Fractional Executive Search

When the business needs someone with authority in the seat.

A firm in trouble rarely lacks a diagnosis. What is missing is someone experienced with the authority to act on it.

A senior executive at a high-rise window above the city skyline at dusk, composed under pressure
The situation

What a struggling firm is up against

It is seldom one thing. Usually several at once:

01

Cash known only a few days ahead

The owner cannot say what the bank balance will be in a month.

02

Lenders asking harder questions

A facility under review, a covenant at risk and a bank that has stopped calling and started writing.

03

Tax arrears growing

VAT and payroll taxes outstanding, and HMRC now ranking ahead of many other creditors if the business fails.

04

A workforce that senses it

Good people leaving first, and the owner unsure what can be said and when.

We embed an interim operator with authority. They steady the cash, take the conversations with lenders and draw up a plan the owner and the board can support. They work alongside your solicitors and any insolvency practitioner, and never in their place. Appointments as administrator or liquidator are for licensed practitioners alone.

Is it the right fit?

Who this is for, and who it is not

Best for

  • A cash crisis that needs visibility and control now
  • A business in operational or financial distress
  • Lender or investor pressure that needs a credible plan
  • A leadership vacuum that has stalled key decisions
  • Stabilising the business before planning recovery

Not for

  • A business that only needs advice or a written report
  • A situation whose primary need is a formal insolvency practitioner
  • A stable business planning improvements at its own pace
  • A one-off review with no mandate to act
A low-key boardroom with a single shaft of light, the city skyline at night

Decisions made early, while they still change the outcome.

Why Fractional Manchester

What a firm under pressure gets

Interim leadership in a difficult year is familiar to regional lenders and owners alike. We find an operator with the authority and record the situation needs and keep governance around the work.

1 monthNotice, either way
800+Curated and vetted executives
2–3 weeksBrief to deployment
30–60%Less than a full-time hire, on our engagements

Close governance

Progress is checked with the owner and the board every few weeks, and we speak up when cash and plan start to separate.

Experience behind the operator

Lenders, suppliers or a nervous workforce: others in the collective have dealt with each, and the operator can call on them.

We manage any change

If the operator steps away mid-plan, we search again from our brief and manage the handover with the board.

Matched for calm

Owners, staff and the bank all need steadiness. We match operators who bring it.

How it works

The turnaround engagement

Each engagement moves from crisis to recovery with structured urgency.

01

Rapid assessment (week 1)

Financial position, operational status, commercial pipeline and team capability, mapped with a structured diagnostic framework.

02

Priority triage (week 2)

The 3–5 interventions that will have the most impact on stabilisation are identified and begun. Ruthless prioritisation.

03

Stabilisation (weeks 3–8)

Cash flow is visible and managed. Acute operational failures resolved. Lenders or investors briefed with a credible recovery narrative.

04

Recovery (month 2 onwards)

Processes rebuilt. Commercial momentum recovered. Financial infrastructure strengthened. Business guided from crisis to sustainable operation.

Match the symptom to the operator

Turnaround triage

The leadership a situation calls for depends on where the business is breaking.

The symptom
The leadership need
The symptomCash flow crisis
The leadership needFractional CFO
The symptomDelivery failure
The leadership needFractional COO
The symptomRevenue decline
The leadership needFractional CRO
The symptomTeam instability
The leadership needFractional CHRO
The symptomTechnology failure or systems risk
The leadership needFractional CTO
The symptomLender or investor pressure
The leadership needA fractional CFO and COO together
Our fractional services

The roles a turnaround usually calls for.

For a complex turnaround, we can deploy more than one operator at once and layer in further specialists as recovery progresses.

Proven leadership

Restructuring experience from

Alvarez & Marsal
AlixPartners
FTI Consulting
McKinsey & Company
Deloitte
PwC
KPMG
Houlihan Lokey
Common questions

The questions buyers ask first

No. Formal insolvency appointments are open to licensed practitioners only. Our operators run the business through the difficulty and work with the practitioner when one is involved.

That depends on the situation and the lenders. In many cases the owner stays as a director with the interim operator running the plan. We agree the split at the outset.

Two to three weeks is normal. If the bank has set a date, say so on the first call and we will tell you plainly what can be done.

Related

Other moments we cover

Fractional Manchester provides operational and executive leadership support. Where a situation requires insolvency, legal, restructuring or regulated financial advice, we work alongside the appropriate specialist advisers.

Get started

Move at the speed the situation demands.

Tell us what is happening. We will match a turnaround-experienced operator and have them moving within days, not after a recruitment process.

Book an urgent turnaround call