With any distressed situation, stabilisation is critical; be it cash management, detailed fiscal review, stakeholder relationships, or creditor/supplier/customer communication. The teams at Stedman Denny specifically focus immediate attention on stabilising businesses as much as possible as soon as possible.

 

This can involve:

 

• Immediate fiscal analysis of cash position
• Assistance with the development of detailed short-mid term cashflow projections
• Development of internal crisis management team
• Implementation of other cash management initiatives (e.g. reducing trade credit, chasing receivables, leveraging free assets)
• Asset Disposal strategies