Trading IBRs

RSM Farrell Grant Sparks undertakes Independent Business Reviews (IBRs) of trading companies at the request of lending institutions or on behalf of the company directors and shareholders.

Our IBRs give an objective and unbiased, in-depth assessment of the state of the business, identifying weaknesses and risks, providing assurance and making recommendations. The ultimate aim is to ensure business continuity in difficult trading conditions, when a trading company is underperforming, in distress or in crisis.

Multi-disciplinary approach

Our multi-disciplinary team of financial advisers and insolvency experts have the skills to cover all dimensions as part of the review process. This results in a realistic and commercial business and restructuring plan.

We ensure a quick turnaround of the IBR, in order to give:

• A consolidated picture of the total debt exposure to all funders
• An assessment of short and medium-term cashflow implications
• An integrated financial model for projections based on key business drivers and assumptions
• A viable and realistic strategy for development and investment portfolios
• An assessment of the strength and capability of management

With an IBR from RSM Farrell Grant Sparks you get a detailed report setting out the findings, recommendations and courses of action. This in turn helps financial institutions and stakeholders to gain clarity on the company’s current position and future possible options.

An IBR is an essential part of the process of restructuring a company’s debts or of determining whether the company should go into a formal insolvency process. Once the IBR is completed, our advisers can then assist in the implementation phase, such as:

• Liaising between the bank and the board of management or other stakeholders
• Project managing industry specialists to assist with restructuring
• Implementing best practice corporate governance procedures
• Recommending formal insolvency options if appropriate

Contact our Partners Sonya Tighe or Ian Duffy for more information about our IBR services.

Related services

Read more about our related services in:

• Restructuring & Insolvency – Property
• Turnaround & Restructuring
• Insolvency 
• Corporate Finance
• Insolvency

Find out more about our work in the property sector.