Accounts Receivables Recovery
Our Accounts Receivables Recovery team can assist with any size of portfolio for both volume and value.
Domestic or overseas.
Call Graeme or Witold today for more information.
Working with Insolvency Practitioners and Asset Based Lenders
The recovery of an Accounts Receivable (“AR”) ledger is key to maximising recoveries for Creditors in an Insolvency scenario. In the case of Asset Based Lenders (“ABLs”) recovery of their client’s indebtedness in full is the acid test of the valuation of their collateral. We work with Insolvency Practitioners (“IPs”) and ABLs to formulate a recovery strategy that focuses on maximising recovery for all creditors, both secured and unsecured.
On the larger and/or more complex cases, we take a completely hands on approach and work on the client site, supporting the Insolvency team and Key Company Employees. Our preference is to get involved as early as possible, to ensure that the plan is optimal for the situation and facts on the ground. Upon execution of the plan and recovery has commenced, we provide bespoke reporting to meet your requirements in both format and frequency. By working on-site directly with our clients, we are able to build positive relationships and motivate teams maintaining moral which is key when dealing with business’ which could go into administration. CCICM’s goal is to ensure the entire Accounts Receivables Recovery process is streamlined whilst building and maintaining relationships and positive outcomes.
Our own International Credit Exchange (ICE) enables us to work globally in over 130 countries giving us a local presence and accelerating the collection process. We are able to manage previously unpaid debts by either securing payments or negotiating settlements.
Smaller portfolios are processed in our offices in Porthmadog but will always be overseen by Graeme or Witold.
- View our success story with a worldwide paper manufacturer where CCICM recovered £96m
- View our success story in the Care Home Sector where CCICM recovered up to 80% if the principle ledger
- View our other overseas success stories
Benefits
- Access to a network of overseas legal and debt collection experts via The International Credit Exchange (“ICE”)
- Access to a multi-lingual UK based workforce – a highly trained, competent and motivated team.
- All cases managed from the UK.
- Real time access to management information and case updates via our online portal – you will remain informed.
- We engage on a “no-win no-fee” basis with competitive rates agreed in advance. There are no set up fees or hidden costs other than Legal disbursements.
- GDPR Compliant, Fix Fee Insurance Validation Service
- Fully Insured
- Cyber Secure (CyberEssentials Certifies)
- ISO 27001 & ISO9001 (UKAS Accredited)
- Full compliance to the standard of the:
- Financial Conduct Authority (FCA)
- Fair and Ethical approach
- Worldwide coverage
