Licensed Insolvency Practitioners With National Coverage
Every business is different, however there are particular issues that manufacturers face which are unique to the sector.
Trading conditions can be difficult and there is often tough competition. Problems include:
As turnaround practitioners, our specialists can help tackle these issues with you to get your manufacturing or engineering business back on track. We can go through all the available options, like expert assessment of the issues your company faces, improved financial reporting, Time to Pay deals, CVAs and pre-pack administrations.
We have many years of experience turning around manufacturing and engineering companies, why not give us a call and see how we can help?
KSA recently saw a group of engineering companies in the southwest which was facing winding up actions by HMRC for non payment of tax debts. We organised removal of most of the secured debt, met with the secured banks, found alternative funding offers of £3m (exiting banks decided to continue to work with the companies, though) and led a complex restructure. We met the main CUSTOMERS and SUPPLIERS and showed these stakeholders turnaround plans.