Matthew helped enormously with practical advice and support on planning, negotiating with creditors and ultimately overcoming the financial difficulties.
Marcus Idle, Oxford Web
Areas of operation:
A BM&T Principal led the restructuring of a mid-sized, London-based professional services firm with £15m turnover which had experienced a downturn in revenue as a result of market conditions, cost competition and a failure to adapt their operating model resulting in losses. The cost base was reduced by 19%. Losses were stabilised and the business returned to a profit for first time in two years
The restructured business was successfully sold to, and integrated into, to a larger firm.
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Notes, insights and reflections from Matthew, one of our directors and turnaround experts, as he works with companies during Lockdown.