Who? Why? What? How? Over to you. Born in Torquay. First - - PowerPoint PPT Presentation
Who? Why? What? How? Over to you. Born in Torquay. First - - PowerPoint PPT Presentation
Who? Why? What? How? Over to you. Born in Torquay. First company HYCO tools & garage equipment Born in Torquay. First company HYCO became MYCO Born in Torquay. First company HYCO became MYCO IVSA
Who? Why? What? How? Over to you….
- Born in Torquay.
- First company
- HYCO tools & garage equipment
- Born in Torquay.
- First company
- HYCO became MYCO
- Born in Torquay.
- First company
- HYCO became MYCO
- IVSA started
- MYCO
- aged 23.
- RDC Sales Agency founded at 27
- Corporate 20 + years
- Off Balance-Sheet Technology Leasing into ftse 100 companies
- Anglo Leasing, Woodchester Leasing, El Camino Resources – CHG Meridian
- RDC Sales Agency founded at 27
- Corporate 20 + years
- Off Balance-Sheet Technology Leasing into ftse 100 companies
- Anglo Leasing, Woodchester Leasing, El Camino Resources – CHG Meridian
Then I took my money and left…
What did I want to do? I didn’t know! What didn’t I want to do?
1.
Not do anything that looked like work!
2.
Not do business with strangers! Enterprise Assist Limited established 2005
- Became a NETWORKER
Downside;
- Shy & Scared!
Solution;
- Turn up early…..and leave last.
I became a serial networker!
- Challenged
- Clever
- Determined
- Bloody minded
- Difficult
- Special
- Enterprise Assist Ltd
- Retained by Devon Trading Standards – Buy with Confidence
- Enterprise Assist Ltd
- Retained by Devon Trading Standards – Buy with Confidence
- Gates & Fences UK Limited
- G&F Partners LLP
- Enterprise Assist Ltd
- Retained by Devon Trading Standards – Buy with Confidence
- Gates & Fences UK Limited
- G&F Partners LLP
- Enterprise A2 Ltd
- t/a ISCAdigital
Trading as
ISCAdigital
- Enterprise Assist Ltd
- Retained by Devon Trading Standards – Buy with Confidence
- Gates & Fences UK Limited
- G&F Partners LLP
- Enterprise A2 Ltd
- t/a ISCAdigital
- SWIG – South West Investment Services Ltd
- Inc. BEDF
Since 1996 SWIG has delivered £15m in business loan finance to over 1,500 SMEs and business start-ups throughout the south west.
Bristol Enterprise Development Fund Ltd (BEDF)
- Enterprise Assist Ltd
- Retained by Devon Trading Standards – Buy with Confidence
- Gates & Fences UK Limited
- G&F Partners LLP
- Enterprise A2 Ltd
- t/a ISCAdigital
- SWIG – South West Investment Services Ltd
- Inc. BEDF
- Listen2Win Ltd
Keryn Seal & Robin Williams
- Enterprise Assist Ltd
- Retained by Devon Trading Standards – Buy with Confidence
- Gates & Fences UK Limited
- G&F Partners LLP
- Enterprise A2 Ltd
- t/a ISCAdigital
- SWIG – South West Investment Services Ltd
- Inc. BEDF
- Listen2Win Ltd
- Outside Adventure Consultants Ltd
Start to finish – the story so far…
- A bank calls.
- A visit to Torquay ensues.
- Prodeck – a company in distress,
- Set-up 2010 to provide decking kits via a website nationwide.
- Developed a range of quality wooden gates.
- Rapid growth,
- Attention to marketing and production not matched by attention to figures, cash flow,
forecasting or budgeting.
- Financial reputation with card payment companies compromised which ruined cash flow.
- Visits to Insolvency Practitioners followed.
- Prodeck folded.
- Gates and Fences UK Limited formed.
- Selling, predominantly to end users via an e-commerce website, hand-crafted bespoke
wooden gates.
- One director and shareholder.
- No investment.
- No borrowing.
- Nothing obtained from Prodeck.
- Staff paid first, self-employed’s second, supplier’s third, director last!
- Supplier relationships developed.
- Interline Building Supplies.
- Jolin Ltd – Landlord.
- First Year - £842k T/O
- In excess of £3 million T/O since start of Gate and Fences UK Limited.
- Four Directors and Shareholders.
- 28 now employed, including one apprentice
- Only £6k invested so far outside of cash flow.
- Main wood supplier paid weekly.
- Close working relationship.
- Build account.
- Production line in development since August 14.
- Waste dramatically reduced.
- Delivery to customer driving production rather than sales.
- New Brand. EVADOR.
- Bigger faster websites under construction.
- Photo booth development.
- Automation and add-ons.
- Concessions being set up in major Garden Centre outlets.
- No stock - just manned portal.
- Opportunity to operate install teams.
- Wrought Iron and Metal gate production line from April.
- New premises sought.
- Preferably Torbay and owned.
- Long term strategies:
- Identify systems, processes and policies for installation of ISO9001, and additional
accreditations.
- Further develop personnel
- Devolve parts of the company in to group held organisations.
- Continue to build for sale….even if we don’t sell it
- Why did you start?
…and what did you want?
- To follow a passion?
- A job ?
- An income?
- Not to have to have to answer to anyone?
- Fame?
- Admiration?
- Respect?
- What do you want now?
- What do we want?
- A better memory
- When do we want it?
- What?
- Questions?