Do you know how much you can legally claim back from your debtors?
Making the decision to outsource your debt recovery to a 3rd party can be daunting. You may wonder what we actually do differently from your own credit control process.
Darcey Quigley and Co was shortlisted in three categories for the Women in Credit Awards, due to take place in London on the 15th March 2018. Darcey Quigley & Co will be competing against some large corporate names such as BT, HMRC and Lloyds Group.
The reality is, no matter how many sales you make, nothing brings your business down to its knees like a cash flow crisis. A delay in incoming revenue can be disastrous for small and medium sized businesses. With many SME’s relying heavily on a good cash flow, unpaid debts and delays with incoming revenue can affect the operational status of a business.
Credit Management Magazine Jan/Feb 2018 - Lynne Darcey Quigley speaks about Commercial Debt Recovery and How the Industry is Unregulated.
This month DQ featured on the most recent issue of the Credit Management Magazine. Company owner Lynne Darcey Quigley was interviewed giving her views on the commercial debt recovery industry and how it is unregulated. We are currently undertaking the application process to be regulated by the FCA, although it is not a legal requirement unlike the consumer market. Lynne has chosen to undergo...
It is safe to say that many of us spared a thought yesterday for the 40,000 Carillion staff across the globe who look likely to lose their jobs and livelihood. The company announced that it was going into liquidation rather than administration, meaning that there is little value left in the company. Undoubtedly the staff and all of the company’s sub-contractors will be the worst affected with...
Age of Invoice: 563 days old
Principal Sum - £5,970.88
Interest, Compensation and Reasonable Costs - £1,637.52
Days to recover: 14 days
Client – Digital regulatory information, consultancy and training company V Debtor – Shipping Company
We were instructed to recover a commercial debt against a shipping company for a principal sum of £5,970.88. Under “The Late Payment of Commercial Debts...