Duff & Phelps has announced that Michael Bills has been promoted to a Managing Director in its London office as part of the Restructuring Advisory practice following two successful secondments to leading Asset Based Lending institutions. Bills specialises in providing strategic financial advice and planning to borrowers and lenders with ABL facilities. This advisory work includes the analysis of financial information, working capital management optimisation, tax arrears solutions and stakeholder management.

Bills has completed a significant number of independent business, viability and pre-lending reviews across a wide range of business sectors including manufacturing, recruitment, construction, and leisure. These reviews have involved extensive financial due diligence and working alongside management teams in both growth and distressed scenarios.

Bills is a chartered accountant, is JIEB qualified and is a member of the Turnaround Management Association’s