Listed UK bar and restaurant operator
Two month project with £130m turnover group with bar/restaurant operations in England and Scotland. At the start of the project, the group was facing a cash crisis within weeks
Roles:
- CRO
- Cash management
- Landlord negotiations
Key achievements:
- Restructuring completed
- Need for new money avoided, pre restructuring
- Total funding requirement reduced
Current status: Restructuring complete; group trading profitably in difficult sector