Rescue, Recovery and Turnaround
It is a well known fact that many business failures could have been avoided if the owners had taken the right advice at the right time.
Our team of trained professionals can help you identify the cause of your problems and recommend solutions to improve profitability and cashflow.
Some of the commonest causes of company collapse are bad debts, reduced demand, excessive borrowing, and low property values. All too often business owners do not face up to these problems until it is too late.
Moreover, directors who ignore such problems run the risk of committing
However, if our review indicates that
Our Management Accounts service has seen us help some clients to turn the financial corner and back to strong financial health, and we have assisted a number of clients over the years to develop systems to help them with credit control and cash management.
Identifying unrealised potential Take your profit and loss (P&L) statement, for example. In itself, it simply provides a historical record of how your business has already performed - it does not explain how to improve your performance in the future. But our...
(This is a summary of an actual case. The names and details have been changed slightly to protect the offending parties.) B Ltd was a relatively young metal fabrication company, set up by an entrepreneurial character (let’s call him Richard B) who saw a gap in the...
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