Mandate:
Development and implementation of a cash improvement programme, building design industry

Client:
A company involved in planning and constructing technically complex buildings, owner-managed, with € 35 million in turnover.

Measures:

  • Developed daily cash forecasts

  • Created short-term liquidity by bringing forward customer payments of invoices

  • Increased the very conservatively set volume of invoices

  • Agreed supplier credits

  • Shortened customers’ payment terms and extended those of suppliers

  • Concluded external financing through a bank consortium

  • Raised the project managers’ awareness of liquidity

  • Achieved a sustainable improvement in earnings

Success:

  • The measures described above removed the threat of insolvency.
  • Available funds increased from € 0 to an average of € 2 million.

Contact:

Maik Rothe

Mühlenbergweg 9
40629 Düsseldorf
Deutschland

+49 (0) 173 521 6772
maik.rothe@via-momentum.com