Darcey Quigley March Roundup
Welcome to Spring!
As we get closer to the Easter break, getting in touch with debtors can become more difficult. That’s why our team are here to help! We work tirelessly to get your business paid, increase cash flow and support your business’ credit control process.
Read all about what’s been happening in March below.
Debt Awareness Week
From 24th – 28th March 2025, the charity Step Change shared their Debt Awareness Week campaign. The aim of the campaign is to raise awareness of debt and offer solutions available to help. As commercial debt recovery experts, Darcey Quigley & Co took this opportunity to share our top 5 pieces of advice for businesses to help their debt recovery efforts.
- Don’t delay in following up on overdue invoices. The quicker you act, the higher your chances of recovering debt.
- Checking a businesses credit limit helps protect your cashflow and avoid payment issues.
- Ensure your credit terms are clearly defined and supported by a formal contract.
- Maintaining professionalism with debtors helps protect your reputation and ensures smoother resolution.
- Use a third-party debt recovery company for efficient payment collection and maintaining business relationships.
Read more about Debt Awareness Week here.
Interest Rates Remain the Same – Spring Statement Released
Wednesday 26th March, saw the release of the UK government’s Spring Statement. This announcement gave Chancellor of the Exchequer Rachel Reeves an opportunity to update the nation on progress made since the last budget in October 2024.
We’ve noted the key aspects of the Spring Statement that will affect businesses and broken down what this means for you. Read all about it here.
In March, it was also announced that interest rates would remain the same. They currently sit at 4.5% and due to inflation falling to 2.8%, the interest rate is expected to drop further at the next meeting in May.
Client Success Story
When chasing for unpaid invoices, businesses can often exhaust all avenues and either be ignored completely by their debtor, or experience excuses and disputes about the work carried out. This is where “The Power of Outsourcing” comes into play.
In a recent case study, we revealed how our team recovered a wrongfully disputed £2,500 debt in just 45 minutes after the client had struggled for 7 months. Read the full case study here!
Get Paid Before Easter!
e’d love to help you take away some of the pressure that unpaid invoices have on your business. Contact us today and watch your cashflow improve. 📈
Visit our website for a free no obligation quick quote for recovery and seamlessly upload your case for collection in just 3 easy steps!
Lynne is the Founder and CEO of Darcey Quigley & Co.
She is passionate and determined to help businesses get overdue invoices paid quickly.
Having worked within the credit management industry for over 27 years and ran UK leading commercial debt recovery specialists Darcey Quigley & Co for over 17 years, Lynne has helped businesses recover commercial debts from every continent across the globe.
Connect with me on LinkedIn!
