Our team works with accountants, solicitors, lenders and others whose clients need turnaround, restructuring or insolvency advice.

We recognise that your knowledge of your client, perhaps accumulated over many years, surpasses anything that we can gain in a much shorter time. Our aim is to work with you, ensuring that your client remains your client for the future. We want to develop a long-term relationship with you, one that is beneficial to us both.

Business turnaround and insolvency are specialised areas. Ensuring the optimum outcome means that you need to understand all the available options. The sooner we’re involved, the greater the chance of saving the business.

We start by ensuring that we understand the underlying reasons for the difficulties and seek to address them. We’ll work with you and your client to manage the cash and working capital, and to deal with the needs of key stakeholders such as bankers and major creditors.

Then we work with you and your client to identify and address the causes of under-performance and develop a strategy to bring about improvement.

If necessary we can use formal insolvency procedures such as administration or a company voluntary arrangement to provide protection from creditors and negotiate legally-binding compromises.

Even where the financial problems are insuperable and turnaround is not viable, we’ll find the most suitable solution which provides the best outcome for all concerned, maximising the outcome for creditors and minimising the exposure of guarantors.

We start by ensuring that we understand the underlying reasons for the difficulties and seek to address them.

The tri group approach

Calling on the services of a firm like ours inevitably means that there are serious problems to address, usually urgently. In summary:

We are committed to helping businesses with financial pressures to overcome those problems; we regard winding up as the last resort.

We’ll explain the process using clear, jargon-free language, and set out the issues that the client will need to address. We’ll support the client throughout the process.

An initial meeting will always be without charge or obligation. We do not charge clients for the privilege of explaining their problems to us.

Professionalism, Integrity and Compassion matter to us. We will always be driven by the need to provide the best possible advice, not to maximise our fees. We are interested in building long-term relationships with professional advisers.

When formal insolvency is unavoidable, we will help select the most appropriate procedure for the particular circumstances so as to achieve the most beneficial outcome for creditors, guarantors and other stakeholders.

We’ll spend time listening carefully and making sure that we fully understand the problems before we analyse the options.