Is your company’s performance deteriorating? Has your business suffered an unexpected, unplanned or one-off event? Is cash flow tight and creditors pressuring for payment? Are you concerned about whether assets are being diverted by the directors to disadvantage creditors?
These are signs of financial distress. The consequences could be serious as it could lead to appointments such as judicial management, receivership or liquidation and/or resulting claims against the directors personally.
Our Reorganisation Services Group provides timely solutions for financially distressed or redundant businesses. Our highly experienced team can act in various capacities under such circumstances taking the most appropriate course of action in maximizing recoveries to stakeholders.
This may include actions taken to preserve the value of the business or in certain situations, wind up the organisation.