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CONFIDENTIAL
FOR SALE
646312
158373 / Rightbiz
The company is a Financial Conduct Authority-approved debt collection agency, with a long history of managing early and late arrears activity in motor finance, SMEs, and consumer receivables in the UK and the Republic of Ireland. The company currently serves several prestigious government agencies and a large, blue-chip utility provider.
The company has a strong track record of onboarding and managing purchased non-performing loan portfolios and is one of eight agencies on an industry-recognised panel for HMRC collections.
Our clients are offering the company for sale to facilitate growth under the impetus of new ownership.
Key Highlights
- Diverse range of expertise across a number of sectors, including motor finance, SMEs, consumer receivables, and utilities, provides access to a variety of markets to facilitate growth.
- Strong senior management team in place that has consistently demonstrated its ability to manage multiple clients, operate independently, and drive business growth regardless of shareholder involvement.
- Acquisition presents key opportunities through scaling operations and tendering for higher volumes and a wider range of receivables managed by its core clients within a high-barrier-to-entry sector.
- Could activate the existing lending capabilities within the company to establish a motor finance lending platform with a ready-made servicing capability already in place.
Financial Highlights
- Turnover of £4.4m achieved in YE24, with an EBITDA of £665k.
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Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.
Do not share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.
Send a test amount before you consider handing over a large amount of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.
Be safe, use a Rightbiz Solicitor
Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.
Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.
Be safe, use a Rightbiz Solicitor
Get Solicitor
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