News

Client Review – Rotherwood Recruitment LLP

“Daniels Silverman did an extremely good job for us and their service was excellent.We would definitely use them again. We had a large debt outstanding for staff which we had supplied to a company who refused to pay. Despite a court Judgment being granted in our favour we found that enforcing it through solicitors would […]

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The high-earning middle classes are tightening their belts

Andre Reid was forced to pawn his Mercedes when the economic downturn left him temporarily without the money to pay the fees at his sons private school. Unable to secure a bank loan, the IT consultant, who earns £50,000 a year, took out a £5,000 loan against his £13,000 car, ensuring 13-year- old Lydon was […]

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Cash Must Remain King

As difficult trading conditions look set to continue for some time, cash must remain king and keeping a tight rein on debt is more crucial than ever. Effective cash flow management and liquidity within a company is essential for survival. With the banks still reluctant to lend in many cases, SMEs are struggling to obtain credit. Securing […]

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Huge increase in demand for debt recovery from plumbing sector

Credit management and debt collection company, Daniels Silverman, has seen a shocking 800% increase in the number of enquiries it has received from businesses in the plumbing sector from June 2010 to June 2011 signifying a massive deterioration in business conditions for the industry. Managing director, Carole Hughes, said: “An increase in enquiries regarding debt […]

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Huge increase in demand for debt recovery from automotive sector

Credit management and debt collection company Daniels Silverman has seen a staggering 1575% increase in the number of enquiries it has received from businesses in the automotive sector from June 2010 to June 2011 signifying a massive deterioration in business conditions for the industry. Daniels Silverman managing director Carole Hughes says: “An increase in enquiries […]

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How to….spot a bad debtor

Hotel and catering companies have been hit hard by the financial crisis.  At Daniels Silverman we have seen a steady rise in the number of suppliers and hotels seeking our help with debt recovery over the last year.  Serious cash flow problems have forced some businesses into bankruptcy and many others are on the brink […]

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Client Review – The Nutritional Healing Foundation

“We have been pleasantly surprised at the speed Daniels Silverman started collecting debts. They are completely professional, and have kept us involved every step of the way. They have impressed me by demonstrating that they base their approach on the client. For us, reputational risk was a concern, and they took that on board fully. The […]

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Daniels Silverman sees 250% increase in consumer insolvencies

Credit management and collection company Daniels Silverman has seen a massive 250% increase in the number of consumers it is collecting debts from becoming insolvent through bankruptcy or individual voluntary arrangements (IVAs) in the last 6 months. Carole Hughes, managing director, Daniels Silverman, says: “People are really struggling to make ends meet and are resorting […]

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