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Turnaround Successes

The most appropriate way to present our capabilities is to give a summary of a couple of our clients' performances after our involvement:

  • A manufacturer (80 employees) was suffering severe cash flow problems 2 years after a management buyout, and did not know why.  A very fast, intensive review over 2-3 weeks resulted in a recovery plan which was supported by the company's bank.  The company returned to profitability within a year.  It was later sold to a management buyout for >£1 million.
  • An engineering company (60 employees) was losing money and family management was unclear about the causes.  Our business review identified shortcomings of the company including an awkward family management relationship issue.  A change process over two years enabled the company to become profitable; and subsequently we have helped it to grow into a very substantial worldwide business.
  • A business support services company (30 employees) had been losing money and haemorrhaging cash.  After our review and implementation of a recovery plan, the business achieved annual profit in excess of £1 million and was sold for £8.5 million.

 

Our successes have been achieved by a combination of:

• Our skills and experience
• Hard work by both management and our consultants
• A willingness by clients' senior management to adopt new ideas, through having confidence in Craig Corporate's people