I have a client who I have acted for over many years, I complete his and his wifes personal returns and they currently dont owe anything on their personal account.
He however has two comapanies that i act for the first owes me approximately 8k. This company hasnt traded now for a couple of years so the debt is quite old. He has a second company which i am in the middle of completing the final accounts for. I have issued the accounts and a invoice for 2.5k. Several changes to the accounts due to invoices being brought in late and stories of sales being made on behalf of third parties we are still in the process of getting a set of accounts together that he is happy with.
The outstanding amount is large but despite not having the best (or any ) records he has always previously paid a large chunk of his account which has kept both me and him happy to continue on this basis.
The last couple of weeks however have been hard work and very time consuming due to the poor records and number of changes i have had to make it really has left me wondering if he is worth having as a client.
This morning I arrive at the office to find a letter from another accountant stating that they have been approached by him to act at his accountant. The letter makes no reference to the companies only him personally. At this point im really not sure I want to continue my work with the second comapany but I also would like to recover some of the debt. Any ideas or experience of which might be the best way for me to approach this one?
I have tried ringing him to clarify the situation but he is not answering my calls. excellent.