Cashflow issues turned round for haulage supplier

Our Approach

• Prepared quarterly board reports and met with the Board to review KPI’s and future plans 
• Prepared annual financial projections – profit and loss account, balance sheet and cash flow and correspond with the bank on client’s behalf 
• Reviewed current cashflow issues, projections and banking covenants regularly and challenged management where appropriate 
• Carried out tax planning advice for both the business and for the management team as individuals 
• Prepared presentations and held discussions with the bank for refinance arrangements

The Outcome 

• Project managed refinancing and projections projects from start to finish on behalf of client to ensure the management team remained focused on day to day operations 
• Proactive tax advice was given to the client after reviewing the business costs and analysing different finance options 
• Peace of mind for client was achieved as AAB provided commercial advice given our experience in dealing with transactions with banks on other projects 
• Regular contact from AAB to ensure projects are kept moving forward 
• Improved efficiencies internally in finance and admin function 
• Successfully refinanced banking arrangements