This case study is an excellent example of where we can rescue a company without having to use an insolvency mechanism. All parties want to avoid insolvency if possible for the best possible outcome.

• London, Kent and Sussex law firm conveyancing, family and commercial law divisions
• Fee income across 3 entities totalling £8.9m
• KSA negotiated 48 month time to pay deal with HMRC Enforcement office for £916k
• Additionally, we negotiated over £1.1m of unsecured loans with Iwoca, Funding Circle and other loan providers
• Negotiated a CBILS loan with clearing bank, extended loan term by 24 months
• Negotiated exit from 3 unused properties, cutting overheads.
• Based on detailed business planning, highly detailed interlinked forecasts across this group
• Supported by comparison of outcomes between total liquidation losses for creditors and 100p in £1