For a commercial enterprise, or any other type of organisation, surviving financial difficulty is a careful step-by-step process best negotiated with the help of specialist accountants and recovery experts.
Even where it looks as if all is lost, there's still a need for care and attention to preserve as much value as possible, to minimise trauma and mitigate against negative impact on stakeholders.
Baker Tilly's experienced professionals administer such situations with practised understanding and technical skill.
Our expertise, experience and diplomacy are all key to helping organisations negotiate sensitive and difficult situations, advising on action that will prevent further problems.
We deal with all manner of turnaround situations and we've seen plenty of companies on the brink of dire circumstances which are now bigger and healthier than ever before.
A situation can change dramatically given the determination to take the necessary measures. To that determination we add the experience and expertise to identify precisely what those measures should be.
Baker Tilly's Restructuring and Recovery team provides expertise in the field of restructuring, recovery and insolvency services in the UK with specialists located across the UK.