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?
