Clean It Up

UK Window Cleaning Forum => Window Cleaning Forum => Topic started by: Leeds on August 19, 2015, 04:59:06 pm

Title: Owed On Average?
Post by: Leeds on August 19, 2015, 04:59:06 pm
Do any of you guys keep a track of what you are currently owed by customers?

I know we can't collect all the money on time in that month (some pay late, some pay doubles),  but what's a healthy percentage to be owed?

I need to do more chasing, but for example, on one of my rounds (worth £2000) on average there's £300-£400 outstanding constantly, is that too much?

Title: Re: Owed On Average?
Post by: Danny F on August 19, 2015, 05:04:12 pm
does it matter, as long as you get it in and dont leave them months on end.

Some weeks you could be owed £100 and others £1000+
Title: Re: Owed On Average?
Post by: AuRavelling79 on August 19, 2015, 05:14:54 pm
According to "George" I am owed £2252 and looking at the "debt list" about £2150 is current (as in I know it will come as normal and is within 60 days) - for example I've three "commercial" emails telling me I will be paid by credit transfer tomorrow or Friday totalling £440.

The other £102 is old stuff between 8 months and 18 months old of dead, moved, dumped, disputed domestic stuff. I must clear it down sometime.
Title: Re: Owed On Average?
Post by: Shane sharples on August 19, 2015, 05:59:10 pm
£100 then I go knocking and as Rihanna would say - ' bitch better have my money!' 💰💰💰
Title: Re: Owed On Average?
Post by: sunshine windows on August 19, 2015, 06:01:05 pm
About £2k on my round. Same as Gold though, some of this needs writing off
Title: Re: Owed On Average?
Post by: Walter Mitty on August 19, 2015, 06:06:05 pm
Usually anything between £500 and £1200.  It used to be rather more but my commercial work has decreased and residential work has increased.
Title: Re: Owed On Average?
Post by: Rich Wilts on August 19, 2015, 07:29:48 pm
At the mo £1,684. This time last week it was close to 4K.

It fluctuates  ;D
Title: Re: Owed On Average?
Post by: Rich Wilts on August 19, 2015, 07:30:45 pm
does it matter

Yes it does matter.
Title: Re: Owed On Average?
Post by: LWC on August 19, 2015, 08:17:56 pm
Usually always £2k upwards outstanding...if only they all paid on time id be a happy man :) also pigs might fly to
Title: Re: Owed On Average?
Post by: DaveG on August 19, 2015, 08:25:25 pm
Usually between £100 and £500
Title: Re: Owed On Average?
Post by: Leeds on August 19, 2015, 10:15:32 pm
It's only fine depending on what proportion that is to your round value? If you're owed £500 but your round is only worth £700, that's not good.  However if you're owed £2k and your round is worth £20k, then that's pretty good.

You know what I mean?
Title: Re: Owed On Average?
Post by: capn sparkle on August 19, 2015, 10:53:13 pm
Same as Dave G ^^
Title: Re: Owed On Average?
Post by: dazmond on August 19, 2015, 11:00:23 pm
Usually between £300-£900 at any one time.currently around £750.summer holidays eh?


Title: Re: Owed On Average?
Post by: Dave Willis on August 20, 2015, 07:35:18 am
Normally up to 2k, got a large commercial dragging their  heels at the moment. Really tempted to dump them.
Title: Re: Owed On Average?
Post by: Tony dunmall on August 20, 2015, 08:25:17 am
Who uses Go-cardless since I've insisted all bad payers either sign up or are cancelled

 There not told there bad payers as there good priced jobs there just consumed with life and people can overlook or  forget, I get them to sign up takes 1 minute they all sign up
Then I'm in control of those bad payers

Title: Re: Owed On Average?
Post by: Tom-01 on August 20, 2015, 08:30:53 am
Currently £11,387.  Was a fair bit higher earlier this week.  One company in particular we do work for always takes ages to pay.  However I don't worry too much as the money does eventually come in and goes into my savings pot.  It's always the same middle of the year and end if the year.
Normally it hovers around £1500/£2000.

We have the usual ones who require a few texts but I. General it's manageable.
Title: Re: Owed On Average?
Post by: Tom-01 on August 20, 2015, 08:38:38 am
Who uses Go-cardless since I've insisted all bad payers either sign up or are cancelled

 There not told there bad payers as there good priced jobs there just consumed with life and people can overlook or  forget, I get them to sign up takes 1 minute they all sign up
Then I'm in control of those bad payers

That's good mate. I'm going to start implementing that a lot more now. Lots of new customers go for it. I just wonder when GoCardless will out their rates up..
Title: Re: Owed On Average?
Post by: ascjim on August 20, 2015, 12:35:23 pm
Mostly big gutter cleans :(

(http://www.cleanitup.co.uk/smf/1440070498_Untitled.png)
Title: Re: Owed On Average?
Post by: S.A.J on August 20, 2015, 07:10:50 pm
As long as your debt is in  proportion with your turnover don't worry about it too much  ;) as it will  eventually come in  ;D
Title: Re: Owed On Average?
Post by: Leeds on August 20, 2015, 08:04:13 pm
Mostly big gutter cleans :(

(http://www.cleanitup.co.uk/smf/1440070498_Untitled.png)

How are you guys keeping going with that much owing? For quite a few on here that's a month or mores wage. I know I'd be struggling if I took a month off work.
Title: Re: Owed On Average?
Post by: easy clean on August 20, 2015, 08:08:40 pm
8 weeks ago is was owed just over 10k, I've had my canvassers out collecting and we've got it down to around 3.5-4k
Title: Re: Owed On Average?
Post by: S.A.J on August 20, 2015, 08:30:09 pm
Mostly big gutter cleans :(

(http://www.cleanitup.co.uk/smf/1440070498_Untitled.png)

How are you guys keeping going with that much owing? For quite a few on here that's a month or mores wage. I know I'd be struggling if I took a month off work.

Here is ours Meridion which is actually not bad! Normally around 12k a month but it does not phase me as its (like I said ) in proportion without turnover  :D
Title: Re: Owed On Average?
Post by: Smudger on August 20, 2015, 09:53:52 pm
Ditto

Darran
Title: Re: Owed On Average?
Post by: Tom-01 on August 21, 2015, 06:55:52 am
As long as your debt is in  proportion with your turnover don't worry about it too much  ;) as it will  eventually come in  ;D

Yep, it's all relative.