Background A venture capital investor had committed seed and first round funding to a SAAS company without a finance director. The VC’s investment was contingent on an FD being appointed, while the Managing Director was oblivious to the benefits an FD could bring to his business and resistant to what he considered would be outside…
Background A specialist care company had lost impetus and relationships between the directors deteriorated, with no clear vision for the future. Two of the business partners proposed to buy out the other two, one of whom was the FD and therefore required financial expertise to support the remaining directors. The company operated several care homes,…
Background An early-stage business developing and distributing batched cocktails, predominantly for on-trade distribution, was seeking accounting and financial management support. The current FD was leaving, and the business was struggling to find the right balance between an ambitious and bespoke IT led management reporting solution developed by the FD, and a more resilient and sustainable…
Background & Challenges An established provider of linen hire and laundry services to some of London’s top restaurants, hotels and spas had been acquired by a turnaround partnership and appeared to be on target for a successful exit. Operating from a 40,000 square foot facility in Park Royal, the business generated a robust revenue stream…
Background In 2019, a UK educational establishment was facing a bleak future. The organisation had always relied upon donations from its charitable foundation to break even and access to these funds expired in 2019. The business model (expensively rented campus, small group teaching, low student numbers) was loss-making without external funding. The institution was facing…
Background An immediate need arose to undertake the FD role on an interim basis whilst the business carried out a detailed recruitment exercise to identify and select a suitable candidate to project manage a major systems implementation project. The Group Director responsible for arranging cover was already aware of EFM’s ability to provide a range…
Background The recently formed international trading company had grown very quickly from a standing start and the business needed to fund significant further growth, ensuring it maintained sufficient working capital for the projected higher level of trading activity. An additional element to financing was that trading transactions were multi-currency, involving sterling, euros, and dollars, so…
Background Subsidiary facing closure following a poor Ofsted inspection. This resulted in the termination of certain contracts. The impact on the Group could have been significantly adverse. Challenge This was to limit the damage that the subsidiary closure would have on the rest of the Group and try and retain as much business as possible….
Background Management of my legal sector client expected to be significantly impacted by the global lockdown restrictions imposed by the government as a result of the Covid-19 pandemic. They believed that fees could be dropped by as much as 60% and did not have the necessary tools in place to track the impact to the…
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