CHAIRMAN & CEO - CLIVE GOLDMAN
A qualified Chartered Accountant with a degree in Accountancy. Attended I.N.S.E.A.D. (C.E.D.E.P), Fontainebleau for Senior Management training. An experienced Finance Director and Interim Manager with exceptionally strong expertise in IT and exposure gained in a wide spectrum of commerce and industry. Appointments have involved considerable responsibility where an objective approach, careful evaluation and meticulous attention to detail, have led to success.
Appointments to date have not provided a long term requirement for such an experienced and commercially astute businessman. Now seeking only the most demanding and challenging of environments. Needs to be operationally involved in the business.
Born in 1951; married with 2 children.
INTERIM MANAGER & SENIOR LEGAL ADVISOR
2005 - TO DATE
INTERIM FINANCE EXECUTIVE
assignments were undertaken:
Factform Solutions Ltd
I assisted this private company in the provision of arbitration, litigation and credit management services. In particular I handled the the larger and more litigious cases. My work involved arbitration with the debtors, and a high degree of forensic and detective work. I have become an expert in Copyright infringement claims.
I sourced and liaised with lawyers around the world and achieved a higher than average success rate in settling disputed accounts.
This was an interim role arising out of the departure of the previous employee.
2003 - 2015
I have my own IT consultancy practice, and during interim assignments, I undertake ad hoc computer assignments for a range of clients. In particular I advise on virus and pest management; buying and installation of network computers, both ethernet and wireless; web design and maintenance of internet hosted Webs. I am also an authorised reseller of broadband services and Compaq/HP computers.
During 2004, I remarketed the consultancy practice, and in consequence undertook an increased workload. The interim management market was particular lean
during this period.
2000 - 2003
INTERIM FINANCE EXECUTIVE
following assignments were undertaken:
INTERIM FINANCE DIRECTOR - Arbiter Group PLC
This £50m turnover distributor of musical instruments and audio equipment was in need of turnaround or reconstruction following the discovery of fraud. I was introduced as part of the MBI group. The reconstruction necessitated the sale of the major parts of the business to third parties
and the loss of its major distributorship.
Assisting two medium sized firms of accountants and business services providers in a merger and full listing on the stock exchange. The work included preparation of a combined Corporate plan and assisting in the due diligence process and listing agreement as required.
During the process client and billing information was reviewed in a manner not previously undertaken, and in consequence I was able to extrapolate data to show how the firm could improve its profitability by isolating under performing operations.
Ad hoc tasks have included reviewing the business systems and procedures in use by the Technology company (a full IT services company) and recommending changes thereto and implementation of a new computer solution.
Recommended new Management Accounts layouts for the combined enterprise post merger and listing.
ACTING FINANCE DIRECTOR -
Friendly Hotels is a listed PLC and
trades as Choice Hotels Europe. It is affiliated with Choice Hotels Inc.
which has some 4,500 hotels worldwide. In Europe Friendly is responsible
for some 350 hotels including franchises. In January 2001, the Company
went through a Capital Reconstruction, subsequent to which the Finance
Director resigned. The role was to act as Finance Director until the new
FD could join the Company.
FINANCE DIRECTOR -
MANAGEMENT - Aardvark Ltd - London
Aardvark, trading as Ouiset is a ladies
fashion retailer group with 7 stores around the UK. I was introduced by
their auditors to assist in affecting a turnaround for this otherwise
OFFICER - UK2 Limited
UK2 is an internet based company
providing domain names registration services as well as web hosting ,
domain hosting and server hosting. It is a successful business with sales
of £4.2mn in the 6 months to March 2000 and after tax profits of £1.5mn.
In the 3 months since my arrival the company achieved sales of £3mn and
after tax profits of £1.2mn.
2000 CHIEF FINANCIAL OFFICER - Radio Taxicabs
(London) Ltd. London
Radio Taxis is a mutual society providing services to some 2000
radio controlled London black cab taxi drivers. Turnover over
- Implemented Nominal Ledger, budgeting
and cash flow forecasting.
- Recruited new credit controllers and
reduced debtor days from 75 to 56, and borrowing from £1.8mn to
- Assisted Board in reviewing and
implementing new strategy.
- Refinanced medium term funding and
reduced costs in a number of areas resulting in successful turnaround
from Loss to Profit making.
1996 - 1998 GROUP FINANCE DIRECTOR -
Centurion Press Ltd., Rickmansworth.
Centurion is the largest UK print broker
with turnover in excess of £28mn.
- Recruited new Finance team and led an
effective finance function. Accounts produced to audit quality within 14
days of month end.
- Introduced competitive tendering
processes and cut costs in a number of areas including communications,
insurance and banking.
- Refinanced long term and medium term
- Managed ongoing development of systems
and controls. Ensured IT systems development including changing server
platform to Windows NT, and switching to SQL database. Steered company
towards development of Extranet.
- Assisted company towards identification of its competitive strategic
advantage, and prepared corporate budgets.
1989 - 1996 Undertook troubleshooter and corporate recovery roles assisting companies in a
variety of industries including printing, pre-press, film distribution,
vocational training and toys. Principal of Beechwood Management
Consultants, and a D.T.I. consultant. However the majority of assignments
were undertaken on a full-time basis as Finance Director/Chief Financial
- Negotiated successful refinancing of
companies including raising bank finance and re-negotiating with
- Appraised and participated in
acquisition and divestment proposals.
- Finance Director, pro tem, for a quoted PLC operating in the
vocational training market in the UK and USA. Recommended efficient
computerization of financial aid monitoring in the US, and changes
generally to administrative systems.
- Compiled Stock Exchange Listing
particulars for above company.
- C.F.O. of The Last Word Systems PLC, a
computer systems integration house servicing the newspaper, publishing
and pre-press sector. Developed Unix system, renegotiated extended
credit terms, and developed cash flow forecasting models.
- Developed and implemented several
Corporate Strategy plans.
- Designed numerous computer systems;
prepared functional specifications, Invitations to Tender and I.T.
1987 - 1988 JOINT
MANAGING DIRECTOR - A. Pannell Limited
A. Pannell is the holding company for
various diverse subsidiaries. Group turnover approx. £5m. Advised on all commercial
matters. Appointed Joint M.D. of the engineering subsidiary, and Group
Finance Director. Ensured Group
turnaround from loss to profit over an 18 month period.
three year financial plan and negotiated increased bank facility.
Marketed and disposed of large property holding.
- Instigated change in warehouse operating policy
resulting in immediate reversal from loss to profit making.
- Introduced new computer systems and
re-wrote software packages.
- Introduced production control
techniques and project management tools.
1983 - 1986 FINANCE
DIRECTOR - Grosvenor of London
Toiletries manufacturer with emphasis on character
merchandise and own-label. Sales rose from £1.7mn to £5mn over period.
Responsible for building Finance
Department team and managing 12 staff.
- Designed, engineered and implemented a unique
Management Information System to handle sales order processing and
despatch. New computer systems were introduced saving around
- Introduced computerized management
accounts, & cash flow forecasting model.
- Responsible for investment of funds on
money market, and purchase of Foreign Exchange forward contracts.
1981 - 1982 DEPUTY
FINANCE DIRECTOR - British Technology Group
The B.T.G. is a Government venture
capital company. Total income from license and joint venture projects
amounted to £22m. Staff of 21, mainly qualified accountants.
- Assessed all investment proposals and
introduced advanced investment appraisal techniques to Operations
- Controlled treasury functions
involving cash and deposits of £25m
- Also appointed Managing Director of the subsidiary, Finovia Ltd., providing lease finance for high technology
1977 - 1981 ASSISTANT
TO THE GROUP FINANCE DIRECTOR - Imperial Group Plc - London
Following the acquisition of the Howard
Johnson Co. made frequent trips to the U.S.A. to assist in the formulation
of future corporate strategy. Reporting directly to the Group Finance Director, Sir James
McKinnon. Roles held included the following : -
Responsible for the
accounting of the Paper, Board, Packaging & Plastics Division. Sales
of £87m. A hands on role requiring detailed understanding of day to day
- At monthly Board meetings provided
analysis of financials. Prepared medium term plans and budgets.
- Participated in structuring and implementing
reorganisation and rationalisation plans, including divestment of some
GROUP FINANCIAL PLANNING
responsible for Group medium term plans.
- Appraised capital expenditure &
acquisition proposals over £¼m.
- Participated in the evaluation and
acquisition of the Howard Johnson Co., a restaurant and motel chain, for