Finding the Path to Financial Recovery: Informal Workout Strategies
Steps for an informal workout can be followed by businesses facing financial distress or challenges, without involving a formal insolvency process...
Formal Insolvency & Contingency Planning
Cork Gully guides boards and creditors through formal insolvency when rescue is no longer possible. We provide contingency planning, options appraisal, and independent management of processes including administrations, CVAs, and liquidations. Our licensed practitioners ensure compliance, transparency, and value protection throughout formal procedures in the UK and offshore.
Why Cork Gully
We are licensed insolvency practitioners with decades of experience handling administrations, liquidations and complex cross-border processes. At a glance:
- FCA-regulated, licensed practitioners
- Senior partner-led appointments
- Proven record in high-profile insolvencies
Challenges We Address
- Insolvent or near-insolvent companies
- Directors at risk of wrongful trading liability
- Creditor petitions and winding-up orders
- Cross-border insolvency complications
Our Services
- Contingency planning for distressed companies
- Trading administrations and pre-packs
- Company Voluntary Arrangements (CVAs)
- Creditors’ Voluntary Liquidations (CVLs) and Members’ Voluntary Liquidations (MVLs)
- Court-appointed compulsory liquidations
- Acting as administrators, liquidators or trustees in bankruptcy
- Cross-border recognition and coordination
Our Approach
- Early contingency planning with boards and creditors
- Options appraisal to determine best formal process
- Execution as administrators, liquidators, or trustees with transparent reporting
"Trusted to deliver order and value in distress"
Redcar Bulk Terminal
Stephen Cork and Neil Smail of Cork Gully LLP were appointed as Joint Receivers over shares held by Sahaviriya Steel Industries UK Limited (in Liquidation) (SSI UK) in Redcar Bulk Terminal Limited (RBT) by a syndicate of Thai banks owed excess of $1billion...
Cork Gully expands debt restructuring, capital raising and M&A services
Cork Gully, a leading financial advisory firm specialising in restructuring and strategic solutions, is proud to announce the establishment of its Stressed...