Checking the financial health of your clients or customers

It is vitally important to check the financial stability of any potential customer or client. When they apply for credit, you need to be able to make an informed decision and minimise the financial risks involved.

We offer advice on how to establish a comprehensive and bespoke credit control process which can provide you with reduced debtor days and improved cash-flow as well as early identification of disputed accounts. In addition, we are able to provide you with a comprehensive understanding of your customer’s or client’s credit history and a useful, credible credit score.

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Company & director monitoring service

Once you have set up an account for a customer or client, we are able to provide a comprehensive company and director monitoring service which keeps you informed of any changes in your debtors’ statuses, enabling you to assess how likely each of your customers are to pay you within your terms, and keeping you informed of any changes in their financial status which may impact on your financial exposure.

These searches can be a useful tool in the day-to-day running of your business or can be of great benefit when assessing the ability of a debtor to repay your debt before legal proceedings are instigated.

Investigation service

For more complex or business critical scenarios we offer an investigation service as a precursor to the recovery process, or during or after recovery action has been taken. The results of our private investigations of your debtor’s assets and activities can be invaluable in choosing the most appropriate recovery process to pursue and assessing the prospects of a successful recovery.

Forensic account analysis and reporting the ‘true’ financial status of a business is not always self-evident but, for those who know what to look for, the clues are usually available in the notes to financial statements and in other reports.


Assessing a company’s health

We are able to analyse and interpret such documents to provide a thorough, balanced view of how a company is developing: its performance, position, and other important factors affecting its business health. For example, we can assess contingent liabilities for potential high expenses that may affect both the life of a company’s assets and its profit and loss account.

If you’re concerned about the financial discrepancies or financial wrongdoing of a debtor, we have the expertise to root out the true picture.

Call now on 01489 550 496 and ask for a free consultation.

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Other services available

One-off debt recovery

A one-off debt recovery service without the need to commit to any ongoing obligation or pay any upfront fees

Multiple debt recovery

Cost-effective specialist debt collection for multiple outstanding invoices, tailored to your needs

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Why choose Debtcol?

  • Save time – you get paid faster
  • Remove hassle of chasing for payment
  • Preserve your customer relationships
  • We have the expertise and resources
  • Legal assistance
  • Over 12 years experience

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Find out more

Call now on 01489 550 496 and speak to a member of our respectful and courteous team.