What does this entail?
Business rescue and turnaround strategies are advisory-led solutions designed to support companies experiencing financial, operational or strategic distress. The objective is to stabilise the business, address underlying issues and restore viability without the need for formal insolvency proceedings. This may involve short-term cash flow management, restructuring of liabilities, operational changes, stakeholder negotiations or strategic repositioning of the business.
Turnaround strategies are typically flexible and tailored, allowing directors to retain control of the company while working with experienced advisers to implement corrective measures and improve performance.
Get in Touch
Chris Iacovides
Chief Executive Officer
Andri Antoniou
Director - Licensed Insolvency Practitioner
Marios Kofteros
Director - Licensed Insolvency Practitioner
When is it appropriate?
This service is appropriate where a business is facing financial pressure but remains fundamentally viable. Common indicators include declining profitability, cash flow constraints, mounting creditor pressure, covenant breaches or operational inefficiencies. Early engagement is critical, as timely intervention significantly increases the likelihood of recovery and reduces the risk of formal insolvency.
How we can help
CRI Consulting works closely with directors and stakeholders to assess the causes of distress, develop realistic recovery plans and implement practical turnaround solutions tailored to each business.
Next steps
Contact our team for an initial, confidential discussion to explore recovery options with no obligation.
Key Benefits
A structured and proactive approach to recovery
- Early identification of financial and operational challenges
- Preservation of business value and continuity
- Reduced risk of formal insolvency proceedings
- Improved stakeholder confidence
Experienced, Trusted Advisers
Our services are delivered by experienced, qualified professionals who follow a structured and transparent process, from initial assessment through to implementation. We combine technical expertise with a practical approach to ensure each engagement is managed professionally and focused on achieving appropriate outcomes for all stakeholders.