When the commercial relationship ends, the recovery opportunity begins.
SPECIALIST COMMERCIAL LEDGER RECOVERY
Our specialist audit technology enables us to audit historic commercial ledgers remotely, usually within 48 hours, with minimal disruption to your business and no obligation to proceed.
There may be recoverable value hiding in invoices that have already been paid.
No upfront costs. No obligation to proceed. You see the numbers first.
SPECIALIST COMMERCIAL LEDGER RECOVERY
Who we currently work with
Our service is specifically designed to benefit:-
For Insolvency
Practitioners
For Factoring & Invoice Finance Providers
For Accountants & Advisors
For Solicitors
Business Intelligence Services
Recruitment & Temporary Labour Agencies
Subcontractors
Public Sector
suppliers
WHAT CAN BE RECOVERED?
Potential value attached to every qualifying late payment.
In addition to statutory interest, fixed compensation may be payable on qualifying late commercial payments.
£40
Invoices up to £999.99
Fixed compensation per qualifying late-paid invoice.
£70
Invoices £1,000 – £9,999.99
Fixed compensation per qualifying late-paid invoice.
£100
Invoices £10,000+
Fixed compensation per qualifying late-paid invoice.
HOW IT WORKS
Simple for you. Comprehensive for us.
1- You provide access
to the company’s accounting records:or, where records are incomplete or the software is inaccessible, whatever hard-copy reports exist.
2- We analyse
the ledger and identify every invoice paid outside its due date within the six-year window.
3- You receive a report
typically within days, showing the likely recoverable value before you commit to anything further.
4- If you choose to proceed
recovery correspondence and any necessary legal process is carried out through our instructed solicitors: never in your name, and never requiring you or your staff to handle debtor contact.
5- You are kept informed
throughout and receive the estate’s share of what is recovered.
NEW SPECIALIST SOLUTION
Do you manage commercial receivables?
Paid Ledger Recovery also works with Factoring & Invoice Finance Providers to identify additional recovery value within the client ledgers they already manage.
Your clients may have been paid late without ever recovering the statutory interest and compensation associated with those payments.
Confidentiality and control
You retain full control over which former customers are pursued. Where a debtor’s cooperation on other matters connected to the relationship needs to be preserved, simply flag it and it is excluded from the exercise. All correspondence is handled by our panel of regulated solicitors, so nothing goes out under the client’s own name.
Getting started costs you nothing
There is no fee for the initial ledger analysis and indicative report. You decide whether the numbers justify proceeding only once you can see them.