My Business is Owed Money
“My business is owed money, what can I do?” At Commercial Domestic Investigations we know that a common question for many SMEs is “My business is owed money, what can I do?” When you’re owed money, you are often left wondering if there is anything you can actually do. However, there are various legal options if you’re […]
SMEs Walk Away from Opportunities to Improve Financial Security
Not getting paid on time can have a very negative impact on an SMEs cash flow, very quickly. Commercial Domestic Investigations are always expressing how effective debt collection can improve your business cash flow and overall financial security. This week we wanted to discuss new findings from experts at PKF Cooper Parry, which suggest that […]
More SMEs Taking Late Payers to Court than Ever Before
At Commercial Domestic Investigations we always have our finger on the pulse of the latest late payment news, as we know how essential chasing these late payments can be to an SME. Research has revealed this week that more and more small businesses are turning to the court to chase late payments, with the debts […]
SMEs to Make Late Payment Pact
Here at Commercial Domestic Investigations we know just how important getting paid on time is to an SME, and the detrimental impact on cash flow that late payments can have. This week we’ve learned of a businessman who suffered at the hands of late paying clients, and as a result has set up a scheme to […]
North East Scheme Cuts Late Payments to SMEs
At Commercial Domestic Investigations we are always on the lookout for fresh news surrounding late payment. This week we learnt of a regional initiative in the north east that encourages prompt payment. Thanks to this initiative, the money owed to small businesses in the north east has fallen 35 per cent. The Pay Fair Campaign […]
Commercial Domestic Investigations 2015 News Round Up
The team at Commercial Domestic Investigations are always keeping up to date with the latest debt collection and business news from the UK and the rest of the world. As the end of the year fast approaches, we wanted to take a look at the most important news stories and significant changes to come out […]
SME’s Reputation Concerns Stop Them Acting on Late Payment
Here at Commercial Domestic Investigations the team fully understand just how much of an impact late payment can have on SME’s. This week we are looking at a survey carried out which suggests that SME’s don’t act on late payment issues for fear of tarnishing their reputation. SME Insider reported that fear of offending customers and reputation […]
Commercial Domestic Investigations Discuss Q3: Individual Insolvencies Rise
The team at Commercial Domestic Investigations are always keeping up to date with the latest quarterly news and official figures. Official quarter 3 figures have revealed that the number of individual insolvencies increased nearly three percent to more than 19,000. Increasing insolvencies The Insolvency Service’s latest statistics show that 19,683 people became insolvent between July […]
Courts Minister Backtracks on Outsourcing Debt Collection to One Supplier
Here at Commercial Domestic Investigations the team are always keeping up to date with the latest debt collection news. It has emerged this week that the Ministry of Justice has backtracked on a plan to outsource the collection of unpaid court fines and debts to one single supplier. Minster for the courts Shailesh Vara has […]
Improvements to council tax debt recovery
From this week’s debt collection news, Commercial Domestic Investigations have learned that the Department for Communities and Local Government (DCLG) is calling for views on how to improve the efficiency of council tax collection. Their aim is to facilitate improvements in the collection and enforcement process in business rates and council tax. The consultation is […]
