In the construction industry, it's never a good idea for a sub-contractor to carry out work without a written contract. But it happens. And it doesn't mean you can't recover an overdue debt.

Overdue payment retentions can create cash flow problems for all kinds of contractors in the construction industry. So, what can you do to ensure any retention amounts you're owed are released in a timely manner?

Debt collection agencies are often asked if there's a minimum invoice value that makes chasing a debtor worthwhile. The answer is generally 'no', so it's really up to you whether you want to take things further when the amount involved is small.

Putting an overdue debt in the hands of a debt collection agency can feel like a big step, so it's natural to worry about the impact on your good name. However, doing nothing can be just as bad for your reputation.