UK Debt Collection News

25/08/2025

Scam Debt Collection Agencies shut down for keeping Client's monies
https://ow.ly/WJrC50WLf3J

Scam Debt Collection firms shut down Three connected debt collection agencies in Sunderland have been closed by the High Court after an investigation found they kept over £50,000 of funds collected for their clients. The companies, EDC Group NE Ltd, UK EDC Ltd, and UK TCF Limited, were found to hav...

26/06/2025

How B2B Debt Collection is helping UK Businesses beat the late payment crisis https://ow.ly/O09Q50WgXc3

Late payments have long plagued UK businesses, with small and medium-sized enterprises (SMEs) often bearing the brunt of cash flow disruptions. However, the recent surge in unpaid invoices has…

24/06/2025

AI Debt Collection much less effective than Humans says new study https://www.ukdcnews.co.uk/debt-collection-2/ai-debt-collection/

Businesses turning to AI debt collection may be sacrificing significant results and customer trust, according to new research from one of the Worlds top Universities. As artificial intelligence reshapes industries from finance to customer service, many companies have eagerly adopted AI debt collecti...

13/06/2025

Lambeth Council facing £62.8 Debt Collection crisis due to Overdue Invoices https://ow.ly/Nqzc50W8TAp

Lambeth Council is currently owed £62.8 million in overdue invoices and debts – an increase of more than 12% on last year’s figures. This has led to fresh concerns over how the authority manages its finances and enforces debt collection. The figure are revealed in a report due presented to the ...

10/06/2025

CCJ Enforcement: The Expert Strategies to recover your money https://newspioneer.co.uk/ccj-enforcement-the-expert-strategies-to-recover-your-money/

CCJ Enforcement refers to the legal processes available in England and Wales to recover the money owed following a successful court claim.

10/06/2025

Insolvency Service appoints Crypto Debt Recovery Expert https://ow.ly/KVgh50W6RaO

The UK Insolvency Service has appointed its first crypto intelligence specialist to help with enforcement recover crypto from bankruptcy, civil and criminal cases. Andrew Small, a former police investigator with a background in economic crime, will lead efforts in enforcement to trace and reclaim cr...

05/06/2025

Director banned for £200k bank payment days after Company collapsed https://ow.ly/3sEu50W4LZT business

04/06/2025

Business Overdue Invoices in Wales hit 26 month high

The number of overdue invoices on the books of Welsh businesses hit a 26-month high in April 2025, according to new research from R3, the UK’s insolvency and restructuring trade body. R3’s analysis of data provided by Creditsafe shows there were 156,775 overdue invoices on the books of Welsh bus...

21/05/2025

Best UK Debt Collection Agencies revealed https://ow.ly/SSXk50VWvqK

In today's fast-paced business landscape, managing cash flow is critical. Whether you're a large enterprise or a small business owner, late payments and

13/05/2025

Medical Sector Suppliers collapses after 41 years trading https://ow.ly/2bvb50VRzUR

A well known Medical Gas Suppliers company has ceased trading after plunging into administration after 41 years. Blair Milne and James Fennessey, partners with Azets, have been appointed joint administrators of medicinal gas pipeline installation and servicing specialist, Hospital Pipeline Installat...

13/05/2025

Small Business Debt Collection - Ultimate Guide for SME owners in the UK https://ow.ly/RJBZ50VRyGO

In the ever-evolving world of business, maintaining consistent cash flow is one of the most crucial aspects of keeping a company afloat. For many entrepreneurs, freelancers, and small companies, unpaid invoices can lead to serious operational and financial problems. Enter the world of Small Business...

16/04/2025

News: Number of Limited Company Director disqualifications rises https://ow.ly/NXkS50VBuPV

Latest figures from the Insolvency Service show the agency banned more than 1,000 directors in 2024-25, of which 736 were for Covid loan abuse. The report shows that of the 1,036 directors who were disqualified, 736 were for Covid loan abuse and the average length of a ban was eight years. The repor...