Results driven CFO with twenty years experience of leading change in Private Equity sponsored businesses. CFO of West Wallasey, a leading player in UK Flexible Rental Market for LCVs. Advisor to Construction Materials Business supporting Strategy, MI Systems and Financing.Prior to this played a key role in the turnaround and growth of a Financial Services Group. Extensive transaction expertise and experience including PE Exit, IPO, M&A (including Buy & Build), Leverage Finance and Restructuring across Support Services, Logistics, FMCG and Financial Services.Commercial and data driven leader with strong track record of driving Revenues and EBITDA.
West Wallasey
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Chief Financial OfficerWest Wallasey Jul 2021 - PresentNorth West UkWest Wallasey is one of the leading players in the UK flexible rental Light Commercial Vans (LCV) market with over £100 Million in annual revenues. It is a long established, successful, and fast-growing family-owned business.
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AdvisorConstruction Materials Group Nov 2019 - PresentCork, IrelandSupporting Business on Strategy, Funding and Management Information. Developed Forecasting and Cash Flow Model.
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Group CfoNm Money Jan 2008 - Nov 2019United KingdomNM Money is one of the UK’s leading providers of ATM and Travel Money Solutions with an estate of over 11,000 ATMs and 190 retail stores. Key player in growing the business both organically and via acquisition from c£5M to c£50M EBITDA (20%+cagr).Significant achievements:-• Used Leadership & Motivational skills to create a Commercially Oriented & Data Driven Finance Team.• Led successful re-financings to fund acquisitions, organic growth and redeem Equity Loan Notes.• Played a… Show more NM Money is one of the UK’s leading providers of ATM and Travel Money Solutions with an estate of over 11,000 ATMs and 190 retail stores. Key player in growing the business both organically and via acquisition from c£5M to c£50M EBITDA (20%+cagr).Significant achievements:-• Used Leadership & Motivational skills to create a Commercially Oriented & Data Driven Finance Team.• Led successful re-financings to fund acquisitions, organic growth and redeem Equity Loan Notes.• Played a key role in successful sale of business to private Equity Sponsor.• Track record in achieving excellent financial performance versus Budget and Prior Years (Group regularly features in Sunday Times Top-Track League Table).• Led numerous M&A Projects covering new business streams and bolt-on acquisitions.• Worked closely with Sales & Operations on Revenue Growth and Vertical Integration. Show less -
Managing Director Europe & Cfo EuropeSirva Worldwide Relocation & Moving Jul 1999 - Dec 2007One of the world's leading global relocation and logistics providers with Revenues of £1.7BN. Private Equity led merger of Allied Pickfords and North American Van Lines in 1999 - listed in 2003.As MD Europe drove change agenda in £200m Division with c2,500 employees operating in 16 countries.• Led development and implementation of European Strategy including organic product line development in UK and geographic expansion in Europe via acquisition.• Executed restructuring programme… Show more One of the world's leading global relocation and logistics providers with Revenues of £1.7BN. Private Equity led merger of Allied Pickfords and North American Van Lines in 1999 - listed in 2003.As MD Europe drove change agenda in £200m Division with c2,500 employees operating in 16 countries.• Led development and implementation of European Strategy including organic product line development in UK and geographic expansion in Europe via acquisition.• Executed restructuring programme to reduce overhead costs resulting in annual savings of £2M+.Successfully Transitioned Pickfords UK business model to an FCA regulated business.As CFO:-▪ Generated additional £10M in Free Cash Flow by instigating major focus on cash across Europe.▪ Replaced Oracle Platform with cost effective operating and finance system on a common European platform. Achieved smooth migration.▪ Oversaw introduction of SOX control environment in European Subsidaries.▪ Addressed objections raised by Pension scheme trustees in relation to the sale of document storage business. Worked with PWC to devise detailed tax planning scheme, saving c£3M.▪ Led a Tender Process for the outsourcing contract for all Insurance, Compliance and Back-Office services for our Irish Insurance subsidiary (Baxendale). Enhanced service offering and reduced cost. Show less -
Divisional Finance And Commerical DirectorJohn Menzies Plc Dec 1994 - Jun 1999Distribution and Aviation Services Group. Turnover - £1.3bn. Led a programme to fully integrate the IT function in this Division which included books, music and video wholesale.▪ Improved IT delivery of projects. Brought structured process to the introduction of new software.▪ Successfully addressed major infrastructure problems, resolving a business critical situation which threatened the entire call centre ordering and sales process. Avoided potential revenue losses of £1M per day. -
Finance Director UkFisher-Price Aug 1985 - Nov 1994World-Renowned $800m US toy company where I was promoted to increasingly more senior positions in Finance to FD UK where I had responsibility for Manufacturing and Sales businesses. Significant achievements include:* Improved quality and timeliness of Customer Services support by enhanced communication processes with Sales Team and National Retailers.▪ Key player in renegotiating Distribution Contract saving £1M annually.▪ Led European demerger of Fisher Price from Quaker Oats… Show more World-Renowned $800m US toy company where I was promoted to increasingly more senior positions in Finance to FD UK where I had responsibility for Manufacturing and Sales businesses. Significant achievements include:* Improved quality and timeliness of Customer Services support by enhanced communication processes with Sales Team and National Retailers.▪ Key player in renegotiating Distribution Contract saving £1M annually.▪ Led European demerger of Fisher Price from Quaker Oats setting up all the support structures.▪ Negotiated and secured key lines of credit with Banks in various European countries.▪ Led analytical support on project which concentrated all European product manufacturing in the UK leading to a reduction in product costs and generating supply-chain efficiencies. Show less
Michael Kingston Education Details
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Finance
Frequently Asked Questions about Michael Kingston
What company does Michael Kingston work for?
Michael Kingston works for West Wallasey
What is Michael Kingston's role at the current company?
Michael Kingston's current role is CFO | Advisor - Private Equity, PLCs, Private Companies.
What schools did Michael Kingston attend?
Michael Kingston attended University Of Limerick.
Not the Michael Kingston you were looking for?
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Michael Kingston
Peterborough -
3ireland.com, dwf.co.uk, dwf.law
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Michael Kingston
Msc Data Science Student At The University Of ManchesterManchester Area, United Kingdom
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