"We had an impending cash crisis and decided that we needed help. After a search online we retained Cheswick Capital. Their experts were able to quickly establish the issues, set out solutions and ensured that we survived the initial crisis. With their help we identified the critical issues through an independent business review, this led to a new cogently structured business plan, the appointment of a new non executive turnaround director, the recovery of under claimed R&D tax credits worth over £400,000 over 2 years and crucially Cheswick also negotiated with our main creditors to avoid legal action with a time to pay plan.
We have since raised over £250,000 of new working capital via Cheswick to develop new processes for our software engineers to exploit. At all times Cheswick provide us with a clear chronological and successful strategy. They were particularly easy to work with and it suited us for Cheswick to provide guidance to restructure the group of companies to remove the IPR into a group company.
They not only provided a cost effective resolution but also "gave comfort" during a sensitive and demanding period for the directors.