WEL Collections Limited

21/03/2025

Comprehensive Guide to Credit Control for Small Businesses

Understanding Credit Control What is Credit Control? Credit control is the process a small business uses to ensure credit is given to customers who can pay it back on time 1. It involves deciding who to give credit to and how to collect the debt 1. Why is Credit Control Important? Credit control min...

18/12/2023

Is keeping a duplicated payment, and not telling your client, stealing ?

24/11/2023

The effects of Late Payment of Invoices on businesses.

Late payment of invoices can have significant effects on businesses, impacting their cash flow, profitability, and overall financial health. In this article, we will explore the various consequences that businesses may face when dealing with delayed payments from their clients or customers. From cas...

07/10/2023

19/08/2022

“Cheque is in the post” when was the last time you heard this ? (Exception for US clients)
BACS payments are almost immediate these days so that old excuse can no longer be used to delay payment.
Did you know that Starling Bank has a feature on the app to see payments that are pending ?
So when someone says they’ve paid and it doesn’t arrive immediately you can see when it will actually hit your account.
Great feature !

09/08/2021

Received this amazing review today. It is such a good feeling to help people. I just need to spread the word more.

I had a client that had refused to pay 3 months worth of invoices and repeatedly used a variety of different excuses to explain non-payment and try to continue receiving services. After approximately 6 months of repeated excuses from the client for non-payment I handed the case over to Wendy at WEL Collections (a recommendation from a business partner). I provided her with all the client's details as well as what had happened so far. She quietly and efficiently set to work. And despite receiving a few excuses from the client was able to receive the full payment from the client without the need for court proceedings. Not only did I receive a payment that I had essentially given up on receiving, WEL Collections did not charge me any fees upfront, claiming their payment through additional collections charges passed on to the client. This was incredibly useful for me, because being a small sole trader I did not want to pay collections fees for a debt that might never be paid, leaving me yet further out of pocket. This offer from WEL Collections and the outcome are everything I could have hoped for and would recommend Wendy in an instant to any other company struggling to receive payment from troublesome clients.

02/07/2021

https://www.ukdcnews.co.uk/economy/late-payment-clampdown/

25/03/2021

See what happens when you don’t pay your bills on time 😮

https://ronproject.com/shredded-money/?fbclid=IwAR3eLwe_PHEVsJUuBiJgrqz0cPg-jMkl6P-NJbhIubXi1p_iDkJx0QD8R4g

It was an unpleasant discovery.

02/03/2021

https://www.msn.com/en-gb/travel/news/couple-are-fined-10-000-each-after-failing-to-quarantine-on-return-from-dubai/ar-BB1e9uir?ocid=msedgdhp

A little bit like owing money. You can try and find a way around not paying - until there is no where else to go.

Couple are fined £10,000 each after failing to quarantine on return from Dubai

02/02/2021

Finding the correct balance 😃