Kingsgate were asked by the regulator to support a London provider Trust which had a significant change in year-end forecast outturn and had already breached its control total in Quarter 2.
Kingsgate delivers successful change for organisations in challenged and difficult situations. As a professional services firm we provide solutions ranging from turnarounds to organisation-wide transformation within both the public and private sectors.
When organisations are in distress or in crisis
OUR SERVICES
Crisis stabilisation
Cash management
Stakeholder management
Financial restructuring
Cost reduction
Leadership development
NHS Trust Administration
When the need arises to ensure the top team is the right one and works effectively together
OUR SERVICES
Leadership development and transition
Board development
Coaching/mentoring
Selection and appraisal
In collaboration with our sister company Dearden HR
Our Guiding Principles
We do what we say we will do
We change the drum beat
We do the tough things in a fair and decent way
We get to the heart of the matter
We are trusted advisors to all stakeholders
We believe in no surprises
We endeavour to over-deliver
We put the client at the centre of all we do
We have a clear, disciplined and no-nonsense approach
Kingsgate’s sister company Dearden HR takes the drama out of difficult people issues, improves workforce performance and efficiency whilst delivering benefits and adding lasting value. With over 30 years’ experience Dearden can deal effectively with the full range of people and workforce issues.
Kingsgate and its partner Dearden HR is an alliance of two strong brands with combined experience offering a team-based approach.
Kingsgate were asked by the regulator to support a London provider Trust which had a significant change in year-end forecast outturn and had already breached its control total in Quarter 2.
The company was in severe financial distress. The business had become over-leveraged following a difficult product launch. Investment was required to deliver a further 40% increase in production capacity, whilst ensuring a sustainable cost base could be achieved.
We were asked to bring new urgency, grip and control to the recovery programme, help manage and where possible reduce the expenditure run-rate and oversee delivery of the cost improvement programme.
The Local Authority set the cost reduction target at £57 million over a 3-year period, but without any in-house capability to deliver such a programme the organisation decided to engage private sector restructuring expertise.
Two site acute healthcare provider based in the South of England achieving revenues of £337m. Significant financial pressures and lack of joined up working practices/systems between the two main sites.
The Acute Trust and the local health economy faced a considerable financial challenge over the spending review period to 2014/15 Cost reduction measures of around £22 million were identified as being required over the following four years.
We are a turnaround, transformation and transition business working in challenged or failing organisations who understand how to improve results in difficult environments. We both design and deliver solutions in all stages of turnaround and challenged situations.