is your business struggling? If you are being threatened by creditors, or you're worried about paying employee wages, or you're about to go over your overdraft, then request a free confidential call back and speak to one of our experts today!

Request A Free Confidential Call Back