Debt Collection Service Limited

Efficient, cost-effective and reliable service for the collection of commercial debts


 

Debt Colection Service Limited provide an efficient, cost-effective and reliable debt recovery service for commercial debts.   Our simple, yet very effective, approach enables companies to reduce 'bad debt' and thus improve financial efficiency.

The involvement of Debt Collection Service Limited will show your debtor that you are serious about collecting the debt(s) owed to you, and that you have engaged a professional company to help you to recover what is due to you. 

Do you have debts on your books?  Are you considering writing off a bad debt?  Do you have unpaid invoices?  Are you spending too much time contacting debtors?  We can help you to collect what is due to you, thus enabling your business to operate effectively.

We specialise in business-to-business debts, and use an effective range of measures to encourage your debtor to settle their debt to you without further delay. 

For ongoing customers we can use a 'softly-softly' approach to let your debtor know that you are serious about recovering the sum due to you, and at the same time minimising any harm to the ongoing relationship with your customer.   For ex-customers, and others owing you money, we can impress the importance of making prompt payment, and also explain the consequence of payment not being forthcoming.

We aim to telephone your debtor within a few days of them receiving correspondence from us.  This helps to stress the importance of the matter, and provides the debtor with an opportunity to raise any queries.

Debtors are instructed to make their cheque payable to our client, but to sent the cheque to our offices. This enables us to monitor the effectiveness of our intervention and avoids the need for us to regularly check progress with our client.

We advise clients on their rights under the Late Payment of Commercial Debts (Interest) Act 1998, and associated legislation.  Clients are usually able to charge their debtor their debt recovery costs, and the chargeable amount usually exceeds our charges.

Our charging structure is simple (and cost effective), and will be explained in detail before we commence work for you.   We offer substantial discounts for bulk contracts, and would welcome the opportunity to discuss this in more detail.



Useful Links:
   •   Compensation Entitlement (i.e. the 'admin' charge you can levy on your debtor)
   •   Late Payment of Commercial Debts (Interest) Act 1998
   •   The Late Payment of Commercial Debts (Interest) Act 1998 (Commencement No 3) Order 2000
   •   The Late Payment of Commercial Debts (Interest) Act 1998 (Commencement No 4) Order 2000
   •   The Late Payment of Commercial Debts (Interest) Act 1998 (Commencement No 5) Order 2002
   •   The Late Payment of Commercial Debts Regulations 2002
   •   The Late Payment of Commercial Debts (Scotland) Regulations 2002
   •   The Late Payment of Commercial Debts (Rate of Interest) (Scotland) Order 2002
   •   The Late Payment of Commercial Debts (Interest) Act 1998 (Commencement No 6) (Scotland) Order 2002
   •   Directive 2000/35/EC of the European Parliament
   •   The Late Payment of Commercial Debts (Rate of Interest) (Scotland) Order 2002
   •   Bank of England official bank rate

 

Debt Collection Service Limited
www.debtcollectionservice.co.uk
Tel: 0845 6126710    Fax: 0845 1304709
office@debtcollectionservice.co.uk
Easton Business Centre, Felix Road, Bristol BS5 0HE

Information for Debtors:
If you have received correspondence from us regarding a debt that you owe, you should make payment direct to our offices, but with the cheque made payable to our client.  You should also contact us if you are unable (or unwilling) to make immediate payment. Please quote our reference with your payment/correspondence.


Please Note:
We are an independent company and are not connected with any other debt collection companies, or 'small claims bureaux'.   For the avoidance of doubt, we are not connected with any business or individual mentioned in the "Watchdog" programme broadcast on BBC1 on 16 January 2008.



  |  Debt Collection Service Limited  |  Company Registration No 5370515  |  Registered Office as above  |  
We do not pursue debts regulated by the Consumer Credit Act

Debt Collection Service Limited