Debt Recovery for Sole Traders

Our Sole Trader Experience

5,000+

We've helped hundreds of clients like you to recover debt

£16m

Monies recovered for our sole trader clients

38 days

Average time taken to recover unpaid debt for sole traders

Commission only charged on monies recovered

Our rate remains the same whether it takes us a single day to recover your debt or an entire year. It’s in our interest to act as quickly as possible.

All Services

Ancillary Services

Our ancillary services are available to all our clients. If a case requires a specific service such as legal action or debtor tracing, the associated issuing cost will be explained to you before any speculative action is taken and we will require your express instruction before undertaking any fee incurring work.

No collection, no commission

In most cases, our typical commission rate is 15%, and we only charge commission if we successfully collect. Which means we’re fully focused on getting results.

Dependent on our clients’ terms and conditions, or relevant legislation, costs may also be recovered where we are legally able to do so.

Easing the burden

Credit control can be a time-consuming process. For a small business, there simply aren’t enough hours in the day to dedicate to chasing debt, while even larger companies with credit control staff frequently need a hand with stubborn debtors. Which is where a partner with experience, expertise and a persistent, professional approach can prove priceless.

Above and beyond

For cases requiring additional lean, we are vastly experienced in knowing the right kind of legal action to instigate against your debtors. We drive forward legal action in-house, saving our clients from over-involvement.

Unlike other debt collection agencies, we also retain a panel of expert, highly regarded solicitors, and insolvency practitioners. Which all adds up to a professional, respectful, and highly effective solution to your enforcement needs. One offered at exceptionally competitive rates, and one that dovetails neatly with our core debt recovery services.

Communication and reporting

A dedicated account manager is assigned to every one of our clients. Each has extensive experience, and all will respond to debt referred requests on the same day, quickly getting up-to-speed on the case and establishing a dialogue with you as soon as possible. In addition, we supply regular reports with 24/7 online access to your case readily available.

No joining fee or long term contract

Unless requested, we won't ask our cloients to enter a fixed term contract and we won't charge a joining fee. To be honest, we want our clients to return for the quality of our results-driven service, rather than being contractually obligated to do so.

Helping you grow stronger

Easing the burden of chasing debt leaves you free to focus on what you do best. Growing your business. Your brand will benefit with improved cash flow enhancing your reputation, building respect in your sector, and ultimately helping you grow stronger as a business.

Recovery shouldn't compete with paid work.

Progress continues without pulling focus away from delivery or downtime. Legally don’t know what they’re talking about.

Unpaid invoices mean unanswered question.

Clear recovery stages stop overdue invoices sitting in the background of everyday work.

Chasing doesn't need to feel personal.

Professional recovery creates clear separation between the work you deliver and the money you’re owed, so relationships stay intact and future work isn’t put at risk.

Knowing where you stand makes a difference

Recovery is handled within clear legal boundaries so you can move forward without second-guessing what’s allowed or appropriate.

Why Sole Traders Choose Redwood Collections

Every sole trader’s business is different, which is why we offer a personalised recovery service that fits your way of working. From friendly payment reminders to legal escalation if needed, our team works with you to resolve outstanding debts efficiently. You’ll always deal with a real person who understands your challenges and keeps you informed from start to finish.

Debt Recovery for Sole Traders

Helping self-employed professionals recover unpaid invoices efficiently while protecting your reputation and business relationships.

Flexible Collection Strategies

We adapt our approach to suit the size and nature of your business, supporting you with the right balance of firmness and professionalism.

Clear Communication Throughout

Stay informed at every step of the process with transparent updates and clear timelines designed to give you peace of mind.

One-to-One Support

Work directly with a dedicated collections expert who understands the pressures sole traders face and provides guidance every step of the way.

No Collection, No Commission

Our service is success-based, so you only pay when we recover your outstanding debt. Any additional costs, such as legal or tracing fees, are discussed in advance so there are no surprises.

Commonly Asked Questions from Sole Traders

Can I refer just one overdue invoice?

Yes. We support sole traders with single invoice debts as well as multiple overdue accounts. There is no minimum requirement to get started.

Will debt recovery damage my reputation?

No. We act as an extension of your business, always aiming to recover the debt while protecting your client relationships.

Can I still recover debts if I don’t have a written contract?

Yes. If you have other evidence of the agreement such as emails, quotes or invoices we can assess the case and advise on the best course of action.

How much does it cost to use Redwood Collections?

We operate on a success-based model, so there are no upfront fees. You only pay commission if we collect your debt.

How quickly can I expect results?

Many debts are resolved within days of contact but it depends on the debtor's circumstances. We'll keep you updated and move quickly if legal action becomes necessary.

'We appointed Redwood Collections to help us retrieve monies owed and they were great from start to finish. They were never pushy and were always professional and offered great advice.

Unlike some debt companies we have used in the past which when using it took great expense and time and took its toll on both our business and our health. Redwood was brilliant and it took no time at all to get the monies owed. Simple and efficient!

We shall definitely be using them again if required and advise others to do so if they need help.
Great service, friendly and professional service.'

DVB Hire

'I had an unpaid invoice from a client and after several attempts via phone, mail and email I had zero response and had to pass the debt on to Redwood Collections.

It was easy to chat to them and after sending all the evidence required, they got straight onto it and issued the client the necessary paperwork within 24 hours. They were on the case and a week later, I received a phone call to say they had received the payment in full.

Brilliant service and will definitely use again.'

Libra Carpet Care

'I am a small plumbing and heating business from Oxford. I had been contracted by a builder to complete a full refurbishment of the plumbing and heating in a 3-bed house he was renovating. The final payment was reduced by him by £700 for snagging. After 3 months, no snags had been brought forward. I asked time after time for payment to be made but I was ignored.

The builder agreed that the amount owed was correct, and after 5 months told me that the bill would be settled within a week. After getting fobbed off for another 4 weeks, I contacted Redwood Collections. After explaining my case to their agent, I was able to leave the case in their capable hands.

The builder still did not plan on paying, but eventually, he did pay. After 7 months of waiting, I finally received payment. I now recommend Redwood weekly to any other tradesmen who are in a similar situation.'

Huckin & Co

The impact of an unresolved debt

Our interactive calculator helps you understand the financial impact of keeping a debt on your ledger and the costs involved in managing or collecting it.

DEBT VALUE

£ 0

£ 50000

DAYS OVERDUE

0 DAYS

180 DAYS

what this debt has COST you to date:
?
This figure is based on the estimated cost of in-house debt collection efforts, including staff salaries, overheads and any software/tools used for collections.

What you have already spent trying to service this debt

£000.00

Is this a business to business debt? Are you able to recoup debt recovery and legal costs?

our COMMISSION: The fee payable to us if we collect this debt where our normal 15% commission rate applies

£000.00

what we will aim to collect: This is the total amount collectable, combining the original debt amount, any recoverable commission and interest charged at 8% per annum

£000.00

Ready to get started and refer your debt?

Click here to fill out our quick and easy form

LET’S GET STARTED

ABOUT REDWOOD COLLECTIONS

Our Promise

It’s not just about delivering. It’s about delivering the best experience and the best result possible. That’s why client satisfaction means everything to us.

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