Who do we help?

Who Do we Help?

Who Do We Help?

Who Do We Help?

We advise and represent small-to-medium sized businesses facing an insolvency challenge.

We explore all avenues to protect and recover value for the owners of the business.

We help a variety of small-to-medium businesses

We help a variety of
small-to-medium businesses

  • Businesses with up to 200 employees
  • Businesses that are established with goodwill value at stake
  • Businesses in up-and-down industries: construction, transport, professional and technical services, retail, mining
  • Businesses owned by an entrepreneur, small group, or family
Financial crisis occurs

Financial crisis occurs

  • Losing principal customer or large customer collapses
  • Owner sickness or absence
  • Tax problem
  • Big project or key contract drains the business
  • Adverse outcome in litigation
  • Crisis is compounded by accounting issues, thin working capital, management deadlock/capacity limits and/or low bargaining power in a highly competitive industry
Advisers don’t have the skills to help

Current professional advisers don’t have the skills to help

  • Generalist tax accountant
  • Commercial lawyer
  • Management consultant
  • Phoenix operators
  • But no one is put forward with up-to-date and relevant experience

Why? SMEs don’t always get the assistance they need – the sorts of advice that large corporates take for granted isn’t readily available

Who do you trust to handle this?

Who do you trust to handle this?

  • Directors may never have engaged an insolvency specialist before
  • You may have heard stories about overcharging and foul play
  • Your accountant has referred you to someone who wants to meet you at a café or pub (phoenix operator)
  • You met an insolvency practitioner who is only offering a formal appointment (voluntary administration)
  • You need a co-ordinating adviser to work with accountants, financiers, creditors and other stakeholders
What are the immediate options?

What are the immediate options?

  • Rectification of accounts and cash flow analysis may be enough
  • Pre-pack insolvency arrangement or sale
  • Safe harbour restructure
  • Formal appointment (liquidation or voluntary administration)

Read our infographics:

What is the first step?

What is the first step?

  • Call Sewell & Kettle to discuss the matter confidentially
  • Discuss different options including:
    • Safe harbour restructure
    • Pre-pack insolvency arrangement or sale
    • Formal appointment (liquidation or voluntary administration)
  • Engage the firm to handle the matter
How do you evaluate what to do next?

How do you evaluate what to do next?

  • Get the businesses financials in or der
  • Look at the structure of the business and start to develop a plan
  • Use legal professional privilege to protect the discussions and analysis
  • Explore all the options thoroughly
  • Take steps to ensure the business has sufficient working capital in the short term
  • Ensure that there is optimal asset protection for the directors/owners in any plan

Sewell & Kettle Lawyers

Professional law and consulting firm.

Contact us 1300 996 001