Age of invoice: 5 months old Principal Sum: £5,000 Days to recover: 9 Weeks Persistence pays! This case is a testimony to how Darcey Quigley will stay in a case for as long as it takes to get the client paid. In this case, the debtor was very evasive, so it took a lot of …
Persistence Pays – Free Debt Recovery for Our Client Read More »
Age of invoice: 7 months old Principal Sum: A$19,000 Days to recover: 3 Days International debt recovery can be challenging and frustrating but the team at Darcey Quigley are very flexible when recovering funds in different time zones. In this case, the debtor was based in Australia, so the team adapted their telephone recovery timings …
Australian Case Study – International Debt Paid in 3 Days Read More »
For UK companies engaged in international business, global debt recovery and dealing with unpaid invoices from customers in foreign countries can be a challenging and frustrating experience. Recovering these unpaid amounts requires careful planning, understanding of international trade laws, and effective communication. In this article, we will provide a step-by-step guide to help UK companies …
Global Debt Recovery – How To Recover Unpaid Invoices From Another Country Read More »
In today’s dynamic and interconnected business environment, maintaining a healthy cashflow is paramount for the sustained success of any organisation. Unfortunately, unpaid debts and late payments can disrupt the smooth operation of a business, posing significant challenges to its financial stability. SMEs each have an average £68,413 owed to them in unpaid invoices! This is …
The Importance of Credit Control in Debt Recovery Read More »
Age of invoice: 1 year old Principal Sum: £5,000 Days to recover: 7 days The engineering industry is heavily impacted by late payers and serial debtors leaving many firms out of pocket regularly. Despite their best credit control efforts, oftentimes businesses in the engineering industry are left with little choice whether to write off the …
Debt Recovery In The Engineering Industry – Case Study Read More »
Age of invoice: 6 months old Principal Sum: £40,000 Days to recover: 7 days The wholesale industry is an area where businesses must tread carefully with stringent credit control to help mitigate the risk of late invoices and commercial debt. We see many serial debtors and late payers through our work with clients in the wholesale …
Debt Recovery In The Wholesale Industry – Case Study Read More »
Age of invoice: 11 months old Principal Sum: £6,000 Days to recover: 2 weeks A client recently got in touch with the team at Darcey Quigley regarding an 11 month old scaffolding debt. This debt had a value of £6,000. This was a delicate matter as it was vital our client received this payment but …
As we have mentioned in previous blogs having a healthy cash flow is vital if your business is going to grow and thrive. Positive cash flow means you have more cash coming into your business than you do going out and this is good for a number of reasons: Control: With more liquid cash coming …
The infamous Blue Monday is upon us. If you haven’t heard of it before there is an argument that the third Monday of the year is the most depressing day of the year as the post-Christmas blues set in and most new year’s resolutions have fizzled out. We take this with a pinch of salt, …
Age of invoice: 4 months old Principal Sum: £18,000 Days to recover: 2 weeks Our client in the timber industry approached us as they had an outstanding invoice worth £18,000. Once instructed, the team at DQ had the debt actioned within the hour and our Head of Recoveries began negotiating with the debtor. Within …
