Directors and Management
Director, Chief Financial Officer & Company Secretary: James Longley
James is a chartered accountant whose career, after leaving Arthur Andersen & Co., has been concentrated on Venture Capital/Private Equity and building growth companies. Subsequently, James worked in the Merchant Banking/Venture Capital Division of Creditanstalt-Bankverein before joining Touche Ross Corporate Finance as a Senior Manager advising on MBO’s, MBI’s and management teams seeking venture capital. In 1989 he co-led the £10.5 million MBI of The Wilcox Group Ltd, one of the UK’s leading aluminum alloy tipping trailer manufacturers. James negotiated the equity, mezzanine finance and senior debt provided by Gartmore, British and Commonwealth Merchant Bank and TSB Bank PLC.
He was also co-founder, director and chief financial officer of BioProgress Technology International, Inc., (BPRG) a VMS and drug delivery system developer using proprietary films, processes and formulations. As part of the management team he successfully raised over US$14 million for the company that was a NASDAQ quoted and regulated company from 1997 to 2002 and was subsequently listed on AIM. The company was consistently in the top five of the highest volume traded shares listed on AIM and reached a market capitalisation of US$250 million.
James was also a co-founder, director, chief financial officer of PhotoBox Limited from 2000 to 2006, a company that merged with its French counterparts, Photoways to create Europe’s Number 1 online photo-finishing business. The group now enjoys a turnover in the region of £150 million and has over 22 million unique users. Private equity investors include Highland Capital Partners, Index Ventures, and HarbourVest. It acquired Moonpig.com in 2011 for circa £120 million.
Concurrently, for much of his career, James has acted and continues to act for and invest in many small to medium businesses together with consultancy and non-executive director roles.
Director: Charles Tatnall - Chief Executive Officer
Charles Tatnall is primarily involved in advising and raising funds for SMEs with varying business activities ranging from advising investment and family wealth companies to reviewing investments and business opportunities together with the management of personal investments. Until 2005 he was consultant to Bolton Group PLC, a UK listed investment company, identifying and conducting due diligence on potential investment and acquisition opportunities from a broad range of industry sectors. These included natural resources, both exploration and production, electronic hardware and software, and biotechnology.
Previously he held a number of positions with public companies in North America and Canada, he was a director and founder of several micro-cap North American listed companies being responsible for general corporate governance and all finance areas in a variety of resource and non resource businesses. Charles was a co-founder and principal of BioProgress Technology Ltd which listed on NASDAQ OTC and later migrated to AIM. Charles held the licence for the North American business of BioProgress though a listed vehicle in North America. Earlier, Charles founded Maceworth Ltd in 1985, one of the largest corporate entertainment companies in the UK in the areas of running sporting event tented corporate villages, marquee hire, corporate sponsorship and conferences.