OFFER: UK UNLIMITED BUSINESS CREDIT REPORTING PACKAGE

We are pleased to be able to offer our 'Silver Package' for a one off annual subscription outlined below:-

1 YEAR UNLTD UK & IRELAND PROPOSAL

For a one off subscription of £350.00 + VAT we will provide the following information:-

ü Unlimited access to online credit reports on all limited companies in both the UK and Ireland

ü Unlimited access to individual directors reports on every director in both UK and Ireland

ü Access 200 to Companies House image documents

ü Unlimited access to sole traders and partnerships in UK

ü Unlimited access to online monitoring of any limited companies of your choice

ü Online overseas credit reports available in the following countries on a PAYG basis (£30 per report):- Belgium, Czech Rep, Denmark, Finland, France, Germany, Iceland, Italy, Liechtenstein, Luxembourg, Malta, Netherlands, Norway, Poland, Portugal, Slovakia, Spain, Sweden, Switzerland and USA.

ü  Access to offline credit reports in any country worldwide on a PAYG basis (Please see website for further details)

ü  Debt recovery letters and procedure on a ‘no collection no commission basis’ (If successful only 7% commission of what we recover is charged) 

If this package is of interest please feel free to contact me directly and quote MBOFFER and I can provide a no obligation demonstration of the system. 

Please contact me directly on either martin@creditserve.co.uk or call me on 01992 414222.   

Kind regards

Martin Brown

Senior Account Manager

www.creditserve.co.uk

01992 414222

Most Important Things To Look For In Business Credit Report

Introduction

When carrying out credit checks on potential and existing customers you will almost always be drawn to the credit limit of the company and feel assured that if the credit agency states a credit limit then that is all you need to look at, this is not always the case.

This blog looks at some of the other main factors that we suggest are looked at when carrying out credit reports and setting credit terms for customers.

The following points will give you a better view of a respective company as a whole and ensure that you are more aware of potential risk of failure:-

1). Age of Company: This will give an indication if a company has operated for a substantial amount of time, where the likelyhood of failure is statistically less than a newly incorporated company.

2). Filing Dates of Annual Accounts and Returns: Statistically companies who file financial information close to or beyond the year end date are more likely to file poor financial information.

3). Group Structure/Share Capital: If a company is privately owned or as part of a group can give and indication of the likelyhood of failure.

4). Derogatory Information: Within a credit report there will be a section for derogatory information and within this section it will show and CCJ's, Winding Up Petitions, Liquidations and Receiverships.

5). Director Database Information: Within our credit reports we offer a full director database check on the director of said company, this will enable you to look at this Director's other limited companies and show you the credit limit associated with these companies. 

6). Financial Information: Looking at a company's balance sheet and if available profit and loss account will give you a detailed picture of the subjects financial position at the time those accounts are filed at Companies House. Please keep in mind that limited company filing regulations state that a limited company has 9 months from year end date to file the next years accounts. Therefore financial information becomes historical.

Creditserve offers online credit reporting packages to suit all requirements and budgets so please feel free to visit www.creditserve.co.uk or contact me directly on 01992 414222 or email martin@creditserve.co.uk for a free no obligation demonstration.

How to carry out a one off credit check on a UK business.

Business Credit Checking

When it comes to supplying goods/services on credit terms to business partners it is wise to carry out a credit report or credit check. There are many different degrees of information available and what you are looking for is an in-depth insight at the company in question to determine the risk of entering into a business relationship with them.

Business information for limited companies within the UK and Ireland have to file their information such as statutory information, group structure, financials and director information at Companies House. 

Credit reference agencies such as Creditserve offer the most up to date credit reports on every UK and Irish limited company on either a pay as you go basis or within packages which can be catered to suit specific requirements. You can access a credit report on any company of your choice by following these few basic steps:-

• Visit www.creditserve.co.uk then in the empty search panel input the company name of your choice.
  
• You will receive search results of matched and closest matched companies, select the relevant company by clicking view details on the right hand side.
  
• Add the 'Business Report' to basket to make your purchase, then go to checkout.
  
• At this stage fill out relevant details and you will be given a USER NAME & PASSWORD for any future reports you may require and payment will be taken upon filling out your card details.
  
• The report will be sent to you via email and you will also be able to view the report in the 'Account History' tab once logged in. 

Creditserve would be happy to provide a no obligation demonstration of the online system and then supply a quotation for your specific requirements. However please feel free to view our sample reports here.

We also offer a guaranteed 25% reduction on any current UK contract with any competitor so please feel free to contact us directly.

Creditserve Business Information Ltd

01992 414222

sales@creditserve.co.uk 

Top Tips for Credit Control and Debt Recovery

Good Practice

When carrying out good credit control, where is the line between being clear and being rude?  Well, after being a commercial debt collector for more years than I care to remember (or to put in black in and white!) in my view there is no place for the latter and every need for the former.

In my experience though many debtors perceive clarity as rudeness, perhaps because they are feeling defensive?  However, effective credit control is all about clear, unambiguous communication both verbally and in writing.

Part of the secret to getting paid on time is to be explicit with your customers about what you want and what, if they have signed your terms and conditions, they have contracted to.

When you first open an account, advise the new customer what their credit limit is and when their payments must be made by.  Also tell them what the sanction will be if they don't adhere to your terms.  Will they have to pay late payment interest, or go on stop?   Will you pass the account out to a commercial debt recovery agency? Will you, ultimately, take legal action?  

Make sure that your invoice has arrived with your customer, "Hi it's George from George & Sons, just checking that you have got our invoice and that it is being processed for payment by the thirtieth? You have? Great. Have a good weekend, are you going to watch the game?" Suddenly credit control does not have to be hostile, it can be used as an opportunity to build and enhance relationships with your customers.

Creditserve Collections is a good debt recovery agency, I think, one of the best.  But by the time you have to pass a debt out for collection, even to the best agency, you will have missed so many opportunities to get paid.  Don't wait until a customer is late paying you before you contact them.

So be clear, be proactive and if all else fails ring Creditserve Collections on 01992 414222 for expert debt recovery, credit control out-sourcing and credit control advice.

The Corporate Version of 'Phoenix from the Flames'

In mythology, a phoenix is an immortal bird that, when it dies, bursts into flames and is reborn from its own ashes. "To rise from the ashes of the phoenix" means to make a miraculous comeback.

We are all well versed with the saying 'Phoenix From The Flames', however the meaning has taken new form recently with the corporate world seeing more and more limited companies failing and then resurfacing shortly after under a very similar limited company name, with the same business shareholders and directors!.

Now companies that fail for whatever reason is not new as new statistics tell us that 50% of new businesses do not make their 3rd birthday. This is quite a staggering statistic, however we all know that for whatever reason there will always be businesses that cannot continue to trade.

There are some ways of protecting your company against this form of injustice, one way would be to carry out extensive credit checks prior to dealing with your customers. Credit agencies offer online facilities to obtain instant credit information. These credit reports are generally well detailed with financial accounts, shareholder information and director information, within the director information you will be able to view other limited companies that the respective directors have operated and their current credit limit and status.

These online credit checking agencies provide what is called a monitoring service which will keep you informed via email of any changes which happen to your customers and therefore will keep you up to date with important 

Creditserve offers various credit reporting solutions which can assist in making initial credit decisions, maintaining account management through company monitoring, group structure credit reports, director database reports, companies house documents with our professional debt recovery department as a back up to the online credit checking facility we offer.

There are packages to suit any size company or budget and our credit reports are of the highest standard which makes Creditserve one of the fastest growing credit reference agencies in the UK. 

If you would like more details on any of our services whatsoever please do not hesitate in contacting us through sales@creditserve.co.uk, LinkedIn Page Creditserve Business Information, twitter@creditserve1 or on 01992 414222

International Business Information. Do you know who you are dealing with?

ONLINE OVERSEAS BUSINESS CREDIT REPORTS

Creditserve are pleased to announce that we have added a further 7 European countries to our already extensive overseas online credit reporting services, these new countries are as follows:-

Iceland, Liechtenstein, Lithuania, Luxembourg, Malta, Portugal and Slovakia.

The new countries have now been added to our already extensive online overseas credit reporting services available in the following countries:-

Belgium, Czech Rep, Denmark, Finland, France, Germany, Iceland, Italy, Netherlands, Norway, Poland, Spain, Sweden, Switzerland and USA.

We can confirm that we are able to provide these reports on a Pay As You Go basis of £30 + VAT per report, however packages are available to suit any and all requirements.

OFFER

For a one off online payment of £200 + VAT we will give you access to 10 online overseas reports in any of the countries outlined above with no time restraints to use them by. 

http://www.creditserve.co.uk/Online-Shop/Discounted-pack-of-10-online-European-reports

If you would like discuss details of what is included within the online overseas reports or what packages we can offer for larger requirements please do not hesitate to contact us on 01992 414222 or email martin@creditserve.co.uk.

Kind regards

Martin Brown

Senior Account Manager

Creditserve Business Information Ltd

Online Credit Checking Is The Simplest & Most Cost Effective Way To Protect Your Sales Ledger!

There are many ways to secure your own companies sales ledger and protect your company against bad debt from credit insurance policies to outsourced credit control functions.

These choices are in themselves good options, however these two specific ways to ensure you are protected are very costly and have their own pitfalls.

Creditserve offer a cost effective online credit checking facility which is both simple to utilise and cost effective no matter the size of your company. Our options can vary to suit the individual customers needs, but in all cases we do not compromise on the quality of our reporting data and our acceptional customer relations is second to none.

Creditserve offer a spectrum of searches and systems which include the following:-

Unlimited access to limited company credit reports in UK and Republic of Ireland.

Unlimited access to unincorporated company credit reports in UK and Republic of Ireland.

Unlimited access to director database reports in UK and Republic of Ireland.

Access to Companies House documents.

Instant online access to overseas credit reports throughout Europe and USA.

Investigative reports on companies in any country worldwide.

Debt recovery carried out on a no collection no commission basis.

Consumer credit reports (data protection license required) available.

Anti Money Laundering checks available. 

If your company is in need of obtaining quality business/consumer information and wants to reduce your current annual contract spend or if you have yet to utilise a credit reporting system then please visit www.creditserve.co.uk for more information or simple email martin@creditserve.co.uk for a no obligation trial and quotation.

Not only can we offer all of these services but we also guarantee to reduce your current annual agreement by at least 25%!!!

A bit of fun!

Obviously with Mr Franklin endorsing our product I just wanted to inform you that we have an offer on our uk business credit reporting - £350 gets you all of the below:-

Unlimited access to any UK limited company

Unlimited access to over 3 million non limited businesses

Unlimited access to director database information

Access to 200 companies house documents

Unlimited access to company monitoring

Debt recovery on a no collection no commission basis.

Just email martin@creditserve.co.uk or visit www.creditserve.co.uk for more information. You can also follow @creditserve on twitter or Facebook to receive daily updates and offers.

Have You Ever Considered Outsourcing Your Credit Control

Outsourced Credit Control

A number of our clients have previously requested us to provide "in-house" credit control services and outsourced credit control services so as a result we have recently added outsourced credit control services to our growing range of credit control and credit management services.

Why use Outsourced Credit Control Services?

Outsourced credit control can be used to cover sickness or illness, to provide a credit control function for small businesses that don't have available resources, or to complement an existing a fully-fledged credit control department during seasonal or peak times.

Booking or Enquiring about Outsourced Credit Control Services or Credit Management:

Should you like to book our outsourced credit control services or Credit Management or you require further information please complete the contact form, call Chris York or Laura Ferrie on 01992 414222 or email us on sales@creditserve.co.uk

Here are just a few of our customers thoughts on the services provided by Creditserve

Lets be honest sometimes operating a business is hard, but also its rewarding too! 

I thought I would post a few of our customers thoughts on the various services we provide just to give you a taste of what you can expect to receive from us as a credit reference and debt recovery agency.

Towers use Creditserve online and bespoke credit reports in conjunction with our credit Insurance policy, we find this combination gives our sales ledger very good protection from bad debt. 

Richard May,Trading Director Towers Thompson 

I have been using Creditserve for a number of years, the service is always efficient and accurate. Being able to request ad-hoc reports tailored to my needs is an invaluable service, especially in the current economic climate.

Jillian Doyle, Credit Manager, Bacardi 

We have used Creditserve for some years now and find their debt recovery service to be efficient and cost effective.They provide a personal and professional service and they are happy to provide specialised advice when we need it.

Naser Khan, Finance Director, Bestway Group 

If you feel that you would like to know a little more about any or all of the services we provide from online credit reporting to debt recovery please feel free to call us on 01992 414222 or email martin@creditserve.co.uk or furthermore you can visit www.creditserve.co.uk for more information.

'Tis the season to be diligent! Business failure in January is rife....

Christmas has come and gone, the Christmas trees have all but gone, people have eaten their fill and now is the time for people to return to work and their businesses to be collecting their outstanding monies from their customers. 

But as we all know the pre-Christmas spirit rarely transfers into the new year.

January is statistically the month in which most UK businesses fail. Whether it be the sad story of their bigger customers withholding payments longer than they might or the more sinister reasons that cause small businesses to fail just shortly after the Christmas boom.

Lets be honest you have worked hard to acquire the customer, quote for your products or services, deliver them to the best of your ability but now all you want is to be paid... Isn't that the way it should be?

There are professional agencies who specialize in commercial debt recovery in a cost effective manor and there are also credit checking systems which will allow you to credit check your customer database to ensure that you will not be on the receiving end of a bad debt.

Creditserve offer a cost effective, competative and professional credit reference and debt recovery service so if you have any questions or simply want some advice please feel free to contact martin@creditserve.co.uk or call 01992 414222. You can also visit our website www.creditserve.co.uk for more information.

All the best

Martin Brown
Creditserve Business Information Ltd