Business Turnaround Solutions

The first stage of our company rescue business recovery process is designed to stop things getting worse. You’ll have the opportunity to discuss the situation with us and decide on a solution that works for you and your company. Often this will mean taking steps to reduce creditor pressure and providing legal protection so court action can’t be taken against you. Receivership, Administration and liquidation are not the only options.

Sometimes an informal agreement toward creditors works well. Acting as a third party we can talk to creditors on your behalf to try to come to an agreement. Reducing your outgoings can make a big difference to the viability of the company.

Company Voluntary Arrangements (CVAs), these are more formal agreements with creditors which help you repay debts over a period of time. Another option is Pre-Pack Administration, which allows you to start a new company, you will have to purchased the assets and goodwill of the old one back at a fair and reasonable cost.

Sadly one course of action is to liquidate the business, we will ensure you are in control until your duties as a director cease. Our experts will help you conform with legislation and fulfil your duties as a director. This means you can mitigate any losses and preserve as much of the value of the business as possible. All company rescue solutions are discussed with you first and agreed as the way forward.

Business restructuring or business turnaround is put in place to ensure what went wrong before does not happen again. There has to be some amount of restructuring to cut business costs and achieve a greater potential for profit. As leading turnaround consultants will conduct a full system audit so we understand the business as a whole before making recommendations to improve performance.

Every business has the potential to be more efficient. We’ll help you save money and make any changes with a minimum of expense. This may mean making redundancies or simply changing its working methods. Renegotiation on property leases or secure rent and rate free payment holidays.

It’s also important to have the right management, skills and controls within your business. We offer help with budgeting and financial forecasting, and can assess your borrowing to ensure you have the right level of equity.  Its important you have the right team, we love smart people and having smart people work on your business at the right time and right cost can make all the difference.

Most insolvency practitioners and consultants are only interested in the insolvency stage. To this effect, they only do the first part of the process, and rightly so. We ensure that moving forward if required we work with the company to ensure it has the best chance to grow.

Working with you as an external partner to ensure the continued success of the company for the long term.

A mixture of free and paid for consultancy services, helping our clients lower costs, increase sales and develop fully integrated marketing strategies. Whatever your goals are for the business, we can help you meet them.

We advise on everything from getting the most out of your marketing campaigns to health & safety issues. Our business strategy experts help increase sales and improve the overall cash flow of the company.

Importantly growth and recovery often require fresh finance. This funding can come in the way of secured and unsecured lending. We have been in this industry for many years so understand what finance packages will be needed. Having worked with most lenders at some point in time we understand what requirements are need to secure funding for your business.

Moving forward with the business once all the dust has settled. we will work with you by finding out what your goals are and developing strategies to make them a reality.

Whatever stage your life is at, it’s important to think about the future. We can develop business plans and exit strategies for your business.

Your goals will very much depend on your personal situation. Everyone is different, you may plan to sell the business within a few years. We offer help and assistance along the way to gear the business to the next level.

If your business is currently in an insolvent distressed state, it maybe difficult to think long term. As we act as an external partner we can look beyond the everyday needs of the company. We help you focus on what is really important and correct the past mistakes.

Talk to us and what you need and the outcome you would like to achieve. Call us today on 07837 926522 to find out find out more.