Working alongside the management team, shareholders and lenders Mercer & Hole can assist underperforming and financially distressed businesses.

Mercer & Hole can deliver and implement a restructuring solution, which will not only get the business back on track, but will provide real improvements to cash flow, profit and the businesses net worth.

Assignments we undertake regularly include:

Operational restructuring

• Strategic review - working with management, Mercer & Hole can carry out a detailed review, without disrupting the business and assist in creating and delivering a robust turnaround strategy aimed to ensure that the benefits reach the bottom line.

• Performance review - Mercer & Hole can provide advice on how a business can achieve margin improvements and costs reductions, when experiencing slowing or stagnating performance or the effect of increased competition. As part of our review we will consider issues such as core asset disposal, sales and marketing strategies, optimising purchasing and inventory functions, and the rationalisation of the administration and finance teams.

Financial restructuring

• Business performance and liquidity review – whether looking forward in the short or long term, an independent business/liquidity review can highlight peak requirements, vulnerabilities and potential opportunities. Working with the management, Mercer & Hole can identify and analyse the key drivers behind the cash flow forecasts, assess the liquidity of the business operations and identify future funding requirements.

• Cash and working capital management review – Mercer & Hole can assist with planning revenue or margin improvement, identifying cost reduction opportunities and analysing current or future financial requirements. A well structured review can assist with negotiations with key creditors and facilitate the on-going relationship between management, lenders and other stakeholders.

Corporate simplification

• Group streamlining – applying for striking off or implementing a Members’ (solvent) Voluntary Liquidation for non-trading or redundant companies can provide benefits such as reducing costs, releasing capital for use elsewhere in the group or simplifying the group structure.

• Managed exits – can be used effectively as part of tax or retirement planning, or as a result of the company having achieved its specific purpose.

• Reconstruction liquidations – a tax efficient scheme for achieving a commercially driven demerger or corporate split.

Restructuring & Insolvency partners:

Steve Smith
Partner
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Peter Godfrey-Evans
Partner
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Chris Laughton
Partner
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Contact us:

Call 0845 603 6253 to speak with one of our Licensed Insolvency Practitioners or alternatively you can email us.

The Restructuring & Insolvency team have considerable experience and strong reputations for dealing expertly with a wide variety of insolvency issues. We specialise in rescuing businesses through operational turnaround and financial restructuring, and through the constructive use of formal insolvency procedures. We can deliver and implement a restructuring solution, which will not only get the business back on track, but will provide real improvements to cash flow, profit and the business’s net worth.

Mercer & Hole have offices in London, St Albans, Milton Keynes and Northampton.