Credit Control

Is ‘Quick and Cheap’ Best for Preventing Late Payment?

Is ‘Quick and Cheap’ Best for Preventing Late Payment?

Hardly a month goes by without a new government or industry scheme aimed at preventing late payment - since the…
Pirelli prompt payment policy leaves Lotus lagging

Pirelli prompt payment policy leaves Lotus lagging

Formula 1 tyre supplier Pirelli took a hard line in Hungary by invoking a prompt payment policy that left Lotus…
Credit Control Update – Greek Capital Controls

Credit Control Update – Greek Capital Controls

Greece's government has imposed capital controls and closed banks until after a July 5 referendum on a deal with European creditors. The…
Too Prompt for the Prompt Payment Code?

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

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…
Snoop Dogg Sues Beer Firm Over Unpaid Fees

Snoop Dogg Sues Beer Firm Over Unpaid Fees

Snoop Dogg has issued a legal claim against brewers Pabst for monies he believes are owed after his licensing deal…
Dodge Deadbeat Clients – 10 Ways to Spot Late Payers

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…
Laughable 6 Year Disqualification for Crashing Rail Company

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…
80% of SMEs Operating Without Cash Reserve

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…
Prompt Payment Discounts could be ruled out by VAT laws

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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