Email: chris.ferguson@r-m-t.co.uk
Business restructuring services that help
you rebuild with confidence
Expert advice
to help you
You don’t have to face difficult decisions alone.
When a business starts to struggle, it's rarely just the finances that suffer. You’re often balancing pressure from creditors, concerns about employees, personal guarantees and uncertainty about the future - all while trying to keep the business running.
It's easy to feel overwhelmed or believe that asking for help means you've failed. But you’re not alone. Many successful businesses experience periods of financial difficulty, and seeking advice early is often the most positive step you can take.
Recovery & insolvency
Reduce uncertainty, protect business value and move forward with confidence.
Our recovery, restructuring and insolvency services include:
Why choose Sumer?
Sumer brings together local knowledge, trusted relationships and specialist technical expertise to provide confidential, practical support.
We understand that there are people behind every business. So, we'll guide you through difficult decisions with sensitivity and professionalism.
We offer clear practical advice – not jargon, so you can make informed decisions.
Our support is responsive so you can move quickly when needed and regain control.
Your restructuring & insolvency champions
Our local experts understand their region and business community, whilst drawing on the tax, accounting, advisory and legal capabilities available across the wider Sumer group.
This support is further strengthened by a national network of dedicated insolvency resources and brands. Meaning that any recovery, restructuring or closure plan is commercially realistic and properly structured.
Gareth Buckley
South West
Jason Elliott
North West
Jason Elliott
Email: jason.elliott@cowgills.co.uk
Manjit Shokar
LondonManjit Shokar
Manjit heads up the London Office for RMT Recovery and Insolvency, who are part of the Sumer Group. Manjit started his insolvency career over 20 years ago, and is a Licensed Insolvency Practitioner with experience across all forms of insolvency procedures. He spent over 10 years working at Grant Thornton in one of the largest dedicated insolvency investigation teams in the UK, and more recently was a licensed appointment taker at MHA and Begbies Traynor, providing advice to directors and stakeholders, on formal and non-formal insolvency options.
Outside of work, he loves to travel and spend time with his family.
Together we support everyone involved, from directors and teams to lenders and stakeholders, to understand and consider the available options and develop practical solutions tailored to the circumstances.
Every situation is different.
But waiting rarely makes things better. As financial pressure increases, decisions often become more difficult.
Seeking advice early gives you a clearer understanding of your position and the options available.
Insolvency may not be the only answer – recovery may be possible.
We’ll assess the situation objectively, give you options before the situation escalates and help you explore practical ways to protect your business.
Whether the goal is to rescue the business, support a restructure, advise on company closure, review options for a lender, or help stakeholders understand the available routes, our team can provide clear guidance from the outset.
FAQs
When a business is under pressure, early advice is vital. And with more and more businesses across the UK facing increasing pressure from rising costs, higher interest rates, supply chain disruption, and ever- changing customer demand – the sooner stakeholders understand their options, the more chance there is of protecting value, managing risk and achieving the best possible outcome.
Sadly, many businesses show warning signs of insolvency long before taking action. Perhaps HMRC arrears have been creeping up, creditors are increasing pressure, cash flow problems are making wage payments difficult, borrowing limits have been reached or funding is being topped up with personal money. If any of these sound familiar – early professional advice will establish whether your business can be rescued, whether debts can be restructured, whether lender or creditor action needs to be considered, or whether a formal insolvency or closure process is required.
Yes. Whether because of retirement, changes to your business circumstances or financial pressures, we’ll help you to determine whether closing down your limited company is the right option, and if so, the best way to do it based on your current situation.
Wherever possible we’ll look at business recovery before we look at insolvency. Our experience allows us to consider alternative solutions depending on the needs of your business. And by focusing on root causes rather than symptoms, we can often help to not only recover your business but to set it up to thrive in the future.
Directors have a wide range of duties and responsibilities to a company and, when a business begins to experience financial difficulty, those duties can change significantly. Decisions made during this period can have personal implications, particularly where insolvency becomes a risk, so it is important to fully understand the options available and the responsibilities that arise in these circumstances.
If you’re struggling with outstanding tax payments, we can help to arrange a debt repayment plan to settle corporation tax, VAT or PAYE payments with HMRC.
The sooner you discuss business difficulties, the sooner we can determine the best course of action. Many cash flow issues and creditor pressures can be solved without the need for insolvency proceedings through practical, tailored solutions.
