Credit Control

Month-Long Wait for Late Payments ‘the New Norm’ in Creative Sector

Month-Long Wait for Late Payments ‘the New Norm’ in Creative Sector

Creative agencies and freelancers are being stung by an average 27-day wait for settlement of overdue invoices, according to a…
New Year, New Start? Not for SMEs Chasing Late Payments

New Year, New Start? Not for SMEs Chasing Late Payments

A new year, a new decade even - but still the damning picture of just how much damage the UK’s…
Concerns over Late Payments to Freelancers as Gaming Industry Booms

Concerns over Late Payments to Freelancers as Gaming Industry Booms

It’s a billion-dollar industry that, unless you take your video gaming seriously, you might not even know exists. But the…
Figures Suggest Worrying Drop in Insolvency Service Enforcement

Figures Suggest Worrying Drop in Insolvency Service Enforcement

The latest official figures detailing the number of convictions and other enforcement actions made under the Companies Act show that…
Late Payment Charges Only Taken Up By 11% of Firms

Late Payment Charges Only Taken Up By 11% of Firms

Figures taken from a government consultation into tackling late payment culture reveal that just one in 10 businesses paid late…
Missing IT Case Proves Credit Ratings Can’t Be Taken As Gospel

Missing IT Case Proves Credit Ratings Can’t Be Taken As Gospel

One of the things suppliers are always advised to do before agreeing to provide any client with goods or services…
17 Companies Named and Shamed for Failing to Uphold Payment Code

17 Companies Named and Shamed for Failing to Uphold Payment Code

An initial review of payment practices under the government’s Prompt Payment Code has found 17 signatories in breach of the…
Why Debenhams Refinancing Fails to Reassure Small Creditors

Why Debenhams Refinancing Fails to Reassure Small Creditors

It can’t be too often that small suppliers find themselves in agreement with notoriously hard-nosed retail tycoon Mike Ashley, owner…
Firms Failing As Statutory Payment Terms Are Ignored

Firms Failing As Statutory Payment Terms Are Ignored

New figures exposing the extent of the UK’s late payment culture have revealed that more than 100,000 companies waited an…
Flybmi Collapse Sounds Alarm Bells for Airline Suppliers

Flybmi Collapse Sounds Alarm Bells for Airline Suppliers

Another week, another tale of company administration, job losses and suppliers facing an anxious wait on whether they’ll ever get…

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