Restructuring & Insolvency
PARTNER CASE STUDY Foreign Exchange Risk Management
IIFX delivers bespoke credit facilities to support hedging. It’s end-to-end solutions have been delivering convenience, value and flexibility for more than 13 years. Focused on results-driven performance, IIFX assist with FX risk management and payment support through deep understanding of each clients’ specific business needs.
CASE STUDY Road Haulage – Better insolvency outcome
With small trading losses eroding the balance sheet, this road haulage business was under immediate threat from unpaid tax bills. Opus worked with the owners to manage the expectations of HMRC, funders and suppliers whilst using its restructuring and M&A expertise to achieve a better outcome.
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.
CASE STUDY 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.
CASE STUDY 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.
CASE STUDY Property – Funding and Project Management
Opus Restructuring was able to add significant value to a £4m high specification 6 unit residential development project which faced cash flow problems, and on which all work on site had stopped.
January 23, 2022
It is common practice for director/shareholders of owner-managed businesses to take remuneration by way of a low basic salary paid through PAYE, with the remainder […]
January 21, 2022
2022 will be a year of renewed optimism for many business owners as they hope to put the pandemic well and truly behind them and […]
January 6, 2022
We start the year off with a few helpful hints to ensure your business is in the best shape for whatever 2022 throws at the […]
December 16, 2021
Consumer price inflation hit 4.2% in October, its highest level for a decade, and will go higher as we head in 2022. For pandemic-pressed businesses, […]