Corporate Insolvency

We are an established and trusted business rescue and insolvency practice committed to finding the right solutions for businesses and individuals in financial difficulty.

We are an independent firm of insolvency practitioners committed to finding the right solutions for businesses and individuals in financial difficulty.

There are a number of different forms of insolvency for companies, including Limited Liability Partnerships (‘LLPs’) and similar structures:

There is also:

We deal with all of the above relating to companies, LLPs, charities, societies and members clubs.

You will most likely be on this page because you are in some financial difficulty and may not know exactly which insolvency procedure is relevant to you. We are able to provide tailored help and advice, for your situation, to enable you to find the best possible solution for you and your business.

Also, recent changes to insolvency law (the Corporate Insolvency and Governance Bill) gives us new tools in the toolkit and follow the direction of travel of the last couple of decades by directing everyone towards rescue and recovery to ensure that businesses, where viable, avoid insolvency.

This chimes well with what BRI Business Recovery and Insolvency are about. The first, and most satisfying part, of our name – Business Recovery – comes from the 85% of our work that, iceberg like, remains unseen, given we try our very best to keep businesses away from paying for formal appointments unless absolutely necessary.

Helping people avoid needing us in a formal insolvency are the foundations upon which the reputation of BRI Business Recovery and Insolvency is built and is the reason why we have received many testimonials from businesses, individuals, and formal clients, as can be seen here.

As with many things – better not left unattended to. You don’t want to be an ostrich and bury your head in the sand; the earlier you call the more likely it is that we will be able to help you salvage your business, and hopefully make things right so that you can enjoy the fruits of your labours for many years to come.

Contact us if you would like further information and assistance regarding any aspect of your business. There is no charge for doing so and it is without obligation.

Company Voluntary Arrangement

A company voluntary arrangement (‘CVA’) allows a business to continue to trade in its current form or provide for a controlled closure.


Creditors Voluntary Liquidation

When a company has reached the point at which it can no longer trade, a creditors’ voluntary liquidation (‘CVL’) is a common way for the directors and shareholders to choose to close the company.



When a company encounters financial difficulty it can be put into administration by a floating charge holder or the directors/shareholders.


Compulsory Liquidation

Compulsory liquidation often occurs when one or more creditors petition the court for the company to be wound up.


Frequently Asked Questions


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