Ethical Debt Recovery | Debt Collection | Credit Control | Business Debt Prevention

PRMS Ltd provides Ethical Debt Recovery™, Ethical Debt Collection™, Credit Control & Cash Flow Management Consultancy Services™ to businesses all over the UK, Europe and the rest of the World.

Carillion | The Business Debt Epidemic 2018

We need to talk - There’s an elephant in the room and its name is Carillion.

I’m sure you’ve heard of the devastating news that Carillion has gone to the wall and is in the process of taking the hopes & dreams of SMEs all over the country, as well as their associated Pension Funds with them. Other companies, such as Interserve are not far behind.

Let’s be honest - it can happen to anyone - but let’s also be realistic. Who do you have as a client that could be a Carillion waiting to happen?

Think about that for a minute…..

Those companies that are owed money might be lucky to get pennies in the pound following insolvency proceedings. The wise ones minimised their risk when the payments started to slow down and they didn’t extend credit terms and took debt recovery action when things looked precarious. The bigger companies had the luxury of insurance, but most SMEs are trying to meet the salary demands much less have access to insure against debt.

No one wants to risk losing a Client relationship. It’s rough out there and we understand this, but did you know that companies who go under take 16-17% of those they owed money to right along with them?

Take a look at the list of your outstanding debtors today. How many (and how much) are over 60 days? I know they are thought of as trusted clients, but this is business!!

Could you afford to lose this money if their business went under? How would it affect your business? Would you still have a business?

At PRMS we help our clients to get paid. Whether you choose our Ethical Debt Recovery

or Business Debt Prevention services to ensure that happens. The outcome is essentially the same.

Think about it. How much has slow or late payment cost you so far? Don’t be embarrassed, it goes no further than the two of us.
If this resonates with you then you have choices and we can help you in the following ways:-

1. If you are currently experiencing difficulties we have our Ethical Debt Recovery service that can deal with outstanding invoices that demand immediate payment.

2. If you would rather learn how to avoid your company being a victim of unpaid invoices then our Debt Prevention Training will work well for you, helping both you & your colleagues to be trained in how to identify the areas where you may be exposed to business debt and to plug those gaps and empower your staff. 

Your business is not a Bank. And by allowing customers to take unauthorised extended credit from you, you are, in effect, acting as a free cashflow source to them.

Your money would be much better off in your own account. Or dare I say it, even invested in bitcoins!! [Disclaimer: We are not advising that you invest in any Cryptocurrency or any other type of investment without due diligence & financial advice].

Whatever you do, do something about it today.

Clayton  M Coke | Founder & Managing Director

Hoxton How-To & The Art of Dressing Stylishly

It is not often we get the chance to escape the office but when we do you already know it’s got to be something worth going to.

The prospect of of being able to make & learning to tie your own bow-tie was a challenge too intriguing to pass up!!

Armed with needle & thread & Tailors Chalk we set about constructing our Bow-Ties with a surprising amount of success.   

The instructions were brilliant & even those with the clumsiest of fingers managed to make it through !

Special thanks to Antonia Ede   @montague_ede and the staff @thehoxtonhotel @TheHoxtonLDN for an excellent evening of their #HoxHowTo Bow-tie making masterclass.

A great time was had by all with sewing & ironing included! This may well be a gateway for further adventures in the bespoke!


PRMS 2017 | The Edited Highlights

The year goes at such an alarming pace that it is only when you look back thst you realise how far you’ve actually travelled. If a week is a long time in politics the. A year is a lifetime in business  !!

2017 was a year of consolidation & restructure. As a business we took the time to look at what we had achieved & realised that our path is a unique one. 

In 2018 we intend to keep doing what we have always done but so much better. 

We want to thank all our clients who are either long-standing or new to the fold. We look forward to working with you in the New Year to help grow & support your businesses. 

Just to prove that we do have some fun here at PRMS, here are some selfies of us networking as only we know how ! 


Best regards  

Clayton M Coke 

Managing Director | PRMS Ltd


Welcome to the New PRMS Website

Hello and welcome to our new website.

As you may have noticed there have been several changes here at our More London offices and this is reflected in our new and improved web site.

2016 is shaping up to be a year of change, growth and experimentation at PRMS and we hope that you will join us on that journey.

Whilst progress is very much in the air, please don't think that we have forgotten the values and the clients that have made us what we are. Whilst our look may change aesthetically, fundamentally we adhere to the same ethical values which remain the cornerstone of our business.

Thank you for your continued support and thank you for choosing PRMS.

Clayton M Coke

Founder & Managing Director | PRMS Ltd