The company is a Financial Conduct Authority-approved debt collection agency, with a long history of managing early and late arrears activity in motor finance, SMEs, and consumer receivables in the UK and the Republic of Ireland. The company currently serves several prestigious government agencies and a large, blue-chip utility provider.
The company has a strong track record of onboarding and managing purchased non-performing loan portfolios and is one of eight agencies on an industry-recognised panel for HMRC collections.
Our clients are offering the company for sale to facilitate growth under the impetus of new ownership.
Key Highlights
- Diverse range of expertise across a number of sectors, including motor finance, SMEs, consumer receivables, and utilities, provides access to a variety of markets to facilitate growth.
- Strong senior management team in place that has consistently demonstrated its ability to manage multiple clients, operate independently, and drive business growth regardless of shareholder involvement.
- Acquisition presents key opportunities through scaling operations and tendering for higher volumes and a wider range of receivables managed by its core clients within a high-barrier-to-entry sector.
- Could activate the existing lending capabilities within the company to establish a motor finance lending platform with a ready-made servicing capability already in place.
Financial Highlights
- Turnover of £4.4m achieved in YE24, with an EBITDA of £665k.
