Our client is a technically specialised and niche group of companies, involved in developing innovations in medical research and diagnostics within the healthcare sector.
Our Challenge
This group of six separate and individually managed businesses needed financial expertise and advanced accountancy support. Each company was highly reliant on research grants, development funding, and a mixture of private and public investment. Although UK-owned and based, the group has investment connections with China-based partners.
What Kaizen did
We brought the combined expertise of the management teams together as part of our strategy for moving the business forwards and then provided them with the consultancy and advice they were looking for. Each business was made up of sector specialists, clinicians and scientists, as well as business directors, and we provided these groups with detailed but practical business strategy and financial guidance. This covered everything from negotiating complex arrangements for re-claiming R&D tax credits across the various projects within the group of companies, to advising on a new share issue involving Chinese investment partners and shareholders. The Kaizen team provided practical advice and support, actually managing specialised areas such as import taxation and audit certificates. We also secured vital sources of grant financing in business areas where it was available and needed.
Results achieved
- Turnover increased by 400%
- Sourced substantial grant funding and successfully claimed R&D tax relief
- Negotiated successful international finance arrangements
In the client’s own words
"Kaizen is our trusted partner. Darren and the team still look after our group of companies, providing a first-class service which is professional, practical and effective. The strategic and financial advice they are providing is helping us enter new national and international markets. They are sincere, transparent and have a passion for development and success."