We were introduced to this client by their bankers who felt that we could help. A Norfolk company that specialised in refrigeration engineering, air conditioning & heat reclaim technology in the retail and commercial sectors.
We were looking at substantial losses over a two year period and we had to act quickly as CVA was a real possibility. Some parts of the business responsible for the losses were closed down and with the help of extra cash introduced by the directors the company has been nursed back to a small profit.
A continuous involvement by our consultant has stemmed the flow and whilst cash flow difficulties remain, there is hope for the future of the business and our consultant has been retained to continue the improvement.