LATEST ARTICLES

unpaid business debt

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 business banking platform, has revealed its latest startling findings. Tide surveyed...
Company Credit control

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 a no brainer for any Company Director. Maintaining and improving the...
scam debt collectors

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 Enforcement Officers according to reports. Such has been the rise is...
Football clubs debt

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 of Macclesfield Town for 10 months is apparently owed £180,000...
sub contractor not paid

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’ (SEC) Group represents the countries largest sector within the Construction...
unpaid business debt

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 construction industry have suffered a variety of mental health issues...
construction late payment

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 and have lead to the suspension. The Prompt Payment Code is...
Business closed

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 past three years. 489,000 Companies in the UK are flagged as...
small business payment

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 payment in the last twelve months. The latest market research report...
bailiff

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 pubs to factories were referred to Bailiffs to levy ‘distress’...