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FILE - This Nov. 19, 2013 file photo shows fashion designer L'Wren Scott at the Banana Republic L'Wren Scott Collection launch party at the Chateau Marmont in West Hollywood, Calif. Scott, a fashion designer, was found dead, Monday, March 17, 2014, in Manhattan. (Photo by Dan Steinberg/Invision/AP, File)
NEW YORK—A public relations firm that focuses on the fashion and beauty industries is denying reports that fashion designer L'Wren Scott's company was on the verge of shutting down.

The 49-year-old longtime girlfriend of Rolling Stones frontman Mick Jagger was found dead in her Manhattan apartment Monday. Authorities say she committed suicide.

New York-based PR Consulting says in a statement Friday that Scott was considering a restructure of her global business, LS Fashion Ltd.

The firm says that while some areas of the business had not yet reached their potential, other parts were successful. It says the long-term prospects for the business were encouraging.

Accounts filed by LS Fashion Ltd. in London show the company had liabilities that exceeded assets by 4.24 million euros ($5.9 million) as of Dec. 31, 2012.