Tag: business debt collection
Companies struggling with B2B Debt Collection
UK Companies are struggling with their B2B Debt Collection according to recent research. Over sixty one per cent of Businesses have failed to recover...
Why Business Debt Recovery has a critical role to play
It will come as no shock that the main objective of any business is to make more money than it loses. Staying in the...
HMRC asks for help ‘modernising’ business debt collection
The HMRC has surprising made a public statement asking for advice on modernising its Business Debt Collection methods. The statement issued a couple of days...
Survey shows true cost of Businesses chasing late payments
A shocking survey has revealed that 32% of businesses are spending up to 75% on late payment issues. Businesses are surprisingly spending more time...
Drop in UK Business Insolvencies masking a grim reality
According to latest figures, Corporate and Business Insolvencies fell by 27.1% for 2020 in England and Wales. Unfortunately the statistics do not tell the...
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...
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...
Steep rise in Scottish Business Insolvency
New official statistics reporting insolvencies in Scotland have been released by Accountant in Bankruptcy (AiB) for the fourth quarter (January to March 2018) of...
UK Business Debt rises by £580m
Unpaid UK Business Debt owing to firms across the country's core 11 sectors has increased by £580m more over the past three months compared...
Debt Collection Experts reveal Top SME Non payment excuses
With Industry Experts warning that Business insolvencies are expected to rise in 2018, Firms are being urged to adopt a more pro-active strategy to...
