Operational Restructuring

When organisations undergo severe financial underperformance, any solution is likely to involve operational restructuring. We have significant experience of working in situations where a viable restructuring plan needs to be put in place rapidly. We work alongside management to develop plans which are realistic and pragmatic. We will also support the implementation of plans using a project office approach to centralise turnaround programmes and focus the organisation’sresources towards delivery.

Specifically we can support our clients with the following issues:

• Squeeze on working capital
• Unexpected collapse of profitability 
• Unsustainable running costs 
• Forecast covenant breach of loan agreement 
• Growing levels of involvement from external, often financial stakeholders, with increasingly demanding requests for information on recovery plans 
• The need to develop and implement a turnaround plan to maintain stakeholder support and company viability 
• Having to manage a significant programme of change / improvement at the same time as running the day to day business