Providing expert business advice on company rescue, restructuring and insolvency 

Trading in difficult circumstances can result in a wealth of problems, impacting on both creditors and directors. Often companies continue to trade in financial circumstances that could give rise to potential personal liability for the company’s officers as well as possibly exposing creditors and other stakeholders to greater losses.

At PCR we believe in avoiding formal insolvency proceedings where possible and provide, where appropriate, clear advice on trading out of difficult circumstances by eliciting support from stakeholders in financial restructuring.

Sometimes formal insolvency processes cannot be avoided and in these circumstances PCR provide assistance in the full range of insolvency processes carried out under UK legislation.

We have offices in Middlesex, Newcastle, London, Bristol and Sussex with additional representatives in Hertfordshire with clients coming to us from all over the UK.

Start-Up Support & Finance

PCR's Advisory arm assists businesses from start up advice to ongoing financial management.
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Case Studies

  • “Lee proved yet again that he was able to profitably manage the business, and craft a sale that provided value for stakeholders in what was a commercially and technically difficult situation.” Stewart Perry – Clyde & Co      Read This Case Study ››

  • “We felt a great deal of relief when we instructed PCR as we assumed it was the end of the road for our business. PCR recommended some tough measures but the results speak for themselves.” Finance Director      Read This Case Study ››

  • “PCR having the foresight to involve us early on allowed us to assist them in maximising realisations.” Quantity Surveyor      Read This Case Study ››

PCR News Blog

  • Modernised insolvency rules to launch next year

    The Insolvency Service has announced that new insolvency rules will come in to place from the 6th April 2017, replacing the existing insolvency rules of 1986. The new legislation would include replacing the 28…
  • A real life story showing how honesty is the best policy

    A person made bankrupt under the provisions of the Insolvency Act 1986 (“the Act”) has a legal duty to cooperate with the Official Receiver and Trustee in Bankruptcy and is under strict legal duties to disclose the…
  • Tipping Point - Balancing Egg

    Tipping Point - Predicting The Next Crash

    Around this time in 2015, the International Monetary Fund’s Global Stability report questioned whether there was a sustainable recovery. The economic world being hooked on ultra-low borrowing costs. Cheap money created…
  • Director’s Duties - Competing interests in distressed situations

    We were recently instructed to advise a business in financial difficulty. It was clearly insolvent and under pressure from creditors, however, there appeared to be value in the core business, built up over 50 years of…

Civil & Commercial Mediation

MEDIATION SAVES MONEY

Save time and legal costs with expert dispute resolution. PCR deliver cost-effective answers to issues holding back your business.

BUSINESS MEDIATION ››

Insolvency Claims

INSOLVENT CUSTOMER? 

If your business is facing losses from a customer becoming insolvent, we can protect your interests and ensure fair treatment of your claim.

CLAIMS MANAGEMENT ››

Business Advisory

READY TO HELP BUSINESS

From start up business plan, to funding, to management and exit strategies, PCR help you achieve your goals.

BUSINESS ADVISORY  ››

Contact PCR

YOU HAVE OUR ATTENTION 

For confidential and discrete assistance use our priority contact form which immediately alerts a senior member of our national team.

PRIORITY CONTACT  ››

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