Mountfield Group

The Business

Mountfield Group is a £13m turnover AIM listed business comprising Mountfield, a building contractor and Connaught Access Flooring, a flooring fit-out business.

Listed on AIM in 2008, the two parts of the business have a strong reputation across London and the South East but due to the global financial crisis and subsequent UK recession struggled to achieve the anticipated growth post-listing.

The Situation

Disputes on two legacy contracts had a significant impact on margins in the Mountfield side of the business.

These contracts coupled with a high cost base meant the Group was unable to achieve its desired profit levels and a restructuring of part of the business was needed.

Value Add

Improving the accuracy of cash flow management and forecasting and working with the Directors on growth strategy.

Providing input to a Group strategic review and a cost-cutting plan in 2015 which helped return the Group to profitability.

Completion of the restructuring has allowed the business to grow and increase its profitability in 2016.

Location

Essex, UK

Sector

Construction

Deal

Business Growth

Mountfield Group Logo

Over the past 18 months Chris has provided advice to the Group on some important decisions including a strategic review the Board undertook in early 2015 and when we changed our banking facilities.  Chris has acted as a valuable sounding board to me and to other senior members of the Group’s management.

Andy Collins Mountfield Group