RMT Accountants & Business Advisors, part of the Sumer Group, is set to grow its presence in the business recovery and insolvency sector after completing the acquisition of a specialist restructuring practice for an undisclosed sum. RMT has acquired the KSA Group, which specialises in pre-insolvency solutions and works with the directors and owners of
KSA Group rescues and helps management turn around £18m UK pharmaceutical manufacturing business with powerful Company Voluntary Arrangements deal. Chairman Mr X said “Hi Keith and team, I would like to record my sincere thanks to you and your team for the great advice, guidance and support you’ve brought to ***** Limited since January 2024. Getting
Retail Warehouse Saved With a CVA According to KSA’s managing director, Keith Steven “With the loss-making store shuttered, the company will be able to focus on sales through its profitable retail store and online sales platform, both of which have previously performed well financially. This instance demonstrates the significant impact that a well-structured CVA may
The company RR Flexo approached KSA Group as it was having financial troubles. R.R. Flexo Limited, provided printing and film packaging services for various commercial uses, and was founded in October 1983 as a small family business initially serving the newspaper and magazine mailing industry. However, the company faced financial challenges due Covid. These challenges
Executive Summary: This complex case study examines the successful turnaround and restructuring of a group of mid-sized professional accountancy firms (referred as “ASPL” for this study) based in London. Background ASPL had been a well-respected firm in London, providing a range of accountancy services to both corporate and individual clients. Despite its strong reputation, the
The KSA Group started taking formal insolvency appointments in 2009 with the merger of KSA Group and Marlor Walls in the summer of that year. Since then we have learned a massive amount about the technique, we’ve gained experience from dealing with over 320 CVA appointments between 2009 and September 2022 . That’s 320 crisis
Reasons for the difficulties Our client is a specialist sport clothing supplier company with distribution agreements with two leading international manufacturers. It encountered financial difficulties due to a combination of factors. Due to the UK leaving the European Union it became very difficult to sell outside of the UK. It then focused on the UK
A great KSA Group turnaround story! Administration to protect the company, followed by a company voluntary arrangement (CVA), paying 100p in £1 for all creditors. Followed some years later by our client selling for millions! Murray Duncan approached KSA Group 10 years ago when his company, Paralaw Limited, was facing severe financial distress and cash flow