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 …
Debt collection is a subject no business likes to talk about, but it’s important to know how to handle customers who are withholding payment from you for unpaid invoices. Here we share lessons from the very best in the commercial invoice recovery business. Our founder and CEO of Darcey Quigley, Lynne, shares five lessons she …
Age of invoice: 9 months old Principal Sum: £90,000 Days to recover: 3 weeks Construction industry debt recovery experts Darcey Quigley recently recovered £90,00 for a client. Read about our approach and how we can help you. The construction industry write off a huge amount of commercial debts every year, know to be as high …
Debt Recovery In The Construction Industry – Case Study Read More »
Age of invoice: 6 months old Principal Sum: £3,000 Days to recover: 48 hours One of our clients was concerned that their customer had disappeared with a vehicle that they had leased. This debt was over 6 months old and with £3,000 outstanding, our client was worried and decided to instruct our services. Our …
Age of invoice:10 months old Principal Sum: £100,000 Days to recover:48 hours One of our clients in the agriculture industry got in touch at the beginning of the first coronavirus lockdown in the UK as they had an outstanding debt worth £100,000. Within 48 hours of the team at DQ receiving the debt, a payment …
Cash flow is the movement of money in and out of your business and it is critical for your business to survive. It can be easy for your cash flow to go unmonitored, but carefully managing your finances will help to improve your cash flow. Essentially, if you have more cash coming into your business …
Deciding when and if to outsource your debt collection to an agency is one of the biggest credit management decisions your finance department will make. But how do you know when the right time is? How long should you leave it? And is it worthwhile outsourcing at all? Here, I share some of the tell-tale …
When Should You Outsource To A Commercial Debt Recovery Company? Read More »
