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Liquidation
Administration
CVA
Pre-Pack Administration
Refinancing
Winding Up Petitions
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Free Guide To Business Recovery & Turnaround

Is your business struggling? If you are being threatened by creditors, or you're worried about paying the wages, or about going over your overdraft, then download this guide today and find out how we can help!

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Liquidation
Liquidation
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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Administration
Administration
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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CVA
CVA
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
Refinancing
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

Things To Know About Talking To BCR Insolvency

1

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.

2

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.

3

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.'

4

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
Phil Wood FCA CTA FABRP MIPA
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 Knott BSc ACCA MIPA MABRP
Director
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
Nick West LLB MIPA MABRP
Director
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

Introducing Our New BCR Website!

We are delighted to introduce our brand-new website, now easier to use and full of useful information on business turnaround and insolvency. From this blog, simply click home on the top navigation bar and it will take you directly to the new sit...

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Introducing Our New BCR Website!

BCR Assists with Administration Of Farmers’ Buying Co-Operative

The recent involvement of BCR in the Administration of a Shropshire farmer’s co-operative has resulted in positive outcomes for two businesses, as well as positive mentions in the local press. We were not only able to secure high value of asset rea...

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BCR Assists with Administration Of Farmers’ Buying Co-Operative

I Have Received A Winding Up Petition – What Do I Do?

A winding up petition is a form of legal notice. Put to the court by a creditor, this notice communicates a creditor’s belief that a company is insolvent, and requests the liquidation of that company for the purposes of paying its debt to the credi...

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I Have Received A Winding Up Petition – What Do I Do?

Understanding Dividends & Insolvent Companies

Typically, directors (if shareholders too) of a company will obtain the majority of their income via company dividends, which are declared and paid by a company out of its distributable reserves. Taxed at three different rates, dividends can be distr...

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Understanding Dividends & Insolvent Companies

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 download this guide today and find out how we can help!

Request A free business Turnaround Consultation