2024 - 2025 Annual Report
Financial Overview Welcome - Joe Charley
right decision for the long - term . This facility will allow us to expand our capability , redesign operational flow , and scale without constraints . It is a bold investment in Trueline ’ s future . Investment has also been focused internally . Across the finance department , we have reviewed and improved key processes to strengthen our controls , accuracy and visibility . Enhanced resource in credit control has already transformed our customer debt position . Cashflow forecasting has been embedded to support smarter decision - making , and our management reporting will move fully in - house over the coming financial year . We also welcomed Rupert , our Finance Apprentice , who is quickly becoming a valued member of the team as he develops skills that will support the department for many years ahead . As we look toward 2025 / 26 , we do so with confidence . Significant capital investment is planned , strategic projects are underway , and the business is well - positioned to take advantage of new opportunities . The decisions we make today are laying the groundwork for a stronger , more resilient and more ambitious Trueline - one that continues to uphold the values of quality , integrity and family that have shaped this business for more than 30 years .
I am very pleased to have joined Trueline ’ s Senior Management Team this year as Finance Manager . My focus is to ensure that our financial reporting , cashflow management , analytics and day - to - day processes provide the strong and stable foundation the business needs to continue growing within a competitive and fast - moving sector . Like many organisations across the construction and manufacturing landscape , our 2024 / 25 financial year presented challenges . Performance has naturally dipped from the levels seen over the previous three to four years , but the reasons behind this are both clear and industry - wide . What is most important is that these pressures are temporary , and we are already seeing the benefit of the decisive actions taken to strengthen our long - term position . Sustainable growth sits at the heart of Trueline ’ s vision . Over the past year , we have made several strategic decisions designed to protect our financial security , improve efficiency and create a platform for future expansion . These decisions are not always easy , but they are essential to maintaining a resilient business that can continue to invest , innovate and support our customers for decades to come . One of the most significant investments has been the acquisition of land opposite Parker Place - the site of Trueline ’ s future purpose - built manufacturing facility . This development represents a transformational step for the business . While it has required substantial capital and has naturally impacted our reserves , it is the
Joe Charley Finance Manager Joe Charley
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