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Aidan Condie is the principal of Collingwood Management and is responsible for all work undertaken by the company. Aidan has been involved in improving the performance of industrial companies since 1973, when he was involved in trouble shooting work
within Dunlop Industrial Group and then Unilever. His first full
turnaround came in 1985, when he managed the finance and logistics
functions of a bulk fluid movement company.
Collingwood
Management was formed in 1991, and traded for two months before
Aidan Condie (proprietor) was head hunted to be director of the
Capetronic UK, the $240m European division of the Capetronic Group.
Aidan restored the European company to profit shortly after joining.
But in 1993 the Capetronic Group was sold to the Ho family in Hong
Kong, the European operation became managed from China. Aidan Condie
then re-started the Collingwood business that has traded continuously
since then.
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'Turnaround'
Project Summaries |
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Electronic components manufacturer (£11m) Aug 94 to May 95 As
CEO returned the company to profit after seven years of losses.
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Engineering company (£10m) Jul 97 to Jul 98 As CEO, moved the
company from break even to £750k profit pa. by improved systems
organisation and strategy. |
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Software group (£10m) Nov 99 to Jun 00 As CFO, moved the company
to positive net worth from negative net worth of £500k, and
raised £4m VC finance. The client has been sold for $22m.
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Collingwood
specialises in improving the commercial performance of client companies.
It operates across all sectors and all sizes of company, although
the bulk of clients are in the £5m to £50m turnover range. All client-facing
work is undertaken by Aidan Condie or Julie Rowlands. The normal level of involvement
is on a two day a week basis, but this can vary with the stage and
requirements of the project and the size and complexity of the firm.
Collingwood
has had almost 70 clients to date, and has two types of client:
- Clients
with temporary financial problems and
- Clients
who are undergoing a period of exceptional growth and/or change
It
is not uncommon for companies with short term financial or operational
problems to improve commercial performance to the extent that a
loss making firm will make 10% pre-tax profit on revenue.
For
firms seeking or experiencing exceptional growth, Collingwood helps
clients design and implement systems and organisational structures
appropriate to their needs.
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