A family run business owns and lets timber construction lodges for holiday lets. There were several challenges in terms of family issues ownership, tax, inheritance and land matters. During the previous 3 or 4 years the company had also developed a high level of debt and was in danger of going out of control.
We helped them resolve issues with profitability, ownership, land and tax. We also helped develop a new business model and restructure debt. It is now trading profitably with a good relationship with funders.
In addition, a family “partnership” now run the business and has the benefit of good financial control to help them make decisions.