Is this your business?

You are suffering falling revenues, lost contracts or late customer payments.    Your business is losing money in some or all areas.    You are experiencing cashflow difficulties or projecting a deficit in the short to medium term.    You are falling into arrears with suppliers, the Bank or HM Revenue and Customs.    Your business has grown too rapidly for available funding to cope.    The Bank is not supporting your additional funding request or needing Personal Guarantees.    You have too much short term debt supporting working capital.    You are contemplating making staff redundancies.    You have suffered a significant bad debt recently.    You are concerned about the future prospects for the business

Our turnaround service provides tailored solutions and support and is designed to help your business return to a more stable position as fast as possible.

PKF can help struggling businesses to…

Focus on profitable areas of the business to prevent further cash loss.   Negotiate with the Bank, key suppliers and other creditors including HM Revenue and Customs.  Review your staffing requirements and assist you in implementing any changes required.   Protect the company against legal action from creditors.   Strengthen your management team where needed.   Source vital additional funding or assist with refinancing where appropriate.   Help you to run your business, rather than letting it run you.

What do we bring to the table?

Combined skills of experienced Corporate Finance and Corporate Recovery professionals.   Funding Solutions team of experienced finance brokers working in-house at no cost to you.   Interim managers, with a range of sector experience.  Access to a pool of Financial Directors / Financial Controllers for permanent recruitment needs.   Business Angel investors willing to work with distressed businesses.  Acquisitive company database with appetites across many sectors.

The cost

Your initial consultation and advice is FREE.   We will provide an estimate of the likely total cost following the initial consultation.

Your next step

Often clients are recommended to us by their banks, accountants or solicitors.  It is crucial to take advice and contact us as early as possible so that we can explore every avenue of assistance.  If there is more time to consider a plan, more options may be available. For further information, please contact Stephen Reed on 01603 756943 or Daniel Dickson on 01473 320750.