Business Recovery, Insolvency & Liquidation in Scotland

We provide clear, confidential advice to directors and business owners across Scotland facing financial difficulty, including formal insolvency and liquidation.

We act as liquidator for Scottish companies, supporting Members’ Voluntary Liquidations, Company Voluntary Arrangements and, where appropriate, business recovery and restructuring options.

We understand that when insolvency becomes unavoidable, directors need straightforward guidance on their statutory duties, personal risks and available choices. Our approach is calm, practical and focused on helping you take the right next step with confidence.

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Why Choose Our Business Recovery & Insolvency Solutions?

We provide practical, straightforward insolvency advice for those facing financial difficulties by working through a range of options to identify the pros and cons of each option and the likely outcomes.

Our initial assessment of the situation and the first meeting is always free. We provide business recovery support and insolvency advice to a range of clients including companies of all sizes, company directors, sole traders, partnerships and individuals.

Our experienced insolvency team benefits from having specialist back-up support in tax, accountancy, forensic and corporate finance, drawing on the expertise of over 190 partners and staff across our offices in Aberdeen, Dundee, Edinburgh and Glasgow.

Who Our Business Recovery & Insolvency Team Help

Our business recovery & insolvency team work with a range of clients of all sizes.

Businesses and Directors: Facing financial difficulties? We offer expert advice and solutions to help businesses recover or restructure.

Individuals, Sole Traders & Partnerships: Struggling with debt? We provide support and options to help you regain control of your finances.

Professional Advisors: We assist professionals in guiding their clients through financial challenges.

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Business Recovery & Insolvency Services

Members’ Voluntary Liquidations

We provide expert guidance on closing your business efficiently and compliantly. Our services include assessing your options, handling the liquidation process, and maximising returns for creditors.

Company Voluntary Arrangements

We help businesses restructure their debts through negotiation with creditors, allowing you to continue operating while implementing a repayment plan.

Contingency Planning

Protect your business from unexpected financial challenges. Our contingency planning services help you identify potential risks, develop strategies to mitigate them, and ensure business continuity.

Credit Control Support & Debt Recovery

Effective credit control is essential for business success. We help you implement robust credit management systems, recover outstanding debts, and improve cash flow.

Liquidations

When business closure is inevitable, we offer comprehensive liquidation services. Our experts handle the liquidation process efficiently, maximising returns for creditors and minimising disruption.

Personal Insolvency Solutions

We provide confidential advice and support to help you understand your options and find a suitable solution.

Business Recovery & Insolvency Case Studies

Read some of our recent case studies and discover how we’ve helped clients overcome financial difficulties, manage insolvency processes, and achieve positive outcomes. If you’d like to discuss your situation, please get in touch.

Creditors’ Guide to Insolvency Practitioner Fees
MVL Case Study: How £150,000 Was Returned to Shareholders Posted
MVL Case Study: £5.4m Returned to Shareholders Posted
Case Study: MVL Before a Commercial Property Sale Posted
Case Study: Delivering Value to Shareholders Through Strategic Members’ Voluntary Liquidation Planning Posted
Case Study: Dormant Property Company MVL | Full Shareholder Distribution Posted
MVL Case Study: Accelerating Shareholder Returns Posted

Client Testimonials

I have worked with Shona Campbell and her team on restructuring and insolvency mandates for many years. I value her pragmatic, commercial and innovative approach highly. I consider her to be a trusted advisor that I recommend to companies needing support.

Solicitor, Restructuring and Business Advisory

Shona Campbell and her colleagues were extremely helpful at a very stressful time. She had a wide range of knowledge and understood how the third sector works, which isn’t always the case. I’d be happy to recommend her services.

Senior Representative, Third Sector Interface

Shona and her team provided robust advice around the steps required prior to the liquidation so that matters could be dealt with in an efficient manner as possible. The advice was also provided around directors duties and the different legal positions of shareholders, creditors and directors.

The whole liquidation process was smooth and the liquidation itself concluded within 7 months.

Shareholder and Creditor

Moy Burn Company Limited

I would like to thank you for completing the liquidation of my company. From my perspective the whole process was simple and I am grateful to you all for making it that way.

I was pleased that the cost was exactly as stated at the outset and the liquidation was completed in just over 6 months.

Director and Shareholder

The team are very knowledgeable, quick to respond and good with clients. They give commercial, sound advice and you feel you are in safe hands when dealing with them.

Solicitor, Commercial Litigation and Insolvency

An empathetic, professional and highly knowledgeable team at a challenging time.

Director, Biopharmaceutical Company

Simple, plain advice, quick response times, and hassle-free – I’ve already recommended them.

Family Shareholder

Business Restructuring Viability Diagnostic

This diagnostic provides an initial assessment of the viability of business restructuring by evaluating key factors that support or challenge the recovery prospects.

It is intended to highlight areas that most strongly indicate restructuring viability and those that present risks or barriers, rather than provide definitive conclusions on insolvency or ongoing trading ability.

Begin Diagnostic

Business Recovery & Insolvency Articles

Have a look through some of our most recent content. If you would like to speak to us further on any of the topics then please get in touch.

Autumn Budget 2026 Posted
Planning to close your company? Why the 2026 Budget makes timing more important Posted
What Happens to Assets When You Close a Limited Company? Posted
Phoenix Company or Business Rescue? Understanding the Difference Posted
What Should Trustees Do When a SCIO Is in Financial Difficulty? Posted
When Is Business Restructuring Still Possible? Posted

Meet Our Business Recovery & Insolvency Team

Shona Campbell

Shona Campbell

Chair & Partner

I am Chair of Henderson Loggie and head up the firm’s Business Recovery and Insolvency team. I have over twenty-five years of experience advising businesses, the majority of that time dealing with businesses facing some…
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Lianne Fraser Lusher

Lianne Fraser Lusher

Manager

I am an ACCA qualified Manager in the Business Recovery & Insolvency team and joined Henderson Loggie in 2020.  I have 13 years’ experience in administering and managing corporate insolvencies (Administrations, Court and Creditors’ Voluntary…
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Lynn Barr

Lynn Barr

Assistant Manager

I am an ACCA qualified Assistant Manager within our Business Recovery & Insolvency team and have been working in the Insolvency profession for over 20 years, after graduating from University. I was initially involved in…
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Kirstin Drummond

Kirstin Drummond

Assistant Manager

I am an Assistant Manager within the Business Recovery & Insolvency team, qualified to CPI level, and I joined Henderson Loggie in 2022.  I have over 24 years’ experience in the administration of Personal Insolvencies…
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