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Enterprise

10 Questions for James Farrell, CEO of Sunderland tech firm Clixifix

James Farell of the Houghton le Spring construction tech firm answers our questions

James Farrell, CEO of Clixifix(Image: Clixifix)

James Farell is CEO of Houghton-le-Spring based Saas (software as a service) firm Clixifix, which has seen impressive growth on the back of its platfirm which allows customers in the housing industry to track the progress of repairs and speed up the reporting process. Last week Clixifix was acquired by Norwegian group SmartCraft.

What was your first job (and how much did it pay)? This was at a cat and dog food factory (C&D – still trading!) in Edgeworthstown in County Longford. I was stacking the boxes as a 16 year-old during the summer for about 150 Irish pounds per week. I loved every minute of it. I bought a CD Walkman and some new trainers and gave my mum some money to ‘save’ for me.

What is the best advice or support you’ve been given in business? Notably Barry Smith, a very good friend and major shareholder has been a true source of support over the past 20 years. When we launched our software company in 2012 he always hammered home the phrase let’s not chase the whales here, he would rather have 100 smaller clients than two enterprise ones! The other one was that cashflow was key. I was fortunate that Barry, Leigh and Richard, our founding team were all extremely strong finance executives, it helped enormously to weather some choppy waters (Covid included).

What are the main changes you’ve seen in your business/sector, and what are the challenges you’re facing? We are working in a challenging market from two perspectives. As a software platform purposely built for construction and housebuilders, it’s well-publicised that it’s been a difficult year of trading with headwinds of rising interest rates/material costs, labour shortages, little support from Government with a complex planning landscape. It has undoubtedly slowed and I predict more consolidation among some of the housebuilders and housing associations.

SaaS has changed since Covid, there is an acute focus on profitability or capital efficiency. The investors are looking for hyper growth but not at all costs. There have been a huge number of layoffs in tech who were too optimistic on scale and had to cut back. We were very fortunate that we have been quite prudent and controlled with our overhead, no foosball tables, or hammocks in our office.

What would your dream job be? I think I am very fortunate to love what I do – it helps a lot as being a founder/CEO in a tech company can literally feel like a roller-coaster from week to week. It’s a very steep learning curve too and I have had to reinvent myself and learn new skills depending on the phase/scale of the business.

For a number of years as we found market fit - it was just myself and one software developer and now there are 35 in the team. So, leadership and management comes at you fast. My dream job outside of this one would be to mentor others on similar journeys.

What advice would you give to someone starting out a career in your sector? If it’s in construction I would say listen and watch your peers. I was lucky to have had some amazing mentors/managers/colleagues at Bowey Homes and McInerney who took me under their wing and pushed me out of my comfort zone. Being naturally curious helps too, I wanted to understand who was responsible for what in the team where the next site was, how it was researched, the planning process, commercial decisions, approach to marketing, the sales centre set-up, how they interacted with other departments and how that culminated into a fantastic product on-site. Getting a holistic view of that process is a huge benefit when starting out.