Charles Lumsden read PPE at Oxford before qualifying as a chartered accountant (ACA) with Peat Marwick, now KPMG. He started work at Hambros Bank in 1983, where he was charge of credit analysis before becoming a manager looking after smaller companies across all sectors. In 1986, he became shareholder and main board director with a financial services company, the Levitt Group.
In 1991, he used the twin experiences of banking and the Levitt Group to start his own business as a company ‘doctor’ turning around companies in distress. In 1992, he was introduced to ATI and, as its company ‘doctor’ and shareholder, he reduced overheads, invested in the all-important capital equipment and finally took a controlling shareholding of the business in 2006.
He believes in the importance of culture and of a flat management structure. He is also committed to training and has a 100 per cent record in putting ATI employees through various training programmes.
He only wishes the Government would do more to help small businesses, such as implementing a code for compliance with European Directives, as other European countries such as France do. This would mean that any disputes would be between Brussels and the Government rather than, as at present, Brussels and the individual company.
He lives in Shropshire with his wife, young daughter and two dogs, while his stepson is finishing his degree at New York University. He also farms on a small scale. Outside work, his interests are bridge, skiing (now that his country sports days are over) and cooking.