Time Finance appoints Tracy Watkinson and Paul Hird to the Board

Time Finance

Time Finance plc (LON:TIME), the AIM listed specialist finance provider, has announced the appointments of Tracy Watkinson and Paul Hird as Independent Non-Executive Directors of the Group with immediate effect.

Tracy is an accomplished executive with more than 20 years of finance and commercial experience, and currently serves as Chief Operating Officer of Finance at NatWest Group. She began her career at PwC, before later moving into the finance sector, working for Barclays, UBS and Credit Suisse. Tracy has significant experience as a COO in investment banking and is a business transformation expert. She has served in a number of non-executive and independent chair roles, within the finance and sporting sectors.

Paul has a background of over 30 years in the finance sector, most recently as co-founder and Chief Executive of Leumi ABL, an asset-based lender that provided over £500m of facilities to clients in the UK Mid-Market with assets of over £2.4 billion being funded annually. Paul is a seasoned non-executive and corporate finance professional with a broad base of experience and achievements in senior management, mergers and acquisitions, and strategic business planning.

Tracy and Paul will be joining the Nominations, Remuneration, Audit, and Governance & Risk committees with immediate effect.

Time Finance also announced that after many years of significant contributions to the Board, Ron Russell and Julian Telling, Non-Executive Directors of the Company, will step down from the Board on conclusion of the Company’s AGM to be held on 7 November 2023.  

Tanya Raynes, Non-Executive Chair of Time Finance, said:

“Paul and Tracy both bring highly relevant experience that will benefit the Group and its future at what is a very exciting time for the Company as it continues to deliver on its stated growth strategy including seeking to double Time Finance’s own lending book from June 2021 to June 2025. I am very pleased to welcome them to the Board.”

“I would also like to take this opportunity to thank Ron, who remains a highly supportive long-term shareholder of the Company, and Julian for their contribution to the business over many years.”

Tracy Watkinson, aged 47, holds or has held the following directorships or partnerships in the past five years:

Current Previous 
393 FPR Limited  The British Handball Association
The England Handball Association Ltd  

Paul Grant Self Hird, aged 64, holds or has held the following directorships or partnerships in the past five years:

Current  Previous
PH&HH Consultancy Ltd
Preston Nomads Cricket Club Ltd
Salisbury Court Hove (Freehold) Ltd
Salisbury Court (Hove No 2) Management Company Ltd
Spatial Composite Solutions FZ LLC  
Leumi UK Group Limited
THPH Investments 3 Ltd

Mr. Hird resigned as a Non-Executive Director of Sherwood Environmental Services Limited (“SES”) on 1st June 2006. On 13th June 2006, administration proceedings were initiated against SES pursuant to a winding up petition. Proceedings were concluded on 13 June 2007 and SES was dissolved on 9 January 2009.

Neither Paul nor Tracy currently holds any ordinary shares in Time Finance Plc.

We’ll keep you in the loop!

Join 1,000's of investors who read our articles first

We don’t spam! Read our privacy policy for more info.

Share on:
Find more news, interviews, share price & company profile here for:

Time Finance publishes AGM Notice and Annual Report

Time Finance plc has released notice of its 2025 annual general meeting, scheduled for 10:30am on 6 November 2025 at the Apex City of Bath Hotel.

Time Finance reports record Q1 revenue and profit growth

Time Finance delivered a strong Q1 to 31 August 2025, with profit before tax up 11% to £2.1m and revenue rising 3% to £9.4m. Own-book lending origination grew 30% to £28.5m, while the lending book increased 8% to £221.1m.

Time Finance delivers 34% profit growth in Full-Year results

Time Finance reported strong performance for the year ended 31 May 2025, with profit before tax up 34% to £7.9m and earnings per share rising 31% to 6.3pps.

Time Finance confirms results date and AGM

Time Finance will publish its audited annual results for the year ended 31 May 2025 on 24 September 2025, alongside a Q1 trading update. A live investor presentation will follow the announcement, with the AGM scheduled for 6 November 2025.

Time Finance secures over £250m in funding facilities

Time Finance has increased its total funding facilities to more than £250 million, providing over £95 million in headroom to support its three-year growth strategy through to May 2028. The expanded facilities, backed by eight long-standing funding partners, will help meet continued demand across Asset and Invoice Finance divisions.

Time Finance reports record revenue and profit growth in FY 2024/25

Time Finance plc has reported an 11% rise in revenue to £37.0m and a 34% increase in profit before tax to £7.9m for the year ended 31 May 2025, exceeding market expectations.

Search

Search