Case Study 5

Logistics and Storage

Pre-Appointment Debt Identification and Recovery Strategy

With an opening ledger balance of £2.3 million, pre-appointment site visits were conducted to gather data and access internal systems and haulage portals. One North identified an additional £300,000 of “fresh air” invoices, on top of £600,000 already flagged by the funder. Early control of the credit function allowed further issues to be addressed. Post-appointment, the team managed logistics on-site, overseeing debtor-held stock repatriation. Within five months, 92% of the ledger was recovered, and 100% of debtor stock (3,000 pallets) was repatriated within six weeks, ensuring full repayment to the funder.