by Martin Kingman | Aug 29, 2020 | Collections
With the increased use of debit cards and chip and pin technology, the humble cheque is being accepted by fewer and fewer retail outlets as a means of payment. It remains, however, a popular method of payment for business. Cheques are written orders from account...
by Martin Kingman | Aug 4, 2020 | Collections
With the forthcoming suspected interest rate rise, 40% of SME’s admit to having no financial buffer despite having outgoings of over £4k per month. SME loan approvals has falled from 58% to 43% in the past year. Where SME’s do have something in reserve, the most...
by Martin Kingman | Aug 4, 2020 | Collections
We have recently become aware that there is a scam going around where an individual who has recently had a County Court Judgment (CCJ) receives a phone call from an alleged Bailiff who is pretending to work on behalf of The Northampton County Court. All judgments...
by Martin Kingman | Aug 4, 2020 | Collections
The main purpose of any business is to make a profit. In any downturn as work becomes scarcer, there is a temptation to lower the price you charge in order to maximise your share of the dwindling demand. This can become a race to the bottom; you need to consider...
by Martin Kingman | Aug 4, 2020 | Collections
On Saturday 28 March 2020, the Government announced that they would be modifying the Insolvency Act 1986 to allow businesses breathing space and allow them to continue to trade whilst options for recovery are explored. This is by looking to suspend a director’s...
