Strikes Property Services Group offers a comprehensive, professional and effective commercial debt recovery service designed to help businesses reclaim what they’re rightfully owed. We understand the challenges: cash flow disruption, wasted resources and financial pressures on your business. To maximise recovery potential, it’s crucial that you engage our services as soon as payment issues become apparent.
At Strikes, we pride ourselves on being contactable when we’re needed most, with emails and phones answered promptly. We keep all stakeholders informed at every step, for complete transparency and peace of mind. After every debt recovery case, we provide a detailed report, which goes above and beyond industry standard – and we never withhold client’s money.
Our experienced team, including specialised debt recovery experts, brings extensive experience and knowledge to every case, adopt a practical, results-oriented approach. This often allows us to achieve debt resolution without the need for immediate court intervention, which can potentially save you money. Our agents aim for amicable resolution every time and are trained in professional negotiation, de-escalation and maintaining business relationships where possible.
What is Commercial Debt Recovery?
“Commercial debt recovery” refers to the professional process of recovering unpaid monies owed to businesses. Commercial debt typically involves unpaid invoices for goods or services provided by one business to another, distinguishing it from consumer debt collection.
As invoices grow older, it becomes more difficult for businesses to recover what they’re owed. This often results in valuable time and resources being spent chasing late paying customers, which in turn diverts attention from your company’s primary business objectives. Commercial debts come in various forms, including unpaid invoices, utilities, service charges, overdue rent payments and unpaid legal fees or judgements.
In the UK, debt collection is governed by various statutes and regulations, including the Consumer Credit Act 1974, the Late Payment of Commercial Debts (Interest) Act 1988, Financial Conduct Authority guidelines, and the Insolvency Act 1986. These laws ensure all procedures are carried out in a fair, transparent and professional manner.
The commercial debt recovery process typically follows established steps: sending Letters Before Action, issuing Legal Claims through County Court if necessary, obtaining County Court Judgements against defaulting debtors – and finally enforcement action. Many businesses prefer solutions that resolve issues outside of Court, as this route is less time-consuming and cost effective. These dispute resolution methods include mediation and arbitration.
All our debt recovery professionals operate with the highest standards of professionalism and ethical conduct. Our communications are carefully documented and monitored for compliance. Any negotiations or payment arrangements are properly recorded, providing both evidence and accountability throughout the debt recovery process.
FAQs
Commercial debt recovery is the process of reclaiming unpaid financial obligations related to commercial property—such as overdue rent, service charges, or other arrears owed by tenants or businesses.
We recover a wide range of commercial debts, including: unpaid rent, service charge arrears, dilapidation costs, insurance contributions, and other contractual debts related to commercial leases.
Not always. In some cases, such as Commercial Rent Arrears Recovery (CRAR), landlords can recover rent without going to court. However, for other types of debt, a County Court Judgment (CCJ) may be required before enforcement.
CRAR (Commercial Rent Arrears Recovery) is a legal process that allows landlords to recover unpaid rent from commercial tenants by instructing certificated enforcement agents to take control of goods. It does not apply to service charges or other non-rent arrears.
We pride ourselves on rapid response. Once instructed, our enforcement agents can act swiftly—often within 24 hours—depending on the nature of the case and legal requirements.
If a debtor refuses to pay, we can escalate the matter through legal channels, including applying for a County Court Judgment (CCJ) and enforcing it via High Court Writs, where appropriate.
Yes. All our debt recovery actions are carried out in full compliance with UK legislation. Our team includes certificated enforcement agents and legal professionals who ensure ethical and lawful enforcement.
We primarily operate across England, including major cities such as Manchester, London, Birmingham, Leeds, and Liverpool.
We offer fixed-fee structures and tailored packages to suit your needs. Some services are payable on a pro forma basis, while others are invoiced with 14-day terms. Please contact us for a personalised quote.
Simply contact us for a free, informal consultation. Call us on 01133 229555 or email info@strikescs.com. Our team is available 24/7 for urgent enquiries.
