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Too Prompt for the Prompt Payment Code?
Credit Control

Too Prompt for the Prompt Payment Code?

As a debt recovery company tasked with chasing down overdue payments, it makes sense for us to be a signatory…
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In the rough – 19 year disqualification for golf investment scam directors
Credit Control

In the rough – 19 year disqualification for golf investment scam directors

Two directors of Lancashire-based Worldwide Sports Investments Limited have been disqaulified following an investigation by the Official Receiver’s Public Interest…
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Dodge Deadbeat Clients – 10 Ways to Spot Late Payers
Credit Control

Dodge Deadbeat Clients – 10 Ways to Spot Late Payers

We always say that in good credit control, prevention is better than cure - collections and recovery action should be…
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Laughable 6 Year Disqualification for Crashing Rail Company
Credit Control

Laughable 6 Year Disqualification for Crashing Rail Company

Mr Lawrence McGovern, director of Railtrades Ltd (“Railtrades”) has received a 6 year disqualification order for disposing of the company’s…
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80% of SMEs Operating Without Cash Reserve
Credit Control

80% of SMEs Operating Without Cash Reserve

We all know healthy cash flow is the life blood of any small business, but when your cash flow is…
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Prompt Payment Discounts could be ruled out by VAT laws
Credit Control

Prompt Payment Discounts could be ruled out by VAT laws

Changes to the way companies calculate the VAT on invoices that are subject to Prompt Payment Discounts could effectively rule…
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Make 2015 your year to resist financial risks
Credit Control

Make 2015 your year to resist financial risks

Risk is an unavoidable part of business, particularly if you provide credit to your clients - even in the sense…
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Payment terms over 30 days ‘should be banned’
Credit Control

Payment terms over 30 days ‘should be banned’

A fundamental characteristic of late payment legislation so far has been its voluntary nature - nobody forces big businesses to…
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Patching up the Prompt Payment Code
Credit Control

Patching up the Prompt Payment Code

It doesn't matter how much you like a bucket; if it won't hold water anymore, it's time to get a…
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You’re fired! Why Lord Sugar wants more done on late payments
Credit Control

You’re fired! Why Lord Sugar wants more done on late payments

Lord Sugar, the artist formerly known as Sir Alan, has made his feelings on late payments very clear - and,…
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