Simon Underwood – Business Recovery Partner
How to shut a business
We understand that the pressure faced by individuals and company directors when dealing with financial challenges can be overwhelming. The uncertainty of the situation can create an environment where it is difficult to plan clearly and, due to the complex nature and time sensitivity of the matter, it is important to get the best possible advice quickly.
Business Recovery Services
An outline of our services includes:
- Option analysis and evaluation
- Company Voluntary Arrangements
- Creditors’ voluntary
- Members’ voluntary
- Personal insolvency advice and formal options of Individual Voluntary Arrangements (IVAs) and bankruptcy.
With access to the entire Menzies accountancy practice, we have a wide range of in-house services that we can call on, in order to offer a complete resolution to your business challenges.
Experts in Business Recovery
We are a dynamic team of business recovery professionals with a wealth of expertise and sector experience to draw upon, in order to address your financial situation. We will provide you with clarity on the options available and work alongside you to bring about the best possible outcome.
The Menzies’ business recovery team is made up of 10 Insolvency Practitioners, with over 40 professionals based predominately in London and Cardiff, however, we also operate out of our six offices in the Home Counties.
We feel that understanding the business sector and therefore the exact pressures that our clients face, is particularly useful when seeking the right solution. Our team is diverse and therefore our experience is varied. However, we have particular expertise in the following sectors:
- Business Services – Bethan Evans / Freddy Khalastchi
- Healthcare – John Cullen / Simon Underwood
- Hospitality & Leisure – Bethan Evans / David Thurgood
- Manufacturing – Bethan Evans / Laurence Pagden
- Property – Freddy Khalastchi
- Retail – Freddy Khalastchi
- Technology – John Cullen / Simon Underwood
- Transport & Logistics – John Cullen / Simon Underwood
We work closely with solicitors and agents to ensure a cohesive approach and have strong working relationships with all retail banks, asset-based lenders and a range of bespoke funding providers.
Award winning Business Recovery services
Menzies Business Recovery and Turnaround teams have been awarded the coveted Corporate Restructuring Firm of the Year award at the Turnaround, Restructuring & Insolvency (TRI) Awards 2018. This is for the second year in a row!
Read more about our latest award win.
In 2017, Menzies Business Recovery were awarded the TRI award for Corporate Restructuring Firm of the Year, while Menzies Turnaround Director Paul Davies was named Turnaround Professional of the Year at the 2017 TRI Awards!
Menzies Business Recovery and Turnaround team were proud finalists at the 2019 Credit Awards for the Corporate Restructuring & Insolvency Team of the Year award!
Our teams have been finalists at the 2017 TRI Awards for Turnaround Firm of the Year and Turnaround of the Year and in 2014 were named “Corporate Recovery Firm of the Year” having previously been a finalist in 2013.
Contact Menzies Business Recovery team
To speak to a partner or for more information about the services we offer please contact one of the Menzies LLP offices or complete the contact form below.