We have become increasingly active in the ‘company doctor’ role with businesses at an early stage of crisis. The financial world recognises that insolvency is a ‘business problem’ and the practice is increasingly being asked to advise on corporate reconstruction, turnaround and work-outs before a state of formal insolvency is reached. Work-outs, in particular, have become important. Often creditor led, the objective is the reduction of indebtedness by way of the disposal of assets but, most importantly of all, formal insolvency is avoided and the business lives to trade another day.
|Burton on Trent||01283 599193|
|Stoke on Trent||01782 607199|