arrow
arrow
arrow
arrow
arrow
arrow
arrow
arrow

Case Studies

All our insolvent case studies relate to businesses which the directors of Brailey Hicks have previously helped to navigate insolvency and usually find a road to recovery.

They have been used to illustrate the different procedures and the potential outcomes. Each scenario is only an example and each real life scenario will have its own differences depending on the circumstances.

Icon document tick

Company Voluntary Arrangement (“CVA”)

A construction company that had traded successfully for a significant time had encountered difficulties.

TELL ME MORE

Icon document tick

Creditors’ Voluntary Liquidation (“CVL”)

A traditional wholesaler was no longer able to compete in the market and required help improving profits.

TELL ME MORE

Icon document tick

Individual Voluntary Arrangement (“IVA”)

A business trading for over 20 years and passed down from father to son required help and advice.


TELL ME MORE

Icon document tick

Administration

This particular administration started out as a potential pre-pack administration.

TELL ME MORE

Icon document tick

Case study - Pre-Pack Administration ("pre-pack")

A company had traded for a few years and was viable in the longer term. However, it had problems meeting the required cashflow in the next few years while it continued to establish the brand. A pre-pack administration enabled the business to be sold with virtually no disruption to the ongoing trade.

TELL ME MORE

Icon document tick

Members’ Voluntary Liquidation (“MVL”)

The owners of a very successful and solvent business wished to extract the cash and other assets from the company in the most tax efficient manner for them personally.

TELL ME MORE

Get in touch

How can we help?

arrow
arrow
arrow
arrow
arrow
arrow
arrow
arrow

Contact Brailey Hicks

Brailey Hicks
13 Reynolds Park
Plympton, Devon
PL7 4FE

map of United Kingdom

Call. 01752 914410

map of United Kingdom map of United Kingdom