Manufacturing – Client Corner
Digital accountancy for the manufacturing industry.We take a look at one of our Tech clients, caventou, and show you how we’re working together to change the world.
caventou - WHAT THEY DO and how they do it
WHAT THEY DO
Caventou are a design-led solar technology start-up. They combine renewable energy with aesthetics, to make intelligent self-powering everyday objects. What started as a prototype for Current Table and Current Window, Caventou are now an award-winning entrepreneurial team who are using design to tackle global problems.
Samira says “Why can’t everyday objects be part of the solution in creating a more sustainable world? We all know our current paradigm needs to change, fossil fuels are running out. Yet we need energy to power daily life. At the RCA, Marjan’s award-winning work began a narrative that showed how, when combined with aesthetics, sustainability can be imaginative and playful too. The awards haven’t stopped coming in. Together with Peter we are bringing great products to market that change expectations of what sustainability is and can be.”
HOW WILL THEY CHANGE THE WORLD
With making renewable more accessible for end users and desirable too, the products they develop are directly influencing how we interact with everyday objects. Caventou are looking at how to integrate our digital demands into objects, reducing our basic need on carbon-heavy energy sources, which will have a great impact on future energy requirements.
FUTURE BUSINESS OBJECTIVES
- Be smart with finances whilst product and manufacturing processes are under development
- Accurately manage incomings and outgoings to ensure resources are used effectively
- Raise finance to support pre-revenue phase of operations
- Release product for public sale in September
Marjan’s award-winning work began a narrative that showed how, when combined with aesthetics, sustainability can be imaginative and playful too
caventou & NEXT LEVEL BUSINESSHOW ARE WE HELPING THEM IN MOVING TOWARDS THEIR MISSION
Next Level Business are providing support to Caventou in many different ways. Predominantly we provide effective financial management services and tax advice to Caventou at a time in their operations when mistakes can mean a closed operation.
We’re also pursuing income streams in the form of development funding and investor opportunities, whilst also providing business advisory services.
With Next Level Business support, Caventou has claimed substantial grants (000’s) towards the development of the product, whilst also preparing investor pitch documentation to support future opportunities. Caventou are able to track the effectiveness of each investment through accurately reconciling costs and reviewing cash flows in real-time. Ultimately, we have helped to guide Caventou in the earliest and riskiest time in a business venture’s timeline to mitigate risk and look to reaching their potential.
SERVICES DELIVERED: Digital accountancy services, product development investment services, tax and business advisory service.
WHAT THEY SAID ABOUT US
“Paul has been incredible helping us navigate critical financial challenges. His no-nonsense can do attitude is an absolute asset. Knowing he is there to help now, and can grow with us as our financial challenges become more complex (in a good way) is encouraging to say the least. He never hesitates to go the extra mile.” – Samira, Co-Founder Caventou
Their no-nonsense can do attitude is an absolute asset. Paul never hesitates to go the extra mile
Finalists Hello Tomorrow, Wired Innovation Award Nomination, Finalists Green Challenge, Wallpaper Divine Inspiration Award 2016, Radical Pioneers 2016, Swarovski Emerging Talent Award 2015, Design of the Year – Design Museum 2015.
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