iResolve Group

Background

iResolve Group is a consultancy firm regulated by the Royal Institution of Chartered Surveyors (RICS), specializing in quantity surveying, project management, and commercial services. Established in 2016 as an expansion of iPlan Australia into the United Kingdom, the company offers tailored, high-quality solutions to meet unique client needs.

Key Strategic Focus

iResolve Group provides a holistic commercial function for clients in the energy and construction sectors. Their services include:

Commercial Management: Overseeing financial and contractual aspects of projects.

Contract Administration: Managing contract execution and compliance.

Contract Advice: Offering expert guidance on contractual matters.

Cost and Value Reconciliations: Ensuring project costs align with budgets.

Project Cost Reporting: Delivering detailed financial reports on project expenditures.

Procurement and Tendering: Managing the procurement process and tender evaluations.

Subcontractor Establishment: Facilitating the onboarding of subcontractors.

Financials and Funding

As of the financial year ending December 31, 2022, iResolve Group reported:

Current Assets: £116,502

Fixed Assets: £4,096

Creditors: £38,701

Total Assets: £120,598

Total Liabilities: £120,598

The company has demonstrated financial growth, with an increase in total assets from £113,843 in 2020 to £120,598 in 2022.

Technological Platform and Innovation

iResolve Group employs advanced analytical tools to address commercial challenges:

iCRA Claim Risk Analysis Tool: A proprietary tool that models each claim component and associated risks separately, allowing dynamic adjustments in real-time. This facilitates informed decision-making regarding negotiation positions, claim success probabilities, and resource allocation.

Leadership Team

Michael Farrand: Director - Cost & Commercial

Kenny Boyle: Director - Procurement & Contracts

Thom Farrand: Senior Quantity Surveyor

Sarah Eschner: Sustainable Projects & Innovation

David Garcia: Senior NEC Project Manager

Nikki Steele: Assistant Quantity Surveyor

Competitor Profile

Market Insights and Dynamics

The consultancy sector in the energy and construction industries is competitive, with firms offering a range of services from project management to dispute resolution. The market demands high-quality, tailored solutions to meet diverse client needs.

Competitor Analysis

Key competitors include:

Digital Print Factory Limited: Specializes in business services.

Quayle Dental Manufacturing (Export) Ltd.: Operates in the metal accessories and components sector.

TSC Signs Limited: Focuses on contracting services.

PWM Investments Limited: Engages in property development.

Premier Fish Limited: Provides business services.

Strategic Collaborations and Partnerships

iResolve Group's affiliation with RICS underscores its commitment to professional standards and continuous improvement. This partnership enhances the firm's credibility and ensures adherence to industry best practices.