Company Company Overview
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The Madiston plc board is as follows:- Tim Simon – Chairman & Chief Executive, Madiston plc In 1982 it opened an office in Hong Kong and by 1991 the company had 8 international offices. CCF moved to the “big board” of the Stock Exchange in 1988, changing its name to Quotient PLC. Quotient made 10 acquisitions including companies in New York, Paris and Sydney. It had over 500 institutions as clients, many of them the world’s largest banks and securities houses. Some of its market leading products are still used today as the core part of financial institutions’ business systems. At its peak, the company employed about 500 people and achieved a pre-tax profit of £4.2M from revenues of £25M. The company, which was started with £1,000 capital, never had any debt and was sold in 1991 for £27.2M to ACT Group. Tim then founded Mondas IT and invested in excess of £2M in the development of new technology financial software specifically designed to manage business processes and workflow in the securities and banking arena. When it was floated in 1996, the company raised c. £1M from institutional investors. The company grew at a good rate and made two acquisitions: Internet technology and accounting systems. Revenue grew from minimal in 1996 to c. £5M in 2004, with over 60 employees and a customer base in excess of 300 including major banks, large corporates and educational establishments. An unexpected boardroom coup caused Tim to leave, and unfortunately the company has gone downhill from there. Follow this link for more on the Mondas story. In 2006 Tim founded Madiston plc, where he is Chairman & CEO, to continue his activity in software and the financial sector, turning also towards consultancy, and mergers & acquisitions ("M&A") in that field. The company now has a broad range of activities from web site design and construction, developing software and web applications, web hosting, consultancy, business planning, corporate finance and M&A. In addition to those mentioned above Tim has a number of other business interests, including property rental, yacht charter, and in the music industry, as set out on this web site www.timsimon.co.uk. Sally Johnson – Director & Company Secretary, Madiston plc In 1992 Sally established her own consultancy business and Mondas became one of her clients, providing financial management and helping to establish their Quality Procedures and Systems (to ISO9000 standard). Her role also included marketing and she was responsible for the packaging and promoting of Mondas' core products, achieving market leading positions in their specialist fields. Sally was Company Secretary for Mondas PLC and all Group companies, working with Tim on the flotation of Mondas on the Alternative Investment Market (AIM) of the London Stock Exchange in 1996, the acquisition of two companies and various fund-raising activities. Professor Brian Scott-Quinn - Non Executive Director, Madiston plc He trained initially as a financial manager with Coats Viyella plc the multinational textile company. He later moved to the City of London where he was a financial analyst with Kidder Peabody Securities Ltd. before becoming a founding shareholder of Ross and Partners Ltd - a privately owned Eurobond trading house which he helped set up. In 1981, he became finance director of Drexel Burnham Lambert Securities Ltd. In 1986, he became strategy advisor to the Chief Executive of Security Pacific Bank. He was a consultant to the London Stock Exchange and on the Market Advisory Panel of Tradepoint Investment Exchange (now Virt-X). Also a consultant to the US Treasury, to a central bank and a number of commercial and investment banks. He was a monetary policy advisor to a former UK Chancellor of the Exchequer, Lord Howe of Aberavon (Sir Geoffrey Howe). In a recent consulting assignment with one of Logica CMG's clients in Dubai he advised on structural re-organisation to enable automation of processes. Share:                
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Started a career in IT in 1968 with IBM as a Systems Engineer. In 1972 he joined a small private client stockbroker Schaverien, Habermann, Simon & Co. as a Partner’s Assistant. 
Sally began her career in marketing with John Wiley & Sons, technical publishers, and full service agency, Owen Advertising. She then joined the Challace Group, a management and training consultancy, extending her business management skills by providing consultancy support in many Senior Business Management Workshops with IT companies to analyse their past performance and future direction; also producing marketing and business plans to DTI approved guidelines. 
