Company
Manolete Partners PLC
LON:MANO
Manolete Partners PLC is the UK’s leading insolvency litigation financing company. Having completed investments in over 1,040 specialist insolvency cases, we are renowned for our unparalleled knowledge of the Insolvency and Recovery sector. Manolete works alongside Insolvency Practitioners from all of the “Big Four” through to one and two partner specialist insolvency and restructuring practices in the regions. Case values range from £20k to over £70m. HSBC provides Manolete with a £25m revolving credit facility - Manolete floated on the London Stock Exchange (AIM) in 2018. The company was founded in 2009 by its Chief Executive, Steven Cooklin, a UK Chartered Accountant.
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Manolete Partners reports 52% earnings jump in maiden interims
The firm reported that its EBIT for the first half rose to £3.3mln from £2.1mln a year ago while revenues climbed 31% to £6.5mln
FTSE 100 closes higher Wednesday; Dow Jones up 1.3%
The UK's premier share index finished over 64 points higher at 6,765
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Insolvency litigation funder Manolete Partners makes fast start to life on AIM
Manolete buys claims from companies that have gone bust, progresses them and then splits the winnings with creditors such as the taxman, staff and suppliers