SWINDON RECRUITMENT COMPANY OVERCOME THEIR PROFITABILITY DIFFICULTIES

Overview –

SFP Corporate Solutions conducted a Quick Company Check on behalf of a lender who had some concerns regarding the financial position of the company and its viability.
 

The Role of SFP Corporate Solutions –

A meeting was held with the Directors who had identified the company’s difficulties and were in the process of implementing certain measures to ensure a return to profitability. A review was undertaken of the cashflow forecasts, while also testing the assumptions made. SFP Corporate Solutions recommended that the company’s financial position be closely monitored. A review of the company’s results on a quarterly basis to ensure that targets were met and there were no major variances was also subsequently undertaken.
 

Outcome –

The company eventually surmounted its difficulties and after 15 months, SFP Corporate Solutions services were no longer required and the client remained with the lender.