Nobody downloaded yet

Cyclermate Consultancy report - Essay Example

Comments (0) Cite this document
Cyclermate Consultancy report Name: Course: College: Tutor: Date: Introduction Theoriginalpurpose of conductingthisreport is to fill in theclient with theup to dateinformation pertaining to theposition of Cyclermate Ltd Company and evaluate whether the company can be made viable in the short term…
Download full paperFile format: .doc, available for editing
GRAB THE BEST PAPER97% of users find it useful
Cyclermate Consultancy report
Read TextPreview

Extract of sample "Cyclermate Consultancy report"

Download file to see previous pages This report will try to establish whether it is possible for Cyclermate Company to clear off its debts and attain financial stability in the near future with the increasingly loss of profitability. Background information Cyclermate Company has been enjoying unprecedented growth in the manufacture of cycles for quite some time. However, the last few years have seen the profits of this company sink sharply resulting from declined sales. The company was started in 1988 by two friends, Lewis Llewellyn and Dai Armstrong who had been in this business of making cycles for more than 20 years.The two friends brought their wealth of experience together and they decided to start a cycle manufacturing business going by the name Cyclermate. Within just a span of slightly more than two years, the firm had expanded to an extent that the two friends decided to acquire premises from where they were conducting their business. With increased demand for their product, the staff also increased considerably but they still insisted on keeping the staff at a skeletal minimum to cut costs. Everything was done manually or through the use of old or effective machinery. Automation was discouraged as they couldn’t justify buying the machines that were to be used in bending of the bars to manufacture these cycles. The issue of quality with these cycles arose when a cycle had an accident and blamed it on the fault of a braking system. Sales have declined and with a few creditors, Linda Llewellyn, who is Lewi’s wife and she demands that her share of the business be given to her and along term loaner, Geraint Williams, who relies on the payments from this loan to take care of his ailing wife. There is much financial pressure on the business and if measures are not taken into place, financial strain could cause the business to close down (Campello, Graham, & Harvey, 2010; Bancel, & Mittoo,2011). To this regard, the chairman Dai Armstrong and Gwyneth Morgan the secretary were tasked with the prerogative of arranging for a meeting with the bank to negotiate the possibility of an overdraft. The bank had already stipulated that this request would be highly unlikely to be considered unless the company provides proof that there would be increased trading to turn around the declining profits. To be able to know for sure whether the company can be capable of turning around and consolidate itself on the financial front in the short run, a full overview and assessment of the country will be done in this report. A SWOT analysis will be conducted to identify the areas of strengths, weaknesses, opportunities as well as threats that face this company. The issue of quality in production will also be illuminated upon. Measures that the company is undertaking to ensure it reverses these negative profits will also be looked into among other relevant issues pertaining to this case. Assumptions made To be able to provide a comprehensive and granular analysis of the company in form of its financial position and other aspects such as production techniques as well as marketing strategies and administration strategies, a number of assumptions will have to be made here. These assumptions are discussed in the following paragraphs. The main assumption is that both the company management and the bank acknowledge that the company had been performing well in the past but the ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
(“Cyclermate Consultancy report Essay Example | Topics and Well Written Essays - 3000 words”, n.d.)
Cyclermate Consultancy report Essay Example | Topics and Well Written Essays - 3000 words. Retrieved from
(Cyclermate Consultancy Report Essay Example | Topics and Well Written Essays - 3000 Words)
Cyclermate Consultancy Report Essay Example | Topics and Well Written Essays - 3000 Words.
“Cyclermate Consultancy Report Essay Example | Topics and Well Written Essays - 3000 Words”, n.d.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document

CHECK THESE SAMPLES OF Cyclermate Consultancy report

Consultancy Report about ( coca cola )

...?Consultancy Report on Coca Cola UK Market Introduction Trivia has it that there are only two words known in all parts of the world, whatever the language of this locality. One of these utterances is “O.K.,” the universal indication of all things being right with the world. The other word is the world’s most popular sizzling soft drink – Coke. This popularity of this drink makes it not unlike the other word “O.K.” insofar as it does, for many people, makes everything right with the world. From its invention in 1886, the brand is still going strong, and is such a success that efforts in the past decade to revise the original formula has met with stiff resistance. In this report, the...
12 Pages(3000 words)Essay

Cyclermate Private Limited Business

...?The Cyclermate Project –Referral Introduction This is a business report about Cyclermate Private Limited. This report has been developed to assess some of the critical organizational issues that the company has been facing. This report includes financial, marketing and human relation analysis of the company. PEST analysis and SWOT analysis of the company has been done to clearly identify the current issues. In financial planning, short term strategies are recommended to face capital structure and liquidity issues. Production planning has been developed to increase efficiency and cost reduction. In human relation planning, few changes are recommended in...
8 Pages(2000 words)Case Study

Individual Management Consultancy Report

...?Report on Management Consultancy to Sunshine Enterprises Executive Summary The report on management consultancy to Sunshine Enterprises is divided into two parts, ‘Reporting on Management Consultancy’ and ‘Observations and Practical Considerations.’ Part I ‘Reporting on Management Consultancy’ deals with the approach to the consultancy project and the structure of the study covering important aspects relating to process and consulting project. Part II ‘Observations and Practical Considerations’ deals with the significant aspects relating management processes followed,...
11 Pages(2750 words)Research Paper


...? Consultancy Report Introduction With the advent of technology, organizations around the world continue to grow in scope, size and scale (Simon, ). These days, companies are accepting projects which are highly convoluted as well as multifaceted in nature (Kerzner, 2013). In spite of that, the necessary advancement required for the organizations to effectively, efficiently and successfully accomplish the projects is yet to be achieved. The areas in which some organizations still lack the required competencies are project management practices, methodologies and policies. As a result of that most of the companies are continually focusing on the single projects to the detriment of the project portfolio as a whole (PMI, 2013... of the client...
15 Pages(3750 words)Essay

Consultancy Report

...?CONSULTANCY REPORT The project consists of the detailed analysis of Al Athnian Company LLC operating in Oman. The report depicts the opportunity in the industrial catering division at Oman and how far Al Athnian Company LLC has been successful in reducing the cost and enhances the profitability margin. The report deals with the problem identification and recommending potential approaches to resolve the problem and exploit the opportunity. The analysis depicted a high level of understanding of the business and the business management activities of Al Athnian Company LLC. The report gives a brief analysis of the industrial scenario within which the firm...
30 Pages(7500 words)Dissertation

LOreal Consultancy Report

...Lecturer L'Oreal Consultancy Report: Contemporary Strategic Issues Assessment of the Cosmetic IndustryIntroduction In today's world beauty products are no longer a luxury but an essential part of the modern lifestyle. Internationally cosmetic manufactures are developing new products to try and stay competitive in a fast growing and very competitive market. This report is developed on a request from L'Oreal executive management to inform them on the current cosmetic industry direction, new innovations and possible new strategies for the organisation. The report is composed of five sections. The first section will give a overview of the cosmetic industry. In part two the...
10 Pages(2500 words)Essay

Consultancy Report

...CONSULTANCY REPORT: NORTH HOOK GAS by Introduction North Hook Gas is a British company that was conceptualized after the government recognized the need to supply energy in the U.K. The government selected a site that was previously used as an oil refinery to set up the new energy firm. North Hook Gas is currently one of the world’s largest liquefied natural gas terminals. The main products or services that are offered by North Hook Gas include the provision of liquefied natural gas through a pipeline that traverses South Wales. Currently, the terminal produces 20 percent of the country’s energy needs. North Hook Gas is a subsidiary of Exxon Mobil (24%), Qatar Gas (67%) and Elf Petroleum (8.35%)...
8 Pages(2000 words)Essay

Sustainability Consultancy Report

... Sustainability Consultancy Report i. Business Insider is the consultancy group that I represent. The group has a diverse portfolio which includes handling local entrepreneurial ventures to overseeing business transactions for multinational companies. In this case, the company usually adapts to the demands of the clients. The consultancy group is made up of different employees whose expertise vary in conformity with the world’s changing demands. Generally, the consultancy firm is versatile enough to meet the demands of most businesses. Given that it has been operational for almost ten years, it has leverage when it comes to handling issues related to business consultancy at any level. ii. Wooden furniture Stores is a business... which is...
8 Pages(2000 words)Coursework

HRM Consultancy Report

...HUMAN RESOURCE CONSULTANCY REPORT By Table of Contents Executive Summary 3 Organisational Change Scenario Analysis 4 Scenario Organisation and Its Upcoming Transition 4 Organisational Analysis in the Scenario 5 Analysis of organisational solutions 7 Theoretical Analysis 7 Introduction 7 Identification of Issues 10 Proposed Solutions to Issues 13 Conclusion 15 References 19 Executive Summary The report covers an organizational situation whereby Akbar and Sons is set to be taken over by BP, and thus organizational changes are set to be implemented. Under those circumstances, some human resource issues arise and have to be addressed adequately to ensure the transition is implemented as...
20 Pages(5000 words)Essay

Cyclermate and Short-Term Measures

...Cyclermate Report Executive Summary The aim of this report is to suggest and recommend short term measures the company can take to inhibit cash leakages that further deteriorate the already precarious situation. The report will focus on key management issues, cost cutting and short term efficiency of production lines. The company will need to project short term gains not exceeding three years and should project a confident and positive growth in profits. The company will need to re-organize the factory space to reduce the disuse in operational area. It is now obvious that besides the factory space, the company has additional open area that is not in use. There was a...
12 Pages(3000 words)Assignment
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.

Let us find you another Essay on topic Cyclermate Consultancy report for FREE!

Contact Us