Experienced oversight from the initial conversation through implementation.
Independent insolvency advice, based in the North West
Clear advice for directors when the company is under pressure.
Understand the immediate risks, the realistic options and what needs to happen next. Radford Advisory supports directors across the UK through rescue, restructuring and formal insolvency.
Free initial discussionConfidentialWithout obligation
What needs to happen next?
Start with the outcome, not the procedure.
We test what is commercially achievable before recommending a formal route.
01
Protect a viable business
Explore breathing space, funding, administration or a sale where the underlying business has value.
Explore rescue options 02Restructure historic debt
Assess whether future trading can support an informal agreement or company voluntary arrangement.
Explore restructuring 03Close an insolvent company
Understand the CVL process, employee position, company assets and the director's ongoing duties.
Understand a CVL 04Close a solvent company
Prepare for an orderly members' voluntary liquidation and distribution of surplus assets.
Understand an MVLOur services
Formal processes supported by commercial advice.
Every recommendation starts with cash, viability, creditor pressure, available value and the board's objectives.
Insolvent closureCreditors' voluntary liquidation (CVL)
A director-led route to close an insolvent company that cannot continue.
Business protectionAdministrationA statutory process that can create breathing space and protect value.
Debt restructuringCompany voluntary arrangement (CVA)A binding compromise with unsecured creditors for a viable company.
Urgent adviceCompulsory liquidationGuidance where a creditor has threatened or presented a winding-up petition.
Early interventionInformal restructuringCommercial review and stakeholder engagement before a formal process is required.
Solvent closureMembers' voluntary liquidation (MVL)A statutory route to settle liabilities and distribute remaining assets.
50+years of combined insolvency and legal experience
Directsenior-level involvement
IPAauthorised insolvency practitioners
UK-widetelephone and video advice
Why Radford Advisory
Experienced judgment without unnecessary distance.
We combine insolvency and legal knowledge with direct communication and a personal service. Advice is independent, commercially focused and candid about what is achievable.
How we workPlain English explanations of the process, risks, choices and next actions.
Attention to cash, value, people, creditor outcomes and practical delivery.
Fees and the likely work are discussed once the circumstances are understood.
Director guidance
Read the issue before you discuss it.
Concise guidance on the questions directors most often raise.
View all guidanceCommon questions
Straight answers to difficult questions.
The correct answer depends on the company's circumstances, timing and financial information.
Does taking insolvency advice mean the company must close?
No. Early advice should identify all realistic options, including restructuring, refinancing, a sale, a formal rescue process or closure.
Can I continue trading if the company cannot pay every debt?
The board should consider cash flow, creditor impact, reasonable prospects and the information available. Continuing without a reasonable basis can increase risk.
Will I be personally liable for company debts?
Company liabilities are normally separate, but guarantees, an overdrawn loan account and particular conduct can create personal exposure.
What happens if a winding-up petition has been presented?
A petition is time-sensitive and can affect the company bank account and available options. Advice should be taken immediately.
A useful first step
Get an initial view of your options.
Answer a small number of questions about the pressure facing the company. The initial discussion is free and without obligation. Fees for any formal work are explained before an instruction is accepted.