K2 BUSINESS RESCUE saves companies through implementing fundamental change, including strategic reorientation, operational reorganisation, sales-focused marketing, business improvement and balance sheet restructuring. Where necessary we use CVAs as an insolvent restructuring tool but we do not take insolvency appointments, instead we work closely with insolvency practitioners and existing secured lenders.
Key services provided:
• Trading insolvent companies
• Improving cash flow
• Installing controls & reporting systems
• Crisis & stakeholder management
• Improving financial & accounting procedures
• Forecasting & business modelling
• Staff reduction, redundancies & performance incentives
• Renegotiating contracts & lease termination
• Dealing with winding up petitions
• Drafting CVA proposals
• Introducing sales & marketing initiatives
Appointments taken:
• Restructuring advisers
• Interim CEO or CRO
• Interim Chairman, MD or FD
• Interim executives
• Workout managers
Other:
• Approved by Business Link as supplier of Business Support
• Access to K2 turnaround fund – £5m
• Full PI cover as Company Doctors