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My experience with Domenic Calabretta and the team at Mackay Goodwin was exceptional. They came out to see me the very next day, assessed my business and explained my options. During the administration they were always contactable and transparent.

- Anthony Berg

What is Restructure and Turnaround?

Business is tough. It is ever-changing. There are times when the business is at it’s peak, only to face a crucial challenge next. This is where restructure and turnaround act as solutions to financial pressures and distress. Restructure and turnaround allow you the opportunity to save the business, strategise and back to profitability.

As insolvency experts we have the outside advantage, to review the company’s affairs from an outside perspective. Providing clear communication, clear plan and effective outcome for all parties involved.

Insolvency experts Australia

Access More Options

The earlier you engage with us, the more options you have for recovery. Early intervention allows for a broader range of debt restructuring strategies that can prevent the need for more drastic measures like liquidation. Acting swiftly enables us to implement innovative and effective solutions personalised to your business’s needs. This proactive approach can significantly reduce the complexity and duration of the financial restructuring process, ensuring a smoother transition.

Reduce Financial Loss

By acting quickly, you can minimise losses and protect your business assets. Early finance restructuring efforts can also prevent the accrual of additional debts and help maintain your business’s credit rating. Quick action lets us immediately address any cash flow issues and negotiate with creditors before balances spiral out of control. This approach can preserve your company’s financial health and prevent the negative impacts of debt accumulation on your business operations and future funding opportunities.

Strategic Advantage

Timely corporate debt restructuring gives you a strategic advantage. Our experts provide insights that address immediate challenges and position your business to capitalise on future opportunities. With our strategic guidance, you can anticipate market changes and adapt your business model to stay competitive. This forward-looking approach helps you survive in your industry and thrive, turning potential crises into opportunities for growth.

Key experts in small business restructure process

Corporate Debt Restructuring & Turnaround

Staying afloat amid financial difficulties is paramount. This is where Mackay Goodwin steps in as your expert in insolvency, turnarounds and liquidation. Our corporate debt restructuring provides a lifeline for businesses in distress with debt, creditor pressures, or ATO notices. We offer tailored solutions, addressing the root causes of your financial struggles and ensuring sustainable success and stability.

Regain control over your financial direction, restore profitability and enhance operational efficiency today. Don't let financial pressures dictate your company’s future – let us help you take the first step towards a stronger financial position today.

How Our Corporate Debt Restructuring Supports Your Business

Tailored Financial Strategies

Every business is unique, which is why we offer customised small business debt restructuring plans designed to meet your specific needs. Whether you’re a company looking to get your business back on track with a small business restructure or a large corporation needing company restructure services, our strategies are tailored to your unique circumstances.

We dedicate time to thoroughly understanding your financial landscape, allowing us to implement effective and sustainable solutions. Take action today with a free consultation, discuss your tailored restructuring plan with our experts, and encourage financial recovery. 

Insolvency experts Australia

Expert Negotiation with Creditors

Our seasoned negotiators work diligently to secure favourable terms with creditors, ensuring that your debt reconstruction efforts lead to manageable payment terms and improved financial standing. We help preserve your business’s liquidity and creditworthiness by reducing your debt burden.

Comprehensive Corporate Advisory

Beyond debt restructuring, we offer comprehensive corporate advisory services. From improving operational efficiency to optimising management structures, our expert advice covers all aspects of your business, ensuring every decision supports your financial goals. This holistic approach stabilises your current situation and positions your company for success.

Finance Restructuring for Sustainable Success

Don’t let financial distress define your business’s future. Get in touch with Mackay Goodwin today to explore your finance restructuring options. Our team is ready to provide the support you need to overcome your financial challenges and steer your company back to stability. Act now – the sooner you start, the better your outcomes.

Speak to our experts and take the first step towards securing your business’s future. Let us help you turn your financial challenges into opportunities for growth and stability.

The first step is the hardest. The next steps?

They may include:

Why Choose Mackay Goodwin for Debt Restructuring?

Accessing vital support during critical times for corporate debt restructuring is crucial for a successful financial turnaround. Mackay Goodwin has a proven track record of helping businesses navigate financial turmoil with confidence and clarity.

Corporate Debt Restructuring & Turnaround

Action-Oriented Solutions

Dedicated to delivering action-oriented solutions, we understand that time is of the essence. Our finance restructuring strategies are designed to tackle immediate financial issues and swiftly implement changes that lead to rapid improvements in your company’s financial health.

Our team assesses your financial situation, identifies critical pressure points, and devises a plan to restore economic stability. We focus on executing well-defined steps that lead to quick wins for your business, reducing debt burden, and enhancing cash flow management. These decisive actions aim to stabilise your operations and provide a solid foundation for future growth and resilience.

Exceptional Experience & Expertise

At Mackay Goodwin, our extensive experience in corporate debt restructuring sets us apart. Our national team is composed of ASIC-registered liquidators, CA and CPA-qualified accountants, and industry-leading professionals. We use our in-depth knowledge to craft reactive and proactive strategies – turning financial distress into opportunities to recover, optimise and reset.

By engaging our services, you benefit from expert advice tailored to navigate even the most challenging financial landscapes effectively. Our team works tirelessly to ensure that your debt restructuring process is handled with strategic precision, making every decision count towards your recovery and profitability.

Comprehensive Solutions

Our solutions prepare your business for the future. Ranging from corporate debt restructuring to voluntary administration, whatever your situation, we’re equipped to handle it with the utmost professionalism and efficiency – turning the complex into seamless. We ensure each solution reflects the unique aspects of your business, focusing on creating a resilient structure that withstands economic fluctuations. With Mackay Goodwin, you gain access to comprehensive support that extends beyond immediate financial relief to strategic, long-term planning.

Immediate Impact and Long-Term Success

Our approach is crafted to provide immediate relief from financial pressures while laying the groundwork for long-term economic health. Restructuring your finances, we help improve cash flow, renegotiate debt terms, and align your business strategy with current market conditions. This dual focus ensures that you see quick improvements and enjoy sustainable profitability. 


With proactive corporate debt restructuring measures that address current financial challenges, we also set your company up for future success – fostering an environment where your business can grow and evolve. We empower you to take control of your financial outcomes, giving you the tools and strategies to navigate forward confidently.

We've helped businesses just like yours.

Reducing debt levels by 85%, back to profitability

An electronic security company in Brisbane with clients ranging from small boutiques to international mega-corporations within Australia was experiencing difficulty with their cash flow, so Mackay Goodwin stepped in to help. An 85% reduction in debt got the company through a major trading and cash flow problem.

Turnaround legal expenses into a positive

When an Adelaide building development corporation found itself in a lengthy and protracted legal dispute over a costly project, it found itself unable to trade out the heavy losses it had incurred as a result of the deal. Thanks to a DOCA, restructuring and dispute resolution managed by Mackay Goodwin, the corporation continues to trade today.

A 75% reduction in debt levels saw Melbourne-based company thrive again

When a Melbourne-based earthmoving firm managed to contact Mackay Goodwin over their financial difficulties, they had built up a $280,000 backlog with the Australian Taxation Office (ATO). Thanks to the advice and actionable solutions of our experts, the firm saw A 75% reduction in tax debt, and it got this earthmoving corporation moving again.

Frequently Asked Questions (FAQs)

A company can undergo a restructure at any given time. There are key moments in the business life cycle that highlight the need to consider a restructure, they include:

  • Change in management/ownership
  • Stagnant growth
  • Economic downturn
  • Poor efficiency
  • Experiencing insolvency
  • Have undergone a merger & acquisition
  • Want to increase profitability

If your business is experiencing any of the above indicators, it’s best to get in contact with our expert team to maximise return and minimise the businesses risk.

During a restructure, the director/s maintain control of the company’s affairs. The restructuring practitioner has a duty to act as the company’s agent.

Business turnaround refers to when the business hits a pivot from negative to positive. It puts the business on the path back to profitability. The turnaround process involves a strategic plan, review and execution usually triggered by a serious financial challenge.

When your business is experiencing financial distress, it can be confusing knowing which path is the right one to take in alleviating your financial worries. There is common confusion between liquidation and administration amongst business owners.

Entering liquidation is for when the business needs to close it’s doors and wind up company’s affairs. The process involves selling assets to repay creditors following a de-registration. Whereas, administration is when the business is experiencing challenges yet still deemed viable. An experienced insolvency practitioner is able to determine which path is the best for the business and their goals.

Meet the people in your team, in your corner.

At Mackay Goodwin, we have a nationwide team ready to assist you. Our team of qualified professionals, including ASIC registered liquidators are experts at finding solutions for people facing financial difficulties. Located across all major Australian cities, we’re ready to help you in any situation.

Edwin Narayan

Director & ASIC Registered Liquidator

Sydney

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Abby Xu

Analyst

Sydney

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Edwin Narayan

Director & ASIC Registered Liquidator

Sydney

Read More

Abby Xu

Analyst

Sydney

Read More

Edwin Narayan

Director & ASIC Registered Liquidator

Sydney

Read More

Get in touch

Speak to one of our experts now for a free consultation.
Enter your details below or call 1300 750 599.

x

Get in touch

Speak to one of our experts now for a free consultation.
Enter your details below or call 1300 750 599.