Our client is an ITC service provider to a large number of SME companies in London and the South East. Turnover in 2008-9 was £3.5m. Sales were impacted by the failure of a large client. This caused a bad debt of just under £300,000 but more importantly a loss of future sales. Turnover fell to
In early 2013, this printing company was facing the loss of a major contract that would have made the business unviable. A detailed review was carried out by Eric Walls of KSA and his team, to ascertain whether the company could be restructured in a CVA. This proved impossible and the plan was to trade