IMPORTANT NEWS REGARDING THE INTEGRATION OF SYSTECH SOLICITORS

Systech Solicitors is an independent legal practice, fully approved and regulated by the Solicitors Regulation Authority ('the SRA'). Systech International and Systech Solicitors enjoy a close working relationship and the Legal Services Act 2007 has introduced an opportunity to bring our practices even closer. In light of this, the Systech International and Systech Solicitors websites have been integrated to reflect this business relationship. Please note that only services provided by Systech Solicitors are regulated by the SRA. To inform you of which areas of the website relate to the solicitors' practice and services provided by it ('a Regulated Area') and which areas do not ('a Non-Regulated Area'), a window blind will appear. This window blind will appear automatically when you move from a Non Regulated Area of the site to a Regulated Area or vice versa.

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BUSINESS TURNAROUND - RESTORATION OF PROFIT

Business Turnaround - Restoration of Profit

A £70M turnover contractor had grown rapidly but without appropriate financial controls and commercial management capability. Liquidity was poor and gearing was 80%.

Systech worked with the company, its bank and auditors to develop and implement a strategic business plan. Company wide commercial systems were established, project specific strategies put in place and staff training programmes delivered.

The company is now operating successfully with profitability restored, liquidity increased and zero gearing.

Value: Undisclosed
Region:Europe
Country:England
Sector:Construction
Contract:Various
Business Turnaround � Restoration of Profit