Virtual Financial Director | Aspreys Accountants

Working with an FD in your growing business

Do you sometimes feel as though you aren’t clear about the direction your business is heading in? SME’s and owner managed businesses often find finance the toughest problem of all. Before you can afford a full-time FD, you still need to know how you’re doing and where you’re going. Having a Virtual Finance Director (FD) with you on the journey enables you to benefit from the services of an experienced business partner with the experience and knowledge to offer you strategic financial insights.

Having one of our directors present during monthly meetings can help with the efficient running of your business. They will be virtually present during key discussions, providing valuable insight and drawing on points that might otherwise go unnoticed.

We’ll help you map the key aspects that underpin your vision: your growth plan or forecast, how you’re performing against it, the metrics you use to track it and the capital structure or investment needed to fund it.

Why use a Virtual FD?

Work with an experienced FD with a proven track record
Flexible and affordable FD’s
Trusted advisors to really solve your challenging problems
Prepare to increase your business valuation and profitability

Ask our team

Virtual FD services

A virtual finance director is an external finance expert who can support and advise your business, enabling you to work with an experienced individual, but not having a full time salary on your payroll. The role of our virtual FD’s is to help your business grow with a clear strategy, improve financial performance, and create future financial plans and targets.

We aim to take the stress out of this and have everything covered for you. The accounts that need to be filed each year will vary depending on the size of your business. All limited companies must file their accounts each year and we can advise on your filing requirements based on the current size of your business.

Financial Reporting

A clear picture of your businesses financials, including identifying profitable opportunities and cost optimisation.

Cash Flow Management

Improving efficiency and effectively tracking cash sources and uses of cash across the business.

Performance Tracking

Identifying key insights into performance, collecting financial data and creating insightful dashboards.

Financial Management / Strategic Planning

Managing business financials and creating strategic plans to support business growth.

Business Planning

Building financial models, forecasts & budgets really give you an insight into the future and shape the decision making process. Business planning covers all these aspects.

Raising Finance (EIS/SEIS)

Dealing with external investors or bank relationship managers can take your time away from the business. Our CFO’s will negotiate the right outcome on your behalf and deal with ongoing relationships.

Angel Investment

Finding angels can be a time intensive process. Through our vast network, Aspreys offers private deal execution to leverage the administrative burden of executing deals privately, allowing you to spend more time on what matters.

Increase Valuation

There are multiple areas a potential buyer will look to evaluate to determine a suitable value and offer for your business. Along with your strategy, it’s key to start preparing your business for sale in advance to maximise value. We assess key valuation metrics and work with you to enhance vital areas of the business, and extract greater value upon sale, typically an increased share value and more suitable and aligned buyers to continue to develop the business in the future.

Prepare For Successful Exit

Having an exit strategy and structuring your business ready for sale, is important to create an attractive proposition for a buyer and maximise your share value. We work with you to determine your key goals and advise you through the process of the transaction. Typically, you only sell a business once, so it’s essential to receive the advice required to maximise transaction value and the longevity of business.

How can a Virtual Finance Director help my business?

Our Virtual FD services include financial reporting, budgeting and forecasting and support for directors and internal finance managers, mentoring and analysis of results.

Virtual FD services give your business momentum and focus where it matters most. Communication is structured, meaning no more waiting until the end of the financial year to discuss key areas of improvement and action points.

Our virtual finance directors can access your business, financial activities and help you make important financial decisions to improve your financial situation, profitability, and tax position. This service is suited to businesses with ambitious owners, wanting to scale and grow their business, requiring the skills and experience of a financial director. This is a cost-effective approach to financial success and sustainability.

Working together, wherever you are

Finances can be difficult to understand for many business owners, so our team of finance directors are here to provide clarity and help your business reach its full potential. Using cloud-based technology and simple workflows, we help you make better decisions and manage your relationships with key investors and other stakeholders.

Whether you’re based in London or across the UK, we’re also able to provide on-site support screen sharing which makes it feel like we’re in the same room. It’s an effective way to talk through spreadsheets and bring numbers to life.

Aspreys accountant sitting on a smart red sofa.

Why Aspreys?

Aspreys provides experts at an affordable price point to really help SME’s on their growth journey.

Personal You are not just a number
INNOVATIVE Everyday we seek to be creative
GROWTH MINDSET Your success means our success. Simple.
TRACK RECORD We’ve helped hundreds of clients succeed!

Meet the team

Find out how our Virtual FD’s can help you grow your business

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What our clients say

Our work is our passion. We are proud of what we achieve every day.

Google Rating

5.0

Based on 20 reviews

Aspreys Accountants and HR

5.0

Mandy Curtis

1670328477

This company is amazing. Highly recommend. Not only are they great at what they do, they go above and beyond on a customer service level.

Richard Barwick

1668167923

As a small, growing business in the building retrofit and decarbonisation sector, I totally recommend Aspreys.

noah morris

1664958844

I have been using Aspreys since setting up my business last year and they have been great! The team are really friendly, always so helpful and quick to answer questions and I would recommend them to anyone looking.

All Things Iyla

1663747543

We have used asprey’s for a number of years & had dealings with Dan, Duncan, Rhiannon, Claire throughout our time & all I can say about them all is they are professional & very friendly, I would recommend them to anybody. They do everything that’s asked & more. They really are a great company & make your life easy regarding all the stresses that come with accounting.

Elaine Eyers

1661347898

I am very impressed with this company. Good communicationand no hassle. excellent.I have dealt with Claire Sandhu and it was a pleasure.

Tor Wright

1653676645

We are a new, fast growing business and since the first day we began using Asprey’s they have provided us with 5* support and service. They go over and above to help you and ensure that you never miss time sensitive deadlines. Asprey’s enabled us to spend our time on more valuable areas of our business without the worry of neglecting the accounts side. They spent one on one time with us to explain in detail how everything works and how we would work together. Asprey’s has taken a very stressful part of the business and made it completely streamlined. The peace of mind we have is totally priceless. We can’t thank them enough!

Paul Brown

1653469246

Having used Duncan Finn from his early days as a sole accountant, I have been using Aspreys for a few years. I have valued his advice and the service that Aspreys offer. I particularly want to give a shout out to Claire Sandhu who is always bright, cheerful and friendly. She is also very professional in her approach and her customer service is exemplary.

F C

1629718753

When you start a business, accounting is never really a priority. As you are probably focusing and getting the business of the ground. Overlooking your accountant/accounting could be a mistake easily avoidable though. After a few chaotic years…to say the least. I made contact with a few different accounting firms and I am glad I picked Aspreys. Daniel was my first point contact, he was calm and reassuring. Well over 1 year down the line I do not regret. The whole team is there to take the hassle away from me. I only see the important information and they are always ahead of the game. I work closely with Rhiannon and with Claire they are providing an outstanding service. I know I am in safe hands this mean I can focus on the business…

Chr. Gyldenløve

1629317525

Aspreys has been helping us for more than a year now keeping up with tax and vat filings. They are always extremely helpful and go the extra mile to answer any questions we have. They seamlessly integrate Xero and Hubdoc making it very easy for us to track the accounts. Would recommend them to both start-ups and larger companies.

Stacey Milburn

1629284201

Have had a great experience with Aspreys so far. They’re so lovely to deal with and have really looked after us ensuring that everything was completely smoothly! Thank you Aspreys.

See all reviews Write a review

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Frequently asked questions

Do you provide onsite support?

We have offices in London and Surrey and we can provide onsite support within 50 miles of these locations.

Is there a minimum time commitment involved?

We have a minimum commitment of 12 months, as we believe it’s important to map out key focus areas to work on over an agreed period of time. We have regular reviews and work together to ensure we’re on track. Naturally, key challenges deserve well thought through decisions and we feel that a minimum of 12 months is required to really see an impact in your business.

Why hire a part-time FD?

Hiring a full time FD can cost a business around £100k per year plus employee benefits. Working with a virtual FD on a part time basis, can be a more cost effective method to helping you reach your goals. It provides you with flexibility and we ensure you are given the support of our experienced FDs, all of whom have proven experience and results.

How would I work with my FD?

At the start of our working relationship we set out the scope of services so you know exactly what to expect. Depending on your level of requirements, you would meet monthly or quarterly with your FD where you will set milestones and action points to ensure you’re on track to meet your business goals.

Who will I be working with?

We have dedicated FDs, with proven industry experience, who will be matched to your business to ensure they can add real value and solve critical challenges.

How often would my FD be working on my business?

We will set out the scope from day one based on your requirements and timeframes. You will have a structured approach and you will be fully aware of the set days and times your FD will be required to work on your business.

Ask our team