When organisations undergo severe financial underperformance, any solution is likely to involve operational restructuring. We have significant experience of working in situations where a viable restructuring plan needs to be put in place rapidly. We work alongside management to develop plans which are realistic and pragmatic. We will also support the implementation of plans using a project approach to centralise turnaround programmes and focus the organisation’s resources towards delivery.

Potential Issues

• As a company Director, Shareholder or other Stakeholder you are likely to be facing the following issues:Squeeze on working capital
• Unexpected collapse of profitability
• Unsustainable running costs
• Covenant breach of loan agreements
• Growing levels of involvement from external, often financial, stakeholders with increasingly demanding requests for information on recovery plans
• The need to develop and implement a turnaround plan to maintain stakeholder support and company viability
• Having to manage a significant programme of change or improvement at the same time as running the day to day business
• Synergies not realised from recently merged or acquired entities

How we can support you

• Provide a mix of deep functional and industry expertise that can be brought together to support management in their development of initiatives
• Support external stakeholder negotiations
• Access interim managers with relevant experience of similar situations
• Perform short term cash flow review
• Identify “quick wins” in working capital improvement
• Develop restructuring plans
• Provide a high impact project management solution to support the delivery of turnaround plans
• Plan and attend meetings with stakeholders

Restructuring in a stressful situation that requires skills which are not readily available within most organisations. Our team has significant experience in this area and has access to industry specialists to enable us to tailor solutions to the individual circumstances and needs of our clients.