Heskin Office
Manchester Office

Corporate rescue and turnaround

For those businesses experiencing difficulties, admitting there is a problem in the first place can be a difficult task… Businesses encounter financial problems for a variety of reasons; fluctuations in the market place, economic downturns, the loss of a key customer, poor management, a series of bad debts or failure to secure a crucial contract.

Troubled businesses have two options; take cover or take action! Businesses that recognise problems at the earliest outset stand a better chance of developing and implementing a business rescue plan.

Marshall Peters is a firm committed to business rescue and our objective in every case is to carry on trading successfully and reverse the direction of our clients’ business. We will develop a plan bespoke to your business, sector and employees, whilst retaining the integrity of your company and helping it return to a successful trading operation.

Corporate insolvency

Marshall Peters strives to ensure rescue and survival for all client cases of financial difficulty, but it is inevitable that this is not always going to be possible. There can often be severe underlying problems which may prevent a long-term recovery of the business, and in such cases formal proceedings to place the company into administration or receivership may be required. Even if this happens, there are opportunities that the company may have a future. Other measures include Company Voluntary Arrangements or as a last resort, liquidation. Even then, there may be a solution which can help you regain control of your business at a later date.

Working with partners

Marshall Peters has strong relationships with professional advisers such as accountants and solicitors, working with their clients in financial difficulties. In these cases, our intermediary partners will want the best solution for their clients and we work with them to ensure the best result.

Key services:

  • Corporate rescue and turnaround

  • Financial and corporate restructuring

  • Corporate insolvency

  • Company Voluntary Arrangements (CVAs)

Key sectors:

  • Manufacturing

  • Retail

  • Telecoms

  • Printing

  • Leisure

  • Motor