We were introduced to the ias team via a friend who had experienced problems in the past - ias was, using his words their Knight in Shining Armour.
When you start getting County Court Judgments you hear from many turnaround organisations - financial whizz-kids - Insolvency Practitioners etc - it is a minefield as to whom you should trust. Do you follow your accountants or lawyers advice bearing in mind that they probably got you into this position in the first place or at the very least could have offered advice to prevent it! Is it that they get a back-hander or is it a route to cover their own inadequacies, or am I just paranoid?
Before meeting Michael and his team I had already met an Insolvency Practitioner who was more concerned with his fees rather than helping me, the only thing I got from him for free was a cheesy grin. Michael was a breath of fresh air - he was the only one that listened and asked what did I want - he was also the only one that would meet with me and discuss and plan a basic route forward (4 meetings later) and not charge - a genuine professional. That is why he is known as the Professionals - Professional.
What Michael and his team did in 5 very long months was the following:
- Create a veil of protection around all personal assets of mine and my co-directors families
- Placed company into Administration
- Re-move £4 million of debt
- Re-finance 4 times bringing in £1.6 million
- Remove every item, person, object that was no longer needed or viable
- Re- package the company
After the above…
- Go for a new round of finance
- Raised a further £2 million in equity
- Completely re-launched all brands and the company
Only a few months ago I was bankrupt now I and my colleagues have a new future, cash in the bank, supported by equity partners, have more funds available when desired. We only have one thing to add… Thank you, Michael.
If you have any doubt about what this team of professionals can achieve then come and see for yourself its bloody mind blowing.
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