Business Details
30 Years
experience
Expert Insolvency Solutions in Altrincham
Lines Henry is a long-established firm of Licensed Insolvency Practitioners with decades of experience supporting individuals and businesses through financial difficulties. Formed in 1996 through the merger of two licensed practices, we specialise in business recovery, debt restructuring, and insolvency solutions. Our team prioritises empathy and clarity, treating clients as individuals rather than numbers while delivering unbiased, straightforward advice. We handle complex cases including Administrations, Company Voluntary Arrangements, Liquidations, and Personal Debt Solutions, working closely with clients to create tailored recovery plans.With offices in Altrincham, Wigan, and Littleborough, we serve clients nationwide, focusing on resolving financial challenges without deferring problems or adding undue pressure. Our expertise extends to Contractor Companies, IR35 compliance, and business finance, ensuring comprehensive support across diverse financial scenarios.
Services
Administration
Company Voluntary Arrangements
Liquidation
Partnership Insolvency
Sole Trader Insolvency
Personal Debt Solutions
Business Finance
Asset Finance
Bridging Loans
Sales Invoice Finance
Details
- Year established: 1996
Highlights and features
- We have over 25 years of experience in insolvency and debt recovery.
- Our team consists of Licensed Insolvency Practitioners with specialist knowledge.
- We provide tailored solutions prioritising client welfare and business continuity.
- We operate with transparency and aim to dispel stigma around financial difficulties.
- Our nationwide offices offer localised support with a personal approach.
Associations and certifications
- Insolvency Practitioners Association
Services
Administration
Administration protects insolvent companies from creditor action while devising recovery plans. Our licensed practitioners assess viability, negotiate asset sales, and implement strategies to rescue businesses or achieve better creditor outcomes. We specialise in pre-pack administrations and director support, ensuring compliance with regulatory frameworks while prioritising job preservation and operational continuity.
Company Voluntary Arrangements
CVAs allow businesses to restructure debts through legally binding agreements with creditors. We draft proposals for repayments over 1-5 years, enabling companies to retain assets while addressing liabilities. Our process includes creditor negotiations, cashflow forecasting, and supervision to ensure compliance, helping businesses avoid liquidation and maintain trading operations.
Liquidation
Liquidation involves winding up company affairs, realising assets, and distributing proceeds to creditors. We handle Creditors' Voluntary Liquidations (CVL) for insolvent businesses and Members' Voluntary Liquidations (MVL) for solvent companies. Our process includes creditor notifications, asset valuations, employee consultations, and regulatory filings, ensuring transparent and compliant closure procedures.
Personal Debt Solutions
We provide tailored solutions for individuals facing unmanageable debt, including Individual Voluntary Arrangements (IVAs) and bankruptcy advice. Our practitioners assess financial circumstances, negotiate with creditors, and create repayment plans to help clients regain control. We prioritise confidentiality and aim to reduce stigma associated with personal financial difficulties.
Business Finance
Our business finance services connect clients with asset finance, bridging loans, and invoice financing options. We assist directors in securing pre-pack funding and restructuring capital to support insolvency recovery. By leveraging industry contacts, we help businesses access working capital while navigating complex financial challenges.
Questions
What is the difference between Administration and Liquidation?
Administration focuses on rescuing viable businesses or achieving better creditor outcomes, while Liquidation involves winding up company affairs and distributing assets.
Can I retain control of my business during Administration?
No, a licensed administrator takes control, but may continue trading while developing recovery plans or arranging asset sales.
How does a Company Voluntary Arrangement (CVA) work?
A CVA allows businesses to repay debts over 1-5 years through legally binding agreements with creditors, enabling continued trading while addressing liabilities.
What happens to employees during Liquidation?
Employees may claim unpaid wages and redundancy payments through government schemes, with potential liabilities transferring to new business owners in pre-pack sales.
Do I qualify for an Individual Voluntary Arrangement (IVA)?
IVAs suit individuals with significant unsecured debts who can commit to structured repayment plans approved by creditors.
How can Contractors deal with IR35 tax investigations?
We assist contractors facing HMRC determinations by advising on voluntary liquidation options, tax negotiations, and compliance strategies to minimise personal liability.
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