Ritson Smith fully supports the "rescue culture" approach, a concept which is widely endorsed by all responsible lenders and business recovery professionals. The essence of this approach is the early identification of problems, at a stage when they can be solved quietly and with less trauma.
Our specialist Corporate Recovery team, headed up by partner Ewen Alexander, is trained to seek out innovative and practical solutions for under-performing businesses.
Exploring viable alternatives to formal insolvency - possibly through restructuring or refinancing - is fundamental to our approach. By the active involvement of capable and experienced personnel we aim to identify solutions to the underlying issues facing a business.
We believe such situations merit the hands-on involvement of Ewen Alexander in any evaluation of the issues - both financial and operational - that are having a negative impact on the performance of the business, culminating in a strategic plan designed to best address the challenges the business is facing.
Our services for lenders to troubled businesses include:
Ritson Smith’s busy audit and accounts department performs a wide range of services for clients in virtually every business sector, ranging in size from sole traders to large limited companies with international connections.
At Ritson Smith we try to make the audit process as painless as possible. Our staff are experienced in dealing with a wide variety of clients and systems and will tailor the testing to minimise the disruption to your working day.
Ritson Smith's tax specialists not only help you avoid tax penalties, but also draw up detailed plans to ensure you can gain the maximum legitimate benefits from all current sources of tax relief.
Our highly experienced team of corporate finance professionals works not only with client companies and personal investors but also with banks, venture capitalists, financial institutions, management teams and non-client businesses.
Whatever the challenges, Ritson Smith's highly experienced specialist Business Recovery team, headed up by partner Ewen Alexander, is trained to seek out innovative and practical solutions for under-performing businesses.
Our litigation support team, led by Niall Farquharson an accredited expert witness, has worked with the legal profession to provide expert opinions across a wide range of issues.
We can provide a partial or full outsourcing service which is tailored to your needs and can provide you with reliable, up to date management information on which effective business decisions can be made.
RS Payroll is a BACS registered bureau service for the outsourcing of your payroll processing