Part Time FD and Freelance Financial Controller

Case Studies: Rotadex Systems Ltd.

Rotadex System Ltd.

Established since 1953, Rotadex is a manufacturer and supplier of filing and storage solutions for the office environment. Products include space saving lateral and rotary filing systems. Rotadex also produce an extensive range of stack and bespoke manilla files and folders.

At the start of the two year project the internal management accounts were out of date and inaccurate. A qualified accountant was about to leave, the company was operating at its overdraft limit and cash was very tight.

Management did not know how profitable the company was, how to improve cash control, the true margins or the extent to which overheads were over budget.

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  • overdraft £175k
  • constant cash difficulties
  • loss for year £150k

  • customers paying on average 10 days quicker
  • supplier terms renegotiated
  • suppliers paid on average 15 days later
  • new contracts worth £670k sales
  • profits for year £300k
  • purchase of £1m plant and machinery


The client continues to go from strength to strength. The consultant's final act was to find a full time Financial Controller/Director to take over.

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