Myrecovery
The Company first engaged with us at the inception of their business in 2014. Founded by two doctors, their vision was to transform the orthopaedic healthcare sector by integrating technology to enhance efficiency and service for both clinicians and patients.
We have had the privilege of supporting the Company throughout its journey—from early-stage development and organic growth to expansion through strategic acquisitions. In 2022, the Company was acquired by a major U.S.-based healthcare organisation. Metric played a key role in preparing the business for sale and supported the due diligence process. We are proud to have continued our partnership with the Company post-acquisition.
During the early years, the Company focused its investment on developing its core technology. We assisted with securing SEIS and EIS funding, as well as successfully applying for and receiving R&D tax credits.
From the beginning, we have been closely involved in the Company’s financial operations, providing accurate and timely monthly reporting. Initially, this reporting was crucial for satisfying venture capital stakeholders; since 2022, it has formed part of the wider group’s financial reporting requirements.
“Metric have been by our side for over 10 years now. They’ve been more than a valued partner during that time providing us with support on payroll, aged payables and full monthly management accounts as well as annual audit service. More than that though Katrine and her team have become not just partners but very much part of our team, offering advice and support as we’ve grown from a small start up to a multinational organisation”.
Following the acquisition, the demands on the Company’s reporting processes increased significantly. We supported this transition by implementing an efficient month-end process that has streamlined the Company’s ongoing bookkeeping. Metric continues to manage all bookkeeping activities and works in close collaboration with the Company’s team. We have also developed customised management reports tailored to the needs of both the Company and its parent group.
“In all of our interactions with Metric they’ve been extremely professional, always available and responsive, completely reliable and extremely diligent. It’s a huge weight off our minds to know our finances are being kept to such a high standard, leaving us the time to focus on building our business. “
It has been incredibly rewarding to support the Company’s journey from its early Seed stage through to becoming part of a multinational enterprise. We are excited to continue our partnership and look forward to the future ahead.
