Insights and reports

THE INSTITUTE FOR TURNAROUND FINANCIAL ROADMAP FOR SMES

Written by Riyah Davies on March 10, 2021

This roadmap shows the critical points ahead for SMEs, so businesses can seek early intervention in the form of help from an accredited turnaround professional. This roadmap has been updated to reflect the announcements made by the Chancellor in the 2021 UK Budget on 3 March 2021, which extended several coronavirus support measures and outlined plans for the UK’s post-pandemic recovery.

Details are still emerging, and information is correct as of 10 March 2021 but subject to change at short notice given further government announcements.

This roadmap was created in association with Playfair Partnerships Ltd. Please contact John Playfair or Simon Playfair of Playfair Partnerships Ltd if you require further assistance.

John Playfair: 07970 619986
Simon Playfair: 07968 198550

You can download the infographic in PDF format HERE

 

Turnaround, the economy and people

https://www.the-ift.com/wp-content/uploads/2024/05/The-IFT-jobs-saved.svg

56K Jobs

Members of The IFT saved an estimated 56,000 jobs in 2023-24.

https://www.the-ift.com/wp-content/uploads/2024/05/The-IFT-shares-up.svg

£3.1 Billion

IFT members helped add £3.1 billion in shareholder value in 2023-24.

https://www.the-ift.com/wp-content/uploads/2024/12/Business-icon-updated.png

80% busier/as busy

Over 80% of IFT members reported being busier or as busy 2023-24 compared to the previous year.

https://www.the-ift.com/wp-content/uploads/2024/05/The-IFT-help.svg

62%

Over 60% of stressed companies don’t know they are in trouble until it is too late.

Similar Articles

The IFT Quarterly Update Q1 2025:  mixed picture amid uncertainty and multiple pressures on businesses

The IFT Quarterly Update Q1 2025: mixed picture amid uncertainty and multiple pressures on businesses

The IFT’s latest quarterly snapshot for Q1 2025 showed a mixed picture for turnaround and restructuring activity in the quarter: ...

Going for growth:  what can the turnaround sector tell us about challenges to UK growth?

Going for growth: what can the turnaround sector tell us about challenges to UK growth?

As we move through 2025, the mantra of the UK government continues to be focused on growth, growth, growth. In...

Swift – Spring Edition 2025

Swift – Spring Edition 2025

Our Spring 2025 edition of Swift can be found here.  You can read updates from The IFT and insights from...

Recent cross-border uses of Part 26A Restructuring Plans

Recent cross-border uses of Part 26A Restructuring Plans

Since the Corporate Insolvency and Governance Act 2020 entered into force, case law relating to its Part 26A provision has...