Handling Concepts
Business type
Designers and manufacturers of bespoke handling equipment for a wide range of industrial applications, based in Bromsgrove, Worcestershire.
Why JRMA?
Judith Ross first met Handling Concept’s Company Secretary on a training course several years ago. At the time their Finance Director was thinking of retiring and Judith was introduced to the Managing Director to see if JRMA could take on some of the Finance Director’s duties. However, the Finance Director chose not to retire at that time, so JRMA’s services were not required. Jump forward to 2018 and having made a positive lasting impression 9 years earlier, JRMA are delighted to be working with the company, alongside the Company Secretary, who is now part of the management buyout team.
JRMA services used
Initially, Judith became involved in preparing forecasts to support the MBO and then by introducing a comprehensive budget and creating detailed management accounts reports. Jo helped the new management team introduce improved systems of job costings by implementing Sage Projects to enable greater clarity of profitability and also helped them to create a rolling 13 week cashflow forecast in Excel.
On an ongoing basis, Judith now prepares monthly management accounts and attends finance meetings to present and discuss the results. JRMA also provide ad-hoc assistance to their in-house bookkeeper.
The benefits
Handling Concepts benefits from Judith’s business experience within other industries when discussing issues at management meetings. The financial information provided and strong financial controls have also been particularly helpful in grant applications.
Customer website
