Every late business-to-business invoice carries statutory interest and a fixed compensation sum by law, whether or not your terms mention it. We recover commercial debt for UK businesses on fixed fees.
8% over the Bank of England base rate of 3.75%, the rate for debts where interest starts 1 July to 31 December 2026. Run it on your own invoice →
Statutory interest and fixed compensation on a late invoice, at the rate for the date it fell due, with the daily figure.
Open the calculator →Court fees at each stage and the total you can claim from the debtor.
Open the calculator →Statutory interest on a late commercial debt: 8% over the Bank of England base rate
Fixed compensation on every late invoice: £40, £70 or £100 by size, plus reasonable recovery costs above it
Limitation period for a simple contract debt, from the date it fell due
We confirm who the debtor legally is, whether the debt is still in time, and what it amounts to once statutory interest and compensation are added.
The formal letter sets out the debt, the interest, the compensation, the deadline and the next step if the deadline is missed.
If the debtor cannot pay in one go, we agree a written payment plan that keeps the interest and sets out what happens on default.
If the deadline passes and the debt is not disputed, AD Solicitors issue the claim. Issuing proceedings is reserved legal work.
The enforcement route is chosen to match what the debtor owns: control of goods, a charging order, a third party debt order or a statutory demand.
Badger chases your sales ledger on a schedule and works out the statutory interest and fixed compensation on every invoice, at the rate for the date it fell due.
A person reads every message before it is sent. Any invoice can be turned into a recovery matter in one step, with the debtor checked and a fixed fee agreed in writing first.
Each letter is addressed to the correct legal entity and states the interest, the compensation and the deadline.
Read more →Issued and conducted by AD Solicitors when the debt is undisputed and the deadline has passed.
Read more →Control of goods, charging orders and third party debt orders, chosen to match what the debtor owns.
Read more →Served on a company that owes more than £750 and has not disputed the debt.
Read more →Checking the debt, costing it, the letter before action, negotiation, settlement and payment plans.
AD Solicitors issue and conduct court proceedings on the same file, at a fee agreed before work starts. Their work is regulated by the SRA. Ours is covered by professional indemnity insurance and our own complaints procedure.
If a debtor has no assets, is not trading and has no prospect of paying, we advise you to stop before you spend more.
A formal final demand, with the statutory interest and compensation calculated and added.
The Pre-Action Protocol for Debt Claims applies, with prescribed contents, prescribed enclosures and 30 days to respond.
Issued once the deadline has passed, where the debt is not in genuine dispute, with us still on the file.
Checking and costing the debt is free. We confirm who legally owes it, whether it is still in time, and what it amounts to with statutory interest and compensation, and give you a recommendation before you commit.
Enforcement, statutory demands and whole-ledger work are on the full schedule. Court fees are set by the Ministry of Justice, added to the claim, and recovered from the debtor if they pay.
We keep none of it. Our fees are fixed and agreed in writing before work starts, and recovered money is paid to you in full. If you are owed £20,000 and we recover £20,000, you get £20,000.
Business Debt Recovery is a trading style of Buzz Legal Ltd. Court proceedings are issued and conducted by AD Solicitors (SRA no. 8011228).
The Legal Services Act 2007 reserves six activities to authorised firms. Two apply to debt recovery: issuing court proceedings and conducting litigation, and AD Solicitors carry those out. We do the work before that point: checking the debt, the letter before action, negotiating a settlement and agreeing a payment plan.
We tell you what issuing a claim would cost, what you could expect to recover given what we can see about the debtor, and whether enforcement is likely to find assets. You decide whether to go ahead.
If the debt is unlikely to be recovered, we tell you before you spend more.
Yes, within the limitation period. The right to statutory interest and the fixed sum comes from the Late Payment of Commercial Debts (Interest) Act 1998. It applies to business-to-business supply contracts whether or not your terms mention it, and it can be claimed on invoices that are already overdue.
The limitation period for a simple contract debt is 6 years from when the debt fell due. Interest runs from the day after the payment deadline, so an invoice outstanding for two years carries two years of interest. The interest calculator works it out at the rate for the date yours fell due.
Yes, including sole traders. Where the debtor is an individual or a sole trader, the Pre-Action Protocol for Debt Claims applies: a prescribed letter of claim, prescribed enclosures, and 30 days to reply before a claim can be issued. Where the debtor is a company, the protocol does not apply and the timetable is shorter.
A court can penalise a creditor on costs for issuing a claim too early, even if the creditor wins.
The invoice, the purchase order or contract if there is one, the customer's name exactly as it appears on your paperwork, and a short note of what has been said so far. If the customer has disputed the work, tell us, because a disputed debt follows a different process.
We email you the cost of each stage, what you can add to the debt, and the letter before action checklist.
Tell us what you are owed and who owes it. We reply with the total once interest and compensation are added, the first step we recommend, and its fixed fee.
