We help management teams, shareholders and debtors in distressed or underperforming situations, be it cash-monitoring, forecasting and optimisation, or rebalancing the balance sheet.
Accuracy is amongst the top 25 firms worldwide in the Global Restructuring Review (GRR) – Advisory Firms 2025.
INDEPENDENT BUSINESS REVIEW
When a company is underperforming and needs to renegotiate its debt or restore confidence with financial partners—such as in the case of a covenant breach—Accuracy offers comprehensive Independent Business Review (IBR) services.
Our approach centers on two key objectives: assessing short- and mid-term cash requirements and identifying actionable levers, such as operational improvements, asset disposals, or debt restructuring, to ensure the company’s long-term sustainability.
Our IBR services include:
- Historical Performance Review: Evaluating the company’s past performance and the key drivers of its business model.
- Cash Position Analysis: Assessing the current cash situation, including available liquidity and any restricted or trapped cash.
- Short-Term Cash Needs Assessment: Identifying immediate cash requirements and potential mitigating actions.
- Critical Business Plan Review: Providing an objective evaluation of the business plan prepared by management.
- Sensitivity Analysis: Analysing exposure to key internal and external factors that may impact performance.
- Mid-Term Financing Assessment: Determining mid-term financing needs and identifying potential remedies.
To ensure successful outcomes, we actively support discussions with key stakeholders—including shareholders, financial institutions, legal advisors, and receivers/administrators?—facilitating alignment and collaboration throughout the process.
CASH FORECASTS MODELLING AND MONITORING
In a distressed environment, managing realistic and reliable cash forecasts is critical. This clarity helps set the timeline for a turnaround strategy, assess potential options, and determine the financial stakes for clients.
At Accuracy, we bring significant expertise in business plan and cash-flow modeling and monitoring. By combining our financial expertise with advanced technological capabilities, we deliver a tailored approach that includes:
- Inflow and Outflow Modeling: Detailed tracking of cash movements.
- Balance Sheet Projections: Accurate forecasting to support decision-making.
- Working Capital Rationalisation (WCR): Streamlining processes on a monthly or even weekly basis when necessary.
Our work enables clients to simulate multiple scenarios, providing insights into various turnaround options and supporting informed strategic choices.
LEGAL PROCEEDINGS & RESTRUCTURING PLANS
When a company’s financial situation requires protection through the Commercial Court, Accuracy provides comprehensive support during amicable or collective legal proceedings, such as safeguard or insolvency measures.
Leveraging our expertise in the legal and financial implications of these processes, we assist by:
- Identifying Suitable Proceedings: Recommending the most appropriate legal framework and preparing the necessary financial documentation for the court.
- Managing Accounting Issues: Addressing accounting challenges that arise after initiating proceedings.
- Financial Reporting: Preparing monthly profit and loss (P&L) and cash-flow reports for the receiver.
- Restructuring Plan Development: Creating detailed cash-flow forecasts, supporting documentation, and analysing debt repayment scenarios, including a 10-year plan and shorter alternatives.
- Stakeholder Engagement: Leading discussions with private and public creditors and presenting the restructuring plan to the court.
Our expertise ensures a structured and effective approach to navigating complex legal restructuring processes.
VALUATION OF DISTRESSED COMPANIES
In judicial proceedings involving a cross-class cramdown mechanism, our valuation experts provide independent assessments of the company’s value, supporting the best-interest-of-creditors test.
DISTRESSED M&A
When a distressed company or business requires partial or total disposal as part of an out-of-court agreement or court-imposed settlement, Accuracy provides end-to-end support in organising and managing the process. Our services include:
- Scenario Simulation: Modeling different divestment scenarios and assessing their financial impacts for the seller.
- Identifying Potential Partners: Pinpointing suitable business partners or acquirers.
- Preparation of Selling Materials: Creating teasers, information memorandums, and management presentations.
- Process Management: Coordinating with potential acquirers, managing the data room, facilitating Q&A sessions, and handling daily discussions.
- Negotiation Support: Actively participating in negotiations with potential buyers.
- Trust Implementation and Monitoring: Assisting with the establishment and oversight of an asset or financial trust to secure funds in cases of disposals at a negative price.
Our expertise ensures a smooth, structured process, helping maximise value and mitigate risks during complex disposals.
ACQUISITION OF DISTRESSED COMPANIES
Accuracy assists acquirers of distressed businesses by providing financial due diligence and advising on the most advantageous acquisition strategies.
Our services include:
- Performance and Financial Analysis: Evaluating the target’s past performance and current financial situation.
- Business Plan Preparation: Developing business plans that incorporate restructuring measures and assess potential synergies with the acquirer’s activities.
- Acquisition Scenario Analysis: Advising on acquisition approaches, such as share vs. asset deals, and determining the optimal acquisition scope based on the context (out-of-court or court-imposed).
- Risk and Opportunity Assessment: Identifying acquisition risks, opportunities, and financial requirements to ensure project viability.
- Negotiation Support: Providing insights and support during discussions with the target, receiver, court, creditors, and other stakeholders.
With our expertise, we help clients navigate the complexities of acquiring distressed businesses, ensuring informed decisions and successful outcomes.
RESTRUCTURING LITIGATION
Restructuring processes often give rise to disputes involving the management of the distressed entity, its shareholders, and its creditors. These disputes may include allegations of fraud or misconduct, liability reimbursement claims, or challenges to insolvency filings.
Accuracy’s multidisciplinary team—comprising restructuring financial experts and valuation specialists—offers support during both amicable and contentious phases. We can also serve as independent court-appointed experts to:
- Analyze the causes of asset insufficiency.
- Assess the responsibilities of various parties in the company’s failure.
- Quantify damages incurred by creditors.
Our holistic approach ensures that our clients can effectively defend their interests. By providing a clear, objective analysis of the facts and their financial implications, we support parties, tribunals, and deciding experts in resolving complex restructuring disputes.