Turnover of £3.2m. General decline of construction industry leading to financial downfall. KSA was approached by one of the Directors of this company, which led to a meeting being held between the Directors and KSA Director Iain Campbell. The construction industry has suffered a massive hit due to the recession, which is one of the
The Midlands based company was incorporated in 2008 and traded from a residential garage until 2010, when it moved to a local business park and purpose built unit. The company supplies replacement glass for national coach and bus companies. Problems started in the fourth year of trading after agreeing to supply one of the country’s
This company provided support, computers, PDAs and software to a national roadside recovery firm with over 300 systems on the roads. It had over expanded into new property/lots of new people. So after winning that contract the directors thought the company could be all things to all similar clients! The world is a much harder
Aylesbury and Dundee CVA Case Study – Call centre business, sales of £450,000 This company provided call centre support services to sales companies. Once again fast growth was not underpinned by enough capital. Then the company lost a big customer and could not pay VAT and PAYE. A winding up petition was issued and we
Agricultural equipment manufacture rescued by a Company Voluntary Arrangement (CVA) Following an initial conversation with KSA, our Regional Manager for Scotland and Northern Ireland, Derek Robinson met with the company director at their plant in Northern Ireland to discuss, in detail, the problems the company was facing. The company had a turnover of £760k, which