A company doctor is a seasoned businessperson or accountant with extensive commercial experience, specializing in analyzing and rectifying issues within struggling companies. They offer both advisory and executive solutions to turn around the business.
The approach adopted by London banks to handle customers facing a cash-flow crisis involves collective decision-making, equitable sharing of information, and extended support.
Private equity firms are investment firms that acquire controlling stakes in companies, typically using leverage, to restructure and eventually sell them for profit.
Voluntary reorganization by the stockholders themselves of a corporation facing financial difficulties; the voluntary restructuring of a corporation's debt and capital structure.
A reduction of capital refers to the process whereby a company decreases its share capital, typically to return excess capital to shareholders or to write off losses. This action is governed by the Companies Act 2006 and requires specific resolutions and conditions to be fulfilled.
