Creating a stable business platform
The reasons for restructuring a business vary immensely. Faced with market pressures, you might be forced to take drastic steps to improve business efficiencies and maximise working capital. Cashflow and creditor issues are another common trigger, or you could simply be preparing for a sale or change of ownership.
Whatever your business scenario, early detection and swift decisive action are the keys to restoring performance and value. Albert Goodman has a significant track record advising on both financial and operational restructuring. Once we understand your commercial reasoning, we can liaise closely with the many stakeholders – including operational managers, directors, creditors, shareholders and other parties to create an appropriate action plan.
Preserving value for all stakeholders
From implementing turnaround and restructuring programmes to spreading risks or preparing family business exit strategies, our single goal is to restore and maximise business value. Our recent experience includes:
- Conducting a working capital assessment and establishing the businesses’ cash needs and priorities
- Renegotiating terms of credit agreements
- Assessing and disposing of non-core business assets
- Restructuring existing debt and sourcing new equity finance
- Reviewing internal controls and introducing cost reduction initiatives, such as technology and payroll outsourcing.
Get started today
Latest from Albert Goodman
Residential property – to buy personally or through a company?
In recent years HMRC have reduced the amount of interest that is available for relief at an individual’s marginal rate of tax. Holding property personally has therefore become less efficient than in previous years for certain individuals.
Read more
Changes to VAT on PCP contracts
The VAT treatment of PCP contracts has changed following a European Court of Justice decision, in relation to Mercedes Benz Financial Services (MBFS). In broad terms a PCP contract is one where the customer pays a series of lease payments f
Read more
Auto-Enrolment Update
The automatic enrolment of the UK workforce into a formal pension arrangement has introduced over 10 million people to retirement saving. Taking that statistic on face value – it’s been a phenomenal success. The minimum contributions t
Read more
Structure and Buildings Allowance
During the Autumn Budget in 2018 the Chancellor announced a new capital allowance – the Structure and Buildings Allowance (SBA). This was very welcome but is it as good as it sounds? The SBA is available for all business types including s
Read more
Construction Industry Round Up
A FOLLOW UP ON POINTS COVERED AT OUR RECENT CONSTRUCTION INDUSTRY BREAKFASTS In February and March, we ran seminars focusing on one of our specialist sectors, construction. In Yeovil, this was in conjunction with South Somerset District Cou
Read more
