Restructuring & Insolvency

Crisis stabilisation and turnaround

In an era of unprecedented change and uncertainty in the economic and political landscape, skilled senior operators are increasingly having to manage and implement a turnaround or restructuring.

At Moore, we provide hands-on support to management in devising strategic plans to facilitate both financial and operational turnaround – thus creating a revised platform which key stakeholders can support. We will help you stabilise your business, dispose of unprofitable business lines, review your pension scheme, manage stakeholder relationships and build a strong foundation for future growth.

Debt restructuring and management

Our team advises businesses on their debt and capital needs, from raising finance to support an acquisition strategy, refinancing existing debt facilities to raising capital as a means of rebalancing your capital structure in times of financial stress. With the support of our specialists, you will have peace of mind so you can get on with running your business and pursuing what is important to you, while leaving the technical details to us.

Working capital improvement

Free cash flow and liquidity are the lifeblood of any business. Our extensive experience through the years has provided us with a deep understanding of the key working capital issues management is grappling with these days, due to lack of visibility on the cash operating cycle, high levels of overdue receivables, funds tied up in inventory to poorly designed payment terms of customers and suppliers. We can help you face these challenges through a bespoke action plan. Our recommendations have one overriding objective – fostering sustainable improvements in your working capital position in the long term.

Independent business review

We undertake independent business reviews for management and other major stakeholders, including banks, to provide an objective diagnosis of the current financial position of businesses in financial distress. Through our review, we seek to eliminate the information asymmetry between lenders and borrowers, thus allowing providers of finance to shape an informed view on borrowers before striking any refinancing, restructuring and other concessional arrangements. We can help to identify reasons for underperformance, assess the severity of the liquidity situation, suggest the most cost-effective turnaround possible and appraise the impact on key stakeholders affected.

Corporate simplification and tax exits

Many groups have entities within their corporate structure which are redundant, for example, dormant companies or duplicate companies performing a similar function. Those unnecessarily complex group structures can be costly, inefficient and unattractive to potential buyers of your business.

Removing surplus entities can release capital, mitigate recurrent costs such as audit, accounting and tax compliance, and reduce management time. Our team will help you streamline your company’s group structure to improve transparency, good corporate governance and respond to legislative and regulatory changes such as Base Erosion and Profit Shifting (BEPs).

Corporate Insolvency

Financial misfortune can strike any business or individual with potentially serious and far-reaching consequences. We view formal insolvency proceedings as a last resort and our first priority is to focus on recovery- both of the business and its corporate structure. By getting involved at an early stage, our team can help you through this stressful time, minimise the financial impact and put your business on the road to recovery, while securing the best achievable outcome for creditors and other stakeholders.

However, when a business cannot be rescued or an insolvency process is necessary to recover a viable part of a business; it pays to take expert advice to understand your specific situation. Insolvency is a complex and specialised field requiring expert assistance. Moore has a specialised corporate recovery and insolvency team led by a licensed Insolvency Practitioner who has been providing corporate recovery services for over 30 years.