Our services

Business recovery and insolvency

If your business is in danger of becoming insolvent, time is of the essence. You need to create enough cash flow to operate profitably while paying off your debts. More importantly, you need to effectively demonstrate this to your creditors. The sooner you receive expert guidance on how to do this, the better your chances of saving your business.

At Kreston Global, our consultants can support you with remedial business insolvency advice. Whatever the factors contributing to your insolvency risks, we’re ready to advise you on the course of action most conducive to recovery. If you’d like to speak to us, and find out more about how we can help you get your business back on track, get in touch today.

The scope of our business recovery and insolvency services

We’re able to provide bespoke business recovery advice depending on your unique circumstances and the factors contributing to your insolvency risks. We’ll advise you on the recovery actions available to you, including but not limited to the following.

Reducing your operational costs

You may be able to avoid insolvency if there are areas in which you can reduce your business’ operational costs. Our experts can help identify these opportunities to streamline your company, allowing it to begin trading profitably again.

Renegotiating your debts

Our experts will analyse your debts for restructuring opportunities. By negotiating lower interest rates or extended due dates, it may be possible to prevent insolvency. Moreover, if your limited company is battling temporary challenges, we may be able to arrange a Company Voluntary Arrangement (CVA). If your creditors agree to it, you will pay them over a fixed period while continuing to trade. Under a CVA, your creditors will be unable to pursue further legal action and any outstanding debt will be written off at the end of the agreed period.

Alternative finance options

In many cases, insolvency risks stem from cash flow problems. Where suitable, we can help you secure a cash injection to help you avoid a serious business recovery and insolvency situation. This could take the form of services such as invoice factoring or discounting, which release cash trapped in your outstanding customer invoices. Alternatively, we can find the right business loans, bank accounts or overdraft facilities that give you just enough leeway to avoid voluntary insolvency.

Business restructuring

It might be possible that making significant changes to the operations or structure of your company could make debt repayments more manageable. Our specialists can provide you with business restructuring services and help make insolvency proceedings less likely.

Business administration

The best course of action might be to enter your business into administration. An administrator could be the best chance to rescue the company. We can tell you if this is the case. If so, our experts will guide you through the process of placing your business under administration, whether in-court or out-of-court.

Why choose Kreston Global for business recovery and insolvency advice?

Here at Kreston Global, we’re dedicated to helping you get the most out of your business. With a global network spanning more than 115 countries and 160 independent accounting firms, we can provide you with advisory services tailored to your unique needs.

These include business rescue services, designed to give your business the best possible chance of recovery. We’ll use our wealth of experience to help your business start trading profitably again. In the unlikely event that we haven’t dealt with the source of your cash flow problems before, we’ll find and work with a specialist who has.

If you would like to know more about how our business recovery and insolvency services can help you, simply get in touch and talk us through your challenges. You can also become a member, which opens up access to our global network of more than 25,000 accounting specialists.

Client success stories

Kreston SNR ESG Climate Change

Kreston SNR leads the way in India

The entire world is working towards various solutions to avert the crisis that could, one day cost us all of human existence, even: Climate Change. At COP 26, held in November 2021, there was consensus on many action points that were proposed.


Lion Cashmere Midco Ltd, London, UK

The DMC Group’s main business is the manufacture and distribution of yarn and embroidery products. Kreston Global UK member firm, Kreston Reeves, supports British firm Lion Cashmere Midco.