Challenging economic times inevitably leads to greater risk of companies encountering financial difficulties.
At times of often intense pressure for business leaders, Crowe JM is able to provide clients with the assurance of dealing with approachable experts with the commercial awareness, practical skills and understanding to help navigate the best course of action.
Experience of business recovery across a wide variety of industries and circumstances enables specialists to provide an early assessment of potential solutions to your problems, whether a sudden reduction in cash flow or an unpaid debt from a major customer.
INNOVATIVE SOLUTIONS TO DIFFICULT PROBLEMS
Winding up a business is very much regarded as a last resort and, wherever possible, member firms will look to provide advice on rescuing or restructuring a company to help it return to profitability.
What can appear to be an intractable situation can often be resolved through a restructuring of bank and equity finance or rescheduling of debts.
Partners in our local offices are able to respond swiftly to help a company in trouble, often buying valuable time and breathing space to work through a solution.
The breadth of knowledge across sectors and geographies means we are well-placed to identify opportunities for disposals where suitable to help reduce debts or provide working capital. Working in partnership with property experts and lawyers ensures maximum value is achieved from business assets.
In circumstances where companies are unable to continue within their existing form, advice is provided on the most suitable options available including administration, liquidation and Company Voluntary Arrangements (CVAs).
Corporate recovery specialists in Crowe JM act as receivers or administrators, often enabling the business to continue trading whilst new owners are found.
ASSISTING CREDITORS
When clients are at risk from financial problems affecting a major customer, partner or supplier, specialist staff are able to provide practical advice on the range of options available to recover debts or protect assets.
Where necessary, advice can be provided on instigating insolvency procedures and clients represented at creditors’ meetings.
OUR SERVICES INCLUDE:
- Debt collection
- Corporate turnaround
- Asset protection or repossession
- Developing or implementing good management practices
- Refinancing
- Valuations
- Debt management
- Insolvency planning
- Personal liability protection.
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