Executive Summary: This complex case study examines the successful turnaround and restructuring of a group of mid-sized professional accountancy firms (referred as “ASPL” for this study) based in London. Background ASPL had been a well-respected firm in London, providing a range of accountancy services to both corporate and individual clients. Despite its strong reputation, the
The KSA Group started taking formal insolvency appointments in 2009 with the merger of KSA Group and Marlor Walls in the summer of that year. Since then we have learned a massive amount about the technique, we’ve gained experience from dealing with over 320 CVA appointments between 2009 and September 2022 . That’s 320 crisis
Reasons for the difficulties Our client is a specialist sport clothing supplier company with distribution agreements with two leading international manufacturers. It encountered financial difficulties due to a combination of factors. Due to the UK leaving the European Union it became very difficult to sell outside of the UK. It then focused on the UK