Search

Reset
Displaying 10 of 26 results
What to try before you seek a capital and debt restructure
Gareth Harris

22 September 2020

Each of the stakeholders in your business (no matter how big or small) will expect you to have considered some intermediate steps before you approach them for help. This article explains some of the things you must have tried this or asked before you ask for wider support.

Capital and Debt Restructuring

22 September 2020

Given the constant change and uncertainty recently, many companies will find themselves with reduced profitability and cash generation through no fault of their own. After reacting to market changes the business model may remain sound, but the current capital and debt structure may hinder future development. There may be limited incentive for management or equity providers to invest further, and debt funders may be concerned about their position. In such circumstances it may be appropriate to consider a consensual restructure.

Alternatives to capital and debt restructure
Gareth Harris

22 September 2020

Capital and debt restructuring processes can achieve a great deal and solve a lot of issues. But it’s possible that other more formal restructuring processes will be required as well - especially if there are more stakeholders than it’s possible to engage with or greater cost savings are needed to ensure survival.

Why a consensual process is vital in capital and debt restructure
Gareth Harris

22 September 2020

In any restructuring process, it is important to keep all stakeholders on board and motivated to complete the deal – even when bumps in the road appear. Maintaining this consensual process can require a great deal of diplomacy, negotiation and some challenging conversations, but it is vital to get the right structure for the longer term.

How to align stakeholder interests on capital and debt restructure
Gareth Harris

22 September 2020

In normal circumstances, most of the key stakeholders in a business share a common aim: the continuing good performance of the company. Their ultimate end goals may differ - your bank may be focussed on repayment of its debt, whereas your employees may be more concerned with job security – but, by and large, there’s alignment. This alignment can break, however, if your business has become burdened with too much debt or the wrong capital structure. Without alignment, some stakeholders can take decisions that may be in their own best interests but that are not in the company’s.

Carrying too much debt? You may need a capital and debt restructure
Gareth Harris

22 September 2020

The impact of the coronavirus pandemic meant that many businesses took all possible steps to survive, including taking on more debt. As businesses have opened up some are realising that they are not as profitable as before. And repaying the pre-coronavirus and post coronavirus-debt may not be possible. What can you do if your business is in this situation?

Preparing a business case for a capital and debt restructure
Gareth Harris

22 September 2020

In order to demonstrate that you have too much debt and the wrong capital structure to your stakeholders you will need to prepare and provide some key information. Read on to find out what you will need, why you need it, and how you can prepare it.

Low levels of insolvency figures in August mask soaring redundancies and companies unable to pay make redundancy payments
Gareth Harris

16 September 2020

The UK insolvency statistics for August 2020 show that corporate insolvency levels remain at very low levels, some 43 percent lower than in August 2019 (1,369 August 2019, 778 August 2020).

Insolvencies lower than last year due to government support, but debt is increasing dramatically
Gareth Harris

14 August 2020

Despite the what is now officially a recession, a wave of money and government support totalling over £83bn (furlough and loan schemes only) is still keeping UK companies afloat, but corporate debt levels are soaring as a result.

RSM advises on deal for County Durham manufacturing businesses
Keith Marshall

14 August 2020

RSM has been successful in agreeing a deal with a Swedish based manufacturer (Dellner Bubenzer Group) to acquire the majority of the business and assets of Romag and Romag PPM, saving over 100 jobs in Country Durham.

Pages