Definition of Turnarounds

We define turnarounds as returning an insolvent or potentially insolvent business to operational and financial stability, while maximising all shareholders' interests.

 

The Mechanics for a Turnaround

Although all turnarounds are different and one cannot prescribe a "format" for a turnaround, we feel that most (but not all) turnarounds require certain common ingredients.

1. Proving core viability

2. Restructuring skills and experience

3. Turnaround finance

4. Turnaround management

We feel that once the core viability is proven, that the implementation of the turnaround is a bit like a 3 legged stool. If you try to implement a turnaround without including all 3 components of turnarounds, the stool will become unbalanced and fail.

For this reason, we specialise in providing all 3 key areas:


• Professional Turnaround Services

• Turnaround Finance

• Turnaround Management

 

Classic Turnaround Cycle

In order to demonstrate the classic turnaround cycle, we have created a series of graphs. For further detailed information please click on the Turnaround Definitions links on the left or click here for the first of our graphs - Business in Crisis.

Classic Turnaround Cycle 1 – Business in Crisis 2 – Action Stations 3 – Restructuring 4 – Turnaround Finance 5 – Turnaround Management 6 – Changing the Game Plan 7 – Value Added

We were voted
"Leading Independent Turnaround Firm in the UK"
Inside Guide

2008 Business Rescue of the Year Finalist
Finalist

2009 Awards
Turnaround Practitioner of the year

Finalist

CONTACT TMP U.K.
Level 25 Tower 42
25 Old Broad Street
London EC2N 1HQ
United Kingdom
T: +44 (0)20 7496 1010
F: +44 (0)20 7374 8341
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CONTACT TMP S.A.
Ruskin House
Roeland Street
Cape Town 8001
South Africa
T: +27 (0)21 461 2647
F: +27 (0)21 461 2642
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