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Corporate Reviews

Independent financial insight to support critical business decisions

At Friel Stafford, we conduct detailed corporate reviews to provide lenders, investors, boards, and business owners with an objective and informed view of a company’s financial health, operational performance, and strategic viability.

Whether triggered by financial underperformance, a change in funding arrangements, or concerns about long-term sustainability, our reviews support better decision-making and risk management.

Our team brings decades of experience in assessing distressed, underperforming and high-growth businesses across a wide range of sectors. Our reviews are independent, commercially focused, and trusted by financial institutions and professional advisers across Ireland.

When is a corporate review needed?

A corporate review may be required in situations such as:

  • Breach of banking covenants or lending conditions
  • Rapid deterioration in cash flow or profitability
  • Refinancing or restructuring negotiations
  • Shareholder or board-level concerns
  • New investment or debt proposals
  • Mergers, acquisitions or business exits
  • Regulatory or strategic change

We tailor the scope of each review to the needs of the commissioning party — whether that’s a lender seeking reassurance, a board seeking clarity, or an investor looking to protect their position.

What Our Corporate Reviews Assess

Financial stability and solvency

Assessment of profitability, liquidity and balance sheet strength

Cash flow forecasting

Analysis of current and projected working capital and funding requirements

Business model and cost base

Evaluation of the sustainability of operations and overheads

Banking and creditor relationships

Review of debt structure, repayment ability and exposure

Stakeholder risk

Assessment of the implications for funders, investors and other key parties

Operational and governance issues

Identification of any structural or compliance-related weaknesses

Turnaround or restructuring potential

Recommendations for actions to stabilise, reposition or wind down

Our Approach

We work collaboratively and discreetly with key stakeholders — including business owners, funders, legal advisors, and management teams. Each review results in a clear, concise report that provides practical insight and supports immediate action or long-term strategic planning.

Depending on the context, we can deliver:

 

  • Full-scope Independent Business Reviews (IBRs)
  • Targeted short-form reports (e.g. for covenant checks or refinancing support)
  • Pre-lending due diligence for banks and investors
  • Integrated follow-on support for restructuring or turnaround where needed

Friel Stafford

Why Choose Us?

Experience You Can Rely On

  • 25+ years’ experience working with Irish businesses and funders
  • Trusted by all major Irish banks, alternative lenders, and legal firms
  • Deep understanding of the commercial pressures facing SMEs and corporates
  • Fast turnaround and flexible reporting options
  • Fully independent and conflict-free

Need clarity before you commit?

Whether you’re a funder assessing exposure or a business preparing for change, our independent reviews provide the insight you need to move forward with confidence.

Speak to our advisory team for a confidential consultation.

CONTACT US TODAY

+353 1 661 4066