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Strategic Diagnostic Reviews, Business Viability & Pre-lending Reviews
| We are often engaged by secured lenders or other key stakeholders to undertake a review of a company to determine its ongoing viability.
Detailed reports prepared by our Investigative Accountants typically cover the following areas: - Background of the company’s operations
- Critical assessment of management’s business plan
- Detailed review of historic trading results, balance sheet and cash flows
- Critical review of management forecasts and likelihood of forecasts being achieved (including a sensitivity analysis)
- Review of key management personnel
- Assessment of accounting policies, financial systems and controls
- Assessment of appropriate debt structure and bank security issues
- Key recommendations to the company on strategic direction and methods to improve cash generation and profitability
- Key recommendations to the lender on business viability and methods to mitigate risk
Once the lender (or key stakeholder) has decided on the appropriate course of action we can then assist the lender &/or the company with the development, implementation and monitoring of a corporate turnaround solution.
| Turnaround Consulting Services
| KordaMentha is often engaged to provide strategic and financial analysis of underperforming companies. Our engagement may take the form of a business viability review where we report directly to the board or it may cover particular areas such as: - Cash flow and working capital management
- Business plan development
- Review of strategic direction
- Review of other corporate finance alternatives such as acquisitions or disposals
- Review of appropriate debt structure
- Negotiating with lenders and shareholders etc. on behalf of management
- Development, implementation and monitoring of a corporate turnaround solution
If steps are taken early to address the causes of underperformance, appropriate measures can be taken towards developing a coordinated and achievable recovery solution. KordaMentha has a proven track record in critically reviewing companies and their management teams, then devising and assisting with the implementation of corporate turnaround solutions.
| Distressed Debt Consulting
| | Our excellent reputation in the corporate recovery industry often sees KordaMentha engaged by unsecured lenders or bond holders, to advise on the appropriate course of action to maximise their return. Our engagements may range from providing advice on an ad-hoc basis, through to strategic viability reviews on their investment and the development of an appropriate risk minimisation strategy. | |
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