Help for Struggling Businesses: Restructuring, Turnaround & Insolvency

Shaw Gibbs Insolvency & Corporate Recovery
Businesses often face a turbulent period in their trading. It offers some reassurance to know that a professional and competent advisor is at hand. At Shaw Gibbs, our team of Licensed Insolvency Practitioners and experienced staff are waiting to help.

If your business is enduring financial difficulty, the sooner you seek advice, the better the outcome.

What we do

There are a range of options available and our team of Licensed Insolvency Practitioners and insolvency experts will try to find amicable solutions to your problems. We have over 30 years’ experience of advising businesses and individuals on the options available to them, including:

Why choose Shaw Gibbs?

We have one of the largest teams of business recovery experts in the Oxfordshire region and operate all over the south east including Hampshire, Wiltshire, Gloucestershire, Northants and beyond. As a result, we are able to provide integrated business debt advice along with a range of conventional and more innovative solutions. The team is headed by Clive Everitt, who as a Licensed Insolvency Practitioner has over 30 years' experience in the Restructuring, Turnaround and Insolvency field.

Who we help

Our instructions are generated from company directors and private individuals who find their company or business in difficulty. We accept referrals from solicitors, accountants and other professionals whilst gaining support from creditors including HM Revenue & Customs, local authorities, banks and other lenders, as well as suppliers, trade and expense creditors.
 

Initial Free Consultation

Many people have never met or dealt with an Insolvency Practitioner or Corporate Recovery specialist. We appreciate the courage it takes to make the first contact relating to personal debt, corporate financial distress or having given credit to an individual or company that cannot repay.
 
We know we can add some real value but to persuade you of this we must meet with you or discuss the circumstances over the  phone. For this reason, we offer a free initial consultation without obligation or commitment.

Insolvency News

Research by Begbies Traynor shows the number of pub and bar businesses that were dissolved in the second quarter has jumped by 53% to 831, up from 531 in the same three months last year. Its Red Flag Alert survey suggests that there is no respite in sight for the sector, with one in five businesses deemed to be facing significant financial stress at the end of June - a rise from 17% a year ago and 15% in 2014.
The number of firms that expect trading to pick up over the coming year has fallen to its lowest level in three years, according to a report. The Lloyds Bank Business Barometer in May said the balance of companies who thought business would improve over the next 12 months fell by 11 points to 38%, its lowest level since 2013. Overall, the survey said UK business confidence fell by six points to 32% in May, adding to a growing sense that the UK economy is slowing down.
Struggling businesses will be given a three-month grace period to protect them from creditor pressure under Insolvency Service proposals. The service wants companies to be given the flexibility to turn their operations around "while free from enforcement and legal action by creditors" through a "moratorium for business rescue".
The former home of actor Oliver Reed has gone on sale for £4.95m. Okewood Hill Estate is being sold by receivers in what is believed to be one of Britain's most expensive seizures.
The Times’ Simon Nixon says one of the biggest impediments to recovery in some southern European countries is weak insolvency regimes.
MPs have called 29 witnesses to account for their actions in the light of the collapse of BHS last month. From Monday, they will begin questioning senior representatives from PwC, Deloitte and KPMG, as well as from Goldman Sachs, Olswang and Linklaters. MPs have also written to the Pensions Regulator to demand more information about plans to restructure BHS’s pension scheme. The "Project Thor" plans were put forward to the Pensions Regulator for approval two years ago, but were not granted and were eventually withdrawn some months before the sale of BHS to Retail Acquisitions.

Shaw Gibbs Insolvency & Corporate Recovery

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01865 292 200

Insolvency Case Studies

Shaw Gibbs is often approached by directors who either wish to retire from their companies or where a company has fulfilled its purpose and the directors wish to cease trading.
A director of a company that had been struggling for a number of years approached Shaw Gibbs for professional advice. He said that the company was losing money but, at the time he sought advice, the company was about to enter into its most productive period of the year. The director wanted to close the company, as he did not see the situation improving in the long term.