For Insolvency Practitioners

Sell us the whole debtor book. Realise it in weeks, not months.

Working a ledger account by account takes time and prolongs the administration. We take an assignment of the entire book and pursue every debtor with the resource the whole book needs. Where the merits justify it, we litigate. You get a known figure for your progress report and the collection risk passes to us.

Get a valuation Talk to the IP desk

Indicative range within 48 hours. Fixed price after due diligence.
The whole ledger, including aged, disputed and low-value accounts.
Cleared funds to your account on or before completion.

Why IPs sell the whole book to us

Uncollected debtors are rarely worthless. They go unrecovered because working every account properly, including court action where it is needed, costs more time and money than the case can bear.

We take the entire book

We do not cherry-pick the easy balances. Aged, disputed, low-value and set-off-affected accounts all go in one transaction. You do not need to resolve disputes or reconcile the ledger before you sell.

We work it harder and faster

A dedicated collections team with tracing, legal and systems capacity contacts every debtor from the first week. Collection is our core business, not a side task for your case team.

We take court action where it is justified

On a commission basis, the cost of proceedings on mid-sized or disputed balances is hard to justify against a share of the recovery. Because we own the debt, we can issue proceedings wherever the merits support it.

Collection risk passes to us on assignment

From assignment, the debts are ours. Every demand, trace, dispute and court action is taken in our name, at our cost and at our risk, including any costs arising from how we conduct those claims. None of it comes back to the administration.

Early cash into the administration

Rather than waiting months for the ledger to be collected, the administration receives its realisation at the outset, when funds matter most. That money is available to meet the costs of the case and supports an earlier distribution.

A sale you can evidence

Every offer includes a short valuation note. It sets out how we priced the book and how the outcome compares with collecting in-house or on a commission basis. The note supports both your decision to sell and your progress report.

Your three options for a ledger

The same ledger, three ways to realise it.

Collect in-house

Commission collection

Sell to Redwood

Accounts pursued

Those your team has time for

Accounts viable on commission

Every account in the book

Court action

Funded by the administration, if at all

Case by case, subject to cost

Taken by us, at our cost

Cost to the administration

Staff time on the case

A percentage of recoveries

None. We pay the administration.

Collection risk

Stays with the administration

Passes to us on assignment

Value certainty

Unknown until collected

Fixed price, or an agreed share

Case closure

Open while you chase

Open while remittances arrive

On completion (outright purchase)

How the deal is structured

There are two structures, and both take an assignment of the whole book. After reviewing the ledger we recommend one, or quote both so you can compare.

Option 1

Outright purchase

Best for: certainty and a prompt closure.

We buy the book for a fixed price, confirmed after document review. Payment goes in cleared funds to your account on or before completion. The administration has nothing further to do, and you can move to closure.

Best for: Certainty & prompt closure
Payment: On or before completion
Minimums: £25,000 face value

10 or more accounts

Fixed price, paid on or before completion.
Minimum: £25,000 face value across 10 or more accounts.
Every offer includes a valuation note for your file and progress report.

Option 2

Collection share

Best for: books whose value is hard to fix today.

The debts are assigned to us with nothing paid up front. We fund all collection and legal work and pay the administration an agreed share of recoveries every month, typically up to 50%.

Best for: Upside with no up-front cost
Payment: Regular distributions
Split: up to 50/50

Nothing paid up front, with regular distributions.
We fund every collection and legal cost.
Closing option: at an agreed point, we pay a single lump sum for the remaining share, so you can close the case.

Where we help most

Three situations where selling the book outperforms collecting it.

The ledger left behind after a business sale

Book debts are usually excluded from an administration sale. They are either collected by the buyer on commission or left with a case team that has no staff to work them. We take the whole ledger in one transaction.

Aged trade ledgers in liquidation

Creditors' voluntary, compulsory and members' voluntary liquidation ledgers, typically 60 days old or more. They often come with incomplete records, contra balances and disputes raised in the run-up to appointment. We price those issues in, so you do not have to resolve them first.

Fee ledgers from closed independent schools

School closures have risen sharply since VAT was applied to fees, and each one leaves a ledger of unpaid fees owed by parents. School fee recovery is our specialism. We know the contracts and terms, and we deal with families to the conduct standards the sector expects.

How an instruction runs

Four steps, built around the way a case administrator already puts together a disposal file. There is no system integration and no onboarding period.

You send the ledger.

Send the debtor listing (CSV or XLSX), your notice of appointment, and whatever invoices, contracts and statements you hold. Any format is fine, whatever its condition.

We issue an indicative range.

For most books this comes within 48 hours, with a short valuation note explaining how we priced it.

We agree terms and take the assignment.

We sign your standard terms or you sign ours. We prepare the deed of assignment and cover the legal costs on standard-sized transactions.

You receive the funds and close the file.

Cleared funds go to your account on or before completion. We give notice of the assignment to each debtor and handle everything from that point. You receive one closing note for your file.

Meet the debt purchase desk

Speak directly to the people who will handle your instruction. Every listing or enquiry reaches the desk and gets a response the same working day.

Have a book to realise? Start with a free, no-obligation valuation.

Send us the debtor listing and we will come back with an indicative range within 48 hours. If the book is not a fit, we will tell you promptly and explain why.