Across the sector whether that be automotive, engineering, or general product manufacturing, businesses have suffered from a wide range of challenges over recent years.
Challenges include:
- Shortages of skilled labour
- Supply chain issues – either through lead times on key supplies or price increases
- Increased energy costs – both fuel and production costs affected the transport of goods
- Raw material costs hike
- Reductions in turnover due to covid and cash pressures arising from the requirement to pay back what has been borrowed
- Pressure from geo-political issues both domestic and worldwide
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Limited Registered in England Registered office: 1 Stepgates, Chertsey, Surrey, KT16 8HY.
Belmont Insolvency Services is a trading style of Reach Commercial Finance Limited. Belmont Insolvency Services is a broker not a lender and is independent with access to the whole of market. We may receive commissions that will vary depending on the lender, product or other permissible factors. The nature of any commission model will be confirmed to you before you proceed.
Belmont Insolvency Services Limited is a limited company, registered in England and Wales. Registered office: 16-20 Broadacre House, Lowther Street, Carlisle, CA3 8DA. Belmont Insolvency Services Limited is registered with the Solicitors Regulation Authority.
Belmont Insolvency Services is a trading style of Reach Commercial Finance Limited. Belmont Insolvency Services is a broker not a lender and is independent with access to the whole of market. We may receive commissions that will vary depending on the lender, product or other permissible factors. The nature of any commission model will be confirmed to you before you proceed.
Belmont Insolvency Services Limited is a limited company, registered in England and Wales. Registered office: 16-20 Broadacre House, Lowther Street, Carlisle, CA3 8DA. Belmont Insolvency Services Limited is registered with the Solicitors Regulation Authority.