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CAN WE TURN IT ROUND?
Marlor Walls specializes in company rescue and turnaround of distressed
companies. We have very considerable experience of rescuing companies in
situations where the management or owners of the company 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 company 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:
-
The Company Voluntary Arrangement (CVA)
- Administration
Click
on the appropriate tab on the left to see details of these procedures.
The
crucial issues facing distressed companies, once they have recognized
their underlying problems, are:
-
Buying time to solve those management, technical, administrative, bureaucratic
and other problems, or
- Buying
time to find the right resources to solve these problems
- Finding
funds to supply the resources to solve the problems
The
CVA and, in many 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 CVA and the Administration in company 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 company 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 the company's ills, while you run all the risks
associated with being a director of an insolvent company, and we shelter
behind a consultancy, taking none of the pain and all of the gain.
CONTACT DETAILS ARE ON EVERY PAGE, PLEASE BROWSE THE SITE USING THE TABS
FOR DETAILS OF THE VARIOUS PROCEDURES.
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