Business Rescue Case Study. Small plant services company rescued by a Company Voluntary Arrangement (CVA)
Following an initial conversation with KSA, our Regional Manager for Scotland and Northern Ireland, Derek Robinson, met with the company director at their plant near Glasgow to discuss, in detail, the problems the company was facing.
The company had a turnover of £150k, which was rising slightly on previous years.
The company was encountering financial difficulties because the director being the only employee of the company was responsible for all operational activities as well as administration of the company’s financial and corporate affairs.
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