Recovery and reorganisation

Grant Thornton is committed to helping companies grow and achieve their objectives; but we equally recognize that for some the future may look bleak. We provide counsel and information to help companies through this troubled time.

Our approach in this situation is always constructive with the emphasis firmly on rescue rather than salvage.

Whatever your information requirements, we appreciate the need for a speedy response. We will take an overview and propose a recovery plan where there is a chance of a return to profitability.

Given adequate time, and the right advice at the earliest opportunity, a troubled company has a chance of steering itself back on course under our guidance to the greater benefit of all concerned.
If insolvency proceedings are inevitable we can provide in-depth experience and have extensive experience of all official roles - from trustee acting in an individual bankruptcy, to a receiver seeking to recover a company's assets to repay a charge holder and other creditors.

We will ensure the best outcome for all concerned. This will mean realizing assets and, where possible, selling a business on a pragmatic but sensitive approach to insolvency that can also save jobs.

We will act as both a bridge and a communicator to best represent creditors' interests at this time.