The cure to the ‘zombie’ company apocalypse
At Peak Cashflow, we always like to see the positive in any situation. But in recent years we understand there’s not been a lot for us to be optimistic about, with the pandemic causing widespread disruption and then just... Read More →
Setting up a Business in Birmingham
Setting up a business is always a venture full of both excitement and risk, wherever you decide to trade from; especially if it’s your first time. As a well-established business in Birmingham, we’re providing some helpful tips, resources and background... Read More →
The effect of EVs on Automotive Manufacturing in the West Midlands
It has been confirmed that the Castle Bromwich Assembly factory in Castle Vale, Birmingham – manufacturer of Jaguar saloon & sports cars, employing around 2,700 people – will begin producing its first EV by terminating production of the current Jaguar... Read More →
Late Tax Payments: How to Avoid Penalties after Legislation Changes
With the release of the draft legislation for the Finance Bill 2019, alterations to the penalty system for tax payment have been announced, including an inaugural penalty applying to corporation Tax. Late payments will also result in a penalty from... Read More →
Making Tax Digital: What Does It All Mean?
The Government has recently introduced the Making Tax Digital plan to make it easier for everyone (businesses and non) to keep on top of their taxes.
Why is the cyber awareness of your company so important?
In a dream world, hackers would carry forward your SME’s invoices and pay them, but in the real world, they extract personal information, stealing the identity of a business and its money. From the 1st April 2019, all businesses will... Read More →
10 key considerations to improve your credit control process
Every year, start-ups and small businesses in the UK fail because they run out of cash. One of the main reasons for this is cash flow problems caused by slow-paying customers and bad debt. Unless you implement a clear credit... Read More →
A year for moving forward; the steel market bounces back with the help of cash flow solutions
It’s fair to say no industry has been safe from the impacts of the events of 2020. From the growing concerns on the pandemic to the worries surrounding a ‘no-deal’ Brexit, you’d be hard pushed to find any sector that... Read More →
Protecting your cash flow and securing your business’s future in 2021
As we’ve waved goodbye to a year none of us will forget, it’s fair to say no business has been safe from the effects the coronavirus pandemic has brought with it. The recent ‘Business Impact of Coronavirus Survey’ (BICS) from... Read More →
SMEs warned over Coronavirus loan scheme ‘debt bubble’
As England is plunged into yet another lockdown, HM Treasury continues to make changes to its various financial schemes to protect the future of the country’s businesses during this difficult period. Back in April, at the beginning of the COVID-19... Read More →
Protecting your business against ‘bad debt’
As a business owner, you work hard to establish effective business operations, ensuring that you are able to protect your employees, stakeholders and, of course, your livelihood. But when delayed or non-payments, at the fault of your customers or clients,... Read More →
Credit control during an economic downturn
Keeping on top of your cashflow is a task in itself. But, when a recession hits, it can sometimes feel nigh on impossible to stay on top of the money coming in and out of your business. In our last... Read More →
Surviving a cash flow crisis
Businesses rarely go bust due to losses, but always go bust due to running out of cash. It’s fair to say, as a country, we’re no stranger to a crisis. Whether it’s Brexit, the 2008 recession or, of course, the... Read More →
Key Financial Advice for Businesses following Brexit
So, it’s finally happened! After 2 General Elections, much ado about Data Protection, questionable bus advertising, a dancing Prime Minister, a briefly-refrigerated Prime Minister, milkshake protests, and everything in-between… the United Kingdom officially withdrew from the European Union on the... Read More →
Solving Payroll Problems
Between our directors, we share over 50 years experience in the finance sector. There are many financial services out there – our invoice finance service being its own niche with a range of funding solutions & cashflow management options –... Read More →
Brexit uncertainty’s effect on our Recruitment Industry & Labour Market
According to recent data released by the ONS, our delayed departure from the European Union – and subsequent doubt over the process – has impacted the UK’s recruiting plans as well as employment statistics. Lack of permanent vacancies KPMG &... Read More →
Important points for Manufacturers ahead of Brexit
The birthplace of the industrial revolution has heavily depended on manufacturing for most of the last century. Despite post-war decline in manufacturing employment, there are over 2.5 million people directly employed by UK manufacturers, many of which are skilled... Read More →
The effect of a no-deal Brexit on the European Automotive Industry
With the prospect of a no-deal Brexit still firmly on the cards, automotive associations across Europe have formed a unanimous opposition to the potential outcome of Britain withdrawing from the European Union without trade agreements in place. If terms... Read More →
How can commercial finance help businesses prepare for a ‘No-Deal’ Brexit?
The 29th March is getting close and with the clock ticking we want to understand what it is going to happen to SMEs after Brexit. Whilst the Prime Minister Theresa May is still dealing with Brussels, UK companies are afraid... Read More →
How will Making Tax Digital have an impact on cash flow in 2019?
Making Tax Digital (MTD) is the government’s plan to transform the tax system and move it online. The goal of the Government and HMRC is to make it easier for individuals and businesses to keep on top of their tax... Read More →
Protect your SME against Cyber Security Attacks
When you’re a small business owner, it is normal to be over-stretched with your workload. You are not only the boss, but also an accountant, HR Manager and IT Expert. With this in mind, it is no wonder that small... Read More →
The benefits of invoice factoring
When it comes to financing correctly, it’s important to take the time out to understand the different types of invoicing options available to you. Making sure your financing practices are perfectly integrated with your business is harder than you might... Read More →
3 Ways to Increase Cash Flow Quickly
Whether you’re a business or a consumer, cash is king. However, without cash, you can find yourself in a situation that would be pretty uncomfortable. Such as not having enough money for payroll or even making late payments. So what... Read More →
Does this mean the death of the High Street?
The current situation on the High Street doesn’t appear to be a positive one at the moment. With a number of companies downsizing or disappearing altogether (BHS). But does this mean the death of the High Street altogether? As you... Read More →
Summer Update from Peter
There have been lots of things going on in the world of Peak over the last few months. This is why we thought that before everyone disappears for their summer holidays, we would provide a quick update. Firstly, I would... Read More →
Time to bust the myths about Invoice Finance
There are many myths surrounding Invoice Finance. Even though it is a great way for a business to keep control of its cash flow by securing funding against their outstanding invoices. So, to ensure you don’t miss out on this... Read More →
Our top tips to combat stress at work
Although the world of finance is rewarding, interesting and full of progression opportunities, it can also mean long hours. This can lead to an added amount of pressure and stress for those in the industry. If you’re one of the... Read More →
Businesses not worried about Brexit
In a recent article by The Telegraph, it was reported that businesses are now less worried, than they were, about Brexit. Saying that Brexit was “no longer viewed as the risk for top UK companies”. Instead it is the fear... Read More →
Have you thought about your Facebook presence?
Social media has become a part of everyday life for most people in this digital age. With the majority of people using Facebook and Twitter for personal use and LinkedIn for business. But whenever you post on the social media... Read More →
New Service | Confidential Factoring
Peak Cashflow is delighted to add a new specialised product to its invoice finance offering, Confidential Factoring. We have recently encountered a number of scenarios where prospective clients are very keen to retain confidentiality within the facility from their customers... Read More →
Spring Budget : What you need to know
On the 13th of March, the Chancellor of the Exchequer, Philip Hammond announced the Spring Budget 2018. He revealed the plan for the UK and its economy in the coming spring and summer months. The Chancellor referenced the conservatives by... Read More →
GDPR: What you need to know and why
General Data Protection Regulation (GDPR) is set to go into effect on 25 May 2018. But what is this regulation, what will it change and why should those in finance take notice? What is it? GDPR is said to be... Read More →
Is the UK Automotive Market in Decline?
To put it nicely, Jaguar Land Rover (JLR) hasn’t had the best of starts to 2018. Last month it was reported that JLR will cut production of some vehicles due to the uncertain economic future. This is due to Brexit and... Read More →
3 Financial Mistakes to Avoid in 2018
As an SME, keeping control of your finances is of the utmost importance. However in a time of future economic uncertainty and the leaked Brexit impact reports showing that the UK will be worse off overall, this can be difficult. This... Read More →
Our Thoughts on the Carillion Collapse
The fall-out from the Carillion Collapse has been extensive and we have heard many discussions about it. Thus, we thought it was time that we also shared our views. So we went straight to our Director, Peter Stanton, to find out his... Read More →
What’s your biggest office pet peeve?
If you work in an office environment the chances are that you’ll have a number of office bugbears but what’s your biggest office pet peeve? Even if you mostly enjoy their company, your co-workers will drive you insane from time to... Read More →
Welcome our Newest Member, Ryan
We recently welcomed a new member to our Peak Cashflow family, Ryan Cartwright. He is at the forefront of our relocated Stoke office and joined the team back in October. He is already surpassing our expectations but we thought we... Read More →
Brexit | What next?
Even after a huge blow to the Prime Minister, in which MPs voted to give Parliament a legal guarantee of a vote on the final Brexit deal, people are still left with little-to-no information about UK-EU trading conditions, as well as... Read More →
How will accountancy change in the Digital Age?
In a digital age where economic and political disruption causes uncertainty. When business and accountants face and overcome financial crises, rising prices and slow growth. To then heighten this with the impending exit from the EU. It’s no wonder that there is... Read More →
Autumn Budget 2017 | Points for Small businesses
On the 22nd of November, the Chancellor of the Exchequer, Philip Hammond announced the Autumn Budget 2017, revealing the plan for the UK economy in the coming months. Below we have listed what we feel are the most important points... Read More →