Marek Niedzwiedz

Cash provided by operations

Companies adjust net income (net profit) in numerous ways to determine net cash provided by operating activities under the method called INDIRECT. A helpful starting point is understanding why net income must be converted to ‘net cash provided by operating activities’. Under Generally Accepted Accounting Principles (GAAP) and International Financial Reporting Standards (IFRS) most companies use the accrual basis …

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Insolvency firm destroys business

Were Insolvency Practitioners wrongly (and possibly unlawfully) instructed to put the £2mln revenue company into administration? Another bad press about this industry in the UK. On the 21st of July 2022, Marek Niedzwiedz – a Sheffield-based Turnaround Investor (aeXea Capital), acquired a business called Valeside Catering Contracts Ltd – a business with c.£2mln in revenue …

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