About Us
Celebrating 17 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 £1 billion for our clients on over 3,000 cases, representing all sizes, industries and scenarios. Over 93% 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, or generating significant working capital to fund a turnaround.
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 BDO, Grant Thornton, Teneo and PWC, and lots of independent 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.
Glen and the other directors have now assembled a truly World Class Team as you can see on this page.
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.
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
Director
Head of Advisory & Risk Management
Director Terence is our Head of Advisory & Risk Management based in London, operating UK wide. He leads our client business reviews and advisory projects whilst supporting lender and referrer relationships.
Terence joined Credebt in 2019 from a top 5 accounting firm. He is a qualified fellowship accountant with almost 20 years’ experience in insolvency and turnaround markets, specialising in receivables management.
He enjoys football and is a regular at Stevenage FC, loves to travel in his spare time and runs to keep fit with 6 charity marathons completed and London, Berlin, and Chicago to come in 2026 supporting Sports Aid, Make a Wish UK and Dreams Come True charities.
Andrew Hill
Director North
Andrew joined Credebt in 2025. He started his career within Invoice Finance in 1995 as a graduate trainee with Royal Bank Invoice Finance and for the last 23 years, has helped grow Skipton Business Finance Limited from a new start Factor to a leading provider of invoice finance solutions within the UK.
Andrew was responsible for recruiting, training and managing teams focussed on delivering exemplary client service and risk management.
He is the Director for the North, tasked with fostering and developing the relationships with our clients in the North of England and assisting with business reviews.
Andrew has an ABFA Diploma, has been actively involved within various fraud prevention groups within the industry and has a degree in History.
Outside of work, Andrew enjoys spending time with his family and trying to learn the Guitar, Harmonica and more recently the Mandolin.
Victoria Herd
Director Scotland
Head of Working Capital Projects
Victoria is a senior finance and working capital leader with a proven track record of driving operational transformation, cash flow improvement and Sales Order-to-Cash optimisation across multiple sectors. She previously led national receivables management at Deloitte and has operated at executive level, delivering strategic cash performance and strengthening governance, processes and controls.
At Credebt, Victoria leads the Scotland region while contributing nationally to working capital optimisation and back-office enhancement projects. She specialises in reviewing and refining processes, practices and systems to unlock performance and deliver measurable, commercially focused results.
Based in the stunning Highlands, she enjoys exploring the countryside and beaches on her doorstep with her husband and their two dogs — Alfie, the energetic Springer, and Hugo, the lovable German Shepherd. She is also quietly campaigning for a miniature Highland coo… though that conversation is still under negotiation.
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.
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
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.
Trudie Tucker
Recoveries Manager
Trudie joined Credebt in April 2025, with over 20 years of experience within the finance sector, including 16 years dedicated to credit control and debt recovery.
From managing high-value, multi-currency accounts to resolving aged debt and handling complex reconciliations, she’s built a solid reputation for delivering results and working efficiently across both the private and public sectors.
She is particularly known for her problem-solving approach and client-focused mindset.
Outside of work, she enjoys decorating and living life to the fullest.
Dragana Forbes
Recoveries Manager
Dragana joined Credebt in March 2026. Her expertise spans working capital optimisation, debt analysis, and reporting, with a focus on driving sustainable cash outcomes and maximising returns from distressed and complex ledgers.
She is a CIMA part-qualified Management Accountant with experience in private equity-backed businesses, bringing a disciplined and commercially focused approach to risk and performance.
Dragana is accustomed to operating in fast-paced, high-accountability environments, partnering with senior stakeholders to assess risk, improve cash performance, and support critical decision-making.
As a keen commercial photographer, she supports small independent businesses in building their brand image on a pro bono basis. Her work has been exhibited internationally.
Alison Knibbs
Senior Manager
Advisory & Risk Management
Alison has 25 years’ experience as a Receivables Manager & Risk Specialists for the ABL industry, having started as an auditor in 1999, going on to lead teams of Clerks, Auditors, Risk and Recoveries Managers and Specialist Client Relationship Managers within the banking and independent industry.
Her most recent role has included working very closely with Insolvency and Turnaround Specialists where she is highly skilled in building relationships at all levels of business and throughout all stages of the business cycle. Specialising in helping clients with stressed cashflow situations, helping to assist in strategizing for potential turnaround or alternatively preparing for the best possible collection of all areas of asset funding.
Having worked closely with the outsourcing industry for many years and benefiting from the positive positions their work has generated in all scenarios, she now looks forward to be part of its continued evolution.
In her spare time Alison loves to travel with a particular interest in world history. She enjoys spending her free time with her family.
Glenn Hutchinson
Senior Manager
Advisory & Risk Management
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.
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.
Emma Mackley
Marketing Manager
When Emma joined the team in October 2025, she brought with her over 25 years’ marketing and PR experience across agencies, corporates and public sector organisations.
She leads Credebt’s and our sister company itsettled’s marketing strategy, helping shape how we communicate our value to clients.
Inge Dowden
Executive Business Coach
Inge has been working with the directors and the team at Credebt since 2017. With a degree in International Business, as well as comprehensive coaching qualifications, including DISC and NLP, she supports the business and personal development of the team.
In her spare time she likes to go Nordic Walking, and since her husband retired, they go travelling around Europe while housesitting.
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
Westbury-On-Trym
Bristol
BS9 3HQ
Manchester Office
Credebt Ltd
125 Deansgate
Manchester
M3 2BY
London Office
Credebt Ltd
Hamilton House
Mabledon Place
London
WC1H 9BD
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
