Recruitment Debt Recovery

By way of example, we include below the results for our demand letters and winding-up petitions for our leading recruitment client for 2009 and 2010.

2010 - Leading recruitment client

Type of actionAmounts recoveredTotal net cost to client
for recoveries
Average time for recovery
Demand Letters
(51 cases)
£743,666.48£7,737.00Not recorded
Winding up Petitions (6 cases)£144,676.88£020.6 days

By way of example, in 2010 on debtor claims, we recovered a total of £848,343.36 for this client. The total hard cost to the client for these recoveries was £7,737.00.

This represents a 99.09 % return.

2009 - Leading recruitment debt recovery client

Type of actionAmounts recoveredTotal net cost to client
for recoveries
Average time for recovery
Demand Letters
(7 cases)
£115,229.08£5,789.54Not recorded
Winding up Petitions (6 cases)£171,710.46£033 days

By way of example, in 2009, we recovered a total of £288,329.89 for this client. The total hard cost to the client for these recoveries was £5,789.54.

This represents a 98 % return.