Overview

Priding itself on its exceptional service and ability to meet client requirements, this award-winning company specialises in credit management and debt recovery services.

Alongside its debt collection offering, the business provides a comprehensive tracing, legal and enforcement service to all of its clients via trusted partners.

Having built up the business, our client is now offering the company for sale to facilitate retirement plans.

Client is open to all structured deals subject to terms.

Offers invited.

Key Highlights

– Holds a Consumer Credit Licence and is a member of the Credit Services Association.

– Works with clients across numerous sectors, such as veterinary, business, utilities, publishing and software.

– Benefits from 470 active clients, 70% of whom provide ongoing streams of reliable revenue.

– Strong, long-standing relationships with many blue-chip and prestigious clients.

– Proficient and knowledgeable personnel in place, led by an experienced second-tier management team, who have the capabilities to effectively manage the business and pursue expansion opportunities.

– Additional training and consultancy services available.

Financial Highlights

– Turnover in excess of £615k for YE22, with an adjusted EBITDA of £260k achieved within the same year.

– Projected turnover for YE23 of £734k.

– £300k freehold premises owned by the business, and can be included in the sale, subject to negotiations.

– Projected increase in turnover of 76% between YE19 and YE23.

– Exclusive contracts for international parking and driving infringements for UK & Irish residents representing over 15 tourist cities in place with future contracts for other territories in place or in negotiation.