If a company is facing financial difficulties but there is a good underlying business, we can provide advice on how to restructure the business to help return it to profitability.
For example, a company may be generating trading profits but have a bank debt it is unable to service, possibly due to recent acquisition, historic losses, capital expenditure or a pension fund deficit.
Under these circumstances we can help you in a number of ways.
We can:
- Quantify the extent of the issues and establish the immediate cash needs
- Set out the options open to you and the various advantages and disadvantages of each
- Assist in making sure all the stakeholders understand the issues and ensure they all buy into the restructuring proposals
- Identify short term cash generating measures. This can help you ‘buy time’ to allow you to assess your options and establish support from the stakeholders
- Assist in agreeing repayment plans with your creditors, restructuring the terms of your bank debt or implementing the restructuring proposal
- Help with balance sheets restructuring, including creditor negotiations
These can, if appropriate, also take place via an insolvency process, but this is not always necessary.
