Issue 1: Queensgate continues to bring demonstrated value and tangible benefits to clients

Although confidence is beginning to return to the economy there is still a consistent lack of robust, timely and insightful financial information generated by companies to support informed, pro active decision making.

Over the last six months we have continued to deliver value added solutions to our clients who represent a cross section of industries.  We have provided brief details below of the clients we have recently worked with and outlined the common issues we find and solutions we have delivered.

 

Client Issue What we did Value added
 
Healthcare
  • Poor financial systems and controls
  • Lack of expertise in finance team
  • Detailed action plan
  • Restructured finance team
  • Recruited management accountant and sales ledger clerk
  • Implemented robust back office foundations
  • Implemented project toimprove end to end sales ledger process
Multi-site Retailer
  • Manual book-keeping
  • No MI
  • Poor cash management
  • Introduced Sage
  • Computerised records
  • Prepared MI
  • Introduced short term cash flow
  • Client/Bank now know on a monthly basis how the business is performing
  • Operating within facilities
Professional Body
  • Inadequate systems
  • Outdated MI
  • Introduced a real time deferred income model
  • Updated internal accounting systems manual
  • Updated MI
  • More accurate and informative MI
  • Robust systems documented
Leisure retailer
  • Outdated MI
  • No segmental reporting
  • No in-house finance support
  • Finite working capital
  • Recruited new FC
  • Prepared integrated forecasts
  • Introduced weekly segmental profit reporting
  • Client now has a clear understanding of how each department is operating
  • Operating within facilities
  • Enhanced relationship with bank.
Haulage
  • Exceeding facilities
  • No strategy
  • Bank requiring IBR
  • Agreed strategy with client
  • Documented in forecasts turnaround plan
  • Used Queensgate instead of formal IBR with national firm
  • Continued bank support
  • Progress can be monitored against forecasts
  • Reduced professional fees.

 

Insight and visibility is fundamental to what Queensgate deliver, which combined with the ability to quickly assess profit and cash drivers, improve working capital management and cash flow, raise finance and recruit experienced, high quality FC’s and FD’s allows Queensgate to bring real, tangible solutions and value to our clients.

Please contact us if you:

  • Have limited resources to provide financial information to make informed decisions;
  • Require a formal strategic growth plan;
  • Desire to improve working capital management of your business;
  • Have a lack of internal resources and systems to manage and monitor growth and change.

Jeremy Wetherall

07711 065420

jeremy.wetherall@queensgatem.co.uk

 

A&V Squires Plant Co Ltd

“Queensgate provides a conduit between us and the bank with whom our relationship has never been better and have introduced robust financial management systems and …

Forum Packaging Ltd

“Queensgate played an important role in helping us acquire our business from D S Smith. Their knowledge, encouragement and support throughout the process were instrumental …

The Doubleday Group

“Jeremy has worked with us to recruit key members of our Management Team. His experience and judgement have helped us select the best people for …