Michael Thomas

Director

Michael has spent the last eight years working with distressed companies and their stakeholders. Michael has worked with both domestic and international companies in a variety of sectors, including automotive, manufacturing and retail.

Major Experiences

Michael qualified as a Chartered Accountant in 2002 and has spent the past eight years working on a wide variety of restructuring assignments, including advising multi­-national companies and their stakeholders. Michael also spent nine months on secondment at a leading European bank working within the specialised lending department.

Major Recent Projects

  • Providing cash management support to Almatis, a leading global manufacture of alumina, on behalf of the Management Board as part of its $1 billion debt restructuring.
  • Working with the Board of Iceland’s leading telecoms business to develop three year business plans and a strategy for refinancing its bank debt.
  • Working with the Board of a large high street retailer to implement cash flow management systems, develop three year strategic business plans, manage key stakeholders and advise on available options.
  • Advised an Eastern European manufacturing company through a restructuring process, including communication with key stakeholders, the preparation of a three year business plan, detailed cash and operations management and options analysis.
  • Advising the Private Placement Noteholders of Wagon plc, a quoted European automotive component supplier, in relation to their lending strategy and options.
  • Operational and financial review of a £1.1 billion turnover mobile handset distributor and wholesaler.
  • Working with the Chief Restructuring Officer on the business plan and cash management of a renewable fuels start up business.