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Preventing failure and
stabilising struggling businesses

Your company may face periods of financial distress or operational challenges that threaten its viability and long-term success.

During these times you will need some expert guidance from experienced operators to help you weather the storm.

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How can we help distressed businesses?

Financial Restructuring

We analyse and reorganise a company’s financial structure to reduce debt, streamline expenses, and optimise cash flow. This may include renegotiating loan terms, consolidating debts, or accessing new sources of funding.

Improve Operational Efficiency

Enhancing operational efficiency is essential for business recovery. We achieve this through operational reviews, pinpointing cost-saving opportunities, and implementing process improvements to optimise resource utilisation and boost productivity.

Stakeholder Communication

Open and transparent communication with stakeholders, including employees, suppliers, customers, and investors, is vital throughout the turnaround process. Clear communication fosters trust, alignment, and support for the company’s recovery journey. We will have the difficult conversations you’ve been avoiding!

Assess The Situation

The first step in the business turnaround process is to assess the company’s current financial and operational status. This involves conducting a thorough analysis of financial statements, cash flow, and operational performance to identify the underlying challenges.

Develop A Plan

Based on our assessment, a comprehensive turnaround plan is developed, outlining the strategies, actions, and objectives to address the identified issues and achieve recovery. The plan will be realistic, measurable, and align with the company’s overall goals.

Implementation

With the turnaround plan in place, we begin implementing the identified strategies and initiatives. Key performance indicators (KPIs) are established to monitor progress and assess the effectiveness of the turnaround program.

Flexibility

Business turnaround is not a linear process and adjustments may be required along the way. Being adaptable and responsive to changing market conditions and unforeseen challenges is essential to the success of our turnaround efforts.

Success

Following the successful implementation of our plan we are able to wind down our support knowing you are on the road to success.

The greatest danger in times of turbulence is not the turbulence. It is to act with yesterday’s logic, seek fresh ideas – Peter Drucker

Get In Touch

Yes – HMRC can absolutely chase a dissolved company. They have six years from the date of dissolution and twenty years if they believe and fraud or negligence has taken place.

Yes, you can. However, should your conduct as a director be called into question for the company you were a director of, you could be banned at a later stage.

No it will not. Being the director of a limited company limits the liability to the company. That is providing you have acted as any reasonable person would whilst running the business and not signed up to any personal guarantees or have an overdrawn directors loan account.

Please contact us at your earliest convenience. We can provide guidance on the Company’s ability to repay these amounts over time and assist in negotiating a suitable time-to-pay arrangement with HMRC on your behalf. Acting promptly increases the likelihood of HMRC providing assistance.

Fees vary depending on the level of work that needs to be undertaken and the level of specialism that needs to be given.

Disqualification under the Company Directors Disqualification Act bars former directors from holding director positions in UK-linked limited liability or overseas companies. They are also prohibited from involvement in setting up or managing such entities.

Preventing failure and
stabilising struggling businesses

How can we help distressed businesses?

What’s the turnaround process?

Frequently Asked Questions

Preventing failure and stabilising struggling businesses

How can we help distressed businesses?

What’s the turnaround process?

Frequently Asked Questions

Preventing failure and
stabilising struggling businesses