A Siebe (now Invensys) plc Group company - marketing, designing, engineering, manufacturing,
selling and servicing equipment for the garage industry - at home and abroad. 240
employees (including teams in Sheffield and throughout the UK plus a printing organisation).
Turnover £13m.
ACHIEVEMENTS / IMPROVEMENTS
A team of 14 with 1 qualified accountant.
Led Cost Reduction/Restructuring activities, especially by highlighting Overheads
spend – reduced expenditure by 7%.
Major player in the take-over of a service company, by identifying and setting up
necessary procedures, controls and costs – enabled new market to be entered and turnover
and profitability to increase by 10%.
Introduced Customer site visits - enforced payment terms, improved business relationships
and improved Cash Flow by improving DSO’s by 5 days.
Optimised communications within the function and whole company, by use of appropriate
reports, terminology and training – whilst reducing department headcount by 10%.
Achieved strict reporting requirements of Head Office – by setting up defined processes
and disciplines achieved requirement of Day 4.
Made regular visits to off-site teams to improve controls, efficiencies and understanding.