The situation
Lattex D is a Latvian sewing company specializing in high-quality clothing.
The company found itself on the brink of bankruptcy due to mounting operational costs and an unbalanced product portfolio. Low-margin products consumed significant resources, while high-margin opportunities remained underutilized.
Our approach
Stabilize the company and improve profitability by restructuring the product portfolio and implementing targeted financial strategies.
- 1Analyzed COGS, OPEX, and CAPEX for all products.
- 2Eliminated low-margin products.
- 3Increased production of high-margin items.
- 4Created a profitability manual for future decisions.
Outcome
- Avoided bankruptcy.
- Achieved +20% profitability.
- Streamlined product focus.
Engagement timeline
Diagnose → Build → Deploy → OperateWeeks 1–2
01.Diagnose
Analyzed COGS, OPEX, and CAPEX for all products.
Weeks 3–5
02.Build
Eliminated low-margin products.
Weeks 6–8
03.Deploy
Increased production of high-margin items.
Ongoing
04.Operate
Created a profitability manual for future decisions.
Before & after
Before John Galt Finance
- The company found itself on the brink of bankruptcy due to mounting operational costs and an unbalanced product portfolio.
- Low-margin products consumed significant resources, while high-margin opportunities remained underutilized.
After
- Avoided bankruptcy.
- Achieved +20% profitability.
- Streamlined product focus.
+20%
Profitability increase
Artifacts delivered
What the founder walked away withFinancial model
Driver-based operating model with scenarios and cash runway.
Monthly management pack
P&L, balance sheet, cash flow, and KPI commentary in one deck.
13-week cash forecast
Weekly liquidity view tied to receivables, payables, and payroll.
How We Helped Lattex D Avoid Bankruptcy and Increase Profitability by 20%
Lattex D
Apparel / Sewing Manufacturing · Latvia
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