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How Parker Walsh Can Help Your Business Through Restructuring

We take a proactive, hands-on approach to business restructuring, ensuring that we fully understand your company’s specific needs and challenges. Whether your business is seeking to avoid insolvency or planning a strategic liquidation, our expertise in corporate recovery allows us to deliver comprehensive solutions.

1. Free Business Assessment

Before developing a restructuring strategy, we start with a free, no-obligation business assessment. This allows us to thoroughly review your company’s financial position, liabilities, and potential areas for improvement. We’ll work closely with you to identify the key factors causing financial strain and explore the most viable options for recovery.

2. Exploring Liquidation Options

For businesses that can no longer continue trading in their current form, liquidation may be the best course of action. This involves selling off assets to pay creditors and potentially closing the company. At Parker Walsh, we offer expert guidance on various types of liquidation, including:

• Creditors' Voluntary Liquidation (CVL): If your company is insolvent and cannot meet its financial obligations, we can help you initiate a CVL. This allows directors to close the company in a controlled manner, ensuring creditors are paid as much as possible through asset realisation [Learn More]
• Compulsory Liquidation: In situations where creditors are taking legal action to wind up your company, we can help you navigate the process and mitigate any personal liabilities.

Our team will handle the liquidation processfrom start to finish, including asset sales, dealing with creditors, anddistributing any remaining funds. If liquidation is the best option, we ensure it’smanaged professionally and efficiently, helping you meet your legal obligationswhile minimising personal risk.

3. Asset Sales and Maximising Value

Selling non-essential assets is a key part of many restructuring plans. Whether it's property, equipment, or other business assets, we’ll help you identify what can be sold to raise capital and reduce debt. Our goal is to ensure you achieve maximum value from your assets while keeping core operations intact where possible.

By helping you manage asset sales, we ensure that the process supports your long-term objectives, whether you're continuing to trade or winding down operations.

4. Negotiating with Creditors

Maintaining positive relationships with creditors during financial distress is essential. As part of our restructuring services, we work on your behalf to renegotiate terms with your creditors, ensuring that agreements are sustainable for the future of the business. This may involve:

• Restructuring payment plans
• Negotiating debt write-offs or reductions
• Entering into a Company Voluntary Arrangement (CVA)

In the case of a CVA, we work with yourcreditors to propose a formal agreement that allows the business to continuetrading while repaying debts over a fixed period. A CVA can provide breathingspace and enable businesses to recover from financial difficulties withoutgoing into liquidation.

5. Turnaround Planning and Long-Term Strategies

At Parker Walsh, we don't just focus onimmediate fixes. We help you develop a long-term plan for business recovery andgrowth, offering strategic advice on how to improve operational efficiency,reduce costs, and refocus your business model. Our tailored approach ensuresthat you have the tools and knowledge to succeed even after the restructuringprocess is complete.