RICHARD THRELFALL GROUP

Background:

A well-established family owned group of companies with a turnover in the region of £5m. summ.it have been working with RTG for over 10 years

The Issue:

RTG are of sufficient size and complexity to require a full time financial input. The input required is across a range of skill levels from more basic accounting and book-keeping through to more senior tasks and reporting. This is a difficult position to recruit for given the wide range of experience required for the role at various levels of complexity.

The Solution:

summ.it provide a comprehensive service covering all aspects of the service offering through to Finance Director support with assistance with book-keeping, full management accounts preparation, cash flow forecasts, a full range of compliance services from VAT to payroll, Board attendance and full relationship management with their bankers.

The service is at a cost that is below that of a full time recruit and offers our client a long term stable solution to their finance department.

Successes:

Reduced insurance premiums by 50%
Commended by their bankers for quality of forecasting information and management accounts
Helped raise $2m financing for working capital to fund a large customer order
Reduced overall cost of the finance department by 40% through improved efficiencies in the department

RICHARD THRELFALL GROUP

“summ.it provide a comprehensive, flexible service taking full control of all finance issues within the group as well as input at strategic level. They have played an important and active part of the management team now for over 10 years”

Richard Hurst – Chairman, RTG Group Limited