continuity test

SUMMARY

The Wexted Continuity Test is a forward-looking resilience assessment designed to confirm that, following implementation of a Safe Harbour plan, the company can maintain compliance, cash-flow stability and operational continuity. It shifts the focus from short-term stabilisation to long-term sustainability. This service helps ensure that the recovery achieved under Safe Harbour is durable, not temporary, and that governance, reporting and risk management frameworks are sufficiently robust to withstand future disruption.

BENEFITS

Identifies residual risks that could re-emerge post-restructure
Confirms governance and reporting adjustments required to embed resilience
Provides assurance to stakeholders that the recovery is durable

TYPICAL PROCESS

Review the implemented restructuring measures and their operational effects
Test the business against a set of continuity scenarios (supply disruption, loss of major customer etc)
Review governance and compliance frameworks (financial controls, reporting cadence)
Recommend structural changes to embed and maintain oversight (board committees, CRO arrangements, monitoring KPIs)

TYPICAL OUTPUTS

Continuity Test report (residual risk register + mitigation plan)
Revised governance and reporting framework (templates, KPIs)
12-24 month Resilience roadmap

Scope and Complexity

For smaller businesses, the Continuity Test may focus on practical governance improvements and short-to-medium-term cashflow resilience. For larger or more complex organisations, it may involve extended scenario analysis, enhanced reporting frameworks and longer-term resilience planning. The objective in all cases is to ensure recovery is durable, not temporary.

Other Safe Harbour Services

THE SOLVENCY REVIEW

An independent rigorous assessment of a company’s solvency position — including liquidity, exposures, timing of creditor demands, and short-term cash runways.

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THE ELIGIBILITY REVIEW

A focused compliance assessment against the statutory preconditions for Safe Harbour protection set out in section 588GA(4) of the Corporations Act.

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THE COPORATE STRUCTURING PLAN

A strategic review and redesign of a company’s operational and corporate structure to support financial stability, governance clarity and long-term recovery.

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THE BETTER OUTCOME TEST

A structured assessment to determine whether a course of action is reasonably likely to lead to a better outcome rather than immediate administration or liquidation.

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