We improve the analytical capability of our clients and help them realise successful transactions
We build financial models and other analytical tools to help our clients make sound decisions based on useful, reliable and timely analysis.
HOW WE CAN HELP
We provide a simple solution for bespoke, high quality operational models. We combine a straightforwrd process with competitive and transparent pricing to deliver outstanding models to our customers at great value.
We provide modelling support through the complete life of an asset from project development and bid modelling, through to secondary transactions. We facilitate and perform analysis for optimisation, refinance and restructure.
Our team has experience providing business modelling to businesses from the FTSE 100 to start-ups and from salmon fisheries to TV production; helping them fundraise, complete transactions and strategise. One way we help our clients is through the automation of management and board reporting.
Every member of our team has been financial modelling for over a decade, covering a wide range of industries and types of analysis. We have all worked in industry and have an appreciation of the demands placed on our clients.
A lot of thought, experience and feedback has been put into all of our in-house standards and practices. This allows us to consistently produce robust and user-friendly models that meet our clients' needs and exceed their expectations.
WE WROTE THE BOOK ON MODELLING
Our directors were the primary authors of the ICAEW’s Financial Modelling Code. These guidelines have been either formally or informally endorsed by the top 9 accounting firms and other specialist modelling firms, and are the best available proxy for international financial modelling standards.
WE ARE GOOD VALUE
Combining our experience and tools allows us to deliver work in fewer chargeable hours than our competitors. Being sticklers for the rule book and focused on high-quality deliverables means our end product is unmatched. Putting these together gives our clients industry-leading value.
We have spent years developing our own bespoke modelling and Excel toolkit, which allow us to be efficient with our model build time while helping ensure our models are robust.
WHY USE US
WHAT OUR CLIENTS THINK
The White Box Financial tools have given our investment performance team a leap forward in our ability to both run periodic processes and to evaluate future portfolio compositions. The convenience of being able to call up the White Box Financial team about any modelling or analytical query and receive rapid support has been invaluable.
CHIEF RISK OFFICER
Levi founded WBF in September 2016. He has over 15 years’ experience in engineering, finance and management consulting. His interest in modelling began in 2007 when he worked in corporate finance for International Power (now Engie).
At WBF, Levi’s main focus is delivering modelling projects. His sector experience includes energy, construction, real estate, transport, technology and food.
Outside of project delivery, Levi’s main responsibilities are executing on strategy and developing our tools.
Levi holds a first in mechanical engineering, is a CFA charter holder, runs the modelling subreddit, and organises meetups for modellers in London.
Alex joined WBF in August 2019, moving on from his role as Head of Valuation at John Laing. He started his career with 8 years of financial modelling consulting, touching on a wide variety of industries.
At WBF, Alex’s main focus is delivering modelling projects. His project experience spans the breadth of WBF offerings. He has experience working with clients from FTSE 100 firms to start ups.
Outside of project delivery, Alex's main responsibilities are optimising our operations and training new analysts.
Alex holds a BSc in Mathematics, is a qualified accountant and a member of the ICAEW Excel Advisory Committee.
Theo is a highly experienced and exceptionally skilled financial modeller. He has over 15 years’ experience in finance and management consulting, with a sustained focus on financial modelling and analytics.
At WBF, Theo’s main responsibility is delivering modelling projects. His sector experience includes healthcare, energy, transport, banking, mining and real estate.
Theo is also MD and Founder of Lentran Modelling Solutions, an advisory firm and strategic partner of WBF.
Theo holds a BA(Hons) in Economics and has delivered dozens of financial modelling training courses worldwide.
Bill is regarded as a leading figure in the MENA utilities sector, having advised governments or developers in respect of major projects in every key market in the region. He has over 25 years of experience in project finance.
Bill is founder and managing director of Alderbrook Finance, and prior to that he was head of Project & Infrastructure Finance at Citigroup. He assists White Box Financial in an advisory and strategic capacity.
Bill is a Chartered Accountant and holds a First Class degree in mathematics from Oxford University.
Temporary notice as of April 2022:
Our climate policy has been temporarily relaxed so that we can support a broader set of initiatives that urgently reduce demand for Russian oil and gas, particularly from Europe. Our intention is to help with reducing the extent to which the West finances both sides of the war in Ukraine, in the hopes of a quick return to peace for Ukrainian and Russian people.
We have some capacity to help on a pro bono basis. Please note that our capacity is limited and we need to focus our efforts where they are most effective.
We are open to any requests for assistance that are in line with our capabilities and are likely to be useful in urgently reducing demand for Russian oil and gas. We anticipate that this could include helping companies in Europe assess options such as:
Demand management for energy consumers.
Bringing new electricity generation online faster, e.g. paying for faster construction or phased commissioning of renewables projects.
Electricity generators considering the options of temporarily increasing output (e.g. running harder or delaying/reducing maintenance), or sourcing fuel from different places.
Similarly temporarily increasing output of resource extraction and processing facilities.
We may be able to help with ideation, considering ways that your team could assess options, or performing analysis. As mentioned above, we need to focus our efforts where they are most effective - so if we are to spend substantial time performing analysis for you then it would need to relate to initiatives that could have a large impact.
If you would like to request pro-bono modelling support, or if you are able to join us in providing the same, then please contact us using the form at the bottom of this page. If possible, please provide some information about the help that you could use and any sort of quantification of the potential benefit.
For the avoidance of doubt:
Our climate policy is only relaxed to the extent required to facilitate the assistance described above.
During this period of temporarily relaxed climate policy, we are able to support individual projects that relate to fossil fuel extraction, transport and use; including short-term increases in production.
It remains that we will not support any initiatives that relate to capital expenditure which is expected to facilitate long-term fossil fuel extraction, transport or use; including exploration, development or expansion of related assets.
The change is temporary. When this notice is removed, we will resume adherence to all aspects of our climate policy as described below.
White Box Financial is committed to being a force for good.
We help other business to develop projects, improve their operations and make decisions. The initiatives we support have a footprint that is orders of magnitude greater than our own. Our guiding principle here is that we do not support initiatives that have a broadly negative impact on humanity or the environment and where, in our opinion, viable positive or less harmful alternatives exist.
As a matter of policy:
• We do not support individual projects or assets in the following areas:
o Electricity generation from burning fossil fuels, including coal, oil and gas.
o Exploration, extraction or processing of fossil fuels.
o Infrastructure that primarily exists to support any of the above, for example railways or ports that were clearly
developed to enable coal mines.
o Long-distance fuel pipelines.
• For organisations that own or operate multiple assets, including any assets in the areas above:
o We will support them on individual projects in other areas. For example, if an energy company owns a coal
fired power station, we will assist them with the development of solar and wind projects.
o We will only support them with group or portfolio-level assistance if they have committed to the UNFCCC Climate
Neutral Now pledge, or another pledge that is equal or stronger in all respects, and are living up to it.
This policy is intentionally simple and prescriptive. It targets the harmful projects that we are commonly invited to work on. We recognise that fully evaluating the merit of an individual project would require more nuance and there may be rare situations where this policy prevents us from working on projects that do align with our values – we accept this and do not make exceptions.
GET IN TOUCH
Whether you have a big project or just need some modelling guidance, our team loves to learn about new projects and businesses. Please do get in contact.
Email us firstname.lastname@example.org
Call us +44 (0) 208 123 7960