Reply to: Have broken a habit

[psionmark]

Another thing I use is 'CREDITFOCUS Monthly Credit Monitoring Alert'. It came free with the Barclays Business account so I'm well aware of the state of the Consultancy I'm working through right now. Just wish I'd started using it before that Nick Phipps of RMI Recruitment took a weeks money off me.

I could've done with that. He still owe's me about 5 weeks.

[d000hg]

Thanks for your post Doogie. I'm sorry but the post of Suitys bitch was filled last Friday by Eek.

What a well-reasoned comeback.

[eek]

Thanks for your post Doogie. I'm sorry but the post of clueless muppet was filled last Friday by Suity.

FTFY

[speling bee]

Thanks for your post Doogie. I'm sorry but the post of Mrs Suity's bitch was filled last Friday by Eek.

FTFY

[suityou01]

Nope. And the majority of people on CUK have been contracting since 2007, including myself, so that's no great boast even if it were true.

Thanks for your post Doogie. I'm sorry but the post of Suitys bitch was filled last Friday by Eek.

[speling bee]

I would be happy with that if they agreed to my payment terms and looked good on the credit report.

Thanks again. I don't have a good gut feeling about it. I don't feel they've been entirely straightforward with me. Their preferred peculiar payment terms suggest they can't factor payment. I think I will offer either payment up front or to work via an agency who can take the risk if they wish to. Working direct is unlikely to be acceptable.

[d000hg]

I have been running my business for 7 years and through the toughest financial climate the world has ever seen

Nope. And the majority of people on CUK have been contracting since 2007, including myself, so that's no great boast even if it were true.

[BigTime]

6 years.

I would be happy with that if they agreed to my payment terms and looked good on the credit report.

[speling bee]

How long has the UK Ltd been trading?

6 years. I didn't know you could have an Undisclosed Shareholder.

[BigTime]

Further research...

Actually their Experian credit check says they're fine, because it ignores their ownership and poor cash position. And their ownership looks better than I initially thought because 10 days before their parent company (which owned the sole allocated share) went into liquidation, 999 shares were allocated to an undisclosed owner. Hmmm.

How long has the UK Ltd been trading?

[speling bee]

How about invoicing the end client directly and paying the consultancy their cut once its received on the basis that your bank's credit checks said NO are you having a laugh....

Further research...

Actually their Experian credit check says they're fine, because it ignores their ownership and poor cash position. And their ownership looks better than I initially thought because 10 days before their parent company (which owned the sole allocated share) went into liquidation, 999 shares were allocated to an undisclosed owner. Hmmm.

[speling bee]

How about invoicing the end client directly and paying the consultancy their cut once its received on the basis that your bank's credit checks said NO are you having a laugh....

That is a possibility and I will raise it as another option, thanks. Actually, the consultancy can invoice directly for the cut. However, I don't think they'll go for that because of the questions that will be raised.

[BigTime]

Another thing I use is 'CREDITFOCUS Monthly Credit Monitoring Alert'. It came free with the Barclays Business account so I'm well aware of the state of the Consultancy I'm working through right now. Just wish I'd started using it before that Nick Phipps of RMI Recruitment took a weeks money off me.

[eek]

Thanks.

They're a consultancy, not an agency, so I think PCG Plus won't 'work'. I'm not sure I want to offer 30 days after monthly invoice = 60 days. I doubt they'll go for payment up front, but anything else seems like an unacceptable risk.

BTW, I have other full time contract work, but was going to run two clients part time /

How about invoicing the end client directly and paying the consultancy their cut once its received on the basis that your bank's credit checks said NO are you having a laugh....

[speling bee]

You need to set your own payments terms (the maximum I would offer is 30 days after invoice) and since this lot look dodgy, factoring and pcgplus protection looks worthwhile.

Thanks.

They're a consultancy, not an agency, so I think PCG Plus won't 'work'. I'm not sure I want to offer 30 days after monthly invoice = 60 days. I doubt they'll go for payment up front, but anything else seems like an unacceptable risk.

BTW, I have other full time contract work, but was going to run two clients part time /