Country Risk · Western Europe
Mature credit culture with predictable behaviour. SMEs are more likely than corporates to delay, but pre-action protocol letters are highly effective.
Payment risk
Enforcement difficulty
Currency & transfer risk
Currency
GBP
Avg DSO
40–55 days
Insolvency trend
Rising
Limitation period
6 years
Mature credit culture with predictable behaviour. SMEs are more likely than corporates to delay, but pre-action protocol letters are highly effective.
County Court and High Court enforcement is accessible and well-mapped; CCJ data and Companies House filings provide strong pre-action signal.
GBP fluctuates against EUR/USD but is fully convertible, with no capital controls.
DECOL recommendation
Pre-action letter + CCJ threat clears most undisputed debts. Escalate via statutory demand for sums above £750.
