Rising Insolvencies Highlight Urgent Need for Fast, Effective Debt Recovery

The financial pressures facing UK businesses are intensifying. Official figures show there were 2,238 registered company insolvencies in England and Wales in May 2025—an 8% increase on April and 15% higher than May 2024.

Monthly insolvency numbers for the first five months of 2025 remain slightly higher than in 2024 and are tracking closely to 2023, which recorded a 30-year high in annual insolvencies. With the average debt per company now standing at £365,375, cashflow is under enormous strain.

We are specialists in Debt recovery and the associated Litigation.

In this climate, the speed of your response matters. When companies start to struggle, creditors who act fast stand the best chance of recovering what they’re owed. Delay, and you risk ending up at the back of the queue—often behind banks, HMRC, and other aggressive creditors.

At Lane & Co, we help businesses move quickly and decisively. You can instruct us in minutes, and we act without delay—whether it’s a standard Letter Before Action, a fully compliant Pre-Action Protocol letter, or even a 72-hour Winding-Up Notice where necessary.

We offer cost-effective solutions to suit every budget.

As a third party, we help you maintain professional relationships with your clients while still pursuing overdue accounts forcefully and efficiently.

72 Hours to be Paid:

How Lane & Co Recovered Outstanding Debts in Record Time

Fabulous results just last week:-

  1. Original debt owed to our Client was over £55,000.00. Debtor had already paid £20,000.00 but failed to pay the balance due. Lane & Co served a 72 Hour Insolvency Notice last Thursday, payment received within the 72 Hour deadline.
  2. Original debt owed to our Client – over £18,000.00. Following Judgment – Debtor still refusing to pay so Lane & Co Served a Winding Up Petition on the Debtor. Following a letter to the Defendant outlining the further costs incurred in Serving the Winding Up Petition on 16th July – payment in full of the original debt plus all costs (amounting to over £23,000.00) was received into our Client Bank Account on the 18th July.

Fast and Effective

Can you afford not to?