Neville Side

Neville Side

Partner

Business Restructuring

Real Estate & Construction | Technology, Media & Telecoms

Executive summary

I lead the corporate Business Restructuring team in the Southern region and our primary area of focus is providing advisory services to businesses in financial distress. I work directly with business management, sometimes together with secured lenders and other financial stakeholders, to deliver a solution to the problems faced by the business. That solution might be a short term fix, a longer term restructure, or a combination of these, and I add value by assisting the business in overcoming these problems.  

I also advise a number of property investment managers by providing tenant covenant reviews for the properties owned by their clients. The purpose of these reviews is to provide an assessment of the financial strengths/merits of an incumbent or potential tenant.

I work with a wide range of clients, from start-ups to well established entities. Regardless of the size of the business, my goal with each project is to support the management team by easing the burden of stress on the directors and providing advice that enables them to make the right decisions for the business. For short term solutions I specialise in conducting business reviews and using financial modelling as a tool for supporting cash flow management and liaison with key suppliers and lenders to the business. When a more formal procedural restructure is necessary, I am able to act as an appointed insolvency practitioner.

As well as having experience in a variety of other sectors, I sit on the BDO core sector focus groups for both Shipping and Professional Sports. 

Outside of work, most of my time is spent with my family. I am an avid watcher of most sports and occasionally play a round of golf. I set up a football club in the early 2000s and am pleased to say that it is still going strong and I own a very small part (a few hairs on the tail) of a couple of racehorses.

I am a fellow of the ICAEW and, as a licensed insolvency practitioner, a member of the Association of Business Recovery Professionals (known as R3). I am also a member of the Institute for Turnaround (IFT).