Rail Signal Engineering Firm
Moorfields were appointed as Administrators over a rail signal engineering firm employing 100 staff and generating an annual turnover of £6 million.
The company faced operational and financial pressures requiring immediate intervention to stabilise the business, protect value, and provide clarity to employees, customers, and creditors.
Objectives
- Review short-term cash flow to ensure the company could continue operating under Administration
- Develop and implement contingency plans to mitigate financial and operational risks
- Monitor ongoing trading and performance to preserve value
- Protect the interests of employees, creditors, and stakeholders
- Provide a structured Administration framework for potential outcomes, including sale, restructuring, or orderly wind-down
Moorfields’ Actions
- Conducted a short-term cash flow review to assess liquidity and working capital requirements
- Developed contingency planning strategies to manage operational risks and maintain service levels
- Implemented ongoing monitoring and reporting of financial and operational performance
- Liaised with employees, customers, and creditors to provide reassurance and clear communication during the Administration period
- Maintained compliance with statutory, regulatory, and health and safety obligations throughout the process
Results
- Cash flow and operational stability were maintained during the Administration period
- Contingency plans were successfully implemented to mitigate risks and preserve value
- Employees, creditors, and customers were managed professionally, with minimal disruption
- The Administrators established a controlled framework to support potential sale, restructuring, or wind-down outcomes
