Limited Company Reconstruction And Recovery

Introduction Company Voluntary Arrangement Administration Order Members Voluntary Liquidation S425 Scheme of Arrangement Informal Agreement Print option

Detailed information on formal reconstruction and recovery solutions available to limited companies, which require the appointment of a Licensed Insolvency Practitioner, can be found by clicking on the appropriate page links above.

In an ideal world it would be possible to secure the survival of all companies by means of internal reorganisation and restructuring combined with the introduction of new working capital and refinancing solutions. Although at BRA this is what we will always first seek to achieve, it is inevitable that it is not always going to be possible. In particular there are often fundamental historical or other underlying problems with a business such as the impact of significant bad debts that need to be addressed in order to provide the stability required to enable the company to return to long term profitability.

In these circumstances, following our free business review, it may be our recommendation that formal recovery proceedings requiring the appointment of a Licensed Insolvency Practitioner be implemented, such as a Company Voluntary Arrangement, Administration Order or Section 425 Scheme of Arrangement.