The transport company was suffering from an acute cash shortage it could not rebound from. There were multiple external reasons for it. They ranged from customers extending payment or paying poor rates, to highly increased fuel prices and a significantly diminished amount of produce to transport due to a severe drought.
The director suffered from extreme stress and was unable to see a pathway forward. Yet, they were not prepared to appoint a liquidator immediately. Climb Business educated the director about the process. The team developed and implemented a structured close down plan, then introduced the director to the liquidator.