Cheshire Business Solutions Ltd, has a proven track record in delivering excellent results on behalf of our clients, built on 30 years of industry experience. We provide tailored debt recovery/management solutions to asset based lenders, loan providers and insolvency practitioners across the UK and Europe. We additionally work closely with the clients of asset based lenders and insolvency firms to optimise their credit control processes and recover aged and disputed balances, improving their performance, reducing the level of lending risk and maximising returns for creditors in insolvency situations.
Whether your client has failed or is still trading we are able to offer the follow:
Independent telephone debtor verification is important in establishing the collectability of your debt. This could be as part of your regular due-diligence or to provide security to lenders. We can provide:
A month end reconciliation is an important part of a lenders validation of their security. However, a number of clients struggle to complete a accurate MER.
CBS are able to provide this as service on yours/clients behalf providing you with the comfort that any adjustment/anomalies have been identified and reported.
Whether you’re concerned about the performance of your client or simply looking for an expert opinion on their fundability, CBS can perform an in-depth sales ledger review to assess the potential collectability of the sales ledger and provide all the information a lender needs to make an informed lending decision. This could identify:
We are also able to offer the following services, customised to your/clients requirements:
“I have had the pleasure of working with Nicky for over 15 years on numerous collect outs and suspected fraud cases. She is expert in the field of debt recovery and has no trouble rolling her sleeves up and getting the job done in sometimes difficult circumstances. I have always found her passionate and tenacious in her approach, yet able to maintain professionalism. It’s good to know that in a collect situation, she will leave no stone unturned whilst keeping an eye on cost of recovery v amount involved”.
Tim Smedley - Corporate Risk & Recoveries Manager,
Bibby Financial Services [UK] Limited
“I have worked with Nicky on a number of large Administrations over the last five years and have always found her to be very responsive to our requests for updates on the debtor collection status. She is personable and willing to get her sleeves rolled up to deal with complex issues arising.”
Shona Carragher - Assistant Director, EY Parthenon Turnaround & Restructuring Strategy
“ I have known Nicky in a professional capacity for more than 15 years where she ran a team of collections agents as a supplier to Barclays Bank. It was a huge benefit to the business that she was able to achieve a high recovery rate in a background where the level debt outstanding was challenging. The ability to communicate, problem solve, and her resilience is an asset, and which guaranteed payments that might not have otherwise come in. ”
Zoey Wilson - Senior Recoveries Manager, Barclays Bank Plc