Company Director, Warwickshire
I would like to go on record as stating that I found Cranfield’s services to be outstanding. Your calm professionalism was very much appreciated at a time of great personal stress and of course you achieved a terrific outcome that I did not expect to be achieved.
So, thank you for everything, you have been terrific. My only regret is that I didn’t know about you or make contact a long time ago as it would have saved me a great deal of worry and misery.
What Our Clients Say
Cranfield Business Recovery, with its head office located in Coventry and with eight other regional offices throughout England and Wales, works with businesses, individuals and their advisors throughout the country. The broad range of experience within the team means we have a great deal of knowledge about all business sectors from traditional manufacturing companies to those involved in emerging technology, renewable energy and the service sector.
To give best advice we have to be able to understand a client’s business. This selection of client testimonials illustrates how we work to get the best results for the businesses and individuals we work with.
Managing Director, Contract Cleaning Company, Cambridgeshire
Although we were experiencing the most stressful time of our business lives, the support, guidance and professional advice we received from the team at Cranfield Business Recovery gave us the reassurance to deal with the issues present in our business and to have the confidence to plan for the future. They also referred us to an employment specialist who helped us secure our full directors redundancy entitlements.
We would highly recommend the services of Cranfield Business Recovery to any directors in need of help and guidance.
Director, Cleaning Industry, Birmingham, West Midlands
As founder member of my company 46 years ago, it was very traumatic to see my business go into liquidation. Coming to terms that your business has failed is bad enough, but having to decide how to deal with long term members of staff with families is very stressful. I was introduced to Cranfield Business Recovery Limited by our accountants. The professionalism, advice and continual support I received from Cranfield proved to be invaluable. The personal one to one advice given by my insolvency practitioner helped me through mentally and gave me the strength to move forward in making very difficult decisions.
Director, Scaffolding Company, Luton
In an ideal world, insolvency practitioners are not the people you want to meet. The very nature of their profession means that the outcome will leave all parties involved less than happy. However we are not conducting business in an ideal world and events outside of your control can overwhelm even the best business. So if the services of an insolvency practitioner are necessary then the requirement is for knowledgeable, efficient and swift acting, pragmatic and sensitive people. Cranfield Business Recovery have those people and are able to produce an outcome that has the highest degree of satisfaction for all parties, the creditors , the staff and the shareholders.
Director, Leisure Industry, Warwickshire
Cranfield Business Recovery were recommended to us following a dispute we had with HMRC and it was necessary to put our company into liquidation. We met with Tony Mitchell and Tony's advice was clear, precise and professional. The thought of meeting someone who is going to 'liquidate' your company can appear frightening but Tony made everything straight forward and was very friendly and approachable. He kept us fully informed of everything that was going on, exactly what he would do and how he would approach everything. He made the whole process much easier and more acceptable than we otherwise thought it would be. I hope I never have to recommend Cranfield Business Recovery to any of my friends but if I ever did have to then I would have no hesitation in pointing them in the direction of Cranfield Business Recovery. We would like to thank Tony and his team for all their help, assistance and advice during the process.
Restaurateur, Birmingham, West Midlands
A very professional, helpful & knowledgeable organisation. Helped us through a very difficult period with great advice and understanding. Would recommend them to anyone in need of business advice. Excellent service.
Director, Construction Business, Redditch, Worcestershire
The recession has made for remarkably challenging conditions in construction and although the business was surviving it needed a good 12 months worth of improved trading to clear modest debts and return to profit once more. It seemed however there was insufficient new work to recover the position within a reasonable timescale and hence there was a risk of incurring still further debt whilst waiting for the recovery. As a director I had to act responsibly and placing the business I started from my home 8 years ago into liquidation was a very distressing proposition. Thanks to the advice, care and diligence of Cranfield Business Recovery the whole process has been far less stressful than I had imagined. From the very first meeting I knew I was making the right decision, my business still had significant value in its debtor book and with some work still in progress I knew valued and respected creditors were very likely to receive much if not all money owing. The creditors remain my greatest concern in all of this, the process is still ongoing but from the regular updates received I am very confident of a successful outcome thanks to the excellent initial advice and professional response provided by the entire team at Cranfield.
Finance Director, Car Repair Company, Leamington Spa, Warwickshire
After first speaking to Tony Mitchell, straight away we both felt that here was somebody who could really help us and right from the start of his involvement we felt the burden of the pressure ease. Although Administration was our least favoured option, it has allowed us a fresh start and we are confident about the future.
Managing Director, Manufacturing Company, Wales
Putting ones company into Voluntary Liquidation, albeit Solvent is a daunting prospect and probably a once in a lifetime experience. The Cranfield team carefully explained the procedures and responsibilities of the Directors which was very reassuring. The process went like clockwork, Cranfield were on hand as and when needed to resolve the issues that arose, completing the whole process most satisfactorily.
Director - Gloucestershire
I was referred to Cranfield Business Recovery by somebody whose judgement I trust and I am pleased that I used them for my solvent liquidation. They explained the process clearly and I felt comfortable with how matters were dealt with throughout. I would not hesitate in recommending Cranfield to others.
Director, Body Shop and Motor Mechanics Company, Birmingham, West Midlands
Nobody sets out in business to fail. Unfortunately in the present times of economic difficulties, however it happens, the reduced level of incoming work and the delayed payment of invoices, combined with a two week break for public holidays can have a devastating effect on a business cash flow etc. It was this combination of facts that led to the failure of our company. Following a meeting of the directors with our accountants and after much soul searching it was decided that it would be prudent to stop trading.
Our accountants suggested that we call on the assistance of Cranfield Business Recovery for their help and advice. At the initial meeting they took time to explore the possibilities of a recovery plan with the directors but unfortunately it was agreed to suspend trading. The team arrived on the appointed Monday morning and explained in sympathetic and comprehensive terms to the staff the situation the company had found itself in. They also explained the procedures which would follow with regards to redundancy payments and looking for alternative employment. The questions which were raised by the staff were answered fully and in terms that they understood.
During the days and weeks which have followed the team at Cranfield have kept the directors fully informed of each step which has been completed, in the final winding up of the company, and while this matter is not yet finalised, we feel sure that we will reach a satisfactory conclusion, for suppliers, customers and the directors.
As I said at the start, nobody sets out to fail, but if this should happen I feel sure that we could not have called on a more professional company to assist in bringing this matter to a conclusion.
Director, Executive Travel Company, Nuneaton, Warwickshire
Cranfield Business Recovery was recommended to me by my accountant and we initially had a meeting with Tony Mitchell regarding my company’s financial situation.
Mr Mitchell quickly grasped our position and explained in easy to understand language the options open to us. Cranfield subsequently helped me place the company into voluntary liquidation and throughout were supportive and very user friendly.
If you find yourself in any sort of financial difficulties, I would not hesitate recommending that you speak to Cranfield for advice and assistance.
Managing Director, Pattern & tool manufacturers, Birmingham, West Midlands
Cranfield are always readily available to assist when needed.
As a pattern and tool making company, we were hit hard by the recession in 2009 and we were forced to look into dramatic changes within the company. Cranfield have made it possible for our company which was founded in 1939 to continue to trade.
We have and continue to receive tremendous help and support from Cranfield, their advice has enabled us to get the necessary support from our creditors to enter into a Creditors Voluntary Arrangement (CVA).
The CVA period is three years. Cranfield is instructing and guiding us through the process; keeping us fully informed each step of the way on the procedures, legalities and actions to take.
Their knowledge, efficiency and professionalism have helped the process to progress effectively without undue stress and disruption.
At Cranfield Business Recovery Ltd. Patrick Murtagh and the team understand our problems and provide excellent assistance; we would not hesitate to recommend them.
Director, Printing Company, Birmingham, West Midlands
The guidance and support provided by Cranfield Business Recovery Ltd, the liquidators, has been first class.
Managing Director, Vehicle Hire Company, Oxfordshire - Administration
Cranfield Business Recovery Limited was recommended to me as specialists in business recovery. They quickly understood the difficulties my business was facing and came up with a practical solution. As a result of their advice, I have managed to preserve my business with minimal disruption.
Managing Director, Worcestershire - Creditors Voluntary Liquidation (CVL)
Throughout the process of putting my company into liquidation, admittedly a daunting task, Cranfield kept all their promises and made sure I was fully informed of the situation all the way through. I was under no illusions of what would happen for each step of the process. I got on very well with the liquidators, and under the circumstances, Cranfield made the whole experience as comfortable as it possibly could be.
Managing Director, Training Company, Banbury, Oxfordshire
After trading for over 20 years it was devastating when just over a year ago the company, which I was a director of, went into voluntary liquidation. At first we thought it was going to be a humiliating and painful experience – and in some ways it was! However, with the help on Tony and his team the process turned out to be much easier than we had feared. They were always at hand to answer questions and generally supported us where and when we needed it. I would thoroughly recommend them to any company who had the bad luck to find themselves in a similar position.
Managing Director, Machine Relocation Company, Coventry, West Midlands- Creditors Voluntary Liquidation (CVL)
My company, which provided machine relocation services for Coventry's growing light engineering industry, and I were referred to Cranfield Business Recovery Limited by my accountant. The company had been trading since 1961 and had an excellent reputation for providing a cost effective and efficient service to local industry.
The company began to suffer from customers elongating payment terms and an increasingly competitive market during 2003. Although the company undertook a rationalisation exercise and reduced the workforce, the decline in work started to have an effect on the profitability of the company.
It was clear that the trading environment for the company had changed significantly and after working with Cranfield Business Recovery to explore all the available options I decided that the correct course of action was to cease to trade.
As a result of recognising my problems early and receiving good advice from Cranfield Recovery at the early stages of the company’s difficulties, I expect preferential creditors to be paid in full and unsecured creditors to receive a large dividend.
Cranfield Business Recovery were very supportive and eased the process of closing the company and I was very pleased at the level of empathy and advice given to my long standing members of staff. Cranfield Business Recovery was professional and put a lot of energy into maximising the realisations of the company’s assets. Ultimately I am hopeful that their efforts will minimise the loss incurred by my creditors.
Managing Director, Leamington Spa, Warwickshire
I would like to say that I would gladly recommend you and your company to my friends and colleagues, but in all honesty I hope that they will not need your services.
In the event that they do I will have no reservations steering them in your direction!