WCT Advisory is a specialist financial advisory firm primarily concentrating on advising company directors and business owners when facing financial distress, as well as undertaking formal insolvency appointments. In addition to that primary focus, the firm also undertakes some corporate finance engagements including capital raising, due diligence and transaction advisory.

After 4 years, WCT Advisory now have offices in both Brisbane and Adelaide with three main service areas:

• Restructuring Advisory

• Insolvency

• Corporate Finance

Andrew Weatherley provided commentary on the Courier Mail and The Australian Articles by Glenn Norris and Chris Herde. In particularly the 23.5 per cent spike in company insolvency numbers over the past year in Queensland and the expectation of that continuing.

He also provided some commentary this afternoon to 4BC's Drive Program with Peter Gleeson around the increased insolvency numbers, some expectations for FY2023 and some simple advice for small business.

Brand protection is a critical aspect of any businesses operations as it ensures the long-term success and reputation of your company. Unfortunately, insolvency can pose significant challenges to brand integrity and sustainability – especially in the current climate of high interest and rocketing inflation.

Andrew Weatherley spoke on a recent podcast episode of Business Built Freedom, where he had a great chat with Joshua Lewis (Managing Director of Dorks Delivered) on business restructuring, cash flow, and working capital tips. 

Specifics covered include preparing a cash flow forecast, how to manage working capital, restructuring and mitigating risks.

This is the sixth article in a series of articles aimed at informing directors of their duties and options for small to medium enterprises if faced with insolvency or financial distress. We now look at one of the more controversial mechanisms to restructure a business, being what is commonly referred to as a pre-pack transaction.

This is the fifth in a series of articles aimed at informing directors of their duties and options for small to medium enterprises if faced with insolvency. Following on from our previous article around the Director’s Penalty Notice, we now look at one of the distinct options to save a business, being a Voluntary Administration.

WCT Advisory is delighted to announce the opening of their second office in Adelaide, South Australia with Virginia Lao to oversee operations.

Our restructuring and advisory team look forward the opportunity to now bring our expertise to the South Australian and Northern Territory markets.