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Corporate Insolvency & Governance Act 2020 – Update

The Corporate Insolvency & Governance Act 2020 was announced on 23rd April 2020, and introduced by the UK Government on the 25th June 2020, having received Royal Assent. The Act was introduced for a number of reasons, companies could get longer periods of time granted by Companies House to file their Accounts, Confirmation Statements & […]

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How Does International Debt Collection Work?

If your business deals regularly with clients overseas, it can be a very daunting task to recover your invoice or invoices if they don’t pay you. Every country in the World has different rules, regulations, laws and litigation procedures. International Debt Recoveries can be a complete minefield for a business to attempt to collect themselves. […]

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Greek Tragedy Turned Into Dramatic Financial Triumph

This is a case study illustrating how a Greek translation company recovered  a large debt from UK translation company. Our Greece-based client was owed £109,000 (€125,000) from a UK translation company. The invoices raised were between 1 – 6 months old. Our client had no idea how to pursue the debt. They had consulted with their […]

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How To Recover International Debt and Avoid Credit Risks

From time to time every business will experience the unfortunate scenario of a customer who refuses to pay an outstanding account and ignores any reminders or chances they are given to settle the outstanding balance. For language service providers dealing with clients from all over the world recovering international debts can be daunting. Each country […]

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Cash Flow is King in Every Business – 5 Simple Credit Control Tips

Every business wants to earn money and make a profit, by offering quality goods and services to their clients and standing out from their competitors. It makes good business sense to then invest this profit back into the business, so they can provide more a comprehensive list of services & offer or manufacture better products […]

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