FDYL People

The Executive Team

Neil Muffitt

Managing Partner

Neil Muffitt

Managing Partner 

Neil Muffitt

Interim Experience:

10 years – 18 clients in the following sectors:

  • Construction
  • Utilities
  • Advertising
  • Precision Engineering
  • Distribution
  • Charities
  • Procurement
  • Park Home Operator

Full Time Career:

Insolvency practitioner

FD appointments in:

  • Advertising
  • Direct Marketing
  • E-commerce and web design
  • Importing and distribution

Biography

Neil has spent much of his time recently working with businesses whose relationship with their primary lenders has become strained. By improving communications with banks, other lenders and creditors, he has helped take the pressure off other board members, allowing them to focus on their own jobs.

His recent portfolio has included a £15m residential park home operator, a £40m construction group, a £12m utilities business, a plastics importer and distributor, two independent marketing agencies, a Midlands-based engineering business in nuclear and defence sectors and a Procurement Consultancy working with two top 3 UK charities.

Prior to that, his full time roles were CFO of AIM-listed direct marketing agency, Real Affinity plc, CEO of Ofex-listed e-commerce agency, Ecomextra plc and Group FD of independent advertising agency, Advertising Principles Limited. He qualified as a Chartered Accountant working mainly in insolvency, with Coopers & Lybrand (now PricewaterhouseCoopers).

Neil joined us at a time when we had been told to find alternative bankers and having set about repairing the relationship, he persuaded them to lend us an extra £250k. His objective views on the impact on the group of a failing subsidiary also encouraged the board to bring about a quick sale.

Mark Raven

FD Services Partner

Mark Raven

FD Services Partner 

Mark Raven

Interim Experience:

  • 8 years – worked with > 25 clients including:
  • Financial Services
  • Large food retail
  • Care Homes
  • Manufacturing

Full Time Career:

  • Arthur Andersen Leeds, qualified FCA
  • Spring Ram PLC – £200m manufacturing/distribution
  • Full Circle PLC – £10m manufacturing/retail
  • MD of £5m furniture manufacturer

Biography

Mark has operated at board level in both a full time and interim capacity for over twenty years. During that time he has gained substantial experience of corporate finance and turnaround situations. In recent years this has meant working with clients who typically have had issues with their lenders and where a hands on commercial approach has been required, often in a distressed environment.

His recent interim assignments have included FD roles for a £9m care home group, a £6m technology business and a commercial project for a £15m textile business. In 2006 Mark was CFO at Kwik Save, a £250m food retailer and successfully negotiated the sale of that business in early 2007.

Prior to his interim career, Mark had MD and FD roles in businesses in the furniture and home improvement sectors, during which time he experienced both high growth and distressed situations as well as extensive involvement in acquisitions and disposals.

Mark was involved in my business over a period of nearly twelve months and made a huge positive difference. Because of his skills we were able to negotiate successful trade sales at good prices and repay the majority of our bank borrowings. He is extremely commercial and was able to gain the confidence of the bank and their advisers during an extremely difficult period.

Andrew Hill

Management Information Services Partner

Andrew Hill

Management Information Services Partner 

Andrew Hill

Interim Experience:

  • 7 years – worked with > 25 clients including:
  • Manufacturing: Specialist Engineering, Steel Fabrication, Building Products, Textiles
  • Retail: Pubs and Restaurants, Sports
  • Distribution: Information Technology, Wholesale Distribution Printing, Waste Industry
  • Professional Services: Insolvency, Recruitment/Head Hunters, Training

Full Time Career:

  • BCL Ltd (Chartered Accountants) Leeds, formerly Bates & Co – 7 years
  • Bates Investment PLC – £6m IFA – 5 years
  • Bates Property Holdings – property rental – 4 years
  • Land & Property Developments Ltd – property development – 4 years

Biography

Andrew specialises in analysing financial systems and working practices, identifying improvements to produce meaningful and timely management information. He works closely with owner managers to develop their understanding of the finance function and financial reports. His hands-on approach helps them to identify key performance indicators, improve communication between the organisation’s departments and external contacts.

Andrew’s recent portfolio has included a £13m textile manufacturer, £8m specialist retailer, £7m food distributor, £4m waste recycling plant, £3m steel fabricator, £3m printer.

Prior to joining FDYL in 2003, Andrew was the Financial Controller of a £6m IFA business. Whilst there he worked closely with the owners to grow the company and prepare it for a trade sale. This followed his time as Company Accountant for property development and property rental companies and 7 years in a small Chartered Accountancy practice.

At a time when cash flow was becoming a major problem, Andrew developed a model with key variables to sales and costs that we could amend and update. This enabled us to test ‘what if’ scenarios, identifying if it is possible to reduce turnover but increase profitability. The resulting profit & loss, balance sheet and cash flow forecasts demonstrated to our funders that we had a good understanding of the business model and they agreed to the refinancing structure we put forward to them within 14 days.

James Roach

Recruitment Partner

James Roach

Recruitment Partner 

James Roach

Full Time Career:

FD roles in:

  • Construction
  • Tourism
  • Textiles

Biography

James is a commercially-focused finance professional with experience in supporting a wide variety of businesses, both small and large. He has regularly been “parachuted” into struggling businesses, with cash pressure and/or refinancing requirements, and is equally adept in helping to grow start-up and early stage businesses.

Qualifying as a Chartered Management Accountant (ACMA) in 2006, James quickly rose to the position of Finance Director while still in his 20’s, and has gone on to lead & develop finance teams in a variety of industries. With this experience, he is able to quickly grasp the issues facing a business, and put into place an immediate action plan together with the management team.

James handles the full-time recruitment arm of FDYL, and works closely with businesses and FDYL’s large bank of candidates to put the right people into the right positions. Taking a detailed brief for each assignment, James has the advantage of fully understanding each role he is recruiting for and can quickly evaluate a candidate’s suitability.

Martin Greenshields

Regional Director - South Yorks / East Midlands

Martin Greenshields

Regional Director - South Yorks / East Midlands 

Martin Greenshields

Full Time Career:

  • Thornton Baker (now Grant Thornton) Sheffield
  • Firth Vickers Special Steels (part of the Johnson Firth Brown Group)
  • Padley & Venables, Chesterfield (mining equipment)
  • 3i, Sheffield (venture capital)
  • George H Cook & Co Ltd (special steel stockholder)
  • Hardy Transaction Management Ltd (corporate finance lead advisor)
  • Peak Facilities Ltd (health & safety and asbestos management advisors)

Biography

Martin has always lived and worked in the South Yorkshire area. His most recent assignments include part-time FD roles in a debt recovery business and a leading valve stockholder, recently bought out of a PLC with assistance from private equity funding, and reporting on the viability of a buyout from a receiver.  He has considerable lead advice experience on acquisitions and disposals of companies ranging from a Formula One Composite Manufacturer to a Genetic Screening Centre and for clients such as AIM listed public companies, engineering groups and small private companies.

Prior to his advisory role he spent many years as the Finance Director of a family owned steel stockholder in Sheffield managing the day to day finances of the £7m turnover business and eventually advising on the sale of the company to a privately owned multi-national steel manufacturer.

He qualified as a Chartered Accountant with Grant Thornton in Sheffield.

Our Resources

FDYL Associates

FDYL associates are a proven and handpicked pool of qualified, commercial and pragmatic financial leaders, capable of significantly influencing those around them. Acting as part time or portfolio FDs and FCs, this team of finance professionals have previously held full time senior positions, in public and private companies. They use this experience to guide clients through evidence-based decision-making – analysing and interpreting data rather than collecting and recording numbers.

Interim Finance Directors and Financial Controllers

For full time cover, either short term or project work, we have another team of experienced and flexible interim FDs and FCs. Typically working on assignments lasting for 2 weeks to 12 months, each interim is supported by an FDYL director to ensure a successful outcome.

Management Accounts Team

Fast, accurate and diligent, our management accounts team provide accurate and timely data – the bedrock of decision-making. They ensure that essential back office functions and financial reporting are reliable and controlled.