Darcey Quigley February Roundup
It was another busy month at Darcey Quigley & Co with the team growing once again, in house tech advancements and more successful collections!
Read all about what we’ve been up to below.
Supporting Our Clients with the New Interest Rate
In February, 2025, The Bank of England announced the UK Interest Rate lowered to 4.5% from 4.75%. This was the first cut this year.
This is the lowest level for 18 months and the third cut since August 2024. It is difficult to predict exactly what will happen to interest rates the rest of the year, but it is expected there will be more cuts.
The recent decrease in the UK interest rate has significant implications for businesses, particularly concerning late payment risks. As businesses adjust to lower borrowing costs and potential cash flow improvements, they must also remain vigilant about managing late payment challenges effectively.
Why not check out our recent blog on “8 Ways to Improve Your Cash Flow: Key Strategies and Techniques for Business Cash Flow Optimisation” for tips on how to increase your cashflow.
Chetna Patel Joins as Business Development Executive
In February, team DQ were pleased to welcome Chetna Patel as Business Development Executive.
Chetna joins the team of commercial debt recovery experts who support clients through the recovery process step by step.
85% of LPI for Our Clients in February!
Did you know that we recovered 85% of our client’s late payment interest, compensation and reasonable costs? We always strive to collect these additional costs from your debtor, and last month we were very successful! There’s a reason why we have over 400 reviews on Trustpilot and are rated #1 for commercial debt recovery. Here’s what one of our happy clients in February had to say:
Collect-it Updates on Mobile
In February, we released an exciting update that allows you to manage your credit control on-the-go.
View updates on your debt recovery case and more on your mobile browser!
Sign in here and have a look for yourself!
Get Paid in March!
We’d love to help you take away some of the pressure that unpaid invoices have on your business. Contact us today and watch your cashflow improve. 📈
Visit our website for a free no obligation quick quote for recovery and seamlessly upload your case for collection in just 3 easy steps!
Lynne is the Founder and CEO of Darcey Quigley & Co.
She is passionate and determined to help businesses get overdue invoices paid quickly.
Having worked within the credit management industry for over 27 years and ran UK leading commercial debt recovery specialists Darcey Quigley & Co for over 17 years, Lynne has helped businesses recover commercial debts from every continent across the globe.
Connect with me on LinkedIn!
