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Savastute

The practice

One principal. Two current retainers.

Paul Yeates. Fractional FC, FD and CFO for manufacturing and production-led groups. Board reporting and the operating close, on the same retainer.

Twenty years of operational finance in manufacturing, engineering, FMCG, automotive, warehouse and logistics, and professional services. The through-line is costing operations will defend, cash the bank will recognise, and a month-end that does not depend on one person.

Current retainers: a PE-owned international manufacturing group, and an owner-managed contract manufacturer. The practice takes a small number of seats so the principal stays on the work.

Principal
Paul Yeates
FC · FD · CFO
Based
United Kingdom
Monday–Friday, 08:30–17:30 UK
Cost ledger, calipers and a machined part on bone paper.

Where this sits

Not a private office. Not a network match.

Larger firms do adjacent work. The distinctions matter before you write a brief. Longer note in Consultant, not adviser.

Wealth and private office

Rathbones Private Office, The Private Office, Forvis Mazars private client

Personal wealth, pensions, trusts, cash-flow for the family. FCA-authorised because they recommend regulated products.

They do not take the finance seat in a plant. They do not rebuild costing, run a close, or sit with the bank on a working-capital facility.

Mid-tier firms, outsourced finance

Forvis Mazars, BDO, Grant Thornton, RSM, Moore Kingston Smith

Bookkeeping through to FD support as a team product. Useful when you want a bench, tax, and a brand the audit committee already knows.

You buy a firm, not a named operator. The person on the file rotates. Manufacturing costing and a PE pack are extra, not the default.

Fractional networks

The CFO Centre, The FD Centre

The largest UK model: hundreds of part-time CFOs matched to SMEs, typically £2m–£50m, on a managed retainer. Coverage is the point.

You are matched. You do not pick the principal, and you do not get manufacturing-floor costing as a specialism unless the match happens to have it.

Placement and marketplaces

FD Capital, GoCFO, and a long tail of matching sites

Introduce an independent FD or CFO. FD Capital is ICAEW-registered placement. Newer boards match at a wide range of prices and seniority.

The platform is not on the work. Quality is the individual. Some listings start at a few hundred pounds a month — that is reporting, not a finance seat.

Turnaround and insolvency

FTI, AlixPartners, FRP Advisory, Quantuma, Begbies Traynor

Stressed and distressed: options papers, administrations, lender-led work. The right call when the directors’ duties have changed.

They are not a retained FC. If the brief is to keep the close running after a rescue, that is a different engagement.

Named-principal boutiques

Independents and small practices, including Savastute

One operator, scoped in writing, on the client’s ledger. Sector depth instead of a bench. Retainers measured in days, not a product shelf.

No national coverage, no spare partner if the principal is full. Capacity is the constraint, on purpose.

Consultant, not adviser

Strategic finance, cash modelling, entity design and the operating close sit outside FCA product authorisation. Pensions, ISAs and discretionary investment do not. Savastute does the first list and will work with your IFA, solicitor and accountant on the second.

Who is in the room

A network sells coverage. A mid-tier firm sells a brand. A private office sells the family’s capital. Savastute sells the principal on the file — manufacturing, production and professional-services groups, at FC, FD or CFO height.

Selected history

  1. 2026 – present

    Fractional FC, FD and CFO

    Savastute — two current retainers

    • PE-owned international manufacturing group
    • Owner-managed contract manufacturer
    • Retainer, day-rate and FTC as the letter requires
  2. 2018 – 2026

    Group finance director and transformation

    Manufacturing, production–retail and professional services

    • Multi-entity close, costing rebuilds and trade-finance facilities
    • Buy-and-build integration, TUPE and back-office redesign
    • Turnaround of a production, wholesale and retail group
  3. 2006 – 2018

    Operational finance

    Engineering, FMCG, automotive, warehouse and logistics

    • Standard costing, WIP and shop-floor to ledger
    • Working capital, facilities and covenant packs
    • ERP design, integrations and month-end calendars

How the practice is set up

Limited company

Engagements are invoiced by SAVASTUTE LIMITED, company number 17501997, registered in England and Wales. Registered office: 71-75 Shelton Street, Covent Garden, London WC2H 9JQ.

Insurance

Professional indemnity is maintained. A certificate is available to clients and their brokers on request.

Independence

No software referral fees. No junior bench. If a specialist is needed, they are named in the scope before they appear.

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