Turnaround Solutions

15/03/2026

An insolvency is a daunting prospect especially if a phoenix business is the likely outcome. The management skills to enter and exit a process are not ones most managers posses as this is an uncommon event. Having been involved in pre and post insolvency planning on over 200 occasions we have some depth of knowledge we would be keen to share. Support is available.

19/10/2023

Wales Sees 15% Rise in Distressed Businesses as Warning of More Challenging Times Ahead - Wales has seen the biggest increase in distressed companies of any part of the UK, according to new research by The Institute for Turnaround (IFT).

26/04/2023

Corporate Insolvencies Rise 37.7% in March - The surge in corporate insolvencies, reaching their peak in over three years, can be attributed to the escalating occurrence of Creditors' Voluntary Liquidations, which have also hit a three-year record.

02/02/2023

This weeks headlines
-Bank of England interest rates increased to 4%
-Company insolvencies at its highest since 2009
-Paperchase enters administration
-Profit warnings issued by UK-listed companies increased by 50% in 2022
-Flybe enters administration for a second time
All of these the day after "walkout wednesday", we really do have some choppy waters ahead.

13/01/2023

More than half Germany's companies are struggling to fill vacancies due to a lack of skilled workers, the German Chambers of Commerce and Industry (DIHK) said on Thursday, in the latest sign of growth headwinds belabouring Europe's largest economy

04/01/2023

Manufacturing output declines rapidly in December
The UK’s manufacturing sector recorded its fifth consecutive month of contraction in December and the lowest output in more than two years. The S&P/CIPS purchasing manager’s index fell to 45.3 from 46.5 in November, below the 50 mark that indicates growth. Manufacturers cited a slowdown in export demand, high energy costs, and Brexit-related trade disruption. December’s survey data showed declines in all five sub-indexes including output, new orders, jobs, and stock levels, making it one of the worst months for factories since 2009. “Output contracted at one of the quickest rates during the past 14 years, as new order inflows weakened and supply chain issues continued to bite

01/09/2022

Economic Intelligence Wales has published its annual report for the 2021/22 financial year, with a challenging immediate future predicted for businesses operating in Wales.

Economic Intelligence Wales is a dedicated research collaboration between the Development Bank of Wales, Cardiff Business School and the Office for National Statistics which provides insight and analysis on the Welsh economy.

The report – the fourth annual report published by Economic Intelligence Wales – analyses the impact of a difficult year for the Welsh economy as small and medium-sized enterprises (SMEs) dealt with inflation, stretched supply chains, labour shortages and increased energy costs.

25/08/2022

Britain’s Labor Shortage Is Helping Drive Its Inflation Problem
This inability to find people to hire has spread across the British economy, in virtually all industries, and the solution chosen by many employers — higher pay — is embedding inflationary pressures deeper into an economy where prices are soaring, the New York Times reported

29/04/2022

The number of people going financially insolvent across England and Wales jumped to the highest level in more than three years in the first quarter of this year, the Independent reported.
Need to talk through personal options - call 01824707944

23/12/2021

14/12/2021

Record Numbers of Manufacturers Raising Prices as Inflation Accelerates
Record numbers of manufacturers are raising prices in the face of strong inflationary pressures which show little if any, sign of abating according to a survey published by Make UK and business advisory firm BDO.

11/10/2021

Business people need support themselves, someone to help think through issues, bounce ideas off and think through problems in a safe environment. Business Coaching is part of the solution. Call 01824 707944 or email [email protected] for a confidential conversation let.