Case Studies

Risk & Restructuring

Thirteen weeks of liquidity, and a business worth saving.

A contractor entered a covenant breach with thirteen weeks of visible liquidity and four loss-making contracts absorbing the cash generated by the rest of the book.

Service
Risk & Restructuring
Sector
Construction
Engagement
11 months

The Problem

What stood in the way.

  • No reliable short-term cash forecast existed at contract level.
  • Four contracts were consuming the margin produced by thirty.
  • Lender confidence had eroded through successive missed forecasts.

Our Approach

How we worked.

  1. 01

    Stood up a contract-level thirteen-week cash forecast within ten days.

  2. 02

    Triaged the contract book and negotiated exits or variations on the loss-makers.

  3. 03

    Ran a single transparent lender process with one set of numbers.

Outcomes

What the work produced.

13 → 40 wks
liquidity runway
4
loss contracts resolved
100%
of lenders acceded

The business stabilised without insolvency proceedings, refinanced on amended terms and returned to positive operating cash within three quarters.