Credebt was established by Glen Morgan FCICM (Grad) in 2009 and has developed into one of the leading providers of Receivables Management services in the UK.
The reason: all our team members have at least 20 years’ Credit Management or Invoice Finance experience, which leads us to achieve results that others simply can’t.
Since setting up in 2009, we have recovered over £500 million for our clients on over 2000 cases, representing all sizes, industries and scenarios.
Over 93% of these cases, when working for a funder or IP, have resulted in either the Funder being repaid in full or us exceeding the Statement of Affairs Figure set for recoveries in an insolvency.
We operate from 3 offices in London, Manchester and Bristol and cover the whole of the UK.
We have many testimonials on our website as well as over 25 on our MD, Glen Morgan's LinkedIn Profile.
Please do not hesitate to call to chat through any scenario on 08456385256
or email info@Credebt.co.uk
Credebt are full members of the Credit Services Association & UK Finance Associate members.
We are also IFT corporate Members.
Scenarios where we are typically instructed:
Invoice Finance:
Company has entered(or is about to enter) Insolvency and you need your capital back
Business in Distress
Irregular Audit
Fraud Suspected
90 day column of client too high
Client asking for Overpayments or increase in pre payment %
Client has moved into special situations or watchlist team.
Insolvency Practitioners:
Need to assess position for potential Insolvency
Potential Job but not on funders panel
Re Assigned ledger to collect.
Turnaround scenarios for IFT members and banks:
The need to generate cash fast.
Improvements needed to working capital management to effect turnaround.
Order to Cash process review.
Cashflow bottlenecks investigated and resolved
Visit our website www.credebt.co.uk for more details.
The site also contains many Case Studies and Testimonials as well as full details of all our services.
Industry
Accounting, Debt recovery/collection services, Financial and insurance services, Business Services, Credit reporting and debt recovery/collection
HQ Location
Trym Lodge,1 Henbury Road
Westbury on Trym
Bristol, bs93hq, GB
Keywords
Debtor Book RealisationsFactor Collect OutsCredit ControlDebtor Book AuditWorking Capital ManagementOrder to Cash improvementsReceivables Management