PreAction acts as a strategic partner to insolvency practitioners when it comes to efficient revenue recovery, specifically in the utilities industry.
Our revenue recovery process is designed to deliver swift and effective results.
Our Insolvency practitioner clients have shared with us that they often find the process of revenue recovery can place significant demands on internal resources.
Furthermore, the intricacies of industry-specific contract breaches, technical nuances, and objectives require careful attention.
Our process begins with a thorough analysis of each case, where we take into account the unique intricacies of industry-specific contract breaches, technical complexities, and objectives.
We understand that time is of the essence, and our proven approach is geared towards achieving optimal outcomes for our clients while saving valuable resources.
Why Choose PreAction?
Our primary aim is to reach settlements outside of court, avoiding lengthy legal battles and ensuring a streamlined and cost-effective recovery process.
We understand that every case is unique and demands a customised approach, aligned with the outcomes sought by office holders.
We offer meticulous tailored support to both our broker clients and our IP partners.
Case Studies – Partnering with Office Holders:
Utility Alliance: In Administration
Total value of disputes: £22.1 million
Number of cases: Approximately 2800
Successful Resolution/Closure: 76%
Great Annual Savings Group: In Administration
Total value of disputes: Approximately £25.1 million
Number of cases: Approximately 1950
Successful Resolution/Closure: 30% YTD* (*Not all cases have been worked)
PreAction’s Key Statistics
Current Clients: Approximately 125
Total Value of Disputes: Approximately £56.1 million
Total number of cases settled: 9489
Successful Resolution/Closure: 73%
Work With PreAction
Our service is grounded in professionalism and is designed to complement your expertise, ensuring optimal outcomes for your clients.
If you are interested in organising a call with an insolvency practitioner that has instructed PreAction in the past, to gain some first-hand insight on their experience of working with us, please contact our team on the details below.