When companies find themselves in deep water too often they drown; this does not have to be the case.
A cash flow problem can spiral out of control; affecting production, turnover and goodwill. A business can often have problems with reduced income and constrained cash flow, leading to potential insolvency.
If your business is facing challenges like these, talk to us.
The Baker Tilly South East Europe team provides recovery and insolvency services to help businesses confront and overcome issues they may be experiencing. We assess and advise on the extent of the problem, and determine what’s needed to recover.
Company in Difficulty?
Where possible, we can provide a plan to rescue a company in difficulty.
We first seek constructive solutions, assuming that liquidation is not inevitable. Our corporate recovery experts and other specialists examine all options including Examinership, Cyprus formal vehicle for corporate recovery. In doing so, we provide a professional, cost-effective service that offers practical business recommendations and solutions, in clear, concise reports.
Where it is not possible to overcome a company’s difficulties, we offer clear advice and recommendations on winding down. We can also advise creditors on recovering their debts in this scenario.