Distressed Operational Restructuring

Background

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 office 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
• Forecast covenant breach of loan agreement
• 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 / improvement at the same time as running the day to day  business

How we can support you

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

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