Read about some of our successes
This foremost world-class manufacturing business was acquired with working capital injection estimated at £2.5 million saving all jobs.
|Manufacturing & Engineering||South East||Turnaround||£2,500,000|
Our client, regarded for more than a century as one of the foremost manufacturers in the world in its niche sector, had suffered a series of reversals of fortune not linked to the recession. Working capital and reserves had been exhausted, the bank – justifiably so – were unable to continue to offer the range of instruments necessary for the business to trade properly. The company had already entered into a CVA (110p in £ repayment).
We were introduced by the bank to locate urgent funding. Without a quick solution the business would have failed. This would have been a complete tragedy, not least given that the level of signed orders already received by the company would return it to profit in the coming year.
At the outset – some of the key factors:
What was achieved – the deliverables:
Our client, a reputable manufacturer of quality PCB electronic components, had been experiencing financial difficulties due to their inherited cost structure and a highly geared ...
The capital raised is being deployed to further develop innovative voice biometrics to securely unlocking mobile apps - as secure as your fingerprint .