12 Most common excuses for debtors not paying (or only partially…) – Small business cash flow management advice from CRS. At CRS our team of endorsed debt recovery specialists strive to maximise the full potential of recoveries on every case. Of course, we’ve heard our fair share of excuses along the way. Here are some...Read More

We are all well familiar with the topic of Brexit. Amidst the talks; vague plans, ambiguous terms, and general uncertainty about the future. But for an industry of its size and significance to the economy, there is worryingly low awareness of the potential impact of a ‘no deal’ Brexit on the future of construction in...Read More

Just because Carillion hasn’t been in the headlines for a few weeks and you may not have felt the impact of their demise yet, don’t think that we are out of the woods.  Obviously, there will be those businesses that have been directly impacted, which hopefully, will be actively seeking professional advice, but the number...Read More

A mere 4 out of the Top 100 Construction Companies have signed up to the government’s Construction Supply Chain Payments Charter since it was set up in January 2015 and not a single Top 5 construction company has signed up!   Are you surprised?   The Construction Supply Chain Payments Charter’s ambition for 2025 is...Read More

Build UK, an organisation that represents 40% of the construction sector is looking to learn lessons from the demise of Carillion and is trying to lead a wholesale change in the way that the industry operates, to bring about an industry that is fairer, more efficient and ultimately more profitable. And these views have been...Read More

The knock-on effect of Carillion’s failure is potentially massive for the construction industry, even for those contractors who don’t work for them directly. IP’s are likely to be consulted in the weeks and months to come by construction businesses and, as specialists in construction, CRS Group can work with you to provide a solution.  ...Read More

The amount of work we receive from INSOLVENCY PRACTITIONERS AND ASSET BASED LENDERS that other people have ‘already had a go at’ is astounding.   Whether it be internal staff, other debt recovery ‘specialists’, lawyers or even other QS practices claiming to specialise in finance and debt recovery… time after time we find people referring...Read More

Want to hear more about construction debt recovery?   IPs Urged to Monitor Construction Businesses as Decline Forecast   The Construction Products Association has downgraded its forecasts for the construction industry with no growth expected in 2018 and CRS Managing Director Tim Shore warns insolvency practitioners to beware of this when assessing construction clients.  ...Read More

Network Rail has this week announced that it will be banning all retentions. A move which is intended to protect sub-contractors in tier 2 of the supply chain. The overhaul means now that contractors must use project bank accounts and payments must be made to suppliers within 28 days of works being carried out.  ...Read More

It may have not gone unnoticed that I’ve had a bit of a bee in my bonnet about Carillion, the way that they acted, the way that they allowed the company to fail and the way that they treated their subbies.   But most of all, and of interest to many IPs and subbies is...Read More