Food delivery giant Deliveroo, more than doubled its revenues in the UK and Ireland during the second and third quarters of 2020.

Not so grim after all for restaurants that quickly switched to a take away offering during Lock Down.

Businesses that serve the hospitality industry invest in Master Collections because we ensure when a debtor says they have no money to settle the debt, they are telling the truth. This includes investigating charges that have been recently registered at Companies House indicating acquisition of finance. Indeed recently a city restaurant had our client forever chasing them as a result of broken payment promises. As soon as we put it to the restaurant we know they acquired finance in January and the take away industry is buoyant, we will not tolerate any further delay in settlement of their account, the restaurant settled the debt in full later that evening.

Interested or Need Help?

If you are a wholesaler or other business struggling to collect debts from restaurants and/or other hospitality debtors or are interested in Master Collections services, call award-winning credit professional and commercial lawyer Carlo Pegna on 01920 481467.