Importer and Manufacturer of Rail and Service Equipment

The backstory

The company was part of a larger subsidiary group which was sold to the new Directors. With the formation of a new company, there was no credit history resulting in banks refusal to lend credit to the company.  They were not in a financial position to be able to fund the business and discussions of a voluntary administration were had. We were appointed to assist with the merger acquisition. However, turnaround work was required first to stabilise the company. With as little as $10k in the bank and $3M in Creditors plus more in loans, $300k in Debtors with no sales pipeline – Directors were ready to call it a day.


The challenge


Our Solution




sales contribution


R&D Grant


Net profits

Ready for profit shifting results ?

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