• Visitors can check out the Forum FAQ by clicking this link. You have to register before you can post: click the REGISTER link above to proceed. To start viewing messages, select the forum that you want to visit from the selection below. View our Forum Privacy Policy.
  • Want to receive the latest contracting news and advice straight to your inbox? Sign up to the ContractorUK newsletter here. Every sign up will also be entered into a draw to WIN £100 Amazon vouchers!

pcgCheck

Collapse
X
  •  
  • Filter
  • Time
  • Show
Clear All
new posts

    pcgCheck

    Anyone used pcgCheck for a credit check? I just paid for an enquiry via worldpay but no report (ecommerce screw-up!)

    Any suggestions for an alternative?
    Regards, J.

    #2
    They fixed it pretty quick.

    The (small and newish) agency I just credit checked came back with a credit limit of £5k , although they came back as a good risk (73/100)

    They want monthly invoicing on 30 days. This would put my exposure at any point int time at almost £25K (1 month billed time + 30 days terms)

    I'm going to suggest weekly invoicing on 14 days - that'll reduce my exposue to just over £8k.
    Regards, J.

    Comment


      #3
      Originally posted by johhnysalad View Post
      They fixed it pretty quick.

      The (small and newish) agency I just credit checked came back with a credit limit of £5k , although they came back as a good risk (73/100)

      They want monthly invoicing on 30 days. This would put my exposure at any point int time at almost £25K (1 month billed time + 30 days terms)

      I'm going to suggest weekly invoicing on 14 days - that'll reduce my exposue to just over £8k.
      It could be that the Agency just doesn't have many fixed assets.

      Look on companies house and see how long they have been going for and how much profit they made last year.

      Comment

      Working...
      X