References

Context

After four years of exponential growth, this electrical contractor with ten branches was abruptly hit by the downturn and placed in judicial liquidation. Argos Construction provided the technical status update for all 460 ongoing matters.

Mission

Technical assistance to the court-appointed administrator with account closures

Objectives

• Organisation of on-site verification of works performed
• Reconciliation of subcontractor accounts and receivables assignments
• Follow-up of litigation

Stakes

• €87M revenue, €10,873k, 460 matters

Mission

Technical assistance to the court-appointed administrator with account closures

Objectives

• Summary status of ongoing contracts and account closures of contracts not taken over
• Reconciliation of subcontractors and direct payments
• Follow-up of insurance claims and litigation

Stakes

• €16M revenue, €25,444k, 766 main matters, 220 employees

Mission

Assistance to the court-appointed administrator — observation period

Objectives

• Review of organisation and cost structure
• End-of-project forecasts and target business plan

Stakes

• €30M revenue, 100 employees