Are you fed up waiting on a late payment? You’re not alone, and this is why we’ve put together this complete guide on sending overdue invoice reminders and chasing late payment. An effective payment chasing process is simple to set up once and will mean you get paid quicker and improve your cash flow. Late …
Your Guide to Sending Overdue Invoice Reminders & Chasing Late Payment Read More »
Unpaid invoices can be a frustrating problem for any business. They can cause cash flow issues, increase administrative burdens, and strain relationships with customers. With the average SME in the UK being owed £68,413 in unpaid invoices, the soaring numbers of company insolvencies we’re seeing should be no surprise. Thankfully, there are steps you …
Common Mistakes That Lead To Unpaid Invoices & How To Avoid Them Read More »
Choosing the right debt collection agency can be a daunting task, as there are many options available. Facing the issues that come with not being paid on time is stressful enough and you’ll be looking for a simple solution quickly with minimal disruption. Here are some factors to consider when selecting a debt collection agency …
The swathes of companies going bust in the UK show no signs of slowing down as company insolvencies increase 16% in England & Wales and 21% higher in Scotland. March corporate insolvency figures shows 2,457 businesses entered liquidation or administration in England & Wales. This is 16% higher compared to last year and even higher …
More Companies Continue To Fail Due To Insolvency Read More »
Having to contact a business debt recovery specialist for the first time can be daunting for many businesses. The pressure unpaid invoices place on businesses is huge with 440,000 businesses at risk of going bust due to the late payment crisis crippling UK firms, leaving many with no choice but to seek help with business …
Business Debt Recovery Frequently Asked Questions Read More »
The commercial debt recovery process might sound complicated and even daunting if you have never used a debt recovery partner to help you recover commercial debt. We understand this and our simple process is what makes Darcey Quigley & Co’s approach to debt recovery different. The commercial debt recovery process doesn’t need to be difficult …
How Our Process Is 5x Quicker Than Using A Solicitor Read More »
As we enter the new 2023/24 tax year with a host of changes to the way we do things, are you prepared? You see, it’s not only changes to tax that we need to be aware of. The end of the current financial year gives us the opportunity to tie up loose ends with our …
Is Your Business Ready For The New 2023/24 Tax Year? Read More »
The head of the International Monetary Fund has warned of the threat to the global economy after a swathe of banks recently collapsed. The world economy has faced extreme pressure over the past three years with the effects of the Covid-19 pandemic still lingering, the war in Ukraine still sending a ripple effect across global …
2023 Banking Crisis Threatens Global Financial Stability Read More »
A debt recovery agency is a lifeline to many businesses. With late payments for small businesses hitting a two-year high and against the backdrop of soaring company insolvencies there’s never been a more critical time for businesses to successfully recover their unpaid invoices. As a business there are a few things to weigh up …
How A Debt Recovery Agency Can Get Your Invoices Paid Faster Read More »
The total number of company insolvencies registered in England, Scotland & Wales in 2022 was 23,180 — the highest since 2009 and 56 per cent higher than 2021. According to research, over 100 firms in the construction sector could collapse each week. The construction industry is being decimated by bad debt, currently sitting at approximately …
UK Construction Industry At Risk of Failing At Fastest Rate Since Financial Crisis Read More »
