Restructuring

Independent Business Reviews

Where a business is underperforming, we will work with management to identify the issues and then prepare a strategy for implementation, in conjunction with stakeholders.

We will look at business processes, the company’s financial performance (historical, current and forecasted), management structure and the market as a whole to determine what actions we would advise should be taken to move forward.

We will then work with management and our specialists internally to identify the most appropriate strategy and how that should be implemented.

Option Reviews & Contingency Planning

When faced with a difficult situation, it is hard to know which way to turn. Our team are experienced in working with management to understand the challenges that they are facing and then providing further guidance as to the options available.

Once we have gone through the options, we work with management, in conjunction with other stakeholders and lenders as necessary, to identify the most appropriate route forward. In doing so, we take into consideration the risks, the timeframe and any additional support required from stakeholders.

Click here to read our latest case studies including companies undertaking independent business reviews, option reviews and contingency planning.

Cashflow Management

Often the most overlooked, but definitely most important, managing cash effectively can be the difference between a business being able to survive and it failing. Having an accurate picture of the business’ cash position is therefore vitally important.

If a business is facing a cash flow crisis, we will first carry out a quick overview to determine the position and what action needs to be taken immediately. If there is time, we will work with management to understand its liquidity and working capital cycle to identify pinch points, liaising with stakeholders to manage expectations. Where the cash crisis is more immediate, we will work with management to manage the short term cash position whilst a suitable solution can be found.

Click here to read our Project Daimler case study

Group Reorganisations & Solvent Liquidations

Members’ voluntary liquidations (MVLs) are a vital means of returning value to shareholders and to bringing limited companies affairs to an orderly conclusion.  We work closely with directors and advisors to manage the process to enable the maximum benefit for shareholders.

We are regularly appointed to companies which will shortly dispose of their trade and assets (or a key subsidiary) and will work with legal advisors to assist in the disposal process and to ensure that the subsequent MVL can proceed smoothly. 

A S110 reorganisation, a specialist variant of the MVL, enables the division of assets (or subsidiary companies) between shareholders without triggering the tax liabilities that might arise on a disposal.  It can be utilised to demerge assets (so shareholders retain the same percentage ownership of all assets via now separated companies) or to partition assets (so that different assets are divided amongst various shareholders).

Click here to read relevant Project House and Section 110 case studies covering details of group organisations.

Your Key Contacts

Mike Kienlen

Head of Restructuring, Recovery and Insolvency, Partner & Chairman

07770 536214

Rob Adamson

Restructuring, Recovery and Insolvency Partner

07970 731804

Mark Ranson

Restructuring, Recovery & Insolvency Partner

07977 500725

Daryl Warwick

Restructuring, Recovery and Insolvency Partner

07752 357961

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