| Sector |
Turnover |
Type of work |
| Charter airline |
£90m |
Crisis cash management |
| Crisis cash management to allow recruitment
of a new FD and opening of subsequently successful
negotiations to sell the business. |
| Branded goods |
£40m |
Post fraud cash crisis and restructuring |
| Crisis
cash management during a period when all funding
facilities were suspended during the
investigation of a fraud, allowing time for rescue
of the business by a ‘white knight’ purchaser. |
| Business services |
£40m |
Crisis cash management |
| Crisis cash management Temporary cash
crisis management support while a VC undertook due
diligence for a potential rescue refinancing. |
| Electronics manufacturer |
£25m |
Crisis
cash management |
| Interim FD role managing finances of
heavily loss making phoenix buyout. |
| Construction group |
£25m |
Crisis cash management and IBR support |
| Production of forecasts and other financial
information for use by the company and to respond to
an IBR request leading into a wider role in supporting
the company in discussions with its bank and providing
turnaround counselling and advice. |
| Joinery manufacturer |
£20m |
Crisis cash planning and restructuring |
| Stabilisation of finances of a business
with a higher level of bank debts than turnover. |
| Technical fabrics weaver |
£12m |
Financial management consultancy |
| Advice on working capital management
and improved financial reporting and forecasting to
manage the business. |
| Construction group |
£10m |
Restructuring, IBR support and turnaround |
| Business’s finances put back on
track, new FD recruited in and plan for restructuring
business’s operations into an appropriate corporate
structure put in place leading to return to bank’s
good book. |
| Specialist contract labour supplier |
£11m |
Crown creditor deal |
| Negotiation of a time to pay agreement
for arrears of PAYE/NI and VAT. |
| Plastics moulder |
£10m |
Hands on turnaround |
| Temporary support during a cash crisis
and IBR leading into a longer role advising on delivery
of a full operational turnaround of the business. |
| Food manufacturer |
£5m |
Turnaround advice and mentoring |
| Informal chairmanship role provided to
help family owned company take and implement decisions
on restructuring business. |
| Furniture importer |
£4m |
Hands on turnaround, cash crisis |
| Successor business created out of a failing
situation which is now trading profitably. |
| Printer |
£2m |
Crisis cash management |
| Temporary cash management during financial
crisis buying time to allow rescue refinancing. |
| Pub & nightclub
operator |
£2m |
Crown and key creditor deal |
| Negotiation of a time to pay agreement
for arrears of PAYE/NI and VAT together with scheduling
key creditor payments. |
| Window manufacturer |
£2m |
Crown creditor deal |
| Crown creditor deal Negotiation of a
time to pay agreement for arrears of PAYE/NI. |
| Hospital equipment manufacturer |
£2m |
Turnaround consultancy |
| Advice provided on restructuring business
and dealing with liquidity crisis. |
| Stock broker |
£1m |
Managed wind down |
| Loss making subsidiary shut on behalf
of parent company avoiding any bad publicity or claims. |
