Admiral InTouch

Monday, September 1, 2008 Admiral In Touch   VOLUME 1 ISSUE 19  
Defence electronics specialist relies on Admiral for data, voice and security

Elma-Mektron is part of a global organisation that supplies electronic packaging solutions and turnkey system enclosures to prime defence contractors. Products range from standard off-the-shelf components to fully customised solutions such as modular enclosures, cabinets and backplanes.

[FULL STORY]
 
Dealing with late payment
Cash is the lifeblood of smaller companies, but how do you keep it flowing, especially in a difficult economic climate?

It’s estimated that up to a quarter of businesses fail simply because of late payment. This is hardly surprising when some big businesses are now taking up to five months to settle invoices.  Which often leaves smaller suppliers struggling to settle their own bills, or buy essential supplies and equipment. If this is a familiar spiral, it’s worth taking steps now to protect your interests and make sure your invoices stay top of the pile.
[FULL STORY]
 

Customer Satisfaction Survey
Admiral recently conducted a Customer Satisfaction Survey via the Zoomerang online survey website with spectacular results. Participants were offered the chance to win a 32” LCD television, in addition 25 quick-off-the-mark participants won a 1Gb Admiral USB memory device, the lucky winner of the LCD television was Ms Natasha Burke-Manganaro, of Specialised Travel Ltd – congratulations to her!
[FULL STORY]
 
How Green is your business? New legislation……
Toner Recycling Initiative, reduce your carbon footprint.
At Admiral we take our recycling responsibilities very seriously.  As a result of many requests from our customers about used copier/printer toner cartridge’s and spare parts re-cycling, we have introduced a pilot scheme to answer these queries and to aid preservation of the environment at the same time. We have supplied all of the customers in the pilot scheme with a used toner recycling box which has been placed next to the photocopier.

[FULL STORY]
 
Carbon Savings as Admiral launches Ride to Work Scheme
Did you know that a Government scheme exists that can save your employees around 50% off the price of a new bike ? It’s called the Green Transport Plan, and it aims to make cycling more attractive and more accessible by taking advantage of some unique tax incentives.
 
Admiral have joined the 'Ride to Work' scheme (no, not horses...unfortunately).  Having decided to go ahead with the scheme, our staff are already saving on their carbon footprints.
[FULL STORY]
 
Charity Pool Night
The Charity Committee at Admiral organised the second Charity Pool Tournament at Rileys Snooker Hall in Park Street on Thursday 17th July. The event helped raise money for Reach the Children charity.
[FULL STORY]
 

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Late Payment Survey - We want your views
Size of business

£0-£125,000

£125,00-£500,000

£500,000-£1,000,000

£1m-£2m

£2m+

What is your usual time from invoice to payment?

<30 days

30-45 days

45-60 days

60-90 days

90 days+

What is the most often used excuse for late payment?

Haven’t been paid our selves

Having cash flow problems

No one to sign off invoice

Who are the worst payers?

Small customers

Medium sized customers

Large customers

Which of these actions have you used

Applied interest to invoice

Invoice finance

Used a debt collection agency

Taken a customer to court

Have you become more aggressive about late payment during this ‘credit crunch’?

Yes

No

What advice do you have for companies with late paying customers?

If you have a close relationship with the client try using a third person to chase the debt

Be persistent. Don’t worry about being firm – they owe you money

If their finance person is only available certain days make sure you ring on those days

Make sure you get a purchase order or that you have confirmed costs before hand

Be decisive. If they are persistent late payers then maybe it’s time to let them go

  [See Results]
Admiral In Touch
July 3, 2008
Vol. 1 Issue 18
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April 30, 2008
Vol. 1 Issue 17
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February 29, 2008
Vol. 1 Issue 32
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Vol. 1 Issue 31
Admiral Christmas Greetings
December 13, 2007
Vol. 1 Issue 30

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