Our commitment to you with every FREE consultation
Our time
We spend time with you, in person at your Newark-on-Trent premises, or by phone or Zoom call, to understand your situation and explore all options.
Our advice
Following the consultation, we email you a report summarising our discussion with you, confirming our advice to you and providing a way forward.
Our support
Your personal advisor is available to support you, offering follow-up discussions as needed. Where possible, we are contactable in the evenings and weekends and provide a mobile number for direct access.
Struggling with company debts?
Bridgewood’s team of business advisors and insolvency experts are here to support companies across Nottinghamshire, offering clear, practical guidance tailored to your situation.
As experienced insolvency and liquidation specialists, we are committed to delivering the very best advice and solutions. With over 100 years of combined expertise across our team, we pair deep technical knowledge with a genuinely personal approach, ensuring you receive the right support to achieve a positive outcome for your Newark based business.
Book A FREE ConsultationOur team of specialists are ready to help businesses in Newark-on-Trent.
Bridgewood is a team of insolvency and business advisory experts, all working with the same objective: to achieve a positive outcome for clients, whatever the circumstances.
With over 100 years of combined experience and advisers based in Nottinghamshire and across the UK, we can support you wherever you are.
Andrew Smith
Insolvency Practitioner & Partner
Tom Grummitt
Insolvency Practitioner & Partner
Aftab Zahoor
Associate Partner
Jennifer Ellyatt
Insolvency Practitioner Advice Manager - South
Need Advice?
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Covering Newark-on-Trent, we are here when you need us.
Covering Newark-on-Trent
If you would like more information about our insolvency and liquidation services in Newark-on-Trent please call 0800 987 1040 for FREE immediate advice or request a callback below.
Book A FREE ConsultationInsolvency Advice Newark-on-Trent - We're Here to Help
CVA (Company Voluntary Arrangement) Newark-on-Trent
A CVA may be an appropriate solution if your business in Newark-on-Trent has a viable future but is currently struggling with cash flow issues and increasing debt.
- Enables the company to continue trading, with existing directors remaining in control
- Writes off debt the business cannot realistically afford to repay
- Stops creditor action such as CCJs and winding-up petitions
- Eases cash flow pressure
- Clears the company’s unsecured debts, typically within five years
CVL (Creditors' Voluntary Liquidation) Newark-on-Trent
If your company is insolvent and unable to trade out of its current financial difficulties, a CVL may be the only appropriate course of action.
The Company Directors Disqualification Act 1986 places strict obligations on directors who fail to act on early warning signs of insolvency, making it essential to seek professional advice at the earliest opportunity.
- Ensures all directors’ legal responsibilities are met
- Brings the business to a formal close, allowing trading to cease
- Fees from just £2,500
Administration Guidance Newark-on-Trent
Administration is an alternative to liquidation or receivership, with its primary purpose being the survival of the company, or part of it, as a going concern.
- Helps avoid receivership or liquidation
- Provides legal protection from creditors while a restructuring plan is developed
- Allows the business to continue trading during this period
- Focuses on preserving the company or part of its operations
- Often exited in order to enter a CVA
Need advice?
Book your FREE consultation or request a call back.
