Thank you for visiting Excelmate's crowdfunding page. As like the majority of other businesses across the world, Excelmate had a trading nightmare April through July. Fortunately, since the beginning of August, enquiries & bookings are starting to come in again. Excelmate can safely provide support to our remaining & new clients remotely, however, in order to do so we need funding help.
We, Excelmate Consulting Limited, offer specialist support to Microsoft Excel, VBA & Google sheet users. Our base is in North Greenwich, London but we are currently only providing support remotely.
The global COVID-19 pandemic has hit us hard, enquiries dropped off & the decent pipeline of work in March evaporated as projects were cancelled or put on hold. Q2 revenue was down 90% year on year & as a result we furloughed staff, agreed arrangements with creditors, reviewed every expense & after 5 months of lockdown can now see the light.
Fortunately, we have had the support of several key clients who made payments on account back in April & May which allowed us to cover most of the reduced running costs to date, many thanks specifically to CPD Powerlines Limited for helping us out. However, we are now left in a position that we need help.
Typically the service we provide is in demand & so since 2009 repeat business & word of mouth has been sufficient. Once clients learn of our skillset we often get asked to advise, support or manage projects & assist in other areas. For example, the MD Edwin Williams is an accountant (pwc alumni - Assurance & Business Advisory Services) & has held many senior accounting positions so regularly assists on investment sourcing, appraisals, provides part-time or interim FD services & non-exec board level support.
Without doubt, the majority of London and UK businesses could benefit from our support, especially in the current uncertain landscape, which is making it very challenging for businesses to survive. We can help - once initial setup is completed, we are a resource that can be switched on and off as required.
Over the years we have built many templates & systems covering everything from robust global budgeting & cash flow analysis tools to remote staff & in-house bespoke property management tools. We specialise in financial systems & spreadsheets, but automating repetitive tasks, reports & dashboard creation is the majority of our work. The key is that we can help minimise the time you & your staff spend on preparing regular reports so their focus can be on the analysis & interpretation of the reports. Many people are unaware that Excel can be linked to most databases & therefore can become a cost efficient extension for reporting vs. expensive bespoke database customisation options. This can be used to slash monthly reporting deadlines enabling prompt flash reports & making board pack presentations quicker and easier.
Unlike BT business, we have offered payment holidays, early contractual breaks & have done everything we can to help our existing clients in the hope that it will be paid forward.
"I am focusing on getting cash into the business so that we can expand to meet the increased demand & enquiries seen since the beginning of August. I will be bringing support staff back from furlough & channelling all available resource into what we do best: supporting other businesses to get back on top too", Edwin Williams, director.
Before the pandemic Excelmate was expanding rapidly & was looking to take on additional support, including trialling an apprentice. With your upfront support through the pledges we have created here, we hope to be able to:
- support you and your business;
- get Excelmate back on it's feet;
- create new employment opportunities.
COVID-19 has decimated UK & European businesses, Excelmate as a company is slowly recovering, but can be easily scaled up to provide more support to other businesses across London, the UK and Europe.
If there is a different pledge or offer you would like to make, or you think would work, please do not hesitate to message us.
Thank you in advance.