Saving Jobs

PROBLEM:

Following expansion in the wrong areas, an established joinery business in the Midlands had to call in Insolvency specialists.

SOLUTION:

  • Essendon facilitated a management buyout and offered a working capital facility of £500,000 to turn things around.
  • Continued investment and the implementation of robust processes as well as providing support and coaching for staff and Directors has renewed morale and restored confidence.

OUTCOME:

Seven months later and the business is thriving with a full order book during what has traditionally been their quietest time of year.

< Back to Case Studies