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What our clients say about us:
Query Management helps us perform vital credit rating decisions on our new and existing customers based on up to date financial data. The turnaround time is very fast and Chris adds a friendly and personal touch to the service. I can strongly recommend Query Management and their services has had a very positive impact on our business. With their help we have implemented an effective and fair credit management policy, which suits our individual business needs. Jenny Harper Magical Play Times Ltd
Chris got money outstanding from an eleven-month old invoice paid for me in full within days. The client had given me the usual excuses a number of times, and I'd given up hope of ever seeing the money - Chris's intervention made all the difference. Beverley Moore Writing Point
"Our experience of working with Query Management has been excellent. Through their flexible approach it has been possible to customize a solution to meet our exact needs. Chris Gibbons is very effective at managing credit in the B2B sector, including excellent communication with our sales teams. In particular they can provide TLC to those accounts which require special attention in order to ensure acceptable payment performance."
Mike Boswell Managing Director Polymer Distribution company, Leics.
"I was doing all the company's debt chasing personally and getting bogged down, I contacted Query Management after reading an article in Chamberlink. Customers are responding well and Query Management already feel like part of our team, what's more we banked an extra £20,000 in the first week of the contract we would not normally have received until weeks from now. We have experienced strong sales growth in our first quarter and I now feel confident that we have the right team in place for the future and I am now able to concentrate on essential strategic issues"
Oliver Romain Managing Director Exhibition & Publishing company, Macclesfield
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STATISTICS RELEASED:
INSOLVENCIES IN THE THIRD QUARTER 2009 - down Q109 = 4941 Q209 = 5055 Q309 = 4716 Statistics showing insolvencies in the third quarter 2009 have been published by the Insolvency Service.
COMPANY INSOLVENCIES There were 4716 compulsory liquidations and creditors' voluntary liquidations in total in England and Wales in the third quarter 2009 (on a seasonally adjusted basis) This was an decrease of 4.7% on the previous quarter but an increase of 14.6% on the same period a year ago. The Insolvency Service 6th November 2009. INS/COM/50
In 12 months ending Q309 approximately 1 in 114 (0.9%) companies went into liquidation, which is slightly up on the previous quarter when the figure was approximately 1 in 120.
Late Payment Legislation
The UK was one of the first countries in the EU to introduce legislation to promote a culture of prompt payment. That was in 1998.Since then, in August 2002, provisions have been extended. more.... EXCUSES OF THE MONTH
'I put the invoice on top of the toaster - it burnt, sorry.'
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