19 08,2025

When does 30 days Payment Terms mean….. 30 Days?

2025-08-19T13:17:50+00:00Categories: Uncategorised|

“30 Days” Can mean a lot of things….

For instance – 

When does the clock start ticking ? Is it ….

▻ Date of Invoice

▻ Delivery of Service

▻ Client’s receipt of Invoice

Unless your engagement letter or contract specifies otherwise – the statutory default is 30 dqays from the later of:-

  • The date the Client received the […]
31 07,2025

Urgent: 38 Businesses Shut Every Day Because of Late Payments

2025-07-31T13:08:31+00:00Categories: Uncategorised|

Late Payment Crackdown: Stricter Rules, Bigger Penalties, Faster Recoveries

Recent UK Government reforms have launched the toughest measures on supplier payment delays in a generation. Here’s what that means for you:

  1. A staggering £11 billion annual cost to the UK economy caused by late payments.
  2. 38 small businesses die every single day due in part to […]
31 07,2025

Insolvencies Surge Again: Be Proactive

2025-07-31T12:42:04+00:00Categories: Uncategorised|

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 […]

25 04,2025

Mediation and ADR – Valuable tools in Your Debt Recovery !

2025-04-25T08:44:37+00:00Categories: Uncategorised|

Why Mediation and ADR Are Valuable Tools in Debt Recovery—But Litigation Still Holds Strong

In today’s legal environment, clients are increasingly hearing about mediation and other forms of Alternative Dispute Resolution (ADR) as efficient alternatives to courtroom battles. At first glance, this might seem at odds with the goal […]

24 03,2025

Company Guarantee -v- Personal Guarantee

2025-03-24T16:20:35+00:00Categories: Litigation Services|

At Lane & Co we have had experience with our Clients coming to us informing us that they are quite happy that they have a Company Guarantee from the Debtor Company’s Holding Company or Sister Company guaranteeing all debts from the Debtor Company.

On paper that sounds great […]

22 01,2025

Best Results from Early Action

2025-01-22T16:07:57+00:00Categories: Uncategorised|

Why Chasing Your Debts Early is Essential for Your Business

Running a successful business requires careful financial management, and one of the most critical aspects of this is ensuring that your cash flow remains steady. Unfortunately, unpaid invoices and overdue debts can disrupt your financial […]

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