By Mr Bankruptcy 29th April 2020 In March, The Independent newspaper reported that almost a fifth of UK’s small businesses could be gone within a month due to the financial crisis caused by Covid-19 restrictions. This is despite the billions of pounds of support being made available by the UK Government and the changes made […]
Read moreBy Mr Bankruptcy 29th August 2019 When a business is in financial difficulty the transition into insolvency can sometimes be swift. As a business owner, you need to be aware of the early signs to look out for that could indicate that your business is at risk of becoming insolvent. What is insolvency? A business […]
Read moreBy Mr Bankruptcy 23rd May 2019 The thought of negotiating a debt settlement with creditors may seem daunting and unlikely route to get you out of debt. Where would you begin? However, it could be an option worth considering when there is expert support available to you. What is a negotiated settlement? With a lump […]
Read moreby Giles Campbell, CEO of Red Pike Capital I’m frequently asked by shareholders of failing companies to review them for their turnaround potential, seeking the answer to a few key questions: Can it be fixed? What will it cost? Is it worth it? Assessing the company The primary objective is to develop a hands-on […]
Read moreby Giles Campbell, CEO of Red Pike Capital When the shareholders of a business are faced with a broken, loss-making business, turning around the company is a highly desirable outcome. How to do this, however, is the question. There are three commonly used approaches for shareholders to attempt company turnarounds: Financial Restructuring Advisory led […]
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