Family business 30 plus years. Cashflow
problems, stock overvalued in Balance Sheets. Bank inflexible.
We concluded negotiations with the Bank,
set up Phoenix, retained existing properties, appointed new
Auditors, obtained Bank finance and facilities elsewhere and
18 months later this is a thriving successful business.
Without our support all would have
been lost on Receivership.
Engineering Group
24 years trading, one bad year due
to delay in specific orders.
Working capital problems, Bank inflexible.
Receivership negotiated with Bank.
Phoenix set up, new company successfully
trading, finance, Banking facilities, new Accountants and
Business Plan provided through us.
Two months into new Phoenix everything ahead
of anticipations.
Without our support and expertise
clients would have lost everything.
Mobile phone/car alarm installations
Company ran out of working capital
due to delay in completion of contracts from National phone
providers.
Inland Revenue put Constraint Order on desks
and computers and removed from premises. Business put into
Liquidation.
Phoenix set up, refinance, Business Plan,
new Bank provided through us. Everything moving successfully.
Without our expertise all would have
been lost including matrimonial home.
