Gareth leads a team of restructuring professionals in Leeds who assist clients in financial stress or distress. They work closely with the directors and stakeholders in those businesses to stabilise and restore value.
Gareth has worked at three banks during his career (Abbey National / Barclays/ National Australia Bank) and therefore has a deep understanding of the requirements of lenders and other stakeholders (including private equity houses). During his time at National Australia Bank he was responsible for a distressed leveraged portfolio, but also included some of the bank's larger property portfolios.
Gareth provides a range of advisory services in the local and national market, and has developed, and now leads RSM’s credit scoring improvement service nationally. This specialist service involves reviewing current credit scores for appropriateness and improving them, often substantially. To date, this team has a 100 per cent record in improving client's scores, often with transformational results – allowing greater access to credit, freeing up working capital, and increasing ability to win tenders.
As well as reporting to stakeholders, selling businesses and improving working capital, Gareth is often involved in mediating between stakeholders, Directors and partners who may have reached an impasse, or who are unable to agree on strategy. Often this is damaging to the business and requires an experienced mediator with a restructuring background to unlock the position.