Icknield has years of experience of the practical aspects of corporate restructuring. When a company hits troubled times it needs good professional advice and needs to be able to act on that advice. Frequently a company in these circumstances will not have sufficient experienced resource available internally. Icknield can solve this problem by managing the stabilisation and restructuring phases on the company’s behalf.
• A full service from crisis management to restructuring and turnaround
• Stabilisation
• Avoiding a cash crisis (or bringing a crisis under control)
• Providing visibility on key drivers to the board, shareholders and lenders
• Obtaining shareholder/lender support
• Cost reduction and corporate surgery
• Restructuring
• Proposing a new financial structure
• Negotiating solutions with lenders and shareholders
• Helping management with practical issues e.g. business continuity planning & implementation where restructuring involves a change in business ownership and/or an insolvency process
• Turnaround
• Creating and implementing a turnaround plan
• Driving the changes ourselves or bringing in appropriate resource to deliver this
• Changing the board/management team where necessary to deliver the solution
• Assuming a CRO role during the above phases
• Continuing role during the continued turnaround post restructuring
