◆ MANUFACTURING
Insolvency and recovery advice for manufacturers
Assess working capital, production commitments and creditor pressure when the manufacturing business is under strain.
◆ UNDERSTANDING YOUR POSITION
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.
Bring the order book, work in progress, stock records and equipment finance. Separate confirmed orders from enquiries and identify the costs still needed to finish each major job.
◆ PRESSURE POINTS
Where pressure
needs a closer look
Bring these issues into the first financial review. The right starting point depends on the structure and the full position.
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.
◆ PRACTICAL SUPPORT
Options to explore,
not a predetermined answer.
Bring the order book, work in progress, stock records and equipment finance. Separate confirmed orders from enquiries and identify the costs still needed to finish each major job.
View all services →HMRC Time to Pay
Test whether production and working-capital changes could support sustainable trading.
HMRC Tax Arrears
Assess tax repayments against the cash required to complete confirmed orders.
Company Rescue & Restructuring
Reconcile tax arrears alongside supplier and equipment-finance commitments.
Winding-Up Petition Advice
Bring any company petition papers and highlight production deadlines affecting the review.
◆ YOUR FIRST CONVERSATION
A starting point for manufacturers
List confirmed orders and what remains to be spent on them.
Show stock, debtor receipts and the timing of supplier payments.
Identify how changes would affect customers, staff and financed equipment.
◆ FURTHER READING
Useful starting points
Tax arrears: a starting point for manufacturers ↗Repayment planning for manufacturers ↗Further guidance for manufacturers ↗Bring the order book, work in progress, stock records and equipment finance. Separate confirmed orders from enquiries and identify the costs still needed to finish each major job.
◆ CONFIDENTIAL BUSINESS ADVICE
Get a clearer view of production and cash.
Describe the orders, costs and creditor pressure affecting the factory. We can help identify the figures needed for a useful assessment.
✓ Confidential first conversation
✓ Free and without obligation
✓ By telephone or video
◆ FREQUENTLY ASKED QUESTIONS
Questions, answered plainly.
How should we present unfinished orders?
Show the agreed sales value, deposits received and remaining labour, materials and delivery costs. Flag orders that require extra funding or customer approval before completion.
What stock information should we prepare?
Separate raw materials, work in progress, finished goods and slow-moving stock. Identify customer-owned materials and supplier ownership claims where these are recorded.
Should machinery finance be included even if payments are current?
Yes. Include ongoing repayments and details of the equipment needed for production. The forecast should show current commitments as well as arrears.