Restructuring & insolvency services
Advising companies, lenders, directors and sureties upon options, strategy and duties during any corporate cycle of stress and distress
We advise companies, lenders, directors and sureties upon options, strategy and duties during any corporate cycle of stress and distress to deliver turnarounds and corporate outcomes, such as restructuring plans, where they can be delivered as a better alternative to insolvency.
Recent events have tested many business models and boards to their limits. In an increasingly unstable and unpredictable global environment, both politically and environmentally, the importance of maintaining a relentless focus on the financial resilience, diversity, flexibility and agility of a business is crucial.
Cash flow management, cost control, rapidly shifting market forces, supply chain risk, changing consumer demand and falling margins: these are just some of the challenges that businesses are facing. A board’s historical focus may not be enough to maintain the business for tomorrow. How quickly can you adapt your business model to cope with that level of change? As a board member, understanding what action to take, and when, is key to navigating these challenges and maximising value creation.
As businesses move through the different stages of the corporate lifecycle, they may experience financial stress, distress and insolvency. This can happen early on, when a business is growing rapidly and is hungry for cash to fund that growth; equally it can happen to mature businesses that have failed to adapt and are experiencing a decline in success.
There are many reasons why that might happen – loss of market share to cheaper and/ or better versions of your product, changing consumer appetite, loss of talent, increased production or delivery costs, lack of investment – the list goes on.
The decline of a mature business from profitable to insolvent is seldom immediate – more often there are many stages along the way, where good choices may arrest or reverse the decline, and poor choices (or simply inaction) may accelerate it. By speaking with our restructuring experts early, we can work with you and your management team to help navigate turbulent times.