Services
Turnaround
Not every distressed business needs an insolvency appointment. In many cases, with early, honest assessment and decisive action, a business can be stabilised and returned to health.
We support turnarounds through:
Small Business Restructure (SBR)
Key Features
Small Business Restructuring (SBR) is a formal yet streamlined restructuring process designed for eligible small companies experiencing financial distress. It enables businesses to deal with unsustainable debt while continuing to trade, providing an alternative to more disruptive insolvency appointments. Under the SBR framework, directors remain in control of day‑to‑day operations, while unsecured debts may be compromised through a structured restructuring plan.
How We Help
We assess whether the business meets the eligibility requirements for SBR and determine whether it is the most appropriate solution in the circumstances. Our team prepares financial models and develops a compliant restructuring plan, working closely with directors to ensure it is commercially realistic. We manage negotiations and communications with creditors and key stakeholders, guiding directors through each stage of the process from commencement through to implementation and completion.
Turnaround Consulting
Key Features
Turnaround consulting is focused on stabilising underperforming businesses and restoring financial and operational performance before issues escalate. The service provides an independent and objective review of the business, with a strong emphasis on cash flow, margins, cost control, and operational efficiency. Recommendations are commercially grounded and practical, with a clear focus on execution, accountability, and measurable outcomes rather than theoretical analysis.
How We Help
We conduct an independent review of financial performance and cash flow to identify the key drivers of underperformance. Our work includes analysing pricing, margins, and cost structures, as well as identifying operational inefficiencies and improvement opportunities. We develop practical turnaround and stakeholder management strategies and deliver a clear, prioritised action plan with realistic timeframes, measurable milestones, and defined accountability.
Liquidity & Working Capital Management
Key Features
Liquidity and working capital management focuses on ensuring a business has sufficient cash to meet short‑term obligations while supporting ongoing operations. Even profitable businesses can fail without adequate liquidity, making disciplined cash management critical. This service improves visibility over short‑ and medium‑term cash requirements and strengthens control over debtor, creditor, and inventory cycles. The objective is to reduce pressure from financiers and stakeholders by embedding practical, sustainable cash management disciplines.
How We Help
We build short‑term and rolling cash flow forecasts to provide clear visibility over funding requirements and timing pressures. Our team works with management to optimise debtor collections, creditor terms, and inventory levels, while helping prioritise payments and manage competing cash demands. Where required, we negotiate payment timing with key creditors and stakeholders and implement simple, repeatable processes that support ongoing cash discipline.
Crisis Management
Key Features
Crisis management services are designed for situations where significant organisational disruption threatens business stability and continuity. This commonly includes the unexpected exit of senior management or key executives, resulting in leadership gaps, unclear decision‑making, and pressure on operations and stakeholders. These situations require rapid assessment and decisive action to restore control. The focus is on stabilising the organisation, maintaining operational continuity, and protecting critical assets and relationships during periods of heightened uncertainty.
How We Help
We quickly assess the impact of the disruption and identify immediate stabilisation priorities. Where senior management has exited, we can step into interim leadership roles to provide continuity, establish clear decision‑making authority, and support management, staff, and stakeholders through the transition. This may include interim executive, financial, or operational leadership. We assist with stakeholder communications, protect key business relationships, and help map out clear next steps and longer‑term options once stability is restored.
We turn things around.
Rapsey Griffiths are specialists in business turnaround, crisis management and complex debt. We cut through the uncertainty and deliver clear, practical solutions to help you move forward with confidence.