McLenan Corporate

Home
McLenan Corporate

Call Directions Website

Licensed Insolvency Practitioner. 30 years of tailored solutions that help you breathe again. Hello, we’re glad you dropped by!

MCLENAN CORPORATE SOLUTIONS LIMITED

Worried about your business finances? We understand that facing up to financial challenges can be an extremely difficult and stressful time and we are here to help. With decades of experience working with financially distressed businesses we are well placed to resolve your financial problems. If your business is viable our priority will be to help restore the financial health & wellbeing of the business to allow it to survive and thrive. If your business is no longer viable then we can help you exit. We offer a free confidential, no obligation, options review that will allow you to make an informed decision on the way forward for your business. We will make sure you are aware of how your duties and responsibilities change when facing a financial crisis and ensure you minimise the risk of personal liability. The earlier we can get involved the more options there will be. If you would like to take advantage of our free service, we would be delighted to help, simply drop us a message saying ‘Help required’ and we will be in touch to set up a convenient time to have a chat. Measuring success can take a variety of forms. Financial stability is the obvious one but we do not underestimate the impact that our intervention can have on mental health and general well-being

29/10/2026

Ensure your Insolvency Practitioner is licensed to act in the UK by a Recognised Professional Body. I am a member of the Insolvency Practitioner Association and as such bound by the Code of Ethics when carrying out all professional work relating to an insolvency appointment.

McLenan Corporate have over 30 years’ experience working with financially distressed businesses and offer a free confidential, no obligation, options review. This will allow you to make an informed decision on the way forward for your business.

☎️ 07876 790 563
💬 or message me on here

27/10/2026

Such wonderfully kind words from Frances. Thank you! 💜

"Very professional and friendly service from Margo. Excellent support. Would highly recommend."

𝗖𝗼𝗻𝘁𝗮𝗰𝘁 𝗺𝗲 𝗱𝗶𝗿𝗲𝗰𝘁𝗹𝘆 𝗳𝗼𝗿 𝗮 𝗵𝗮𝘀𝘀𝗹𝗲 𝗳𝗿𝗲𝗲 𝗰𝗵𝗮𝘁

☎️ 07876 790 563
💬 or message me on here

26/10/2026

Business at risk of failing? Here's my top tips...

𝗞𝗻𝗼𝘄 𝘆𝗼𝘂𝗿 𝗳𝗶𝗻𝗮𝗻𝗰𝗶𝗮𝗹 𝗽𝗼𝘀𝗶𝘁𝗶𝗼𝗻, 𝗵𝗮𝘃𝗲 𝗮 𝗽𝗹𝗮𝗻
✔️ I would recommend 13 week rolling cash flow and longer term too, keep it updated.

𝗕𝗲 𝗰𝗮𝗿𝗲𝗳𝘂𝗹 𝘁𝗼 𝘁𝗿𝗲𝗮𝘁 𝗮𝗹𝗹 𝗰𝗿𝗲𝗱𝗶𝘁𝗼𝗿𝘀 𝗲𝗾𝘂𝗮𝗹𝗹𝘆
✔️ If your business fails you may be found personally liable or may be disqualified.

𝗗𝗼𝗻’𝘁 𝗹𝗲𝘁 𝗖𝗿𝗼𝘄𝗻 𝗱𝗲𝗯𝘁 𝗴𝗲𝘁 𝗼𝗹𝗱𝗲𝗿 𝘁𝗵𝗮𝗻 𝟭𝟮 𝗺𝗼𝗻𝘁𝗵𝘀 𝗶𝗻 𝗮𝗿𝗿𝗲𝗮𝗿𝘀
✔️ If your business fails you may be disqualified.
✔️ Keep Crown debt below 50 % of all creditors.

𝗛𝗮𝘃𝗲 𝗮 𝗰𝗼𝗻𝘁𝗿𝗮𝗰𝘁 𝗼𝗳 𝗲𝗺𝗽𝗹𝗼𝘆𝗺𝗲𝗻𝘁
✔️ Help with a redundancy claim.
✔️ Stop drawing against directors’ loan or paying dividends if you have no distributable reserves.
✔️ Pay yourself a market rate salary.

𝗕𝗲 𝘀𝗺𝗮𝗿𝘁 𝗶𝗳 𝗶𝗻𝗷𝗲𝗰𝘁𝗶𝗻𝗴 𝗿𝗲𝘀𝗰𝘂𝗲 𝗳𝘂𝗻𝗱𝗶𝗻𝗴
✔️ If borrowing more funds you may be asked to provide a personal guarantee.
✔️ If investing your own money - very risky can you afford to lose it.
✔️ Consider purchasing assets personally and hiring to company at least if company fails you have title to the asset rather than an outstanding loan account.

The biggest one is: ✅ 𝗦𝗲𝗲𝗸 𝗽𝗿𝗼𝗳𝗲𝘀𝘀𝗶𝗼𝗻𝗮𝗹 𝗮𝗱𝘃𝗶𝗰𝗲 𝗲𝗮𝗿𝗹𝘆.

It's good to know all of the things I mentioned before hand, but speaking to a professional cuts out all of the guesswork and fast tracks you on the right path for your business (plus it is also looked on favourably when your conduct is being assessed).

☎️ 07876 790 563
✉️ [email protected]
💬 or message me on here

23/10/2026

𝗠𝗲𝗲𝘁 𝘁𝗵𝗲 𝘁𝗲𝗮𝗺: 𝗠𝗮𝗿𝗴𝗼 𝗠𝗰𝗟𝗲𝗻𝗮𝗻

Our Managing Director Margo has over 40 years of experience in insolvency and built McLenan Corporate from the ground up. Her career began in 1983 as an insolvency junior at EY, where she climbed the ranks over three decades before stepping into a leadership role elsewhere.

After managing a corporate insolvency team, she took the leap to establish her own firm in 2020. Now, with a growing team behind her, Margo leads with a focus on compliance, strategic guidance, and providing expert advice.

She knows that success in this field is about more than just numbers, it’s about assembling the right team and delivering solutions that make a real difference.

Find out more about our team and how we can help your business here www.mclenancorporate.com/our-team

22/10/2026

Are you a creditor looking for support in an insolvency process?

We can provide expert advice and support to anyone impacted by or experiencing insolvency.

We can offer our expert industry knowledge to help you understand each step of an insolvency process with a view on maximising returns and seeking the best outcome for you, as a creditor.

Insolvency is a complex process and statutory requirements when reporting on insolvency can sometimes mean reports are not always easy to understand if you are unfamiliar with the processes.

We can decipher any correspondence and reports to help you understand your position. We can also help you complete all insolvency documents, such as lodging proxies and claim forms to ensure you receive whatever dividends you may be entitled to. If necessary, we can also represent you at any creditor meetings convened.

Contact me for hassle free advice.

☎️ 07876 790 563
✉️ [email protected]
💬 or message me on here

20/10/2026

Thank you for this really lovely review, Chris!
⭐ ⭐ ⭐ ⭐ ⭐

"5 star rating for a very good reason.

Very professional yet caring, understanding and non-judgemental.

Would recommend any and every time. Helped me every step of the way."

You can contact me directly for a hassle free chat.

☎️ 07876 790 563
💬 or message me on here

15/10/2026

Protecting Employees is one of the 3 main pillars of our focus when helping your business, along with Stabilising Trading and Recovering Value.

Insolvency can be a very distressing time for everyone involved. Employees need to know exactly how they are protected throughout an insolvency process and what rights they are entitled to should the company be liquidated.

When an insolvency event occurs, a company has several options open to them. The route they take can have a huge bearing on employees. Once insolvency is announced an insolvency practitioner will be brought in to take the next steps.

What happens to employees depends on whether they are made redundant, kept on or TUPE transferred to a new employer. If there are to be redundancies, employers must carry out a consultation about the reasons for making redundancies and whether any alternatives exist.

The three main insolvency procedures that may be initiated by an insolvency practitioner to either rescue the business or close it down are:

✅ Administration
✅ Company Voluntary Arrangement
✅ Liquidation

In Administration the insolvency practitioner is placed in control of the company and will be looking to rescue the business. If administration fails, the business will be liquidated.

A Company Voluntary Arrangement (CVA) is an agreement between the business and its creditors, which results in a compromise with creditors and repayment plan aimed at saving the business. In this instance, day to day control remains with the directors and the process is supervised by an Insolvency Practitioner. Again, if a CVA fails liquidation will follow.

Liquidation occurs when the debts are too high, and the company needs to be cease trading altogether. Employees lose their jobs and company assets are sold off to pay creditors. There are two types of Liquidation it may be voluntary, or it can be forced by creditors through a Court process.

What happens to employees depends on what course of action is taken. If the Insolvency Practitioner appointed is trying to rescue the company, then the employees may be asked by an Administrator to continue working. They may also be asked to take a pay cut short term to help the Company’s finances. The same can happen in a Company Voluntary Arrangement.

When insolvency occurs an employee’s job isn’t protected even if the company is being saved. If the company is saved, this can be a good position for the employee. If a business is sold to new owners, then all employee rights are automatically transferred over. However, as part of a restructuring plan, employees may still be let go.

If the company goes into liquidation and the company is closed entirely, this means that all employees will lose their jobs and it is important employees are advised what they are entitled to. The biggest concern for employees is financial.

For more information on protecting employees, contact me direct.

☎️ 07876 790 563
✉️ [email protected]

14/10/2026

𝗔 𝗤𝘂𝗲𝘀𝘁𝗶𝗼𝗻

When business is good, and healthy profits are reported, finance is relatively easy to secure. However, where a Company’s finances are under pressure, the choice of financiers to provide a company with additional services often become limited.

In my experience, the various bodies aren't necessarily great at making business owners aware of the available options, when there are many finance providers who specialise in this area.

Granted we are Insolvency Practitioners by trade, but we always enter a business assuming that the business can recover, and all that is required is a little guidance that might not have been available elsewhere.

It's important to highlight what products are available, so the company can weigh them up against the circumstances they find themselves in, and then decide which way they want to move forward. Some of these include:

✅ Bank Overdrafts
✅ Factoring and Invoice Discounting providers
✅ Asset Refinancing
✅ Stock Financing
✅ Business Angel Investment
✅ Venture Capital
✅ Crowdfunding
✅ Peer to peer finance

How many of these options would you know existed for a struggling company?

☎️ 07876 790 563
✉️ [email protected]
💬 or message me on here

13/10/2026

So grateful for this wonderful feedback from our client, Henry! ⭐⭐⭐⭐⭐

"A very professional company who helped us manage our situation during the Covid-19 lockdown.

Margo gave us great advice and helped us immensely in dealing with our creditors."

No matter the challenge your business is facing we’re here to help. We're committed to finding solutions that steer you safely through tough times, you're not in this alone.

☎️ 07876 790 563
💬 or message me on here

08/10/2026

Are you an Accountant with clients who are in financial difficulty?

Are you looking for a friendly approachable IP to refer those clients to? Someone you can rely on to guide them through rough waters, helping to strengthen your relationship?

We specialise in supporting accountants to support their clients and offer free advice either directly or through you on a range of issues, depending on your preference.

☎️ 07876 790 563
✉️ [email protected]
💬 or message me on here

Address

1 Union Street

KA215LL

Telephone

+443003034494

Website

https://www.mclenancorporate.com/

Alerts

Be the first to know and let us send you an email when McLenan Corporate posts news and promotions. Your email address will not be used for any other purpose, and you can unsubscribe at any time.

Want your business to be the top-listed business?

Country:

City: