When Xenon approached Branta, things were looking really tough for them. Despite operating in a strong sector, the company had suffered a sustained period of underperformance and trading losses were rapidly consuming cash. When we first met, we estimated that Xenon would only have 3-4 months of trading left before becoming insolvent. After setting to work, Branta was able to find £3.8m of new cash to give the company more breathing space to execute its turnaround plan. If you're a SME company director or business owner who's concerned about the future of your business, you might find these facts resonate with you.
Cash-threatened company ensures its long-term survival [infographic]
- May 25, 2021
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