Case Study 7
Engineering Business
Engineering Business Debt Recovery and Credit Management
An engineering business with three ledgers (GBP, EURO, USD) had combined balances of £643,620, with cash collections reaching £653,882—101.59% of the original balance. The ledger included 193 debtors, and the process concluded with a funder surplus of £300,000 after fees. Upon engagement, the team swiftly backed up the sales ledger and supporting paperwork. Funder disclosure letters were sent to debtors, and a solicitor’s letter ensured proper payment routing. A credit insurance payout of £60,000 on a Euro debt provided additional upside, allowing HMRC to be cleared and a dividend issued to unsecured creditors.
£643,620 combined ledger balance
193 debtors in total
Funder surplus of £300,000 after fees
Swift ledger documentation and risk mitigation
£653,882 cash collections (101.59% recovery)
£60,000 credit insurance payout
Full repayment to the funder
Dividend issued to unsecured creditors
