Manufacturing
Operational Turnaround for a Manufacturing Scale-up
Implemented financial controls, governance, and an FP&A function that restored margins and prepared the business for global expansion.
240 bps margin expansion
Startup & Tech
Manufacturing
Product companies where working capital, not the P&L, is the binding constraint on growth.
Manufacturing businesses fail with full order books. Growth consumes cash — inventory, receivables, and capex all fund the next order before it is paid for — and a profitable company can run out of money while the P&L looks healthy.
The instruments that fix this are rarely equity. Working-capital facilities, structured debt, and production-linked incentive schemes are cheaper and faster, and they do not cost ownership. Most founders reach for equity because it is the only instrument they have been shown.
We install the financial controls and FP&A discipline that make working capital visible and manageable, and structure the debt and incentive capital that funds growth without dilution.
How we work in Manufacturing
What the engagement usually looks like
Working capital structuring
Negotiate and structure the facilities that fund the cash-conversion cycle, so growth stops competing with solvency.
Controls, costing, and FP&A
Product-level costing, margin visibility, and the reporting layer that turns a factory into a forecastable business.
Incentive and scheme capital
Identify and secure the production-linked and manufacturing incentives the business already qualifies for.
Capabilities
Where this work sits in the studio
- Debt & Blended FinanceWorking capital, venture debt and blended structures for businesses that should not be raising equity.Read more
- ControllershipThe controls, reporting structures and governance systems that make a company's numbers trustworthy.Read more
- Government Grants & SchemesIdentifying, applying for and staying compliant with the non-dilutive government funding a business already qualifies for.Read more
Looking for the programmes themselves? See which government grants and schemes you qualify for.
Proof
What we have done in this sector
Live mandate · Industrial AI
KLVIN
Industrial AI platform helping manufacturers monitor assets, reduce downtime, and improve efficiency through predictive analytics and IoT.
Talk to someone who knows the sector
Tell us where the business actually is and we will tell you what we would do first. No deck required.