Services Our directors are approved liquidators whose prime objective in such assignments is to ensure that returns to stakeholders are maximized promptly and efficiently.
Should lenders wish to enforce their security in a situation where the borrower has provided a debenture which provides for the appointment of a receiver and manager, we have the experience and skills to operate and continue the borrower's business with a view to maximizing returns to the lenders through a sale of the business as a going concern or an orderly sale of its assets, or alternatively through a debt restructuring scheme. Applications may also be made to Court to appoint receivers to preserve and protect assets. Our depth of experience and skills is the key to the successful completion of such assignments which require a range of technical, legal, and 'soft' skills sets to carry out numerous tasks including: Continuing to trade the borrower's business; Dealing with creditors, suppliers, and landlords; Managing employees; Liaising with authorities; Reviewing, identifying and implementing accounting and other controls to ensure the business is run properly and efficiently; and Realization of the business as a going concern or its assets in a manner which would maximize returns to lenders.
We conduct due diligence/business reviews to support a lender or other stakeholders' view on a company's financial position. The results of our independent reviews form the basis for appropriate decisions to be made on the future direction of the company.
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