Clearview National May 2020 - Issue 222 | Page 67

BUSINESS WE SHOULD ALL LEARN FROM SYSCO’S DEMISE » FOLLOWING THE ANNOUNCEMENT of the failure of systems manufacturer Aperture Trading Ltd, Quickslide chairman Adrian Barraclough says we can learn much for the current times from the demise of the company. “Quickslide was a business partner of Aperture Trading both as a supplier and customer so we were well acquainted with the business and the issues that it faced,” says Adrian. “However, we were also a trading partner of Synseal, the business from which Aperture was formed and it’s worth bearing in mind the qualities that company was based upon and which made it such a success in the early days: and why in due course it went so wrong.” Synseal is widely credited as being an industry ‘disrupter’ when it brought its first products to market. Says Adrian: “In the hands of the company’s founder Gary Dutton and his team, Synseal disrupted the market not simply by undercutting everyone - although initially this was a significant factor - but over time the company grew and took a significant share of the UK window and door business for itself by showing a number of admirable qualities. “For any business to survive, let alone prosper, in normal trading conditions these qualities include good cash reserves, sound financial control, continuous investment, innovative and imaginative thinking, a dynamic, structured management, great products, a dedicated workforce from the cleaners to the senior managers; and crucially, shareholders that care passionately about and who are involved with the business on a day to day basis. “My point is that during the extraordinary circumstances being imposed on all of us during the coronavirus emergency, companies that show the qualities upon which Synseal was based will be the ones that get us through this crisis. I believe passionately in those strengths and they remain at the core of everything that we believe in and do at Quickslide. “We will continue to seek partnerships with companies – suppliers and customers – that also share those attributes because they are the qualities that will not only help to sustain each of us in the short term, they will also enable us to flourish when things return to normal, as they certainly will.” www.quickslide.co.uk Public sector suppliers urged to seek help from local experts Door and window manufacturers and installation companies throughout the UK are being advised to talk to their regional framework partners as quickly as possible if they are struggling to deliver any public sector works, have seen projects paused or are worried about payment. » LHC, THE COUNTRY’S longest running framework provider, is sending information to all approved suppliers on its frameworks with updated advice on how to manage the risks arising from the current COVID-19 crisis. This follows the publication of two policy notes from the Cabinet Office, including one which explained how suppliers should be paid by public sector clients as quickly as possible to maintain cashflow and protect jobs, and even paid in advance in some situations. John Skivington, group director of LHC, said: “The latest Cabinet Office advice allows for a relaxation of procurement rules in some specific circumstances, and encourages councils, social landlords and other public sector bodies to pay suppliers as quickly as possible. You may even be entitled to get up to 25% of the project payment made in advance. “No appointed company should need to struggle alone. Through LHC’s network of local offices we are uniquely placed to provide region-specific reassurance and to support to our appointed companies, including speaking to clients on your behalf. Whatever the problem, we can work it out. Just pick up the phone and talk to your local framework expert – it’s at times like this that these local relationships matter most.” Through its regional business operations, LHC is also helping over-stretched local authorities to source approved suppliers for emergency building repairs and maintenance services. This work is expected to provide a useful lifeline to some contractors whose other projects may be cancelled or temporarily paused. Contact a local LHC office at: https://www.lhc.gov.uk/get-in- touch C L E A RV I E W-U K . C O M » M AY 2020 » 67