Financial difficulty can seem like a huge barrier to overcome when you’re facing insolvency and you can often feel isolated. Here at BCIA Recovery & Turnaround we can help you face up to your financial issues by recommending and assisting in administration where necessary to help you stabilise your operation against ongoing creditor issues.
In some instances, insolvency practitioners will take over the day-to-day activities for the business and will attempt to stop any further legal action taking place in order to help tidy up the company’s finances. We can guide you through this process and help you appoint administrators, whether by choice or by court application.
Trading administrations are fast becoming a thing of the past with the norm these days being Pre-Pack Administration. These situations are especially delicate as they require the issues of the failing company to be highlighted and remedied before the beginning of a new company - the skill lies within being able to highlight the reasons for the demise of the company and being able to quickly plan the solutions for when the company comes out the other side. With over 40 years of experience and a team of insolvency experts, lawyers and accountants you can rest assured that your company is in safe hands with us on your side.
To learn more about how you could benefit from administration then contact our professional team today, we’re always happy to help you and will provide an initial consultation to assess your individual requirements wherever you are in Derby, Chesterfield, Sheffield or anywhere in the UK (except Scotland).
Want to know more about Administration? Read more in our resource centre.
I have dealt with Jamie Buchanan and BCIA for a number of years and have always found him and them excellent value. That is, they are very competent, hard working, reasonably priced, capable of lateral thinking, not stuck in traditional ruts.
They have a wide range of connections and know the right person for the job if a specialism they do not have is required.
Above all, they are positive and constructive and look for a good outcome.Alex Bevan, Mediator
BCIA could not have been more helpful with their guidance in assisting us in a pathway to reconstructing our business and our lives. If you are thinking of using a recovery company, in my opinion, you could not use a more professional or helpful practice. Always answering a call when you need them most and if engaged, responding as promptly as they possibly can. If you are a small or large company they can tick every box that you require.Trevor & Heather Webber, Directors, Brake & Service World Ltd