Business services

Collection Agencies

Tracing Company Confidentially offered for sale Ref No: CG023 Location:Midlands Asking Price £250,000 Asking price includes: Sales of circa £300,000 per annum Established by its owners this company has been in business for twenty five years. It offers a comprehensive range of bespoke, high quality, efficient, and cost effective debtor tracing services to a broad client base. These include institutions, authorities, credit companies, legal firms, large corporate bodies and private individuals. The firm is a registered member of the Credit Services Association. Customer Service: The business has an active client bank of forty customers. They enjoy a reputation for fast and effective data handling and a particularly high success rate. This has been honed through years of experience and a clear understanding of how to get the best out of the software packages that they use. The company has absolute belief in its own abilities and operates a strict “No Trace, No Fee” policy. There are clear and effective lines of communication with every client who have come to rely on this operation to deliver great results on time every time. Growth and Expansion: This market is constantly growing in line with the increased borrowings of the majority of individuals. Effective credit control and the ability to trace location of errant payers is absolutely key to the success of any company with a large and potentially mobile customer bank. The company would benefit from developing additional key strategic alliances and could generate additional revenue streams by adding debt collection to the portfolio of services. Employees: Two partners, one of which would be willing to stay with the business, One Tracing Manager, Two Tracing Agents, One Administrator

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