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SOLE TRADER PARTNERSHIP Marlor Walls specializes in business rescue and turnaround of distressed firms. We have very considerable experience of rescuing businesses in situations where the management and owners of the firm have the intelligence and foresight to recognize that there is a problem and to seek advice, while there is still time to solve the problems. What we want to do is to supply a mechanism to enable you to solve your own problems We specialize in applying the business rescue mechanisms provided by the legislation and which form part of the rescue culture espoused by government, the banks and particularly the corporate recovery and turnaround professions. These are:
For details of the IVA procedure click here The crucial issues facing distressed firms, once they have recognized their underlying problems, are:
The IVA and, in many partnership cases, the administration provide mechanisms for producing a solution that is beneficial for all the stakeholders in a business. In our experience the majority of creditors recognize the inter-dependence of business upon business. Few of them want to lose a customer and none want to suffer the losses inevitable in failure, if that can be avoided. As a consequence, a well thought out scheme, informatively and professionally presented, is usually well received. The number of factoring and asset finance companies who specifically target their marketing at those situations shows the efficacy of the IVA and the Administration in business rescue. We are more than happy to look at any problem to decide if we can offer a way to rescue your business. We make no charge for that initial consultation - it's our opportunity to convince you of our consummate professionalism and to demonstrate what we can do. But be aware: We're not terribly interested in trying to solve your marketing or manufacturing problems. We don't want to revamp your human resources setup, introduce new computer systems or set up a new accounts department. If we, as individuals, had all these skills we'd almost certainly be running a company with a very big turnover, which had a happy work force making a super product very efficiently, at a large profit. If we were any good at doing any of this we wouldn't do it for a firm in difficulties, which might not pay us for our efforts - we'd do it for a lot of large companies that could afford large fees. If we were a firm that was large enough to deploy all these skills by employing a platoon of highly paid consultants all year round, you wouldn't be able to afford us. Nor do we seek to construct some kind of deal where we try to take a financial interest on the promise of a speculative cure for your business's ills, while you run all the risks associated with being the proprietor of an insolvent firm, and we shelter behind a consultancy, taking none of the pain and all of the gain.
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