Case Studies

Please find a selection of case studies below. For more information please contact us.

Please click on the case studies below to view them in more detail.

Asset based lending
• Asset Based Lender
  Compulsory Liquidation - Better recovery for lender and retained control for guarantor
Automotive
• Automotive Component Supplier
  Restructure and impact on pension scheme
• Hilite Automotive Group
  Restructuring of French portion of international automotive component supplier. Comprehensive budget, integrated pricing and costing plans created and legal disputes negotiated.
• NABI
  US owned bus manufacturer with plants in the US, Hungary and the UK. Key improvements were made to the company's analysis of its overheads and profitability, as well as debt restructuring and asset utilisation. Entire business was then sold.
• P1 International Limited and P1 (North) Limited
  Company offering shared ownership of super cars was put into administration before the business and assets were sold to new company.
• Regional Bus Operator
  Restructure of public transport provider
Care
• Aadams Limited/Llysfield Nursing Home
  Nursing home administration. Business sold as a going concern with no disruption of care to the residents.
• Day Nursery
  SME refinance
• Fassaroe House care home
  Care home administration following financial difficulties of operating company.
Charity and Not for Profit
• Charity
  Refinance in the not for profit sector
• Nationwide charity
  FRP Advisory helped advise charity with pension scheme through a insolvency process to effect a sale and help protext asset values.
• The Work Foundation
  UK charity entered liquidation before being sold to new owners.
Construction
• Construction Group
  Construction group with liquidity and bank relationship issues. Restructuring team created business plan and negotiated additional working capital with the bank.
• Maintenance Business
  First Financial arranged asset finance for expanding maintenance business, which was struggling to fulfil new contracts.
• National Plant Hire Business
  Flexible apportionment as part of a corporate restructure
• Tarmacadam
  FRP Capital arranged extra borowing for a landscaping, driveways and property maintenance business, so it could take advantage of a massive increase in business.
Education
• Lammas School
  School administration. School was sold to a joint venture made up of parents and a business angel.
Hospitality and leisure
• Bar Vasa
  Restaurant/bar with property leasehold flats receivership.
• High end worth tour operator
  
• Staincliffe Hotel
  Hotel entered administration before being sold to local businessman.
• The Tower Arms
  Public house entered administration.
Logistics
• Anglo Overseas Limited
  Company administration. Immediate cost-cutting measures implemented and future opportunities accessed.
• M&J Transport Limited
  First Financial helped arrange a confidential invoice discounting facility which enabled the company to repay its overdraft and improve the flexibility of its day-to-day cashflow.
Manufacturing
• Aerospace manufacturer
  Company cash management position reviewed and fully refinanced with more favourable terms.
• Devon Cider Company
  Drinks manufacturer administration. Business, property and assets sold to brewing company.
• Family owned personal care products group
  Restructured debt and equity of UK based international group with US bank.
• Milacron Inc
  US based industrial machinery and solution provider filed chapter 11. European cash management, information and bank relationships improved to allow company to restructure its debt and emerge from chapter 11.
• Pemco International
  Manufacturer of Porcelain and Glass Enamels, Frits and Conductive Coatings restructured with the introduction of robust cash management measures.
• Plastic Engineering (Leamington) Ltd
  Precision injection moulding manufacturing company entered administration before being sold to new owners.
• R&W Cushway & Co Limited
  Supplier of automotive components entered administration before being sold to new owners.
• Rogar Products Limited
  Manufacturer and supplier of corrugated packaging cases and Point of Sale displays entered into administration before being sold to competitor.
• Specialist Jewellery Manufacturer
  Company had failed their audit and were being investigated by HMRC. FRP Transition introduced a senior Transition Finance Director (FD) who helped complete a successful audit and resolve all HMRC issues with no further penalty.
• Staircase Manufacturer
  Company protected by a notice of intention to appoint an administrator. Assets sold to a company in a similar industry who also reemployed a number of the former employees.
• Texon International
  Footwear materials, components and technologies supplier and manufacturer facing cashflow problems had their business stabilised through restructured cash management.
Pensions
• Automotive Component Supplier
  Restructure and impact on pension scheme
• National Plant Hire Business
  Flexible apportionment as part of a corporate restructure
• Nationwide air conditioning supplier
  FRP Advisory's pensions team devised a restructuring proposal for the pensions scheme trustees which helped save the viable parts of the business.
• Nationwide charity
  FRP Advisory helped advise charity with pension scheme through a insolvency process to effect a sale and help protext asset values.
• Quoted plc
  Corporate employer, experiencing financial difficulties, refinanced and changed lending priority. FRP Advisory pensions team advised pension scheme trustees.
• Regional Bus Operator
  Restructure of public transport provider
Printing
• Niche Print Manufacturer
  Family printing firm was in need of modernisation. FRP Transition helped with the appointment an interim CEO who instigated major change programmes and established a new business strategy going forward.
Professional services
• Aston Rothbury Factors Ltd
  Company administration. Client portfolio was sold to financial services company.
• Branton Bridge Solicitors
  Specialist personal injury solicitor administration. Business and assets disposed to another solicitor.
• Conveyancing Practice
  An independent business review was conducted following which, this solicitors' practice was restructured with the set-up of a formal Partnership Voluntary Arrangement with a wide range of creditors.
• Electrum Holdings Ltd
  Air-conditioning and electrical contractor administration.
• Independent Business Review of Solicitors’ Practice
  A full review of the business was undertaken which led to new banking arrangements and the restructuring of the practice as a Limited Liability Partnership (LLP).
• Law Practice
  
Property
• Perfectus Limited and Perfectus (UK) Limited
  This security services business was successfully traded in administration, while a buyer was sought in short order.
• Principal director of property-development company
  Arranged settlement for a Property developer with bank and avoided costly litigation and personal bankruptcy.
Recruitment
• Recruitment Business
  Jobs saved and significant return to creditors
Retail
• Baker & Spice Ltd
  Boutique-style food retailer administration. Business and certain assets sold as a going concern.
• Cheviot Foods/Northumberland Food Ltd
  Private label potato speciality manufacturer administration. Management-funded buy-out arranged.
• Morrison McConnell
  Full restructuring of fashion retailer to deliver improved performance, significant cash wins and consequential shareholder value.
Sports
• Chairman of an English Championship Football Club
  Personal review of individuals assets. Bank settlement reached and expensive litigation avoided.
Technology and Telecoms
• Calyx Group
  Company administration. Group traded as going concern before being sold.