Credit Services & Business investigationCredit services & Business investigationChecking the financial health of your clients or customersIt 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.Company & director monitoring serviceOnce 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 serviceFor 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 healthWe 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 853 107 and ask for a free consultation.CONTACT US TODAYOther services availableOne-off debt recoveryA one-off debt recovery service without the need to commit to any ongoing obligation or pay any upfront feesMOREMultiple debt recoveryCost-effective specialist debt collection for multiple outstanding invoices, tailored to your needsMOREWhy choose Debtcol?Save time – you get paid fasterRemove hassle of chasing for paymentPreserve your customer relationshipsWe have the expertise and resourcesLegal assistanceOver 12 years experienceWhat people say about us…“I cannot recommend Debtcol highly enough – over the past 7 years they have provided us with a thoroughly professional service and have been instrumental in reducing our bad debt to all-time low levels. Paul and the Debtcol team have taken the trouble to understand our business and have adapted to our slightly more considered approach to our customers, especially those in genuine distress.”Mike Mann | Williams Trade Supplies Ltd (NMBS Member)“I have been using Debtcol for many years. I would not even dream of asking a solicitor to chase a debt now. They are excellent.”Chartered Accountant“We had complete trust in Debtcol, who used their legal knowledge, experience and expertise to chase our troublesome accounts.”Pentalver Transport Ltd“Paul at Debtcol was exceptional. We were owed money from a client who refused to pay and Debtcol took care of the whole process to get our monies and compensation back. A slick service from start to finish.”Rayner Personnel“We have been a client of Debtcol since they started and would recommend them for their prompt, professional & competitively priced services.”London Recruitment Services Ltd Find out moreCall now on 01489 853 107 and speak to a member of our respectful and courteous team.CONTACT US TODAY
