Stand Number: 435
Redwood Collections Ltd
Redwood Collections offers a comprehensive and effective range of debt collection services for small, medium and large business clients. With over 30 years of debt recovery and credit management experience across the senior management team, we deliver excellent recovery rates through our proven collection methods and legal expertise.
Our professional and detailed approach to each case often unearths the real reasons behind non-payment.
Our dedicated account managers will liaise with clients to ensure a business sensitive or entirely third party approach is adopted where required. In many circumstances we can mediate a resolution and negotiate a mutually agreeable settlement for both parties. If a resolution is not forthcoming we will quickly escalate to a Statutory Demand as precursor to full insolvency proceeding or County Court Action for smaller or disputed debts.
Redwood Collections undertakes commercial debt recovery on a `no collection, no commission basis` with typical commission rates of 15% of the sum collected subject to debt scale and negotiation. We regularly implement the Late Payment of Commercial Debts (Interest) Act 1998 on commercial debts. This can partially offset any irrecoverable collection costs to clients and may absolve these costs entirely on low value debts.
Redwood Collections Ltd is Authorised and regulated by the Financial Conduct Authority for accounts formed under the Consumer Credit Act 1974 (amended 2006). We are members of the Credit Services Association (CSA) and strictly adhere to the Code of Practice of this important body.
Redwood has achieved company accreditation status in the CSA`s Collector Accreditation Initiative, a respected industry accolade, following all of our collectors achieving individual accreditation. We have also achieved ISO9001 accreditation and are audited annually to ensure the standard is kept. Redwood is registered with the Information Commissioners Office.
020 8288 3594