Debt collection for Construction Companies
Specialists in Construction & Engineering
The construction sector remains the most significant contributor to insolvency statistics, accounting for 17% of all insolvencies in England and Wales in March 2024
98% success rate on recovering undisputed debt in 2024.
Recovering retentions
We have a team of experts who work solely on recovering outstanding retention payments boasting an impressive success rate
Managing credit risks
Offering a credit facility must be considered carefully and careful research and consideration must be carried out to mitigate risk
Construction Act
Two decades of working within the construction industry. We can help enforce elements of the Construction Act
Specialists in Construction & Engineering
Collection House has a long and successful record in managing and recovering delinquent debt in the construction industry. We work with some of the world’s leading multi-national consulting engineers and consultants on multi-million-pound projects; as well as regional construction businesses and sole traders.
With the construction sector remaining one of the highest risks for UK insolvency, we appreciate and employ the strategies needed to operate successfully in construction, whatever your sector of the industry.
Boasting an industry leading success rate of 98% on undisputed cases referred in 2024.
Leading Engineering & Professional Services Firm
These figures represent our recoveries for one global construction and engineering company in 2024.
“I would highly recommend Collection House Ltd. We used them recently to recover some retention owed from a company that had not responded to our emails or calls. We got Company House involved and we received payment within 48 hrs. There service was excellent, and we won’t hesitate in using them again”.
John Matthews MCICM
Managing Director
With over two decades of handling complex construction and engineering cases, John's experience and expertise is recognised throughout the industry.
Outstanding retention payments?
In the current economic climate, where businesses face increases in National Insurance payments, business rates, alongside other growing cost pressures, it is imperative to recover any monies that are owed to you. Retention payments can help ease cash flow problems for all kinds of contractors in the construction industry, albeit it's not uncommon for main contractors to withhold retention payments to protect their own cash flow – but at the expense of yours.
We can help with the below scenarios
1 - Check your contract
2 - Was the project completed without defects?
3 - Retention withheld due to snagging issues?
FAQs
How does your construction debt collection process work?
At Collection House, our construction debt collection process begins with immediate contact with the debtor. We review the construction contracts, issue a payment notice if required, and handle communication in line with industry regulations to protect your business relationships.
Our team uses decades of expertise in the construction industry to resolve outstanding invoices quickly. We aim to improve cash flow for construction companies by recovering debts efficiently, while keeping the process straightforward and transparent.
Can you recover outstanding retentions for construction companies?
Yes, recovering retentions is one of our specialist debt collection services. Many main contractors withhold payment after project completion, leaving subcontractors and smaller businesses struggling with cash flow. We focus on ensuring retention is released when contractual obligations are met.
We have successfully recovered construction debt in situations where retention was unfairly held back. Our approach gives construction companies the confidence that even difficult debts can be resolved quickly and professionally.
How long does construction debt collection usually take?
Every case is different, but our construction debt collection service is designed to act fast. We begin work as soon as you instruct us, with many unpaid invoices recovered within weeks, even where payment disputes have dragged on for months.
Complex supply chains in the construction sector can make debt recovery a difficult process, but our structured methods and clear formal documentation mean delays are minimised. The aim is always to recover money owed as quickly as possible while supporting your cash flow.
Do you handle construction disputes that lead to unpaid invoices?
Yes, we regularly manage construction disputes that result in unpaid invoices. These can arise when a contractor fails to honour agreements or when contractual obligations are disputed. Our debt recovery process is designed to find practical solutions while protecting your rights.
We understand how construction companies operate within complex contracts, and we know that bad debt often stems from disagreements around project completion or variations. By combining industry expertise with debt collection services, we help ensure fair payment outcomes.
Can small construction companies use your debt collection services?
Absolutely. Our debt collection agency supports both large companies and smaller contractors across the construction sector. No debt is too small, and we recognise that even a single unpaid invoice can put pressure on your cash flow in the current economic climate.
We provide a professional debt recovery service that treats every instruction with the same urgency. Whether you run a family business or manage multi-million-pound construction projects, our approach ensures that debts owed are pursued with equal determination.
What legal options are available if construction debt is not paid?
If construction debt cannot be resolved through standard debt collection methods, we can advise on legal action. Options may include issuing formal documentation for legal proceedings, taking cases to high court enforcement, or working with solicitors to pursue claims under construction contracts.
While most debts are recovered without court involvement, our team is prepared for escalation when necessary. We aim to resolve payment disputes before they reach that stage, but if legal support is required, our clients are guided every step of the way to recover what is owed.
