Construction and Property
Turnaround and Recovery

Margin Recovery and Administration Restructure - Construction Company

Stabilising cashflow, recovering profitability, and restructuring operations for a construction business that had reached the edge of administration.
Objective
Avoid administration, stabilise cashflow immediately, identify and remove margin-eroding inefficiencies, and restructure the operational and departmental model to restore sustainable profitability.
Strategy
13-week cashflow model, supplier renegotiations, contract margin review, scope discipline reset, department restructure, workflow redesign, and role realignment across operational teams.

About The Project

The Problem

A construction company was at serious risk of administration. Poor cashflow visibility, unprofitable contract exposure, and an inefficient departmental structure had compounded over time to the point where survival and supplier confidence were both at stake. The business had no reliable forward view of its cash position and no clear picture of which contracts were eroding margin.

Leadership was under significant pressure. Decisions were being made reactively. The business needed immediate stabilisation and a credible path back to profitability.

What Winston Gray Did

Winston Gray moved quickly. In the first phase we implemented a 13 week cashflow model to give leadership immediate visibility of the cash position, initiated supplier renegotiations, and identified spend that could be deferred without operational damage.

Simultaneously we conducted a contract and pricing review to identify where loss-making exposure existed, reset scope discipline across active contracts, and made the commercial adjustments needed to stop the bleed.

In the restructure phase we redesigned the departmental structure to remove duplication, clarify accountability, and realign roles to the work that actually needed doing. Workflows were rebuilt around the restructured teams with clear ownership and escalation paths.

The Outcome

Administration avoided. Cashflow stabilised. Operational efficiency improved by 30%. Within 12 months the business had returned to profitability and was in a position to reinvest in growth rather than manage decline.

Result 1

Administration avoided - cashflow stabilised within the first 30 days of engagement

Result 2

Operational efficiency improved by 30% through restructure and workflow redesign

Result 3

Business restored to profitability within 12 months, with capacity to reinvest in growth

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