Business recovery

Business recovery & turnaround

As with any business recovery or potential insolvency, timing is everything. Paying attention to an early warning could mean the difference between saving your business or you being forced into liquidation.

Sound familiar?

Your business is experiencing cash flow problems
Creditors are demanding payment of outstanding accounts and threatening legal action
You're finding it hard to remain within your overdraft limit
Your bank is making demands
You have inherited company laibilities as a result of personal guarantees provided
You recently been made redundant

How can we help you?

BDO Kendalls specialises in working with businesses in distress to help get them back on the right track.

We offer a number of services to help make this happen:

Business reviews
Pre-lending advice
Investigating accountant's reports
Business turnarounds & corporate restructuring
Restructuring
Divestment of businesses & assets

Service details

A detailed description of our business recovery services is provided below.

Business reviews
BDO Kendalls conduct a number of different types of reviews including pre-lending and refinancing reviews.
A comprehensive business review at the right time can significantly reduce your risk. We can undertake an independent assessment of an organisation's borrowing suitability. Our team may also assist in establishing effective reporting systems prior to the establishment of a credit facility.

An independent business review provides the opportunity to look in depth at a business' performance and evaluate both its financial and strategic plans for the future. Each review is tailored to meet the specific requirements of the lender and the business ensuring maximum added value.

We have extensive experience of undertaking reviews for a wide range of businesses and a proud track record of such reviews being the catalyst for positive change in the fortunes of those businesses.

Pre-lending advice
In the fast moving and increasingly competitive business environment of the 21st Century, deciding whether to lend money to a business can bring some unique challenges at the best of times - let alone when there are some unusual features.

At such times, it can help to have the reassurance of a detailed assessment performed by business recovery and turnaround specialists.

Our reviews, often carried out alongside our Corporate Finance team, will provide you with a clear indication of the viability of the proposition to help you make a sound evaluation of the risk of investing new or additional funds.
If you need assistance in resolving problems with an existing lending, we can also carry out a specialist independent business review.

Investigating accountant's reports
Our investigating accountants' reviews can help you and your clients identify emerging issues while there is still time to manage them.

Business turnarounds & corporate restructuring
Helping a distressed business get back on track is the best option for all stakeholders. If our business review shows that a turnaround strategy is viable then we'll work with financiers and the client to develop and implement appropriate strategies to return the business to profitability. We'll look at the options including restructuring the business, disposal of non-performing divisions/assets, strengthening the management team, refinancing and mergers and acquisitions.

Divestment of business & assets
For more information on business turnaround please click here

Working together

Meet the team