Business Finance Case Studies 2008
| BUSINESS TYPE: | LABOUR SUPPLY COMPANY |
| LOCATION: | EAST MIDLANDS |
| NEW CAPITAL: |
£3,000,000 |
We were approached via our website by a Derby based company who supply labour to the rail industry. Their turnover was £10 million plus but they had encountered difficulty with their Invoice Discount supplier (a major bank), who were no longer willing to cover the ID ledger (some £1.5m), due to credit re-insurance problems with the rail industry client.
Read More...| BUSINESS TYPE: | PROPERTY DEVELOPER |
| LOCATION: | NORTH WEST |
| NEW CAPITAL: |
£410,000 |
Our client is a property developer is based in the North West, who over 5 years has successfully developed 89 properties with a gross value of £10.7 million. A recent development encountered significant technical difficulties which caused material time and cost overruns.
Read More...| BUSINESS TYPE: | SOFTWARE COMPANY |
| LOCATION: | MIDLANDS |
| NEW CAPITAL: |
£200,000 |
In November '07 we were approached, through the IIB network, by a software company that had developed an exciting product for managing auctions in conjunction with on-line auction houses such as eBay.
Read More...| BUSINESS TYPE: | EDUCATIONAL MARKETING AND PUBLISHING |
| LOCATION: | LONDON |
| TOTAL NEW INVESTMENT: |
£150,000 |
As a result of an introduction through a financial consultancy known to us, we met with the MD of this company at the beginning of 2007. Beer & Young Ltd were engaged by them to seek urgent investment in order to provide working capital for the company, which is in the educational marketing and publishing business, it having been starved of resources for 3 years due to changes in the market.
We fairly quickly were able to produce an investor from a similar field who offered to merge the marketing side of our client with theirs, but were not interested in the publishing business, which led to us being engaged to dispose of this side of the business to facilitate the marketing merger and provide much needed funds...
Read More...| BUSINESS TYPE: | MANAGEMENT CONSULTANCY |
| LOCATION: | CENTRAL LONDON |
| REFINANCING: |
£750,000 |
This consultancy business had experienced a period of rapid growth. However, it suffered from a significant bad debt and was also ?overtrading?, which combined caused significant cash flow pressure.
Read More...| BUSINESS TYPE: | VENDING FRANCHISE |
| LOCATION: | MIDLANDS |
| NEW CAPITAL: |
£125,000 |
We were approached by an IIB consultant to help a Midlands based franchisor who was heavily overtrading and who had fallen-out with his business partner. The franchise had only been trading for a few months?
Read More...| BUSINESS TYPE: | LEISURE CLUB |
| LOCATION: | MIDLANDS |
| RESTRUCTURING: |
CVA SUCCESSFULLY COMPLETED |
The directors of this leisure club engaged us as they were very concerned by the major cash flow pressure affecting their business. They had invested heavily in the company and initiated a robust new business plan to develop the club. However, they inherited significant historic liabilities that had built up prior to their involvement and this was putting pressure on cash resources. We reviewed the various options with them...
Read More...| BUSINESS TYPE: | GLASS CONVERTORS |
| LOCATION: | MERSEYSIDE |
| RESTRUCTURING: |
SUCCESSFULLY COMPLETED |
We were engaged by this client in the autumn of 2007 with cash flow problems following a complete restructuring of the business earlier in the year. We were able to introduce the client to 3 potential investors. Although, in principle, terms were discussed with one of these, the directors, with our support, felt that the proposals would not be in their interest to pursue. So...
Read More...| BUSINESS TYPE: | PROPERTY DEVELOPMENT AND DESIGN |
| LOCATION: | DONCASTER |
| RESTRUCTURING: |
SUCCESSFULLY COMPLETED |
Our clients are specialists in the design and manufacture of bespoke timber framed buildings for the home, business and leisure markets. The company was urgently seeking further investment in order to re-position the company as a niche provider of bespoke premium holiday lodge accommodation to the holiday park and hotels (?resorts?) sector of the leisure market.
Read More...| BUSINESS TYPE: | FOOD SAFETY AND WEIGHT CHECKING TECHNOLOGY |
| LOCATION: | NORTHAMPTONSHIRE |
| INVESTMENT ON COMPLETION: |
£20,000 |
Every food processing line must, by law, have a system for detecting ?alien? presences in the finished packages. Our client, who has been in the industry for over 20 years, spotted an opportunity to provide replacement detector units at far lower prices than the OEM?s.
Read More...| BUSINESS TYPE: | LIVE MUSIC PRODUCTION, MANAGEMENT and PROMOTION |
| LOCATION: | CENTRAL LONDON |
| INVESTMENT ON COMPLETION: |
£175,000 |
Our client had developed opportunities to promote and manage the tours of two prestigious artists. The management engaged Beer and Young as they needed to secure funding quickly?
Read More...