Chris Farrington

Background

About Chris Farrington

I am a Chartered Accountant, Licensed Insolvency Practitioner and restructuring expert. I have over 30 years’ experience in restructuring and recovery, working with lenders, owners, directors and creditors of troubled companies. As well as advising numerous distressed businesses to help prevent their collapse, I have acted as Administrator, Receiver or Liquidator to over 100 companies, ranging in size from small OMBs to PLCs, and across almost all industry sectors. Alongside formal insolvencies, my assignments have included numerous strategic reviews for lenders and investors, and hands-on help for distressed companies, working with owners and management teams to turnaround, refinance, sell or exit. Highlights of recent experience: Independent supermarket group - negotiation with company's bank to achieve a major write-down of its debt, release of director's personal guarantees and successful re-banking with another lender. Carter and Carter plc - Administrator of the UK’s largest private sector training business, with over learners and staff in 50+ locations throughout the country. Worked with the Learning & Skills Council to hold the business together whilst a buyer was sought and successfully found to transition the learners and staff. Auto Windscreens Ltd – Administrator of UK’s second largest vehicle replacement glass business, with employees and 90 depots nationwide. Innovative solution to TUPE issues via Compulsory Liquidation of the company prior to sale of the assets.