KR8 Advisory Ltd KR8 Advisory Ltd

government advisory

Like trading businesses, state governments and local authorities face numerous structural, financial, organisational and operational challenges.

Pressure on budgets, constant striving for efficiencies and the ever-changing political landscape mean government departments need to be more agile and leaner than ever. Furthermore, the need to balance financial risk, regulatory requirements, legal implications and wider social and political objectives is often critical.

In addition to internal organisations, government and local authorities also hold investments in external entities, often with complex competing stakeholder networks, heightened financial risks and elevated levels of media and public scrutiny.

Governments must strive for optimal performance and returns on taxpayer investment, whilst also balancing the risks of failure, ethical and legal considerations and reputational risk.

The need to understand alternative options and to contingency plan is paramount. Where change is required, this must be planned with vigour and implemented with precision. This is where our Government Advisory team can assist.

With deep expertise, we can help governments and local authorities navigate challenging situations, ensuring a thorough analysis of options and stakeholder engagement, as well as providing execution support.

The range of work we can undertake includes but is not limited to:

Options Analysis

We help stakeholders understand the strategic options available to them to resolve immediate issues and protect value.

Financial Forecast Reviews / Investment Appraisal

We assess trading and cashflow forecasts to evaluate both short- and long-term financial prospects for investments, as well as undertaking detailed investment assessments to determine returns on investment, payback periods and specific risks.

Operational

We work with businesses to streamline operations, improve efficiency and maximise productivity, thereby supporting long-term growth.

Cash Flow Monitoring

We work with management to monitor the business’s financial position, ensuring stakeholders are confident the company can meet its obligations.

Stakeholder Management

In distressed situations, we support management by handling stakeholder demands, ensuring transparency and gaining the necessary buy-in for the business strategy.

Strategy Reviews

By analysing macroeconomic trends and industry conditions, we help evaluate the potential success of business strategies.

Why engage KR8?

With extensive experience across our Government Advisory team and our team’s range of experience from different backgrounds, we bring innovative thinking to help governments navigate complex challenges. Our hands-on, pragmatic approach, combined with creative problem-solving and ‘can do’ attitude, allows us to deliver optimal solutions. 

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How KR8’s Government Advisory team can help you

We have deep experience of working with a range of government organisations in problematic situations that require key investment decisions, or strategies to improve performance.

We work closely with a range of stakeholders including public bodies, state departments, the Civil Service, local councils, management teams, regulators, lenders, investors and interest groups. Our team — comprised of accountants, qualified restructuring operators, industry executives and former financial services professionals — has the experience and expertise to make a difference. 

oUR eXPERTS

David Fleming

Managing Director

David Fleming

Managing Director

07920 006 007

David has over 20 years of advisory experience, specialising in turnaround and restructuring assignments for key stakeholders such as lenders, private equity investors, management teams, directors and creditors.   

Before joining KR8, David spent 15 years at Kroll, initially running the Advisory division and latterly as UK Head, managing over 180 professionals nationally. He also served on the Global Restructuring leadership team.  

David primarily focuses on turnaround and solvent solutions for businesses, focusing on business reviews, pre-lend reviews, strategic options analysis, financial modelling, debt advisory and special situations M&A.   

Jimmy Saunders

Managing Director

Jimmy Saunders

Managing Director

07920 859 063

Jimmy has over 20 years of experience in turnaround advisory and formal corporate restructuring.

His responsibilities include advising lenders, directors and other stakeholders on turnaround options, including IBRs, cashflow support, refinancing and fundraising through to AMA and M&A transactions.

He has advised creditors on Restructuring Plans, led cross-border assignments, advised AIM listed businesses and has overseen the investigation of various contentious matters.
Jimmy is also engaged to provide contingency planning and to take insolvency appointments where required in his capacity as a licensed insolvency practitioner.

Mike Parsons

Associate Managing Director

Mike Parsons

Associate Managing Director

07989 343 372

Mike Parsons has 20 years of experience advising UK corporates in all aspects of business turnaround and restructuring, as well as capital advisor services to lenders for both existing clients and new prospects. 

Mike has worked for a wide range of lenders including asset-based lenders, banks, secondary lenders and private equity funders, as well as directly for corporates and their stakeholders. In 2012, he completed a secondment to Royal Bank of Scotland’s restructuring team where he gained valuable experience managing distressed lending portfolios. 

Mike was chairman of the North West Regional Board of the Turnaround Management Association (TMA) between 2017 and 2021, and was also a finalist in the 2017 TMA Young Turnaround Professional of the Year awards.  Mike is also an accredited member of the Institute for Turnaround (IFT).  Mike has a degree in history from the University of Manchester and is a fellow of the Institute for Chartered Accountants in England and Wales (FCA). 

Contact us

If you think we can help you, reach out to a member of our Government Advisory team below for an initial conversation to explore how we can support your business.

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