1. Group Presentations 8th December 2015

2. Summary FY 2014/15…
Small reduction in revenue to c£3.12M (£3.43M 2012/13)
Operating loss of c£240k
Reasonable start to the Financial year Jul - Dec
Very poor third quarter, almost entirely due to delays on order placement
Improved 4th Quarter

3. Challenges during FY 2014/15…
Primary objective – client satisfaction and retention (Key for future growth) – Always.
Protracted delays on contract award, especially between December 2014 and May 2015
Most likely linked to market uncertainty regarding Scottish Referendum and the National Election
Order intake began to flow again late May 2015
Two very challenging projects which were leading edge
Breaking new technologies
Never been done before
Very high degree of technical accumen required
Both output systems that can be sold to others
Current resource not fully aligned to current business strategy

4. To overcome our challenges we have made the following business improvements
Wide ranging restructure of business
Re-aligned mechanical design department to reflect two facets
Automation Solutions
Handling Solutions
Restructured build department to ensure skills aligned to requirements
Restructured Controls Department to align skills to current requirements
Significantly more diverse PLC skill base
Far less third party input required
Reduced Year on Year Salaried costs by approx £150k
Promotion of Leigh Hollamby to Operations Director
Drive a more focused approach into all operational elements
Promotion of Kristian Richardson to Commercial Director
Proven track record in sales
Provide more focus in targeted sales
Restructure of sales department with introduction of lower level sales engineer role
Objective to gain a speedy return to growth in revenue with a healthy return to profit in 2015/16 FY

5. 2015/16 FY YTD
Improved order intake for first part of FY
Very healthy potential orderbook, orders with high percentage win chance – c£12M
A number of significant project orders expected within next 8-10 weeks
Return to profit within first quarter of FY (July – Sept)
Restructure completed
2015/16 FY To do
Further recruitment into controls team – expand capability to meet clients increasing needs
Further recruitment into sales team – current manpower struggling to keep up with enquiries
Further recruitment into purchasing team – create stronger negotiation and buying power as current department overstretched

6. Key Project Achievements 2014/15 and current
Fully Automated Inspection System for Kohler Mira

7. Key Project Achievements 2014/15 and now
UHP Tank Wheel cleaning system for Van Halteren

8. Key Project Achievements 2014/15 and now
High level Robotic Inspection System for G&W

9. Key Project Achievements 2014/15 and Now
Fully Automated steel profile handling system
for Hadley Industries – Phase 1

10. Return to a healthy profit through business improvements implemented
Key Targets 2015/16
Return to a healthy profit through business improvements implemented
Significant growth in revenue.
Organic and through possible acquisition
Further improve stability through
New clients in new and existing industries
Mix of large, medium and small projects
Client retention
Continue to push establishment of a service business model
New Industries
Through recruitment of appropriate sales resource
Enables us to target new clients outside of our existing network

11. Our focus is to provide Intelligent Production Systems
QM Possess all skills in house to offer turnkey solutions
Automated systems
Test and Inspection Systems
Large and small scale conveying
Pallet handling and transfer Systems
Networked Control Systems
Computer Aided Assembly
Integration into factory systems
Project management
Consultancy and advice
Commissioning and Installation
Service and support
Complete
Solution provider
Under one roof