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 and Wales for the last quarter of 2019.The decline in...
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 can make the field of Debt Collection a minefield at...
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...
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...
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...
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...
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...
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...
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...
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...
