Compare the Market
If you want to compare us
to other Agencies, you should firstly check to see if
they name their directors or hide behind anonymity? We
As to prices, well some agencies charge a scale upward
to 50% depending on age of debt. We don't.
Only in exceptional cases would we charge more than 10%
for UK recoveries and 15% for Overseas debts. Such
exceptional cases would be where the debt is more than
two years old or perhaps disputed. Our 10% commission
rate has applied for more than thirty years.
Next, check to see if you are committing to purchasing a
volume of collections via a subscription. We don't
charge a subscription. Single or multiple debts are
taken on without any up front fees.
Only in the rarest of cases will we charge a small (not
more than £40.00) up-front fee, and this is where you
tell us that the debt is in dispute or we feel that you
have a lost cause but you would like us to attempt
recovery anyway. This is purely to cover administration
costs. Furthermore, where we recover the debt this
administration fee is regarded as our commission on the
first amount recovered up to £400.00 for UK debts.
We do, however charge an administration fee at the
outset for the collection of County Court Judgments,
where we are willing to take on a case. This is also
£40.00 and is not deductible from any commission earned
at a rate of 15%. If unsuccessful no further charge is
The One-off Situation
For a one-off outstanding
Debt or for a batch of Debts owing by UK enterprises we
charge 10% commission + VAT.
If a debt is under £200.00 in value we charge
£20.00 +VAT as a minimum
charge. Often more work goes into collecting a small sum
than a large one.
Be Assured – if we should fail to collect YOU PAY
If you wish to outsource a delinquent debtor portfolio
each month, contact us to discuss your business and ask
for a quotation. We generally look at monthly volume
collections based on levels of 50 to 100 debtors.
Enforcement & Legal
Your Judgments collected
– Administration charge £40.00. Minimum Commission 15%
or subject to quotation. Please note, we only collect
commercial debtor Judgments.
County Court Proceedings where we institute these with
you – a Retainer and recovery related fees.
Any questions, please don't hesitate to ask. Ring Stuart
on 0845 521 362
VAT is applicable at the current rate on all United
Kingdom and E.E.C. debt recoveries and services.
“Anyone who is asked for an up front fee should think
carefully if this is the most appropriate service
Credit Services Association.
Credit Today Magazine,