Business Preparedness Programme

COVID19: Grant Thornton UK LLP

About Us

Grant Thornton UK LLP is part of one of the world’s leading organisations of independent audit, tax and advisory firms. For more than 100 years, we have helped dynamic organisations realise their strategic ambitions. Whether you’re looking to finance growth, manage risk and regulation, optimise your operations or realise stakeholder value, we understand what you need today and what you’ll need tomorrow. And we tailor our service to get you there.
Our dedicated team of automotive industry specialists are located across the UK and around the globe, harnessing downstream, upstream and commercial expertise. Our insight and experience in the sector helps us to effectively navigate you through macro and local issues and provide relevant and practical recommendations tailored to your business.

We work with clients at every stage of the automotive value stream to offer an extensive range of services to automotive sector stakeholders, from supply chain through to distribution, retail and usership. With a variety of experience of working and operating within the industry, our approach is practical, supportive and personalised, aimed to provide you with actionable insight that, when implemented, supports your business to adapt and deliver added value.

COVID-19 Assistance

The automotive sector has faced a series of intensifying challenges over the last few years, and COVID-19 presents yet another test for the industry. In these uncertain times, we can support you to manage many of the impacts of COVID-19 on the automotive industry.

Over recent months we have talked to thousands of businesses about COVID-19, building a deep understanding of the market’s concerns – and plans to solve them, advising our clients on how to assess the current situation, protect their business and prepare to restore business-as-usual.

We have collated our latest guidance, advice and resources into a helpful online hub – Responding to COVID-19, bringing together political insights, professional services expertise as well as a wealth of insight across different industries. You can also join our series of webinars, bringing you together with your peers to discuss how we can get through the uncertainty together.

Specific help includes

  • Debt advisory
  • Cash flow management
  • Strategic support and business planning for use by funders
  • Cost reduction
  • Transaction support

Complimentary Virtual COVID-19 Workshops

We are offering complimentary virtual workshops to discuss the actions your business could take, share sector-wide insight from other businesses, stress-test existing plans, and to get assurance that you are proactively considering all potential risks, providing a hotspot analysis of key risks and opportunities, as well as a tailored action plan.

For advice and to request a call please speak to our specialist Daryl Lewis at Daryl.Lewis@uk.gt.com and email our helpline at Covid19Hub@uk.gt.com.

24 hour Debt Advisory Helpdesk

If you have any questions or wish to speak with a Debt Advisory expert about your debt position, or accessing any of the government guarantee/lending schemes, you are welcome to contact Grant Thornton’s Debt Advisory Helpdesk. We aim to respond within 24 hours. Please find further details below:

Useful links

https://www.grantthornton.co.uk/en/industries/automotive/
https://www.grantthornton.co.uk/en/insights/responding-to-coronavirus-covid-19/
https://www.grantthornton.co.uk/en/insights/what-the-changing-motor-industry-means-for-pensions/
https://sites-grant-thornton.vuturevx.com/27/2071/landing-pages/covid19-webinar-series.asp

Webinars/podcasts/audio/video

Grant Thornton and SMMT COVID-19 webinar recording

Contact

For further information please get in touch with one of our automotive specialists free of charge, Oliver Bridge at Oliver.W.Bridge@uk.gt.com, Owen Edwards at Owen.Edwards@uk.gt.com or Eddie Williams at Eddie.Williams@uk.gt.com.

24 hour Debt Advisory Helpdesk

If you have any questions or wish to speak with a Debt Advisory expert about your debt position, or accessing any of the government guarantee/lending schemes, you are welcome to contact Grant Thornton’s Debt Advisory Helpdesk. We aim to respond within 24 hours. Please find further details below:

Complimentary Virtual COVID-19 Workshops

Grant Thornton would be delighted to offer you a complimentary virtual workshop session, facilitated by our industry and technical experts. The purpose behind the call is to give you the opportunity to step back from you’re your business for an hour to reflect on your current position, stress-test your existing strategy and plans, as well as to get assurance that you are proactively considering all angles, potential risks and opportunities. Rather than giving you generic information, we will provide practical and sector-specific insights, as well as to challenge and strengthen your current strategy and thinking.

For advice and to request a call please speak to our specialist Daryl Lewis at Daryl.Lewis@uk.gt.com and email our helpline at Covid19Hub@uk.gt.com.