CASE STUDIES.    
CS ONE > IAN ROWE – VARIOUS COMPANIES INCLUDING BURBO POINT LTD.
     
BRIEF
Ian Rowe is a property developer/contractor who has been a director of a number of companies, including a PLC, developing commercial and residential sites throughout Merseyside.

Burbo Point Limited is a development company established to build the finest beachfront development on the North West coast overlooking Antony Gormley’s ‘Iron Men’.
22 apartments have been created, culminating in the penthouse, which is valued at £1.7m.

Ian required Finance Director support across all of his companies to ensure that management information was available, particularly for bank submissions, and that cash flow was optimised.

SUMMARY
Evolve FD set up the systems and processes to ensure that reliable monthly management information was produced, including accurate monitoring of work in progress balances on an individual project basis.

A key area was the setting up and maintaining of individual cash flow forecasts for each project, which were then consolidated into summary company cash flows.

This gave Ian the ability to monitor and forecast profit and cash flow on a site by site basis, and was essential in his fundraising negotiations.

  TESTIMONIAL
“At one point we were managing up to 15 sites, which would have been impossible without Evolve FD’s input.
Work in progress reports feeding into monthly management information ensured that each site was running in line with budget, but the biggest benefit for us was that we knew the cash requirements of every site on a monthly basis to the end of each project.

This really helped with bank negotiations, giving them confidence that our management had control of all financial areas.

Evolve FD’s support has been invaluable to us, and I believe would add real value to any business where cash flow is a critical factor in success.”


Ian Rowe
Director – Burbo Point Ltd.


www.burbopoint.com

   
CS TWO > SHESIM LTD
 
BACKGROUND
Simon Haynes is a successful greeting card publisher who needed to set up a new company to promote his ‘Avant Garde’ brand.

His company did not require a full time Finance Director, but he realised that if he wanted to grow his business he needed specialist financial input.

SUMMARY

Evolve FD advised on the setting up of Shesim Ltd.; produced a business plan and financial projections; and negotiated bank and trade finance as well as an invoice factoring facility.

Evolve FD also established accounting systems and recruited an internal accountant for the company; training him to produce the management information required for Simon to run his business.
Ongoing FD support is provided, with the most recent work being the establishment of a weekly cash flow forecast integrating with the main set of projections for the next 3 years.
  TESTIMONIAL
“The financial expertise of Evolve FD has enabled Shesim to trade successfully for more than two years.

The initial practical help enabled the company to establish itself, and the ongoing support allows us to make decisions based on reliable information and financial knowledge.

Evolve FD are an essential partner in our business and fill a gap in our management team which would otherwise leave us vulnerable.
I can recommend Evolve FD to any owner managed business which is looking to increase profits and grow.”


Simon Haynes
Managing Director – Shesim Ltd.

www.avantgarde-design.co.uk
  Evolved

Contact Evolve FD
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