SME’s facing Coronavirus Cashflow problems

Over two-thirds of UK SMEs (69%) have reported significant pressures on their cash levels according to latest insights from business lender MarketFinance. This is...

Court orders Landlord to pay Tenant money over Eviction failings

A London based landlord has been ordered to pay her Tenant compensation following a botched 'eviction'. Landlady, Lydia Suleaudu demonstrated a blatant disregard for her...

High Court orders closure of Debt Collection Agency

The High Court in Manchester has ordered the immediate closure of a rogue Debt Collection Agency based in Newcastle. Following a number of complaints, the...

Estate Agent banned after spending clients monies

The owner of a Ipswich based Estate Agency has been banned from running a Business for five years. Jane Hipkin Russell aged 58, was subject...

Number of Personal CCJs hits record high

The number of Personal CCJs issued for the year 2019 hit a record high. The level of CCJ's issued against individuals is now double...

Government considers using Debt Collectors to collect TV licence Fees

A Government Consultation is seriously considering using Debt Collectors to collect unpaid TV licence Fees. Bailiffs would be instructed to remove TV sets from properties...

Disqualified Director ordered to pay £500k to Creditors

The Insolvency service entered new territory as it won a case against a disqualified company director. In what is considered a landmark case, former...

Number of Business CCJ’s issued decreases

The latest figures released by the Registry Trust have shown a substantial drop in Business CCJ's. This is CCJ's registered against Businesses in England...

5 best reasons to use a Business Debt Recovery service

In 2020, the need for a reputable Business Debt Recovery service is possibly more relevant than ever. With increasing compliance and new laws, it...

New Year sees SME’s chasing £50bn in Business Debt

New research is showing that Small Businesses are chasing over 50 Billion pounds in late payments across the UK. Tide, which is a digital...

Expert Company Credit Control tips for 2020

A New Year is a perfect time for new procedures so company credit control tips are helpful. Keeping your Business cash flow tight is...

Government warns of scam Debt Collectors

The Government has issued a public warning for people to be on guard against scam Debt Collectors. Scammers are posing as legitimate Bailiffs and...

Ex England star wants Football Club wound up

Ex Arsenal and England Legend Sol Campbell wants his former Employers Macclesfield Town wound up due to unpaid debts. Campbell who was the Manager...

Subcontractors demanding new Late Payment legislation

A Construction Industry organisation is demanding tough new measures to combat a new wave of late payment in their sector. The Specialist Engineering Contractors’...

Business owners left feeling suicidal due to late payment survey says

Business owners are being left feeling suicidal due to late payment it has been revealed. 9 out of 10 business owners across the UK's...

Four Construction firms suspended from Prompt Payment Code

Four Large players within the UK's construction industry have been suspended from the Prompt Payment Code. Persistent late payments to sub contractors and suppliers...

Nearly half a million UK firms in Financial distress

The latest research from Begbies Traynor has shown that the number of UK Businesses in serious financial distress has increased by 40% in the...

Research shows Late Payment affects Freelancer & SME owners health

Startling New research has shown that over three quarters of Freelance Business owners have experienced mental health issues as a direct result of non...

78,000 Premises visited by Bailiffs due to Business Rate debt

Research by real estate adviser Altus Group revealed that, during the last financial year (2018/19), over 78,000 non-domestic properties from retailers to restaurants to...

UK Companies still failing to chase Business Debts

The latest new research from Lloyds Bank Commercial Banking Division has shown that a roughly a third of UK businesses who experienced late payment...