Reckoning due for businesses reliant on capital injections

Simon Cathro, founder and managing partner of restructuring and insolvency specialist Cathro & Partners, says his general view on advice tech providers is they are often too heavily reliant on capital injections because they’re not cashflow positive.

Simon Cathro, founder and managing partner of restructuring and insolvency specialist Cathro & Partners, says his general view on advice tech providers is they are often too heavily reliant on capital injections because they’re not cashflow positive.

“What we’re seeing at the moment – and it’s not just that industry specifically but genuinely any business or industry that’s heavily reliant on capital injections – the investor appetite is they’re expecting a quicker turnaround into profitability,” Cathro tells Professional Planner.

Download to read more

Recent Articles

Provisional liquidation is a mechanism available to creditors or members of a company in Australia which is derived from section 472(2) of the Corporations Act 2001 (Cth) (the Act). An application to appoint a provisional liquidator can be filed any time after the filing of a winding up application and

Introduction to Insolvency and PIAs Welcome to Cathro & Partners’ guide on Personal Insolvency Agreements. Before we delve into PIAs, let’s understand some key concepts. Insolvency occurs when an individual or business can’t meet their debt obligations. This guide will clarify terms like ‘debtor’, ‘creditor’, ‘insolvency practitioner’, and ‘bankruptcy’ to

Bankruptcy is a legal status that can be imposed on an individual who is unable to repay their debts. It is a process that provides relief to insolvent debtors by allowing them to seek protection from their creditors and potentially have their debts discharged. There are two ways in which