Case Study: Litigation advice, business restructuring and financial compliance
Whichever industry you are in, we make it our business to understand yours. Here are just a few examples of how we’ve helped our clients.
Print and be damned – how we rescued a printing company that broke the law
A family-owned printing company with a wide range of clients from local businesses to leading brand names underwent voluntary liquidation.
Unfortunately for them, when they resumed trading under a new company structure they kept their old trading identity. That meant, according to the Department of Trade and Industry, that they had broken the law.
An apparently lost cause
The company could have paid the costs of a solicitor but instead they turned to us for help. After sourcing expert legal advice we recommended that their case was indefensible and they shouldn’t waste time and money in court.
The company went into liquidation again.
However, with Morgan Berkeley on their side all was not lost.
A quick solution was essential
Because the company still had its premises, its equipment and its customers, we felt the business could be saved if we acted quickly.
First we negotiated the fine and damages with the authorities. Then we established a new trading identity that turned the old company into a new business fast enough to retain existing loyal customers.
We oversaw the management accounts and payroll and, because of our insights and experience of the printing industry, we were able to identify and avoid areas where costs were too high.
A solid future, even after liquidation
Now the company has returned to profitability. It’s also more stable and allows for effective succession planning too. We support the directors on an ongoing basis, working alongside them to provide strategic and financial advice as well as business consultancy.
Another flattering testimonial
“Morgan Berkeley have helped us enormously over the years,” explains their managing director.
“They’ve saved us significant time and resources and their monthly review of management accounts has proven invaluable.”