Turnaround

Since 2000 McTear Williams & Wood has helped numerous businesses facing insolvency back to profitability. Examples of some of the cases we have worked on appear below.

Facts: Referred by: Accountant Industry sector: Health and safety audits and projects for public entertainment spaces Annual turnover: £550,000 Employees: 7 Bank overdraft: £75,000 Background The company had traded for

Facts: Oil and gas industry contractor Hit by a collapse in the order book Operating on 3 continents Lacked up-to-date management information and forecasts Was running blind Background In better

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