We understand the time pressures your firm is put under when you are appointed as administrators on a case, and often one of the more time consuming and labour intensive jobs is that of finalising the debtor book and then collecting the outstanding debtors.

With undertaking regular work for one of the top four Corporate Recovery firms in the UK, we understand that at the outset of an Insolvency case your job is hectic and involves a great deal of time and administration. Of the up most importance is asset realisation. Often one of the more time consuming and labour intensive jobs is finalising the debtor book and realising the book debts.

What we offer 

Respond immediately to your instruction and ensure prompt resumption of recovery action plan. 

Attend the trading premises on day one, if required 

Complete the debtor book records up to trading cessation to audit standard.

Collect all books and records and collate a debtor schedule.

Issue chaser letters and collect outstanding debts in an ethical, professional manner, in accordance with the Insolvency Act. 

Handle basic enquiries from debtors regarding invoice queries – with summary information presented to you on a weekly basis.

Provide you with updating reports as and when you require showing recovery rate and outstanding issues.

 Benefits to your business

Fixed fee structure – all charges agreed up front, in a clear, transparent charging structure allowing for accurate budgeting.

Prompt recovery of debts whilst the information is still current.

Allows your staff to deal with other issues.

Increased efficiency as we specialise in one area of the balance sheet.

Up to date information provided instantly which can be incorporated into reports to your appointee 

No fees on an hourly rate.