HOW WE ASSISTED AN ADMINISTRATOR TO TRADE A COMPANY UNTIL IT RETURNED TO PROFIT AND COMPANY SOLD WITH DEBT REPAID IN FULL
Overview:
- Group of eight bars and hotels.
- Brewery owed £4m.
- Brewery appointed administrators.
- Administrators appointed us.
- We implemented full management service.
Result:
- We traded the estate for two years.
- Brewery retained barrelage.
- Head office closed and savings realised.
- Assets retained and protected.
- Delivered trading profit.
- Group sold and brewery recouped loan.