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
Top Service urges suppliers to act early and protect against hidden insolvency risks A construction director who failed to explain nearly £500,000 in company bank transfers—and left creditors facing over £160,000 in losses—has been handed a suspended prison sentence following an investigation by the Insolvency Service. Mario Huiu, former director of Incentive Services Limited, was […]… Continue Reading
Top Service Ltd – Credit Intelligence for Construction The latest insolvency figures are in—and once again, the construction industry is under pressure.In May 2025, 2,238 companies across England and Wales became insolvent: This includes: CVLs now account for 77% of all insolvencies, a clear sign that more businesses are choosing to close voluntarily, often due […]… Continue Reading
Is the construction industry on the brink or are statistics misleading? By Philip King. Since 2021, the construction sector has accounted for almost one in five of all corporate insolvencies. The percentage has ranged between the lowest of 15.1% (November 2024) and the highest of 20.4% (February 2022). The percentage for all corporate insolvencies across […]… Continue Reading
The Deputy Prime Minister has issued a clear and direct message to UK housebuilders: the time for delays is over. Backed by new planning powers and penalties, councils will now be able to hold developers to account to ensure promised homes are actually delivered. Under the government’s Plan for Change, developers will need to commit […]… Continue Reading
