How do we help Businesses in Financial Distress?

We provide a range of services to businesses in financial distress, including advice on insolvency and reconstruction.

Turnaround and Reconstruction

We offer an integrated range of services to help clients analyse, restructure and turn around businesses that face financial difficulties.  Creditors may realize their recoveries can be significantly improved if the company is restructured rather than winding up.

Our restructuring and turnaround services include:

  • Small Business Restructuring
  • Debt Restructuring
  • Financial and Operational Reviews
  • Strategic Business Planning
  • Valuations
  • Profitability Improvement Studies

Insolvency

Sometimes referred to as Liquidation, Administration or Receivership, Insolvency is the inability of a company to repay debts as and when they fall due. Rodgers Reidy boasts the specialist accounting knowledge, experience and resources to help people and companies dealing with these financial problems.

In the first instance we try to determine if the business can be returned to solvency, where we believe that is not possible we offer the following services:

Corporate Insolvency

  • Voluntary Administration
  • Deed of Company Arrangement
  • Receivership
  • Creditors Voluntary Liquidation
  • Simple Creditors Voluntary Liquidation
  • Court Liquidation
  • Provisional Liquidation

Small Business Restructure

A Small Business Restructure is a formal process that may help a business to turn around its insolvency and to resume trading a solvent business, thus avoiding further debt and other punitive action.

  • Eligibility Criteria Assessment
  • Initiating the Appointment
  • Restructuring Phase
  • Restructuring Plan
  • Moratorium

For more information on the process, please contact Rodgers Reidy. Our team can help you to focus on the areas of your business that need attention, and then provide you with a plan for recovery, turnaround and restructuring if required.

We are here to help you.