The UK engineering industry is sadly plagued by unpaid debts. A recent report indicated that each UK engineering firm writes off around £10,000 of bad debt each year – but this needn’t be the case. Debt Collect UK are a specialist debt collection agency that can help you recover unpaid business debts and get your cash flow back on track. We help all kinds of business from wholesale retailers to engineering business and from small business right up to major PLC’s.
It is essential that those in the engineering industry look to protect their business against business losses. Cash flow is essential to keeping your business afloat and whether you are owed a few thousand pounds or several hundred thousand, Debt Collect can help you recover the funds due to you.
Debt recovery in the engineering industry requires specialist expertise, the complex nature of engineering contracts can often mean you are paid less than you are owed, not paid on time, or even not paid at all. One of the biggest issues for engineering debt is retention payment recovery and many businesses struggle to get these payments back. However, here at debt collect we can work with you and your debtors to maximise your debt recovery. We provide a cost effective solution for recovering unpaid debts in the engineering industry and get you the result you need to run your business profitably.
At Debt Collect UK we have more than 35 years of experience in assisting clients in the engineering industry reclaim debt that is owed to them. With clients from all over the UK, Europe, America, Australia and South Korea our highly skilled debt collection experts work on a no collection, no fee basis – so you can be sure we are working hard for you and your business.
Our experts will never ask you to pay any membership fees, registration fees or administration costs – just a reasonable commission on the collections we make for you. We have a high recovery rate of 80% – and growing. Whether you need to recover millions of pounds or significantly less, we will approach your case ethically, legally and professionally through our comprehensive range of services designed to assist your business recovery and improve your credit and cash flow. We work with you and your clients to get you the best possible recovery, and retain your client relationships if you wish to do so.
If you have a engineering industry business looking to recover debts owed to you, contact Debt Collect UK today. To receive free initial advice from our experts, please call us on 0333 800 8919 or contact us online.