
Sales ledger valuation & Plan B recovery option
- Proposed prepack
- Sales ledger analysis
- Debt and debtor analysis
- Daily sales ledger back up
- Invoice & POD recovery
Outcome
- Enhanced realisations
- Plan B debt recovery ready to commence
- Funder – comfortable, supportive of pre pack and fully repaid
- Administrator – risk free exit
Managing expectations throughout, we were engaged initially to value the ledger. We challenged the initial receivables offer which then resulted in the funder making a risk free full recovery with a resulting surplus for creditors.