1996 – 2001

Carebridge Ltd, Redruth, Cornwall - Finance & Commercial Director

An owner-managed private company - marketing, designing, engineering, manufacturing, selling and servicing equipment for the garage forecourt and vending industries - at home and abroad.  With 85 employees and a turnover of £5m.

Achievements

• Led cost reduction / performance and cash management improvement activities, by – achieving 10% reduction in overhead spend, and positive cash flow through prompt invoicing. Put in controls that were learnt whilst at Siebe.

• Negotiated with banks and commenced invoice discounting - improved working capital by £700k.

• Introduced rolling P&L forecasting, by use of spreadsheets and involvement of all functions – identified challenges / solutions and maximised profits.