Isosceles News

We’ve served as the outsourced finance function for a biotech university spin-out since 2019. Our role includes managing all daily financial transaction processing, consolidating five entities, preparing statutory accounts under IFRS, managing their complex R&D tax claims and supporting the annual audit conducted by a ‘Big 4’ firm. In addition to finance, our HR team oversees their recruitment and onboarding process, and our payroll team oversees their UK payroll.

This medical device client needed help to grow from the start-up phase.  They had burnt most of their cash, so cashflow had become tight; they needed to secure further investment. A Fractional CFO helped them get investment-ready (enhanced accounting practices, business plan preparation, forecasting and scenario modelling) and secured a cash runway for the next 12 months.