Developing and implementing a strategic plan
The Group’s immediate past performance has been disappointing. However we believe that once corrective action has been taken, we will be well positioned for the future. This is a business that has grown rapidly and we are determined to realise the benefits of the enlarged Group.
Since the announcement on 23 January 2012, our focus has been on immediate actions to improve profitability and cash generation. This work will now lead on to the development and implementation of a strategic plan significantly to improve the performance and financial position of the Group and will be led by Chris Merry as CEO.
Our strategy remains to create, protect and enhance the wealth and well-being of our clients by providing class-leading advice and to remain more closely aligned with our target market than any other UK accountancy firm.
We are, and continue to be, committed to our clients and to our people. Our clients continue to receive the same high level of service that they have always enjoyed. We have won additional clients in both new and existing markets in what continues to be an uncertain economic environment and were recognised as National Firm of the Year in the 2011 British Accountancy Awards. This is a testament to the high quality of our people and the services we offer.