In this guide, we’ll explore why recovery should sit at the heart of your quarter-end strategy, the risks of leaving debts unresolved, and practical steps you can take to improve cash flow.
As Q2 comes to a close, businesses across the UK are taking a close look at their cash flow and planning for the second half of the year. Many finance teams and credit controllers are seeing the same pattern repeat itself. Payments are stretching further; customers are holding onto cash for longer, and chasing overdue …
Commercial Debt Recovery Trends to Watch as Q2 Wraps Up Read More »
Age of invoice: 1 year old Principal Sum: £5,000 Days to recover: 7 days The engineering industry is heavily impacted by late payers and serial debtors leaving many firms out of pocket regularly. Despite their best credit control efforts, oftentimes businesses in the engineering industry are left with little choice whether to write off the …
Debt Recovery In The Engineering Industry – Case Study Read More »
Age of invoice: 6 months old Principal Sum: £40,000 Days to recover: 7 days The wholesale industry is an area where businesses must tread carefully with stringent credit control to help mitigate the risk of late invoices and commercial debt. We see many serial debtors and late payers through our work with clients in the wholesale …
Debt Recovery In The Wholesale Industry – Case Study Read More »
Age of invoice: 11 months old Principal Sum: £6,000 Days to recover: 2 weeks A client recently got in touch with the team at Darcey Quigley regarding an 11 month old scaffolding debt. This debt had a value of £6,000. This was a delicate matter as it was vital our client received this payment but …
As we have mentioned in previous blogs having a healthy cash flow is vital if your business is going to grow and thrive. Positive cash flow means you have more cash coming into your business than you do going out and this is good for a number of reasons: Control: With more liquid cash coming …
The infamous Blue Monday is upon us. If you haven’t heard of it before there is an argument that the third Monday of the year is the most depressing day of the year as the post-Christmas blues set in and most new year’s resolutions have fizzled out. We take this with a pinch of salt, …
Age of invoice: 4 months old Principal Sum: £18,000 Days to recover: 2 weeks Our client in the timber industry approached us as they had an outstanding invoice worth £18,000. Once instructed, the team at DQ had the debt actioned within the hour and our Head of Recoveries began negotiating with the debtor. Within …
Debt collection is a subject no business likes to talk about, but it’s important to know how to handle customers who are withholding payment from you for unpaid invoices. Here we share lessons from the very best in the commercial invoice recovery business. Our founder and CEO of Darcey Quigley, Lynne, shares five lessons she …
Age of invoice: 9 months old Principal Sum: £90,000 Days to recover: 3 weeks Construction industry debt recovery experts Darcey Quigley recently recovered £90,00 for a client. Read about our approach and how we can help you. The construction industry write off a huge amount of commercial debts every year, know to be as high …
Debt Recovery In The Construction Industry – Case Study Read More »
