About Us

Celebrating 15 years of

helping our clients across the UK

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Since being established in 2009 by Glen Morgan FCICM (Grad), the team at Credebt Ltd. have recovered over £750 million for our clients on over 2,500 cases, representing all sizes, industries and scenarios. Over 90% of these cases have resulted in either the Funder being repaid in full or exceeding the Statement of Affairs Figure set for recoveries in an insolvency. 

Our clients include most of the major Invoice Finance Funders, such as HSBC, Close Brothers, Bibby and NatWest, as well as Insolvency Practitioners such as Begbies Traynor, Mazars and Teneo, and Turnaround Specialists

The main reason why Credebt achieve such exceptional success is that everyone in the team has at least 20 years’ experience in Credit Management or Invoice Finance. From the Recoveries Director Rachel Blacker to the Non-Executive Director Jeff Longhurst, they are all senior experts in their field.

And of course, there is the founder, Glen Morgan. Glen’s journey to setting up Credebt began with a distinguished 17-year career in Senior Corporate Credit Management, primarily with large blue-chip companies dealing with significant financial challenges

Throughout his career, Glen brought hundreds of millions of pounds into the organisations he worked for. He did this by improving processes, motivating teams, formulating policies and procedures, and adept negotiations with customers. These strategic moves helped to unclog cash flow bottlenecks and minimise payment delays, ultimately facilitating the improved cash flow

Glen’s professional credentials are a testament to his commitment and expertise. He holds the titles of MCICM Graduate and Fellow of the Institute, and is widely acknowledged as an industry expert.

His influence extends to education, where he has left a lasting mark by writing the Credit Control syllabus for the Chartered Institute of Credit Management (CICM), which currently forms the foundation of studies for CICM students in the UK.

Credebt Certifications

Our Senior Team

Glen Morgan

Managing Director


Glen set up Credebt Ltd in 2009 and has worked in the Collections industry for more than 25 years. He is widely considered an industry expert and is a Fellow of the Chartered Institute of Credit Management.

Glen’s role as MD includes oversight of his senior team, as well as dealing with complex restructurings and insolvencies.

He is a keen rugby fan, although he is now limited to watching as opposed to playing. He regularly goes to see Bristol and England play.

Glenn Hutchinson

Client Relationship Director


Glenn has been with us since 2016. He has over 25 years’ experience in the Invoice Finance Industry, so understands the complex nature of invoice finance cases.

Glenn is predominantly in charge of client relationships with our invoice finance clients, but also assists with reviews of businesses in distress or entering in insolvency.

He has a Diploma in ABFA, a Masters in Business Administration and a Degree in Economics. He is a life-long suffering Walsall fan and has a special interest in Fairtrade. 

Rachel Blacker

Rachel Blacker

Recoveries Director


Rachel has been with Credebt since 2013 and has over 20 years’ experience in Credit Management and is a Member of the Institute of Credit Management (MCICM). 

She runs both our Trading Cases, where we offer Collections and Credit Management assistance for companies in distress and Collect outs where she ensures successful recoveries of funds for the Funders. 

Rachel’s team have an enviable success rate when dealing with collect outs for funders in excess of 93%. 

In her spare time, she enjoys horse riding.

Terence Pugh

Terence Pugh

Regional Director
London & South East


Terence initially joined Credebt in 2019 from a top 5 accounting firm. He is a qualified fellowship accountant with 16 years’ experience in insolvency and turnaround markets, specialising in receivables management for the majority.

Terence is our Regional Director for London and the South East, conducting client reviews and advisory work and also supporting the management of client relationships for the region.

He enjoys football and is a regular at Stevenage FC in League 1. Terence enjoys traveling and keeping fit, with a London to Paris charity cycle for the Royal British Legion Poppy Appeal and Chicago Marathon on the horizon.

Ruth Stanley

Ruth Stanley

Senior Recoveries Manager


Ruth has been with Credebt since March 2023. She has over 24 years of Invoice Finance experience in Credit Control, Recoveries and Credit Risk.

Ruth runs a portfolio of collect out cases for our ABL Clients and ensures that recoveries are maximised at all times with the support of her Team.

She loves to travel – especially on cruises – going to the theatre and to the cinema. Brighton is her favourite seaside getaway and it is where she got engaged.


David Hookings

David Hookings

Recoveries Manager


David joined Credebt in March of 2023 bringing with him over 20 years of experience within the finance industry where the majority of his career has been within Invoice Finance.

During his career he has worked on high-risk and collect-out situations where support has been required.

David has many hobbies and interests from sports, music and TV/film; however can be either found on a golf course or watching his beloved Crystal Palace when he has free time.

Jeff Longhurst

Jeff Longhurst

Non-Executive Director


Jeff joined Credebt as a Non-Executive Director in 2018. He was Chair of the Invoice Finance and Asset Based Lending Board of UK Finance (formerly ABFA) and has over 40 years’ experience in invoice finance – over 20 years as CEO/Managing Director.

He has worked in clearing bank subsidiaries, specialist asset-based lenders and independent invoice finance providers, including setting up and successfully selling his own Invoice Finance Business.

Jeff has an MA in Law from Trinity Hall Cambridge and is a Fellow of the Chartered Institute of Credit Management. Llanelli Scarlets and Golf are his sporting passions.

Howard Teague

Howard Teague

ABL Director


Howard joined Credebt in 2024 with over 30 year’s experience in the ABL and insolvency Industries. He has spent most of his career advising banks and invoice finance providers on large complex ledgers, including contingency planning and recoveries.

Howard is supporting our Invoice Finance, Banking, Insolvency & Turnaround clients with ledgers of all sizes and from all industries.

Howard is well known in the industry from his time running BDO’s Receivables Management Team as well as his time within the Invoice Finance industry at RBS. 

Howard is a keen football fan and supports his local team Bromley.

some of our clients

Get In Touch

We work for Invoice Finance companies, Insolvency Practitioners and Turnaround Specialists throughout the country. If you would like us to contact you to discuss our services please send us your details.

our offices

Bristol Office

Credebt Ltd

Trym Lodge
1 Henbury Road

Manchester Office

Credebt Ltd

2nd floor
3 Hardman Square
M3 3EB

London Office

Credebt Ltd

Hamilton House
Mabledon Place


Credebt Certifications

Credebt Limited: Registered in England Number: 6933734 Registered Office: Trym Lodge, 1 Henbury Road, Westbury on Trym, Bristol BS9 3HQ
Data Protection License Number: Z1837677 | Credit Services Association Membership number: 804

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