Genuine No Win, No Fee Business Debt Recovery
Our pricing is built around successful recovery, not setup fees, administration charges or repeated fees for each stage of the process. General collections are handled on a genuine no win, no fee basis.
No recovery, no payment
If we do not recover money, you do not pay our recovery fees. There are no setup fees, administration fees or routine collection charges.
Viability reviewed first
We review recovery prospects, debtor status, signs of distress and available recovery routes before recommending action.
Qualifying cases
Letters Before Action, Statutory Demands, County Court Claims and High Court Enforcement may be funded where suitable.
Clear communication
Clients are updated on actions taken, debtor communications and planned next steps throughout the recovery process.
No setup fees. No admin fees. No recovery, no payment.
We do not charge clients simply to open a file, create an account, send routine collection communications or progress each stage for the sake of generating revenue.
Our general collections service is handled on a genuine no win, no fee basis. If money is not recovered, our recovery fees are not payable.
Commission rates are agreed before recovery action commences and are based on factors such as the value, complexity and circumstances of the debt.
Why We Don't Publish Fixed Prices
No two debts are the same. A recently overdue invoice owed by an active trading business presents a very different recovery profile to an aged debt involving disputes, insolvency concerns or enforcement action.
For this reason, every matter starts with a free recovery assessment. We review the debt, debtor position, company status, available evidence, signs of distress and recovery prospects before confirming the recommended route.
This ensures fees remain proportionate to the circumstances of the case while maintaining transparency from the outset.
How Funded Escalation Works
One of the key differences between HK Commercial Debt Recovery and many traditional recovery providers is our willingness to fund escalation on qualifying matters.
General collections remain no win, no fee. Where a case qualifies, we may also fund formal escalation routes that would otherwise create upfront cost barriers for the client.
- Letters Before Action
- Statutory Demands
- County Court Claims
- High Court Enforcement
Funding is assessed on a case-by-case basis and is only offered where we believe it represents a commercially sensible recovery option. We are always clear about what is included before escalation begins.
If the debtor position, available evidence or recovery prospects suggest that further action is unlikely to produce a sensible result, we will say so rather than encourage unnecessary escalation.
Interest, Compensation And Recoverable Costs
In many UK business-to-business debt matters, it may be possible to claim statutory interest, fixed compensation and certain recovery costs from the debtor under late payment legislation, where applicable.
Statutory interest on late commercial payments is generally calculated at 8% above the Bank of England base rate for business-to-business transactions, unless a different contractual interest provision applies. Fixed compensation may also be claimable depending on the value of the debt.
Where legal escalation or enforcement is required, certain additional costs may also be recoverable from the debtor. For example, High Court Enforcement fees are commonly added to the debtor's liability where enforcement is appropriate and successful.
We will consider these potential additional recoveries as part of the case review and explain what may be claimed before action is taken.
Why Businesses Choose This Approach
Many businesses are understandably reluctant to spend additional money pursuing a debt that has already gone unpaid.
Traditional recovery models may involve separate charges for setup, collection activity, letters, legal escalation, court action and enforcement.
Our approach focuses on successful recovery outcomes rather than charging for every stage of the process. This helps align our interests with those of our clients while reducing the financial barriers associated with UK business debt recovery.
What You Know Before Action Begins
Before recovery activity starts, we explain the recommended route and how the matter is likely to progress.
- Whether the debt appears commercially viable to pursue
- The recommended recovery route
- The likely stages of escalation
- Whether funded escalation is available on the case
- What fees or commission apply if recovery is successful
- How weekly case updates will be provided
Find out if your debt is recoverable
Submit your debt details for a free recovery assessment. We will review the debtor, recovery prospects, signs of distress and recommended route before any action begins.
Submit A Debt