SYTRUS IN ACTION

We work with high-growth startups and established companies, providing flexible financial management solutions tailored to your business, offering everything from accounts support to CFO-level guidance, customised to your current needs and future plans.

HEAR IT FROM OUR CLIENTS

At Sytrus, we engage with clients through various pivotal stages of their business journey.

Whether it’s laying the groundwork with scalable systems for startups, navigating complexities during periods of rapid growth, or steering through major transitions like expansion, mergers, and digital transformations, we’re there for you.

See some of our case studies below and get in touch if you want to learn more.

At Sytrus, we engage with clients through various pivotal stages of their business journey, helping streamline operations and set them up for growth.

Whether it’s laying the groundwork with scalable systems for startups, navigating complexities during periods of rapid growth, or steering through major transitions like expansion, mergers, and digital transformations, we’re there for you. See some of our case studies below and get in touch if you want to learn more.

“AMAZING, FLEXIBLE SERVICE”

KATIE MACILDOWIE AT ZOE

CONTEXT

We started working with Zoe in 2019, at a total headcount of 27 including a one-person finance department. A family emergency highlighted a key person risk in the department and we started work on an emergency cover basis.

Simultaneously the Company’s financial reporting requirements were growing exponentially, complexity was increasing with grant income and related departmental reporting and audit requirements and though we didn’t know it at the time, growth would soon explode for Zoe.

SOLUTION

We began by completing a backdated review of the previous year’s records and preparing year end accounts for 2018-19. We took care of the operational accounting tasks, allowing a new CFO & People Partner to join in a combined role focusing on fundraising activities and HR.

We made systems and process improvements, including a market assessment of inventory management systems, Cin7 (formerly Dear Systems), we gradually increased our level of support and recommended when it was more beneficial to hire more in-house resources for the team.

RESULT

During our tenure, the Company has grown to over 400 headcount, including 8 full time employees within the finance department and our role has evolved into a flexible partnership.

Zoe is a remote-first team, which makes collaborating closely and staying connected virtually seamless using Slack and Google Meet. Growing with Zoe has been an incredible adventure, and we look forward to what’s still to come!

“I DON’ T KNOW HOW WE WOULD HAVE MANAGED WITHOUT THEM”

ANTONY COLLINS AT GOJI INVESTMENTS

CONTEXT

When we started working with Goji, in 2017, we reported directly to one of the founders, Alex. As an ACCA qualified accountant himself, Alex was spread across every aspect of the business and the accounts department was an unwanted, albeit necessary, distraction.
Over the following years, Goji has grown from a headcount of approximately 6, to a well-funded and thriving Company of 70+

SOLUTION

We started off by completing a backdated bookkeeping and year end accounts preparation exercise for the 2015-16 accounting year, to meet a tight reporting deadline. We took the operational accounting tasks off Alex’s hands and freed him up to focus on the rest of the Company and fundraising their next round of investment.
We then implemented Xero, creating all supplier and customer ledgers and setting up recurring invoices for their SaaS customers, as well as implementing Go Cardless for Xero to enable slick accounting for the automatic receipt of payments they collected.

RESULT

We now report to Goji’s CFO, Ant, and work closely with their in house accounting team. Goji’s investors adhere toa strict reporting timeline so Sytrus ensures the accounts are fully reconciled and that we’ve made the necessary provisions and timing adjustments to close each month within 2 working days of the month end.

We love working with Goji and it’s been a pleasure and privilege to support them grow into the maturing Company they are today, we look forward to the next chapter which is set to involve scaling more rapidly than ever.

“5*, WE WOULD RECOMMEND TO ANYONE”

ALAN THOROUGHGOOD AT OUNO APP

CONTEXT

“Having already outgrown using the services of the bookkeeping team added on by our year end accounts, we were convinced our next move in our growth journey was to hire a finance manager full time PAYE. During the hiring process we came up against a number of hurdles - the breadth of the role we needed filling, the peaks and troughs of the workload, salary expectations and length notice period candidates with sufficient experience had - to name a few”.

SOLUTION

“Once we were introduced to Sytrus, we were convinced by the flexibility of their offering and they started within two weeks of our first meeting. From day one, Sytrus provided close oversight and support to our existing team whilst enhancing our controls, processes and reporting”.

RESULT

“We couldn’t be happier, Sytrus were up to speed on our business model and structure within the first week and we haven’t looked back. As a startup, our requirements change from quarter to quarter and they’re always adapting the services they provide for us, within their fee.
Sytrus is immersed in the early stage VC world and they seem to pre-empt our next issue before we’ve become aware of it ourselves”.

RESOURCES

The Enterprise Management Incentive (EMI) scheme can be a game-changer for UK startups. This guide covers everything from eligibility and setup to ongoing management, ensuring you can leverage the full potential of EMI for your business. Discover how to use EMI to incentivise your team and encourage growth whilst complying with regulatory requirements.
Cap table management is crucial for startups, influencing financial decisions, ownership structure, and investor relations. A well-maintained cap table ensures transparency, aids in future funding rounds, and avoids disputes. In this blog, we discuss how startups can navigate these complexities, ensuring efficient and compliant cap table management.
A great pitch deck not only captures the attention of potential investors but also clearly communicates your startup's vision, value proposition, and growth potential. It's your opportunity to make a strong first impression and convince investors that your business is worth their time and money - we’ll touch on how to make your financial slides pop in the eyes of investors.