This case study is an excellent example of where we can rescue a company without having to use an insolvency mechanism. All parties want to avoid insolvency if possible for the best possible outcome.
RMT Accountants & Business Advisors, part of the Sumer Group, is set to grow its presence in the business recovery and insolvency sector after completing the acquisition of a specialist restructuring practice for an undisclosed sum. RMT has acquired the KSA Group, which specialises in pre-insolvency solutions and works with the directors and owners of
KSA Group rescues and helps management turn around £18m UK pharmaceutical manufacturing business with powerful Company Voluntary Arrangements deal. Chairman Mr X said “Hi Keith and team, I would like to record my sincere thanks to you and your team for the great advice, guidance and support you’ve brought to ***** Limited since January 2024. Getting
Retail Warehouse Saved With a CVA According to KSA’s managing director, Keith Steven “With the loss-making store shuttered, the company will be able to focus on sales through its profitable retail store and online sales platform, both of which have previously performed well financially. This instance demonstrates the significant impact that a well-structured CVA may
The company RR Flexo approached KSA Group as it was having financial troubles. R.R. Flexo Limited, provided printing and film packaging services for various commercial uses, and was founded in October 1983 as a small family business initially serving the newspaper and magazine mailing industry. However, the company faced financial challenges due Covid. These challenges
A great KSA Group turnaround story! Administration to protect the company, followed by a company voluntary arrangement (CVA), paying 100p in £1 for all creditors. Followed some years later by our client selling for millions! Murray Duncan approached KSA Group 10 years ago when his company, Paralaw Limited, was facing severe financial distress and cash flow
Eric Walls and Wayne Harrison are delighted to announce the sale of a 40 year old flexographic packaging and printing company in the Norfolk area. The business had been trading well, with sales of over £3m per annum, until the sudden loss of a major contract. The directors sought advice from our insolvency practitioners, and
The UK rescue culture is going to be so important when we eventually deal with the massive debts building up behind the UK’s artificially low company insolvency rates. Post Covid-19 lockdown and the return to normality, how will companies service bounce back loans, CBILs, arrears of rent and the huge £85bn of VAT & PAYE