Success Story - Rotrex Winches, Working Capital Managament

Working Capital Management

Overview:
Rotrex Group have a turnover of £9m+ and specialise in winching and facade maintenance solutions.

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

Solution:
Sollertia undertook due diligence on financial management on 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
• Allow 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 decision making is now better informed
• Huge benefits are brought to cash flow management
• Rotrex can increase and make better use of working capital

“At a time of major change, Sollertia has provided the solid foundation of which many of our business critical processes have been rebuilt.”