Working Capital Management

Overview:
Rotrex Group, winching and FM specialists, turnover of £9m+

Problem:
Rotrex needed to identify and stabilise their working capital requirement.

Solution:
Sollertia undertook due diligence on financial management of the business
operations performance, sales and purchase ledger condition plus future liabilities.

• A detailed short and long term view of its working capital need was established
• An ongoing management reporting profile was defined and agreed
• Designated reports are produced at regular intervals
• Allowed Rotrex to move from responding reactively to business needs
• Provided a structured and planned direction of its working capital

Outcome:
The reporting regime devised by Sollertia means that:

• Rotrex’s decision making is now better informed
• Huge benefits are brought to cash flow management
• Rotrex can increase and make better use of working capital

Comment:
"At a time of major change, Sollertia has provided the solid foundation on which many of our business critical processes have been rebuilt."

Simon Butterworth, Managing Director, Rotrex Group Limited