An experienced and approachable Finance Director who has a passion for working with a portfolio of growing SMEs. Steve works with several early-stage tech businesses and has helped them raise their first significant investment. 

Steve works closely with the VC community and has helped a range of businesses raise their first significant investment. Steve also understands the challenges that SME owners face when they are trying to expand. He ensures his clients are ready to present to investors and secure that all important investment. 

Steve helps business owners to work effectively with investors to the mutual benefit of both founders and investors. 

The investment journey is not plain sailing and Steve can help with all the key challenges such as cash flow management, investor communication, business strategy, profitability/cost reviews and value growth.

Steve qualified as a Chartered Accountant in Manchester with KPMG and, after qualifying he joined a UK-wide department store chain where he held a number of roles. He then moved into international retail, as finance director for new business start-ups in Russia and India. 

Steve returned to the UK and has held a variety of FD/FC roles in customer facing businesses such as fashion retail, cinemas, bingo, estate agency, property development and children’s day nurseries. 

Steve’s portfolio career with EFM has seen him help a range of businesses raise their first significant investment. Steve works closely with business founders, VCs, and angel investors to ensure the business is moving in the right direction and flagging up when corrective action needs to be taken. 

Steve’s current portfolio comprises the following sectors: SaaS, software engineering/projects, engineering consultancy, estate agency, commercial property, the performing arts, and biotechnology. 

Over the course of his career, Steve has delivered: 

• Business Planning - Prepared a range of complex business plan models leading to successful fund raises for several early-stage SMEs. 

• New Business Set-Up - Established overseas operations in India and Russia for UK companies including roll out planning, local recruitment/training, joint venture partnering and divestment planning. 

• Cash-Flow – Detailed cash flow planning to support major investment cases. Cash burn/cash out calculations for VC backed business. Cash flow projections to support follow on investment and debt funding. 

• Due Diligence - Assisted a VC with a detailed due diligence report leading to successful investment. Reviewed management business projections to support follow-on investment during the pandemic. 

• Finance Systems - New software implementation to facilitate remote working of entire client finance team including training, report design, multi-level approval systems and financial performance dashboards. 

• Exit Planning - Preparations for an exit via an Employee Ownership trust (EOT) including financial modelling and EOT fund raising. 

• Buy/ Sell Business - Disposal negotiations of an Indian company to major conglomerate. Sale of a bingo chain to a listed business. 

• Financial Restructuring
• Private Equity
• Management Accounts
• Company Start-ups
• Budgets
• Financial Forecasting
• Financial Coaching and Training
• Fundraising
• Investor relations
• Financial Planning and Analysis
• Cost controls
• Share incentive schemes
• Employee Ownership Trusts

1. Charity
2. SaaS
3. Education
4. Health and Well-being
5.  IT
6. Food Manufacturing
7. Professional Services
8. Real Estate
9. Retail
10. Biotechnology
11. Drug discovery