vastly exp:
do not touch driverwise with a barge pole
That’s what I’ve been saying for I don’t know how long now! 
Just a reminder that they’re now trading as Recruit and also Advantage Haulage too. 
What a mine field 
surely its easier to work for a Legit company, instead of all this will i wont i get paid business 
Rob K:
vastly exp:
do not touch driverwise with a barge poleThat’s what I’ve been saying for I don’t know how long now!
Just a reminder that they’re now trading as Recruit and also Advantage Haulage too.
I agree - beware of such cowboy agencies like Driverwise.
Rob K:
Re Driverwise, they are now trading as Recruit - see this thread.I’m still waiting to hear back from CH Debt Recovery too, after I PM’d them a few days ago.
This may be of interest
Factoring for fast cash solutions
Invoice finance and factoring are becoming mainstream alternatives to overdrafts, term loans, letters of credit and even private equity.
After burning through a bank loan of £60,000, David Allon thought it might be time to talk to a factor. Six months on from launching Driverwise, a business that recruits temporary lorry drivers, he had sales of £10,000 a week, but kept finding himself out of pocket. The reason was that Allon and his partner, Marc Hedley, were in the uncomfortable position of paying their drivers every week and then waiting 60 or even 120 days for payment from fleet owners. To keep going, Driverwise needed money upfront.
If he went to the bank, Allon reckoned it would mean asking for a loan of £300,000. Instead he contacted three factors last September, choosing the one who took the trouble to sit down and understand his business.
By April this year, Driverwise was regularly taking £30,000 a week, £100,000 when it was busy. ‘We could not have grown as fast without invoice finance,’ Allon says. ‘We opted for the whole package. Factoring is easier for us and offered us the option of credit control.’
Driverwise currently has 300 drivers on its books, placing them in over a hundred different companies. ‘By specialising, we can recruit all day without getting sidetracked. There is a driver shortage throughout the country, particularly with the introduction of the Working Time Directive. We are aiming to open a branch a year, which we could not do without our factor.’
I understand the credit/cash flow issues but why the change of name if they are building a credible business then why the change of name??
Did they crash and burn i.e. bankruptcy. which can be a very good way of saving some cash…usually other peoples 
Krankee:
For a start up agency to have NOT included ‘Factoring’ in the original business plan is just plain folly.
Although I’m not defending this guy or any other Agency that factors, have you sat and thought about the consequences of using a factor company?
My own personal experience is that they are good for your cash flow but they dont come cheap, I had First National who sold out to another company who ended up selling out to Bibby Factors Yorkshire.
£100,000 credit limit yeah great, but you have to pay them 7.5% of the Invoice total so there’s a fair chunk of your profit gone for starters, then you pay them a fee which with me equated to around £35 per month, then of course you had other charges such as bank transfer charges to pay £25 a time if you wanted same day C.H.A.P.S. payment.
Then of course you get the limits put in place called a customer % which means if you factor most of your invoices from 1 customer then they use up your customer liability so you cannot factor invoices from another company, by this I mean, you still have to submit ALL invoices but they wont pay you on them until the liability invoices are settled, so if your supplying 1 company all the time they become your bugbear as far as factoring is concerned.
Then of course you then get the hassle of having the invoice re-assigned back to you after 30 days if your customer has not settled his invoices, so if customer A owes you £5k and you submit invoices from customer B for £3k, you dont get anything off customer B because the factor company makes sure they keep it because of the re-assignment until customer A coughs up.
So dont go thinking that Factor companies are the be all and end all of company finance problems, they aint, and regadless how much bull ■■■■ the sales rep gives you, it is only usefull if you have fast paying customers, and as I found out to my expense, its cheaper just budgetting from day to day as you deal direct with your customers instead of some hoity toity stuck up office staff calling them demanding settlement, you as the supplier end up having to phone up anyway and then get the grief from the customer about the hassle they’ve had from the factorer.
I’m in the process of clearing up a trial of destruction concerning David Allon and his sidekick - Sian Pemberton. My advice to anyone who deals with these two is to get out quick. They have most recently been using an Asset Management Company called Helping Hand from Cornwall. If you’re a driver and being sent payslips from Helping Hand be careful.
JCB:
I’m in the process of clearing up a trial of destruction concerning David Allon and his sidekick - Sian Pemberton. My advice to anyone who deals with these two is to get out quick. They have most recently been using an Asset Management Company called Helping Hand from Cornwall. If you’re a driver and being sent payslips from Helping Hand be careful.
Who woke this thread up? 
2005/6.
Helping hand sounds like a factoring company, but an agency who have to factor invoices to pay for a desk, telephone and a pad of post it notes
Helping Hands was the name of the agency in the film CARRY ON REGARDLESS says something there. 
neil46:
Helping Hands was the name of the agency in the film CARRY ON REGARDLESS says something there.
priceless neil by the way malc they’re factoring to pay wages due weekly against monies received much later
I have spoken to the poster Disco509, and this is a genuine request for information from anyone who has worked for the above companies that believe they are owed money or that income tax due was not paid to the Inland revenue.
Please PM DISCO509 with any information
In case you are unsure if the poster is talking about a company you worked for many of the companies concerned are listed in THIS NEWS ARTICLE
For your own sake and to save this thread from being edited regularly or be forced to remove it please DO NOT MAKE ANY ALLEGATIONS IN THIS THREAD THAT YOU CANNOT PROVE
I dont want to have this thread be removed because statements are made that could lead to legal actions against the owners of TruckNet UK or the members
If you belive you are owed money by the above or if you have ever worked for them pls call the I am owed money hotline on 07887680754
To further add to this topic the above companys ex directors are operating in London as well as the yorkshire area they went into see one of the big local hauliers only last week.