News

What every FD should know about debt

Chasing monies owed is a time-consuming business – but do not give up. Here in the UK, the weather takes the rap for everything. Bad retail figures? Blame it on the snow. The transport network collapses? Leaves on the track because it’s too windy. The bad weather was even blamed for an increase in the […]

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Measure to improve pre-pack sales – Yorkshire Post

The Government yesterday outlined proposals which it hopes will increase the “transparency” of pre-packaged sales of companies that have gone into administration. Edward Davey, the Minister for Employment Relations, Consumers and Postal Affairs at the Department for Business Innovation and Skills, said the biggest concerns about pre-pack sales related to cases where the business and […]

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Insolvency law not protecting creditors ‘burnt’ by phoenix companies

A recent insolvency survey among SMEs by leading commercial debt recovery company Daniels Silverman has found that a massive 96% of businesses believe that insolvent companies should not be allowed to escape debts by transferring assets to a new company, operating under the same directors and in a similar guise, under pre-pack administration  known as […]

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Review T&Cs to protect against payment disputes

Many small and medium sized enterprises (SMEs) are leaving themselves open to payment disputes because of ineffective terms and conditions (T&Cs). This significantly increases the likihood of a late payment becoming a bad debt. And with late payments and debt levels at an all time high SMEs cannot afford to ignore common pitfalls. By Carole […]

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10% Rise in Company Insolvencies in 2011

Carole Hughes, managing director of leading credit management and collections agency Daniels Silverman, speaking on recent predictions of a 10% rise in company insolvencies in 2011. “A recent Begbies Traynor report suggests that more than 23,000 firms are likely to face insolvency during 2011. The report indicates an increase of 20% of firms experiencing significant […]

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Client Review – Private Individual

“Our local County Court had awarded a sum of compensation to my fiancée following her being the victim of crime. For three years we went through various procedures to receive the compensation. Then a friend told me about Daniels Silverman and I contacted them. Once allocated an account manager who kept me properly informed of all […]

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