Cash flow concept.Sterling have an 8 year history of collecting debts on behalf of accountancy firms.

We have developed a thorough understanding of the market and in particular how to resolve the familiar disputes raised by debtors.

On occasions our clients wish to collect from a debtor whilst retaining their ongoing business (e.g. where a firm is providing service to a number of connected entities), in which case we are able to collect in a manner which takes account of the relationship.

We use a professional, escalating approach to collect the vast majority of debts without the need for legal action. Where legal action is necessary Sterling will contact our client to discuss the merits and risks of such action and will only advise our client to take action if a positive cash outcome can be achieved. Our solicitor has extensive experience in litigating for accountancy firms and therefore is able to analyse and put together a strong case efficiently. The strength of our submissions means the majority of cases are settled without going to court.

In addition to debt recovery we have advised our clients on improvements to their order to cash process and terms of business. The improvements reduce the risk of bad debt and allow our clients to recover ageing debt more efficiently.

Testimonial : Accountancy firm, London

It’s not often we suffer bad debtors but we have had a number of cases where our client has gone missing or has refused to pay their bill. Sterling Debt Recovery are always able to track down the debtor and usually collect without having to go legal. As a credit manager it’s good to have a debt collection partner I can trust.