Product category:
Building Industry Finance, Law and Insurance
News Release from: Ward Hadaway
Edited by the Buildingtalk Editorial
Team on 22 October 2003
Ward Hadaway Gives Top Service
One of the construction industry's leading credit reference agencies has appointed Newcastle law firm Ward Hadaway to handle debt recovery work on a national basis.
Top Service, based in Redditch, Worcestershire, was recently voted the best construction industry credit reference agency by the Construction Plant Hire Association and will be introducing Ward Hadaway to their customer base of almost 3,000 businesses throughout the UK It is expected that the agreement will increase the volume of court procedures brought by the Ward Hadaway's commercial collection team by more than 50 per week - representing an annual collection figure of £8.4m
This article was originally published on Buildingtalk on 8 Apr 2004 at 8.00am (UK)
Related stories
Accreditation For AEC Director
AEC's founding director, James Ferguson, has received Action Energy accreditation for his unique approach to diagnosing improvements in HVAC control strategies.
ART VPS's Lee Griggs Selected As Maya Master
Lee Griggs, a product specialist with ART VPS, has been named one of six Maya Masters for 2004.
Top Service subscribers are provided with regular updates of company financial information, compiled from firms within the UK construction industry, allowing them to make informed trading decisions.
Ward Hadaway will support Top Service and provide legal assistance free of charge to those subscribers wishing to escalate their debt recovery proceedings.
Collection Services Manager Andrew Charlton, who has 15 years experience in debt recovery, will lead the Ward Hadaway team.
A member of the Institute of Credit Management and the Civil Court Users Association, Andrew is also Treasurer to the North East Discussion Forum of the Money Advice Liaison Group, an organisation that seeks to represent best practice amongst creditors and money advice workers.
He was one of the first members of a law firm to pass the Credit Services Association Diploma in Debt Recovery.
"Debt can be a huge problem for businesses and - if it isn't managed correctly - can mean the difference between success and failure, no matter what the size of the business," said Andrew.
"Top Service allows managers to make well-informed decisions when it comes to doing business, but beyond this, subscribers are also assured that any problems they do encounter will be handled by one of the country's top 100 law firms." Top Service Operations Director Matt Ricketts added: "We are delighted with Ward Hadaway's appointment as the firm has an excellent reputation for achieving results and this is exactly what subscribers have come to expect from Top Service.
"Andrew's enthusiasm is what led us into discussions in the first instance and we are looking forward to building a solid relationship with him and his team." Ward Hadaway took over all new instructions at the beginning of October and will take over any existing litigation from 1st November.
• Ward Hadaway: contact details and other news
• Email this article to a colleague
• Register for the free Buildingtalk email newsletter
• Buildingtalk Home Page
Search the Pro-Talk network of sites
