Restructuring

Many Beer & Young clients have benefited from both formal and informal re-structuring of their businesses.

We understand the difficulties created by poor or non-existent cashflow. In certain cases we can help to re-structure your business from an advisory position: re-negotiating terms with the bank, HMRC and other major creditors; replacing existing financial arrangements like factoring, CID or leasing with more appropriate arrangements.

When a business has been suffering financially for some time or there is a danger of insolvent trading it is important to receive the right advice. We are able to offer impartial sound advice on all matters relating to re-structuring and saving your business.

We have an enviable track record of constructing quality, workable CVA’s, and at the right cost. In fact over the past decade we have helped almost 100 clients through this process – there are very few insolvency firms with our level of experience in this field. We work with a number of supportive insolvency practitioners, we can offer technical advice and support, and of course first meetings are always FREE and without obligation.

Here are two important issues to remember:

• Stay in control – As a business owner you understand the value of this comment, but it is never more true than now, when the financial pressure is at its height. Banks, HMRC, creditors may be pushing you in a certain direction, worst of all towards Administration. Take independent advice and remain in control.
• Company owners may take comfort in the knowledge that investors will take an open view on the position of the business – they will back new starts (NewCo) and CVAs as well as working with existing creditors and banks within the existing corporate framework.