◆ SECTOR
Insolvency and recovery
advice for manufacturers
Assess working capital, production commitments and creditor pressure when the manufacturing business is under strain.
Follow cash through the production cycle
Materials, labour and energy are often paid before finished goods generate receipts. Review work in progress, committed purchase orders, customer concentration and delivery schedules. The cost to finish and collect an order matters as much as its invoice value.
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◆ PRESSURE POINTS
Key considerations for manufacturers
Check assets and finance agreements
Identify which machinery is owned, financed, leased or subject to security. Include tooling and customer-owned materials in the review. Do not sell or move equipment without confirming ownership and taking advice about the company’s position.
Test the recovery plan against capacity
A production forecast should use achievable throughput, current input costs and realistic payment dates. Explore creditor negotiations or formal restructuring where the business can support them. If production cannot be funded, advice should also cover employees, unfinished orders and an orderly closure.
◆ RELEVANT SUPPORT
Relevant support for
manufacturers
These are the routes most relevant to this situation. Each page explains the process in detail.
Company Rescue & Restructuring
If the business has a viable future, explore ways to stabilise cash flow, address arrears and keep trading.
HMRC Time to Pay
A realistic instalment proposal may help a business address overdue tax while meeting its ongoing commitments.
◆ NEXT STEPS
What happens if you get in touch
01
Understand your position
Discuss your financial position, current pressures and any urgent deadlines.
02
Review your options
Review the practical routes and the information needed to assess them.
03
Agree the next steps
Decide how to proceed with a clear understanding of the implications.
— CONFIDENTIAL BUSINESS ADVICE
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your business options?
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