Situation

A long‑standing creative‑sector training provider approached Charles & Co amid increasing financial pressure. Years of growth had introduced higher operating costs, seasonal income fluctuations and a legacy of accumulated debt. These issues placed the business under sustained cash‑flow strain, limiting the owner’s ability to focus on delivering quality programs and maintaining their market position.

Our Approach

In line with Charles & Co’s hands‑on and practical methodology for navigating distressed scenarios, our team worked closely with the owner to develop and execute a comprehensive restructure plan.

Financial Assessment & SBR Eligibility

We commenced with a thorough financial diagnostic to confirm suitability for the Small Business Restructuring framework. This included detailed analysis of liabilities, cash‑flow pressures and operational capability.

Development of a Practical Restructure Plan

Working side‑by‑side with the owner, we built a sustainable proposal that balanced creditor expectations with the business’s realistic capacity to repay. Our modelling ensured the plan was achievable and aligned with the business’s operational rhythm.

Creditor Communication & Proposal Management

Charles & Co coordinated all communication with creditors, providing clear, transparent information to support plan endorsement. Our structured engagement ensured stakeholders understood the value of preserving the business and supporting its recovery.

Outcome

The Small Business Restructure delivered a stabilised and sustainable pathway forward:

• All eligible debts were successfully restructured under an approved plan, delivering immediate financial relief.
• Creditors supported the proposal, recognising the value in maintaining the business and agreeing to an achievable repayment structure.
• The leadership team regained strategic focus, returning their attention to delivering high‑quality programs and long‑term growth initiatives.

Impact

This engagement highlights Charles & Co’s commitment to guiding small businesses through financial distress with empathy, practicality and deep restructuring expertise—preserving enterprise value and setting clients on a clear path to sustainable success.

How can Charles & Co. help you?

With over 50 years of combined experience, our team is well-equipped to assist businesses facing various challenging and distressed situations. We encourage anyone experiencing financial or operational distress to contact us to discuss your options.