Your reputation as a Nominated Adviser (Nomad) is critical to the successful launch on AIM of the companies you sponsor. The respect you have earned in the market continues to provide support and credibility to the company as it develops. In return, your reputation is enhanced by having a portfolio of successful clients.
But what if things don’t turn out as planned? Changes in the market, new technologies, loss of key management, poor forecasting or a combination of these and other factors can lead to under-performance against expectations. A quick and confident response is needed to avoid the situation deteriorating.
As a Nomad you are not responsible for managing the company, but you do want your clients to succeed; ensuring the directors receive the right advice quickly when there is a problem is important.
Vantis Restructuring Services is a leading adviser to companies in difficulty. Typically taking the role of Chief Restructuring Officer, we provide the specific skills needed to strengthen management during a crisis, with a hands-on approach to identifying issues, providing solutions and implementation. We work as a small, cost-effective team of turnaround specialists, based in London but with experience throughout Europe and the US.
We are able to offer immediate independent advice to the directors, ideally before any public announcement is made, quickly putting into place short term actions to stabilise the situation and to start assessing the options for a turnaround. Acting quickly and providing clear and consistent information gives reassurance to stakeholders, especially lenders, suppliers and trade credit insurers, at the earliest possible stage, greatly reducing the risk of a panic reaction which could cause the company’s position to worsen further. This gives a sound base for generating the trust and cooperation needed for a longer term restructuring to succeed.
For more information, please see Frequently Asked Questions.
If you would like to discuss further how Vantis Restructuring Services can help your clients in difficult situations, please contact Adrian Doble (+44 7767 205 680), Derrick Woolf (+44 7728 467 004) or Andrew Cranmer (+44 7920 501 908).