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This Small/Medium Engineering business was venture capital owned when a new MD, FD and Sales Director were appointed. Through robust analysis, close teamwork and targeted actions the business has now been successfully transformed from >£1m annual losses and brought into positive and profitable trading.
The primary changes needed were determined as costs and customers. The improvements selected and implemented were therefore focused on establishing a much tighter cost control regime and building exports. This targeted approach led to significant sales growth combined with reduced expenditures. In the process the business generated sufficient cash to pay off the loans of one investor and could then re-finance. This new finance was targeted on making significant strategic investment into new automation systems. The result has been a clear success, creating a much stronger, more robust and more capable business that is focussed on moving forward.
Contact Mistral Associates Today
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Talk to our specialist advisors on 0114 3993985 today for your free and confidential first discussion about Business Growth or Business Transformation tailored to your business, or click here: Contact Mistral Associates
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