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Chris Petts
Leeds, Newcastle
Partner

Chris Petts

I am a partner and  lead the restructuring and debt advisory practice across Yorkshire and the North East. I have over 20 years’ of experience in advising corporates and stakeholders in relation to debt and strategy.

I provide a range of advisory services to corporates and funders, working with management teams to help them raise or restructure new and existing debt to fund new projects, or simply optimise their debt servicing costs.

I also undertake pre-lending diligence for funders and have recently completed numerous assignments where my work has culminated in significant loans and working capital being provided, or business being purchased. Recent clients include Camerons Brewery, Lanchester Wines, and Fairstone.

My expertise includes assisting directors to restructure a business, and its operations, to ensure that it can achieve its existing debt servicing requirements, in order to optimise profit and generate cashflow.

As part of my professional development, in 2009 I undertook a year long secondment to HSBC Bank plc, where I performed due diligence on new funding applications. I have performed pre-lending reviews for funders ever since.

I have significant experience advising businesses on accelerated sales processes.  Recent examples include Redhall Plc, Universal Recycling and CB Imports where going concern sales of the business were concluded within a very quick timeframe which helped preserve employment and value.

I am also a licenced Insolvency Practitioner and have assisted numerous directors and shareholders work through their cashflow problems to achieve a positive outcome. Recent examples include the high-profile case of Owen Pugh, a North East based Civil Engineering firm, where I was the lead administrator of all seven group companies.

Outside of work, I am a scratch golfer and regularly represent both Northumberland County, and The Northumberland Golf Club.  I am also a keen cyclist, snowboarder, and Newcastle United fan.

 

Qualifications
  • IPA (Member of the Insolvency Practitioners Association)
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Chris Petts
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Chris Petts
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