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Tuesday, 28 October 2008

Scottish Company Rescue Culture - is there one?

After my post in July (see link here Rescue companies in Scotland??) we have kept building our activity in Scotland.

We are currently working on 5 new company voluntary arrangement (CVA) clients in Scotland having had 3 deals approved already this year. Two others didn't make the distance to the CVA meeting unfortunately, with the credit crunch to blame for both falling down and being liquidated some weeks later.

This is a sad statistic for those involved, but KSA has reached and been appointed to assist 10 Scottish companies in 2008.

Not fantastic but with the almost complete lack of interest in company rescue culture in Scotland we seem to be punching above our weight.

As before if you are a Scottish company with problems, or an accountant or advisor to a Scottish company get in touch with KSA CompanyRescue.

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