Ian Smith is the current CEO of 1pm plc. Prior to this, they were the Chief Executive Officer of Time Finance plc from January 2016 to February 2021. Time Finance plc is an AIM-listed business specialising in the provision or arrangement of funding solutions to UK businesses seeking to access the finance they need to realise their growth plans. UK Businesses can take advantage of an extensive portfolio comprising: Asset Finance, Invoice Finance, Loans and Vehicle Finance.Since its launch in 1998, the business has grown rapidly providing £150million of funding annually to 20,000 UK businesses to support their growth. Time Finance operates from five locations across the UK – Bath, Cardiff, Abingdon, Manchester and Warrington.
Before joining Time Finance, Ian Smith was the CFO / COO of Q Chip Ltd from September 2008 to December 2014. Q Chip developed a disruptive technology, based on microfluidics, for the delivery of therapeutic drugs in a sustained-release format. As CFO, Ian helped the company secure over £9m of venture capital and private equity funding and delivered an exit for investors through the acquisition by Midatech Pharma PLC upon Midatech's IPO on AIM, which valued the combined business at £71m post new money.
Ian Smith attended Woodbridge School in Woodbridge, Suffolk, where they obtained their Economics, French, and Geography A levels. Ian then went on to attend the University of York, obtaining their BA Hons in Economics and Politics. Ian Smith has also obtained a certification from the Institute of Directors in 1995 in Diploma in Company Direction.
A direct report to Ian Smith is and James Roberts - CFO.
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