The latest insolvency figures are in, and after an overall decrease last month, insolvencies have now plateaued. In July 2025, 2,081 companies across England and Wales became insolvent compared to : 2,053 in June 2,078 in July 2024 Breakdown of insolvencies (July 2025) Key Trends (Aug 2024 – Jul 2025) The construction sector continues to […]… Continue Reading
At Top Service, our mission has always been clear – to help our members minimise debt and maximise cash. That’s why we’re delighted to announce our new partnership with Opus Restructuring & Insolvency, the UK’s largest independent corporate restructuring firm and a leader in creditor advisory services. Through this partnership, our members will have direct […]… Continue Reading
Recovering What You’re Owed While Protecting Valuable Relationships In the construction industry, credit risk is a fact of life — but so are long-standing client relationships that you don’t want to jeopardise. At Top Service Ltd, we understand the delicate balance: getting paid while preserving future work. That’s why we specialise in fair, professional debt […]… Continue Reading
The latest insolvency figures are in, and the construction industry is still under pressure despite a decrease in insolvencies across the board. In the last month, 385 construction businesses became insolvent. An 18% increase from May 2025. In June 2025, 2,043 companies across England and Wales became insolvent: This includes: CVLs still account for 77% […]… Continue Reading
Staying Ahead of New Rules That Could Impact Your Payments, Contracts, and Credit Risk In an industry already facing rising material costs, tighter margins, and late payments, staying informed about legislative changes isn’t just good practice — it’s essential to protecting your cash flow. At Top Service Ltd, we specialise in credit management solutions tailored […]… Continue Reading
In construction, a handshake can still seal the deal — but when things go wrong, that informal approach can cost you time, money, and reputation. At Top Service Ltd, we’ve worked with thousands of credit professionals, merchants, and suppliers who’ve been caught in the crossfire of disputes over unpaid invoices, delivery terms, or liability. More […]… Continue Reading
In the construction sector, offering credit is standard, but getting paid isn’t always guaranteed. With high insolvency rates, late payment culture, and complex company structures, even the best customer relationships can end in unpaid debt. That’s why more suppliers, merchants and plant hire firms are asking one crucial question: Should we ask for a personal […]… Continue Reading
Before You Supply or Sign: Key Agreement Clauses That Could Hurt Your Cashflow In construction, it’s not always the job itself that creates risk — it’s the agreement behind the transaction. Whether you’re supplying materials, hiring out equipment, or offering trade accounts to contractors, the fine print in your terms and credit agreements can make […]… Continue Reading
A company director behind multiple fraudulent VAT claims—including through a UK-registered construction firm—has been banned from acting as a director for 11 years. Hassan Waqar, now based in Dubai, was the director of four businesses, including Kiani Construction Limited, which operated in the UK real estate and construction sector. All four companies submitted falsified or […]… Continue Reading
The Government has appointed Emma Jones CBE as the new Small Business Commissioner, taking up the role on 23rd June 2025. As founder of Enterprise Nation, Emma brings a deep understanding of the challenges small firms face, particularly when it comes to late and unfair payments. “Time-poor founders are spending too many hours chasing debt. […]… Continue Reading
