About Us
Why Choose us
LPL Recover your overdue accounts quickly and cost effectively.
Let LPL assist your cash flow and reduce debtor days. Speed up your recovery and send a Letter Before Action Late Payment Demand
Letters issued by email and post immediately for instant results and quick payment
The process of collecting debts can be split into 4 stages
Corporate debt recovery is the process of pursuing payments of debts owed by Companies and sole trader businesses.
An email or letter from a company such as LPL is a cost-effective route for Credit Controllers and Business Owners and Managers to take control and speed up payment of overdue accounts.
The majority of collection agencies charge a percentage of the total amount owed if paid after the letter or telephone contact.
The letter and email services we offer make it simple and cost effective for you to recover your overdue accounts quickly and cost effectively
You can find a full breakdown of our costs.
If payment is not received in response to the letter we can pass the matter to our legal team for legal action or you can issue your own legal action via money claims online.
A member of our experienced and friendly team can discuss with you the best course of action depending on the age and value of your debt.
Should an account be disputed then we can advise you on the likelyhood of recovery, and if we would recommend you proceed to legal action. We give you advice on how to deal with the situation and offer a mediation service to try and come to a settlement agreement on disputed matters which is sometimes a better outcome than going down the legal route and having costly solicitor fees, that are not recoverable even if you are successful if your account is less than £ 10K.
If you decide to go down the legal route with our solicitors then we monitor your case and will keep you updated and explain the progress.
For large accounts over £5k then a different process such as a Statutory Demand and Winding Up/ Bankruptcy Proceedings may be an option, and this will be discussed with you. We do offer a Statutory Demand letter for debts over £ 5K and we can follow this through with the Statutory
Improve your cash flow today with Late Payment Letters
We specialise in assisting large organisations who require a bulk email and letter service.
Industries include Builders Merchants, Manufacturers, Wholesalers to name a few.
We only require the name and address of the debtor, along with the date payment was due and the amount outstanding.
This allows you to claim interest, compensation and your reasonable debt collection costs under the Late Payment of Commercial Debts (Interest) Act 1998
Bulk instructions accepted in a number of formats, excel, csv etc. please contact us for details
Credit Control is a very important piece to running a business and if not carried out properly and efficiently then late payment can seriously affect your cash flow and ability to trade. This can be time consuming for a small business this is where we can assist with our undisclosed credit control service which is great for small business owners who do not have time to do credit control and also it’s a good idea to distance themselves from clients with whom they have a good sales relationship. We offer a undisclosed credit control service where our team can call your debtors as your company to chase up accounts overdue and send out emails from you as your creditcontrol department.
Ensure everything is correct and accurate
Do not give incorrect information on the invoice. This could be the loophole your customer is looking for not to pay you.
Making errors on the invoice will also delay your payment because the correction process is lengthy.
Check that the invoice has the correct customer, correct date, correct product/service, proper address, and the total amount owed. This is crucial to the business, so do not take it for granted.
Some firms, however, especially the larger corporate companies, will require or demand longer payment terms of between 60 and 120 days. They may have imposed there Terms and Conditions on you so you need to ensure that your Terms are agreed prior to providing goods or services.
