07/10/2026
£26 billion. That’s roughly what UK businesses are owed in late payments at any one time.
Recent research proves the cost goes well beyond the invoice:
- Late payments cost the UK economy almost £11bn a year
- Around 38 businesses close every day because they weren’t paid on time
- Firms chasing late payments spend an average of 86 hours a year doing it
(DBT, 2025)
Globally, PwC estimated that in 2025 alone, a further €1.84 trillion of excess working capital could be freed up for investment.
Our CEO, Ben Coleman, joined the Finance Express-O podcast to talk about our approach to getting that cash moving and unlocking trapped capital tied up in unpaid invoices.
:coffee: Grab a coffee and watch the episode here: https://www.youtube.com/watch?v=hfit1Fc9KLg
Is your customer data hiding cash you don't even know about, and ca...