Business Details
26 Years
experience
Emergency
services
Trusted Business Rescue & Insolvency Services in Norwich
At McTear Williams & Wood, we specialise in supporting SMEs across the UK when financial challenges arise. With over 20 years of experience, our team of licensed insolvency practitioners, chartered accountants, and restructuring specialists provides tailored advice on business rescue, insolvency, administration, and liquidation. We prioritise early intervention to explore all viable options, from negotiating with creditors to implementing turnaround strategies, ensuring the best possible outcome for businesses in distress.Our commitment to professionalism is underscored by our regulation under the Institute of Chartered Accountants in England and Wales (ICAEW), offering clients confidence in our integrity and expertise. We approach every case with empathy, recognising the human impact behind financial difficulties, and deliver clear, actionable solutions.
Services
Business Rescue
Company Voluntary Arrangement
Insolvency Support
Liquidation Services
Turnaround Finance
Creditors Negotiation
Emergency Funding
HMRC Debt Management
Director Disqualification Guidance
Business Health Check
Details
- Year established: 2000
Highlights and features
- We have over 20 years of experience in business rescue and insolvency.
- Our team includes licensed insolvency practitioners and chartered accountants.
- We offer a free, confidential initial consultation with no obligation.
- We prioritise business rescue and turnaround strategies over formal insolvency.
- We are regulated by the Institute of Chartered Accountants in England and Wales.
Associations and certifications
- Institute of Chartered Accountants in England and Wales (ICAEW)
Services
Business Rescue
Our business rescue services focus on stabilising companies facing financial distress through strategic interventions. We assess cash flow, negotiate with creditors, and develop actionable recovery plans tailored to each client's unique circumstances. With a team of licensed insolvency practitioners and chartered accountants, we prioritise preserving business continuity while ensuring compliance with regulatory standards. Our proactive approach often helps clients avoid formal insolvency proceedings.
Company Voluntary Arrangement
A Company Voluntary Arrangement (CVA) allows businesses to restructure debts while continuing operations. We guide directors through this formal process, negotiating binding agreements with creditors to repay debts over time. Our expertise ensures compliance with insolvency regulations while maximising the viability of ongoing business activities.
Creditors Voluntary Liquidation
For insolvent companies, a Creditors Voluntary Liquidation (CVL) provides a structured exit. We assist directors in initiating this process, liquidating assets to repay creditors, and fulfilling statutory obligations. Our support includes navigating director liabilities and exploring post-liquidation opportunities.
Turnaround Finance
Our turnaround finance solutions address short-term liquidity crises. We connect businesses with funding options such as business angels, private lenders, or emergency financing to bridge cash flow gaps. This support enables companies to stabilise operations while implementing long-term recovery strategies.
HMRC Debt Management
We specialise in resolving HMRC tax arrears, including PAYE and VAT liabilities. Our team negotiates manageable repayment terms and explores relief options to alleviate financial pressure. This service helps businesses avoid enforcement actions while maintaining compliance with tax obligations.
People
Andrew McTear
Director
Co-founder with over 20 years of insolvency expertise, specialising in business rescue strategies and corporate recovery solutions for SMEs.
Chris Williams
Director
Licensed insolvency practitioner focusing on restructuring complex financial situations and delivering tailored solutions for distressed businesses.
Tony Harrison
Director
Specialises in creditor negotiations and turnaround management, with a track record of helping businesses avoid formal insolvency.
Gail Wilson
Director
Expert in insolvency procedures and liquidation processes, providing strategic guidance to directors facing financial distress.
Gary Rupping
Director
Focuses on forensic accounting and insolvency fraud investigations, ensuring compliance and transparency in financial restructuring.
Questions
What options exist for businesses struggling with HMRC debt?
We negotiate manageable repayment plans for PAYE and VAT liabilities, helping businesses avoid enforcement actions while maintaining compliance.
How can a Company Voluntary Arrangement (CVA) save my business?
A CVA allows debt restructuring through binding creditor agreements, enabling continued operations while repaying debts over time.
What happens during a Creditors Voluntary Liquidation (CVL)?
Assets are liquidated to repay creditors, directors' liabilities are addressed, and statutory obligations are fulfilled under licensed practitioner oversight.
Can I access emergency funding for cash flow issues?
Yes, we connect businesses with turnaround finance options like private lending and business angels to stabilise operations.
How do personal guarantees affect insolvency proceedings?
We assess liability risks and negotiate terms to protect directors from personal financial exposure where possible.
What support exists for Bounce Back Loan repayments?
We provide tailored solutions to manage loan repayments and mitigate personal liability risks for directors.
