BRI Business Recovery and Insolvency
We are an independent company of insolvency practitioners committed to finding the right solutions for businesses and individuals in financial difficulty
When your company experiences a cash-flow crisis this can give rise to panic. However, if you can find the time/space to stop, reflect and look at things properly it can also provide opportunities. BRI can help.
All too often businesses look to solve their own problems by seeking immediate cash injections via the personal funds of a director or via a high-street lender, which ordinarily comes with security over the business assets and/or a director’s personal assets by way of a personal guarantee.
You need to fix the underlying structural problems first otherwise the phrase “good money after bad” may never have been truer.
Our restructuring professionals are happy to be your “phone a friend” and will help you build a platform for future success. This will start with a business and solvency review. You will then get the help you need to implement any required restructuring plan, including introductions to alternative funding options where what the funders are looking for is already known and understood; ensuring that your time is not wasted.
As with all such problems, the earlier BRI is called the better the prospects.
Whilst the intention is generally to avoid the need for a formal restructuring procedure, such as an administrative receivership, administration or company voluntary arrangement, they do offer vital restructuring tools such as protection from hostile creditors whilst a strategy is implemented. BRI know these waters and offer you a safe port in a storm.
Financial pressures may not be the only trigger for restructuring a business, advice may be sought when the following are required:
- Stabilisation and operational turnaround;
- Demergers and corporate splits;
- Streamlining the group structure;
- Managed exits.
If you would like further advice and assistance regarding any aspect of restructuring your business, contact BRI today. Your issues will initially be discussed, free of charge and with no obligation.