Background Unfortunately the Educational based SME was in severe cash flow difficulties and facing imminent insolvency and an application to appoint the Official Receiver. The CFO was leaving prior to the application and the company required immediate and short term financial expertise and oversight and help to ensure a smooth handover to the Receiver. Challenges…
BACKGROUND In the wake of complex regulatory changes in the banking industry, Paul took on the task of implementing a new operating model that would transform the way the business worked, yet enable it to continue functioning effectively and profitably. At the same time, Paul needed to ensure that well-established relationships with over 600 clients…
Background Following a request from an angel investor, Finance Director Richard Preston was brought in to review the finances of an Offshore/ International start-up investment platform, and to identify and implement sources of additional funding to achieve stretching goals. Making good use of Richard’s extensive experience and wide-ranging skill set, the business subsequently also invited…
Background As newly appointed UK FD for a global insurance brand, Richard Preston inherited a finance team that was in disarray and poorly regarded within the Company. Pulled in too many directions at once, the team lacked focus and selectivity, which resulted in an incessant rush to keep on top of core procedures from one…
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…
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