Working capital excess mounts among plcs
£110bn available in working capital
Research has revealed that UK plcs could be sitting on more than £100bn of
A survey by
Company, the consultants, revealed that among 202 UK plcs there was as much
as £110bn in working capital on their balance sheets.
“When capital is scarce, making better use of working capital is not merely a
matter of improved practice,” says John Potter, Partner at Booz & Company in
London. “Companies risk their competitiveness, in fact their own survival, by
neglecting the cash available at home”.
The analysis looked at receivables, payables and inventory across 31 industry
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