Restructuring & Insolvency

Case Study

Cryptocurrency – Cubits Exchange Insolvency

Cubits used PaySec to overcome the payment restrictions in place in China. PaySec was responsible for the cash settlement of BTC purchased by Cubits’ Chinese customers. The accounts of three Chinese customers were allegedly hacked.

Manufacturing – Failure of integration creating cash flow issues

Losses were encountered, sales were lower than anticipated coupled with greater than forecast direct costs due to delays encountered in integrating the businesses and achieving the growth needed.

Construction – Cash flow challenges

Due to greater than expected groundwork costs the developer had run out of working capital. The units were structurally complete but required internal finishing. The primary lender was faced with little option than enforcement action.

Opus continues expansion plans with offices in Leeds & Newcastle

December 4, 2020

Opus Business Advisory Group has taken another significant step as it grows its ability to offer business advisory services to businesses throughout the United Kingdom.  […]

Company Voluntary Arrangements (CVAs) in the current climate

December 3, 2020

A Company Voluntary Arrangement (CVA) is essentially a deal with unsecured creditors to pay a percentage (or all) of sums owing. There are also similar […]

8 Step Business Plan for Growth & Profitability in ‘New Normal’

December 2, 2020

The Current Business Challenge The world is experiencing the biggest Global pandemic in living memory.  Many aspects of business life as we knew it have […]

Opus opens Bristol office, expanding its national footprint

December 1, 2020

Opus Business Advisory Group continues to grow its UK presence and recently opened its doors to a new office in Bristol.  This is their 6th […]