Financial Restructuring
We work to ease your company's cash flow pressures to secure its future and your peace of mind.
Many companies operate with tight cash flow. This is due in particular to:
- •An overrun or unplanned extension of the investment budget.
- •Increased stock-holding requirements and excessively long sales cycles.
- •Long payment terms granted to customers or significant receivables remaining unpaid.
- •An overall decline in activity resulting in recurring operating losses.
- •Poor cash management or misappropriation of assets.
The ultimate goal of any business leader is to save their company through a restructuring operation. However, when overwhelmed by day-to-day problems, they have no time to step back and identify the strategic priorities to adopt and the steps to follow.
This is where we step in to help you:
- •Establish a precise diagnosis highlighting the real origin of your financial difficulties.
- •Draw up the overall restructuring plan (diversification of activities, focus on a profitable segment, disposal of non-productive assets, reorganisation of human resources, etc.).
- •Prepare detailed forecast income statements and cash flow statements.
- •Identify and seek sources of financing (capital increase, new partners, debt restructuring, etc.).
- •Conduct strategic negotiations with all your funders.
Financial restructuring in Tunisia: your questions
What are the warning signs of a company in difficulty?
Recurring cash flow tensions, late payments to suppliers, the CNSS or the tax authorities, a permanent bank overdraft, successive losses and declining equity. The earlier the diagnosis, the more turnaround options are available.
What solutions exist to save a company in Tunisia?
Amicable negotiation with banks and creditors (rescheduling, debt consolidation), an operational restructuring plan, disposal of non-strategic assets, new capital and, if necessary, the procedures provided by Law No. 2016-36 on collective proceedings (amicable settlement, judicial reorganisation).
How long does a restructuring engagement last?
The diagnosis is usually completed within a few weeks; implementing the plan and negotiating with funders then takes several months. We stay by your side until the company is back on an even keel.
Let's discuss your needs
Our chartered accountants welcome you in Tunis (Centre Urbain Nord, El Manar) and Grombalia (Cap Bon), or work with you remotely anywhere in Tunisia and abroad.
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