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possible bad debtor

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  • 04-03-2005 12:20am
    #1
    jrey1981
    Closed Accounts Posts: 1,531 ✭✭✭


    Any advice appreciated on this one please...

    I did some consultancy work for a new business startup in Wales 2 weeks ago - to cut a long story short they initially said they would pay me from an overdraft they were going to get on a new business bank account.

    However their new account application was declined. They are due their first lot of commissions on sales on Tuesday from the distributor I set them up with. Whenever I call they are very abrupt and ask me to call back in 5 minutes.

    Obviously I will contact them on Tuesday and request payment (they owe me GB£ 500)

    But if they don't pay, do I:
    Then write a strongly worded letter ?
    Apply to UK small claims court if they don't pay?
    Send a solicitors letter?
    Find a debt factoring company?


Comments

  • Options
    #2
    RicardoSmith
    Closed Accounts Posts: 8,264 ✭✭✭RicardoSmith


    Mention your meeting the distributor about "financial concerns"


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    #3
    jrey1981
    Closed Accounts Posts: 1,531 ✭✭✭jrey1981


    Hi Ricardo, yes that's not a bad idea. And quite workable given that my colleague in manchester knows the uk national sales manager for one of the distributors I put the client in touch with. It might be the way to go I think.


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    #4
    Nuttzz
    Registered Users Posts: 3,774 ✭✭✭Nuttzz


    I use this lot http://www.creditcollections.co.uk/ the commision is 7.5% of the bill, i find once i put them onto a debtor its settled in a matter of days


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    #5
    lomb
    Registered Users Posts: 6,031 ✭✭✭lomb


    ive spent quite alot of time in wales, and if its one thing i know the welsh dont like paying for professional services. accountants/solicitors find it tough going there tbh. what part of wales is this company in?its not mid by any chance is it?


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    #6
    jrey1981
    Closed Accounts Posts: 1,531 ✭✭✭jrey1981


    It's Bridgend....

    Thanks for the web address Nuttzz I''ll look into them


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