A granite and stone business was placed into administration following a change in its business model which brought a host of problems to its operations and, coupled with poor trading conditions, resulted in a massive downturn in sales. Our team of specialists were able to broker a pre-pack sale to the existing management.
Without this deal the financial situation of the business was such that it would have ceased trading due to the lack of new orders and liquidity problems. The deal saved 21 jobs.
20th February 2017 Small companies throughout London are worried about the prospect of seeing significant rises in business rates increase their overheads.
15th February 2017 The growth of what has become known as the gig economy is costing HMRC in the region of £75 million in lost tax revenues every week, it has been claimed.
14th February 2017 Growth in the UK economy will slow down considerably over the course of this year and next, according to the European Commission.
14th February 2017 The Co-operative Bank has been put up for sale in its entirety four years after it came perilously close to collapse before being acquired by US hedge funds.
9th February 2017 Notably strong consumer spending helped to keep the UK economy on track in recent months despite the ongoing uncertainty surrounding the country’s exit from the European Union.
Every day we help companies just like yours turn things around against seemingly impossible odds, regardless of your situation we can help. Find your nearest office today.