Businesses at risk of breaching covenants, debt advisor warns A toxic combination of rising costs, falling consumer demand and property values could put many businesses at risk of breaching their banking covenants in the coming months, a leading debt advisor has warned. Phil Tarimo, Partner with DSW Debt Advisory, which helps firms to raise debt … Continued
How to Survive a Recession 2: Tips from a Banker Who’s Been Here Before Owen Malton of DSW Debt Advisory – who has been through several recessions – offers some advice on how businesses can improve the odds With the threat of recession looming, there is no doubt that life is going to get tougher … Continued
Debt vs Equity Finance: Which is the Better Option to Fund Growth? Owen Malton of DSW Debt Advisory outlines six key points to help you consider which type of funding is right for your business. For those seeking finance for growth, the question will be – can I raise debt funding or shall I seek … Continued
How to survive a recession 1: Lessons from the past Owen Malton of DSW Debt Advisory looks back at previous economic downturns to see how they compare with today With economic storm clouds gathering, many economists believe the UK will enter a recession in the year ahead. It is a scary thought – particularly … Continued
Navigating the road ahead: a lender’s view By Owen Malton of DSW Debt Advisory I left Clydesdale Yorkshire Bank – now known as Virgin Money – a month or so ago and am delighted to have joined Dow Schofield Watts (which has an enviable reputation) working in the Debt Advisory team alongside Phil Tarimo. I … Continued
Senior bankers join DSW Debt Advisory DSW Debt Advisory – which helps companies to raise debt funding – has made two new senior appointments. Owen Malton joins from Virgin Money, previously Yorkshire and Clydesdale Bank, where he led the North of England structured finance business, while Matt Thomas was a director within the same team. … Continued
What is a career in professional services like? A Q&A with DSW’s Young Professionals A few weeks ago, in a canal-side bar in Deansgate, we gathered our new starters and a group of Northwest young professionals for a relaxed networking session over after-work drinks. Not only was it an excellent opportunity to introduce our employees … Continued
Stating the obvious (Part 1): Covenant breaches By Gavin Harrison My apologies upfront for the attention-seeking headline; but given this is a business article written by an Accountant/ex-Banker, I’m pretty confident that no-one will be expecting ground-breaking revelations, so I may as well be honest! On the subject of dealing with a Covenant breach however, … Continued
Funding an employee ownership trust: DSW offers capital for advisory firms planning a buy-out Are you a professional services business considering an employee buy-out? Perhaps you are a founder or shareholder of the firm who is now seeking an exit? If so, Dow Schofield Watts may be able to help you fund the deal – … Continued
Jolly Hockey sticks?! – Understanding the underlying profitability profile of a growing business by Gavin Harrison During my early days in banking, while learning the signs of what a ‘good business’ looks like, something that I regularly heard from Credit departments and Senior Management was “Another Hockey Stick forecast! Seen a thousand of these, they’ll … Continued
DSW Debt Advisory expands team DSW Debt Advisory – which helps businesses to raise debt funding and is part of the Dow Schofield Watts group – has appointed Chris Carter as Manager. Chris, who will be based in the Daresbury office, has over 15 years’ experience in banking, investment and corporate finance. Having started … Continued
£2m grant fund aims to attract professional services teams Dow Schofield Watts has earmarked £2m in grant funding to attract professional services teams as it seeks to expand its UK footprint. The Dow Schofield Watts Entrepreneurship Grant scheme will be open to ‘break-out teams’ from top-tier firms who want to set up their own business … Continued
The post-Covid dilemma for professionals – and why it’s time for change in the accountancy sector Pandemics and other periods of global turmoil often create lasting shifts in society and Covid is no different. The events of the past 18 months have accelerated the uptake of technology, changed the way we live and work and … Continued
Dow Schofield Watts continues growth with launch of new Reading office Dow Schofield Watts has launched a new office in Reading as part of its continued expansion across the UK. The firm, which is known as a ‘challenger brand’ in the accountancy sector, operates a unique licensing model that empowers professionals to run their own … Continued
Dow Schofield Watts Debt Advisory expands to London and South East Dow Schofield Watts has expanded its debt fundraising arm with the launch of a new operation covering London and the South East. Gavin Harrison has joined as head of DSW Debt Advisory in the region. Gavin has spent over 20 years in banking and finance, having started his career at PwC and worked … Continued