Business Restructuring

We will work shoulder to shoulder with you to solve complex problems, reduce risk and create value at pace, particularly in times of pressure, stress or distress.

Despite improvements in consumer confidence, stability and growth remain off course as inflation persists and borrowing continues to increase. Proactively responding to these challenges is key. From cash flow forecasting to broadening refinancing options, a restructuring mindset can help your business identify vulnerabilities and plan for challenges ahead.

Our specialists bring market insight and technical expertise to help strengthen your business, gain a competitive edge and innovate in the face of disruption.

Six areas of focus to help your business adapt and strengthen

With higher interest rates, capital is more expensive and with an increasing number of finance providers, being able to navigate the market is increasingly important. Whether you're looking to take advantage of opportunities with new lenders or need help managing your existing financial creditors, our experts can support you through any refinancing or restructuring event.

As economic turbulence mounts, it’s more important than ever to control spending in order to maintain and improve profit margins and enhance profitability. Through a combination of transformation expertise, industry knowledge and functional capabilities, our team provides hands-on support to deliver rapid and sustainable cost reduction.

As your organisation grapples with today’s tough business environment and longer term disruption and change, being able to free up funds and concentrate on the strongest parts of your organisation can give you a powerful edge. Restructuring your business portfolio can help put you on the right track by finding new owners for parts of the business that are underperforming or no longer core. So how can you capitalise on this opportunity?

Restructuring is usually complex, time pressured and requires careful management of stakeholders. This puts significant additional responsibilities on management teams who often don't have the capacity or capability to deliver new and evolving critical, time sensitive or urgent tasks at pace alongside business as usual activities.

Many of our clients in these situations supplement their management team (or the layer below) with our specialist restructuring professionals.

Growing vulnerability to market swings and shocks heightens the need for a laser focus on liquidity. We can help you to improve the reliability of cash flow forecasting, optimise working capital and identify locked-in cash, while exploring all possible internal and external sources of finance.

When an organisation becomes aware that a subsidiary business, division, branch or brand is under-performing, we can assist in achieving an optimal recovery of value.

We help to identify the issues and evaluate the associated risks and available options. We can help to agree and implement the chosen approach (eg sell, fix and sell, or wind-down).

Our services - how our business restructuring specialists can help you

Increasingly you can be faced with a wide range of challenges not only financial, but also operational, potentially strategic, or management of complex liabilities. Given the breadth and depth of our practice, we are best-placed to address all of the challenges you are facing.

We understand how important it is to have an advisor you can rely on in times of challenge or distress and an advisor who will work with you. We really care about our clients, and the outcomes that you get. We are exactly where you need us to be, shoulder to shoulder, delivering solutions at pace to protect and create value.

Who we are

With over 600 staff in 15 regions and every major city across the UK, we are the UK's largest business restructuring practice. We take great pride in the diversity of our people’s skills, experience, backgrounds and perspectives, ranging across highly specific areas such as company insolvency, debt financing, and corporate restructuring. We explore every avenue to get you the very best outcome to suit your needs.

We are driven by a combination of the responsibility and privilege of delivering the right restructuring solution for you, coupled with the ability to make a difference. We understand the importance of treating you, your stakeholders and everyone involved with dignity, empathy and compassion in the most challenging times.

Business Restructuring leadership

Contact us

Mark Addley

Mark Addley

Restructuring and Insolvency Leader, PwC United Kingdom

Tel: +44 (0)7715 211555

Ed  Macnamara

Ed Macnamara

Partner, Head of Restructuring, PwC United Kingdom

Tel: +44 (0)7739 873104

David Kelly

David Kelly

Restructuring and Insolvency Partner, UK Head of Insolvency, PwC United Kingdom

Tel: +44 (0)7974 332659

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