small business .. how long to pay an invoice?

theesel1994

I suggest you visit this site :
http://payontime.co.uk/
to see what compensation and interest you may be entitled to.

relynutz

Premier wrote: »

Is this a new business you have recently started, or are you really that unknowledgeable of the trade you are in? :huh:

https://forums.moneysavingexpert.com/discussion/2419999

Either way, they seem to have saw your business weakness and taken you for a ride.


Taken for a ride! Taxi company. Gettit? :rotfl:

Yes I am a new business, we started trading on 1st June 2009.
although i know what garages local to us charge i thought it would be an idea to have a wider idea. thanks

relynutz

some people have suggested to me that i should go and remove the parts off of the vehicle, I repeatedly rand the taxi company regarding payment and was fobbed off with excuses, then one time i was told to F *** off, to never to contact him again , and to stop harrassing them, any more calls and he would go to the police..
I have an appointment with a solicitor and I am going to a meeting tonight with the FSB tonight.

GEEGEE8

relynutz wrote: »

some people have suggested to me that i should go and remove the parts off of the vehicle, I repeatedly rand the taxi company regarding payment and was fobbed off with excuses, then one time i was told to F *** off, to never to contact him again , and to stop harrassing them, any more calls and he would go to the police..
I have an appointment with a solicitor and I am going to a meeting tonight with the FSB tonight.

Let him go to the Police, I'm certain they won't be interested.

Take him to small claims court.

baby_fuzz

do you have an 'interest added' for late payment of invoice? By pointing this out to them in a letter sent with an invoice of outstanding debt, maybe it would help motivate them?

Mahmood_Reza

See what your solicitor says (and clarify if any costs). If you feel comfortable doing so I would suggest a letter pointing out that the debt is overdue and that if money not received within (say) 7 days then formal action will be taken (send proof of posting). Visit the site the government site - moneyclaim.gov.uk and pursue via county court - you can add statutory interest at 8% from payment due date + court fees. Check who the defendants are (eg if company is limited then they are the defendant). Because you have been reasonable they have interpreted this as a signof weakness and hope that you go away.

In future, add a comment to all invoices saying that you reserve the right to charge interest on all unauthorised delays and that legal title remains yours until settlement made.

relynutz

i also tried ringing yesterday ahead of my solicitors appt and he just put the phone down on me.

I will ammend my invoices tomorrow to state interest added for late payment too.