1,522 claims awaiting signature — 1.23 claims per
customer. The chase is 1,234 conversations, not 1,522.
Authority in place — claims we can progress today
14,316
Includes all 9,254 claims the lender has acknowledged: once a
complaint is acknowledged the Letter of Authority remains in force by law, so those
claims carry authority regardless of signature date.
Claims progressing
14,316
80% of the live book
Acknowledged by lender
9,254
complaint accepted
Live claims
17,960
9,877 customers
Concluded
32,959
closed or resolved
Refreshing authority
1,234 customers
1,522 claims where we are collecting an updated Letter of
Authority — 1.23 claims per customer, so this is 1,234
conversations rather than 1,522. These return to active progression as
each signature lands.
Investment
Agreed investment — £500,000
£456,558 received
91.3% of the agreed £500,000 is in.
£43,442 remains to be drawn. Each investor holds 25% of
Your Claims Expert Limited against a £250,000 commitment.
Investor
Agreed
Invested to date
Left to invest
Funded
RM
£250,000
£228,279
£21,721
91.3%
PC
£250,000
£228,279
£21,721
91.3%
Total
£500,000
£456,558
£43,442
91.3%
The £20,000 received on 31 March 2025 was paid by RM and is recorded as £10,000 to each investor by agreement.
Projected return on today's live pipeline
£
Every figure below recalculates from this
number. The £900 default is drawn from FCA publications
and commission actually recorded on cases in the case-management system.
Gross fee pool — 17,960 live claims
£2,424,600
17,960 live claims × £270
fee per successful claim × 50% expected to succeed =
8,980 successful claims. If every live claim succeeded the
pool would be £4,849,200.
The fee is £270 per successful
claim — an average claim value of £900
with a 30% fee charged to the customer, net of VAT.
£900 × 30% =
£270. Every figure below is built from that
one number, so a different average claim value moves them all proportionally.
Investor
Invested
Capital returned
Profit share
Total return
Multiple
RM
£228,279
£228,279
£377,871
£606,150
2.7×
PC
£228,279
£228,279
£377,871
£606,150
2.7×
Of every £1 of gross customer fee: 15p panel law firm25p RM25p PC35p AG — so on a £2,424,600
pool, the panel law firm retains £363,690 and pays
the 85% balance to Your Claims Expert Limited. Capital is returned to the
investors in full before profit is split.
How the split is calculated
Per £100 of gross customer fee
Amount
Gross customer fee
£100
Retained at source by the panel law firm (15%)
£15
Distributable profit
£85
Adjusted distributable profit — the 15% added back
£100
A Ordinary (AG) — 50% × £100 less the £15
£35
B Ordinary (RM + PC) — 50% × £100
£50
The 15% retained at source is added back before the 50/50
split and then charged wholly to the A Ordinary share, so the
investors' half is calculated on the full gross figure rather than on the
balance. That is why £50 of every £100 — £25 to each
investor — is the B Ordinary entitlement. Deed of Addendum clause 12.3.
Basis. Live claim count is today's figure from the table above.
The fee is an average claim value of £900 at
30% net of VAT. The 50% success rate is a
forecast, not a measurement — only 63 of 59,299 claims have so far reached a final
decision, which is too few to measure a rate from. These are projections on
stated assumptions, not a valuation, a forecast of distributable profit, or a
promise of return. Investment figures are drawn from the company bank account
to 2026-08-13.
Cancellation billing
Cancelled customers who owe a fee
1,586 customers · 3,613 claims · £169,625
Work already carried out on these files is valued at £938,624.
Each customer is offered a discounted full-and-final settlement of
£75 for the first claim + £25 for each further claim (VAT included), which totals £169,625.
1,699 customers billed to date; 1,586 bill(s) open. Payment is by bank transfer only.
Customers who owe a fee
1,586
cancelled after cooling-off; signed agreement on file
Claims billed
3,613
cancelled claims with evidenced work
Total amount — work done
£938,624
itemised at contractual rates, inc. VAT
Discounted settlement total
£169,625
82% below the work value
Customers billed to date
1,699
£182,125 invoiced at the settlement figure
Paid to date
£0.00
0 bill(s) settled
Reinstated instead
113
£12,500 of bills withdrawn; claims carry on
Of the 2,141 cancelled customers (5,993 claims):
1,586 customers (3,613 claims) owe a fee: each cancelled after the 14-day cooling-off period, with a signed agreement and dated work on file.
113 customers (274 claims) chose to reinstate their claims instead of paying: their bills are withdrawn and the claims carry on.
35 customers (99 claims, up to £3,850 at the settlement figure) are held for a member of staff before any bill: 19 have a complaint or regulatory flag on file; 6 have disputed the cancellation; 6 are flagged as vulnerable; 5 still have another live claim with us.
407 customers (827 claims) will not be billed: 30 (95 claims) cancelled inside the 14-day cooling-off period; 216 (436 claims) had no billable work on the file (or only claims that had already failed); 145 (273 claims) have no signed agreement on file; 9 (15 claims) are deceased; 7 (8 claims) were held for review and have been written off by the firm.
Every bill is withdrawn while we check if the customer tells us they did not ask us to cancel.
Did not sign a renewal Letter of Authority
Customers who stopped co-operating
916 customers · 1,194 claims · up to £75,650
Their lender needed a fresh Letter of Authority and it was never signed, so work stopped on 28 August 2026.
Each is sent a 14-day notice: sign and the claim carries on at no cost, or the agreement ends under paragraph 7(d)
and they are billed for the work already done (valued at £280,510), settled at
£75 for the first claim + £25 for each further claim. 145 notices sent so far; 0 billed after the notice ran out; 0 signed or otherwise resolved.
Of the 2,347 customers (3,599 claims) whose claims closed this way: 916 have billable
work under their agreement and get the notice; 1 are held for a member of staff (they declined with a reason, replied, or are vulnerable or flagged); the rest are not billed (no billable work under their agreement, another
claim still live, a request still open, our requests may not have reached them, or they responded to us and have been written off).
Claims by lender
Lender
Live
Progressing
Acknowledged
Refreshing LOA
Customers
Concluded
Black Horse Ltd
2,222
1,496
609
472
428
3,539
Motonovo Finance
1,408
1,225
933
33
31
2,329
Santander Consumer (UK) plc
1,175
987
767
18
16
1,508
Volkswagen Financial Services (UK) Limited
1,003
837
704
37
37
2,475
Moneybarn
856
833
729
12
12
696
BMW Financial Services LTD
718
601
453
37
31
1,424
RCI Financial Services LTD
679
580
462
72
45
1,395
PSA Finance UK
643
553
500
11
11
710
brighthouse - administration
606
272
0
0
0
33
Advantage Finance
593
547
485
13
13
412
Lloyds Banking Group
566
389
168
102
91
821
Close Motor Finance Limited
526
464
144
56
41
1,177
Toyota Financial Services (UK) Plc
488
398
234
60
56
1,707
Ford Credit Europe
464
366
290
26
26
1,110
Hyundai Capital UK Ltd
406
360
264
4
4
1,147
FCA Automotive Services UK Ltd
385
244
51
121
94
401
Vauxhall Finance
373
321
177
29
29
1,071
Blue Motor Finance Ltd
298
255
119
9
9
626
Stellantis Financial Services
296
274
239
9
7
290
Oodle Finance
291
262
223
23
22
577
Northridge Finance
276
260
199
5
5
465
Startline Motor Finance
253
237
185
4
4
476
Honda Finance Europe Plc
225
195
175
3
3
527
First Response Finance LTD
221
135
20
76
67
1,021
Fce Bank Plc
216
199
176
8
8
432
Mercedes Benz Financial Services UK Limited
188
140
91
5
5
472
Barclays Partner Finance
178
154
48
19
19
337
Moneyway
131
117
85
2
2
224
Alphera Financial Services
126
111
79
10
7
725
(no funder set)
112
45
0
0
0
299
Specialist Motor Finance Limited
111
98
77
5
5
131
Audi Finance
104
68
31
7
7
113
Bank of Scotland plc, trading as Capital Bank Vehicle Management