Volume
~28 pallets across 600+ SKUs, est. cost value £42k
Challenge
An e-commerce accessories business had ceased trading. Stock was held at a 3PL who needed it removed within a week to release the racking. The administrator needed a clean, well-documented purchase with proof of funds and audit trail suitable for the creditors' report.
Approach
- NDA signed and review pack issued the day of instruction
- Single bid with cleared funds proof within 48 hours
- Purchase documentation drafted to meet the administrator's audit requirements
- 3PL liaison handled directly — no time taken from the IP's team
- Collection completed inside the 3PL's deadline
Outcome
Full stockholding purchased, paid and collected inside 5 working days. The IP closed off the stockholding line in the creditors' report and the 3PL released the racking on schedule.
"Quick, properly documented and zero drama. Exactly what we needed for the file." — Appointed insolvency practitioner