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3 - Restructuring
This graph shows the impact of restructuring. By this we refer to restructuring creditors.
This can involve a simple deferment of (for example) one creditor, or, it could involve a more complex insolvency restructuring. Examples of this are company voluntary arrangements (CVAs), administrations and “informal” creditor deals.
However, regardless of the procedure, our experience has shown that if one relies solely on the "restructuring", it rarely achieves a sustainable turnaround. This is because the business is not effectively stable. So while cosmetically balance sheets can radically improve, this in itself can often be insufficient.
The right advisors can structure a turnaround plan to maximise stakeholders interests. For further detailed information please click on the Classic Turnaround Cycle stages on the left or click here for the fourth graph - Turnaround Finance.
Business in Crisis
Action Stations
Restructuring
TMP UK
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
Map Link
TMP SA
Ruskin House
Roeland Street
Cape Town 8001
South Africa
T: +27 21 461 2647
F: +27 (21) 461 2642
Map Link