Corporate restructuring doesn’t need to mean the end of your business – it can save it.

Cash flow is at the heart of every business – achieving a good balance between your expenditure and your income. We’re living in challenging economic times and the pressure and stress of running a company during a pandemic is felt keenly across businesses. But if you’re experiencing cash flow issues and you can’t pay your overheads until the invoices are cleared, your business will quickly become out of control.

If you’re facing financial or operational difficulties or you fear your company may become insolvent, you need to contact a corporate restructuring specialist now. The earlier you act, the greater the range of options available to you.

Corporate Restructuring

A corporate restructure doesn’t need to mean the end of your business, it could save it. The process involves a re-organisation of your company’s debts and potentially selling off assets that are non-essential to get your business in a better cash flow state, to help you come out of the other side and plan for the future.

The benefits of a Corporate Restructure

There a number of benefits to engaging with a licensed Insolvency Practitioner to carry out a professional restructure of your business. A restructure can:

  • Increase profitability
  • Generate money and reduce costs
  • A healthier balance sheet
  • Reduction in liability costs including long term pensions
  • Identify the best capital source to meet your objectives

Your duties as a company director

During times of financial strife, company directors have a responsibility to act in the best interests of the company. It's worth refamiliarising yourself with what your duties are, the warning signs to look out for and the action to take. Download our short Directors Responsibilities guide below.

Every business experiences turbulence  

Every business, whatever the size or stage it is at, will experience challenging financial times. A corporate restructure can help make debts and any liabilities more manageable, reducing the worry and stress you have been feeling, to help you get back to what you do best - running your business.

We had major cash flow issues and a winding up order had been issued by HMRC; they wouldn’t listen directly to me. Johnston Carmichael had to step in - I don’t know what they did behind the scenes with HMRC but they got the extension which ultimately allowed us to continue trading and saved the business

Company Director, SME

For the first time in a long time I enjoy coming into work because I have no worries about getting bills paid and paying the wages. I can concentrate on working with the clients and doing what I do best.

Chris Hall, Director, ScotPanel

How we work with you

One of the core values of the team at Johnston Carmichael is ‘standing in other people’s shoes’ and this is certainly a value we embrace daily in our Restructuring work. The main aim of the team is to always start by finding a way to save the business, and in times, we’ve done this where others have failed.

We work closely with you and your management team to find efficiencies and improve performance. We pride ourselves on developing a trusting relationship with you and your stakeholders so that we can help you tackle your priorities and achieve your goals.

Helping you to turn your business around

A corporate restructure is a good deal of hard work. Money is usually tight and time is critical, but our team will be with you every step of the way to deliver a plan that helps you to see light at the end of the tunnel again. Through our recovery planning we’ll also help you to regain trust with you your key creditors by showing the steps you’re taking to tackle your issues effectively and the plans for the future.

The earlier you act, the better the range of options

We would encourage all directors to remember that even though times are tough just now, there is always the possibility of a business rescue if you seek specialist advice before your business runs out money in the bank. Seeking early professional advice to assess the options available and regaining the confidence of your key financial stakeholders could make or break your company

Let’s get started

We’re here to help. If you're ready to talk, get in touch with me to arrange an initial chat at: We’ll then get started on a plan.

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