01/09/2026
💷 Profitable on paper, struggling at the bank?
Late payments remain one of the biggest frustrations facing smaller businesses.
Recent figures show that payment times among large businesses are improving, but 15% of their invoices were still paid late during 2025.
For a small business, a delayed invoice can mean difficulty paying suppliers, wages, VAT or personal tax, even when the order book appears healthy.
This is why management information matters.
Up-to-date bookkeeping and sensible business advice can help you:
• See when cash shortages may arise
• Understand which customers regularly pay late
• Set aside money for tax and VAT
• Review payment terms and invoicing processes
• Make decisions based on cash flow as well as profit
A healthy sales figure is encouraging. A business that consistently turns those sales into available cash is considerably stronger.
Web Teesdale Accountants can help you understand the numbers behind your business and plan with greater confidence.