An expert helping hand when you need it most
To help ease that pressure and strengthen your management resources we have a network of turnaround interim managers (t-im) who can work alongside you to bring your business back to profitability.
When might turnaround interim management be appropriate?
- When you are spending most of your time juggling cashflow to pay bills
If you are running your business for cash rather than profit. - When your business is put on stop by suppliers.
- If HMRC payments are overdue.
At an initial meeting we will make suggestions to ease cashflow or safely inject working capital and advise you on how to avoid wrongful trading and personal liability. We won’t judge but we will be realistic about the future of your business. There is no charge for this.
Beyond that we can recommend a 5-step plan to recognise the warning signs, stabilise the business and plan for the future.
Steps 1 to 4 are undertaken by our in-house team of professionals. Step 5 is carried out by a turnaround interim manager – a professional introduced by us who will work alongside you to take the strain and fill any gaps in your management team providing the perfect crisis management solution.
Associate
- 01603 877540
- 07711 253291
- philbailey@mw-w.com
- Prospect House, Rouen Road, Norwich, NR1 1RE
Understand your financial options
Check the health of your business with our free business health check tool.
Get an indication as to whether your company has what it needs to survive.
Includes:
-Company health assessment
-Types of liquidation available
-Options & next steps
*All information provided is completely confidential and will not be shared with a third party
Free advice line for distressed company directors > 08003317417
Our network
Our turnaround interim management (t-im) network can be called upon at a moment’s notice to work alongside owners and managers of businesses under financial pressure. They are used to working in distressed situations and bring first-rate management skills allowing the business’s senior managers to stop ‘firefighting’ and re-focus on delivering results
Our t-ims have diverse skill sets ranging across financial, sales and marketing, production, operations as well as general management and leadership. They have been there, done that and turned businesses around before. To find out how turnaround interim management might help in your specific circumstances call us in confidence and speak to Phil Bailey.
How can we help - Book a free 1-2-1
If your company is struggling with unmanageable debts, decreased cashflow or concerns about about your company’s future, we can assess your situation and provide you with tailored solutions and options.
During your free initial advice meeting, we will discover a true picture of your company’s financial situation
and offer practical and expert guidance on your next steps.
Initial meetings can be held at our office or your premises and are completely confidential.
There is no charge for this meeting – charges only apply if and when terms of engagement have been agreed.
Related services
Independent advice when it matters most At McTear Williams &...
Is your family business in financial distress? Running a family...
BUSINESS RESCUE & INSOLVENCY SPECIALISTS
Download your free Directors' guide
This free, easy-to-read guide is designed to help directors whose company is in financial distress. It will assist directors to navigate around insolvency issues and avoid potential pitfalls, split over ten sections this guide walks you through the matters in a logical order you are
likely to need to consider.
Latest news and insights
Leighton Buzzard flight simulator company to close
A Leighton Buzzard based flight simulator company is being forced to cease trading at the end of the month due to sustained financial losses. Fly A Flight, which is based
Family businesses in the South East: navigating financial pressure and protecting your future
Family-run firms form the backbone of the UK economy, accounting for around 93% of all private sector businesses. These enterprises represent more than commercial ventures, as they reinvest profits back
What is company liquidation – and why does it happen?
When a company reaches the end of the road, liquidation may be the next step. But what does that actually involve? And why do businesses choose, or get forced, to