Abstracts » Business

Practising what he used to preach: Timothy Brookes: deputy chief executive and finance director, Coline International PLC

Article Abstract:

Timothy Brookes gave up a Peat Marwick partnership to become deputy chief executive officer and finance director at the relatively small firm of Coline International, after assisting the company (as its independent auditor) with listing on the Unlisted Securities Market (USM) of the London Stock Exchange. After the merger of Coline with A. Blundell & Co., Brookes made the move after three offers from Coline's chief executive, David Blundell. He says he made the move because he could not look forward to the monotony of public accounting and believed his salary potential would be greater. Coline International produces: electronic telecommunications and communications devices, electronic connectors for defense applications, and oscilloscopes. Brief histories of Brookes' career and the operations of Coline International are provided.

Case studies, Executives, Corporate officers, Controllership, Brookes, Timothy, Coline International PLC

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Port out, starboard home

Article Abstract:

The UK's Abercrombie & Kent (A & K) is a luxury travel agency which had 1987 sales of 10.7 million pounds sterling. The company began in Kenya, where it ran safaris. Current Finance Director Bob Winder came to the company from Cox & King's, reputed to be the world's oldest travel company. As much as 75% of A & K's clients ask for individually tailored vacations, while the rest of their business comes from package deals. A & K relies on involvement in public relations events, such as the Rhino Rescue Ball, for generation of most new business. The company plans to continue expanding on a worldwide basis.

Travel agencies, Travel agents, Abercrombie & Kent International Inc.

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Making cricket pay its way

Article Abstract:

The careers of three accountants who work for the Hampshire County Cricket Club in Great Britain are briefly described. The Hampshire cricket team currently reports net income of 600,000 pounds sterling annually. Operations to boost this income amount to more respectable proportions are described. Among the profit-maximizing techniques being employed are the construction of marquees, boxes and hospitable rooms (which can be rented by companies for a day of the matches). The membership of Hampshire club peaked in 1978 at 8,000, but has since fallen to approximately 4,500 members.

Economic aspects, Cricket clubs, Cricket, Cricket (Sport), Great Britain

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