Brand & Newsroom

Press Resources

Featured news, highlights and brand resources for anyone interested in brodmin.com

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Our Brand Assets

We’ve put together a few press resources to help you use our brand and assets. If you have any questions, please get in touch – [email protected]

About brodmin

Our name
“brodmin” is one word, spelt with a lower case “b” always.
The brand name is an amalgamation of the last names of the founders. (Broda & Minarik)

Year founded
2021

Founded by
Thomas Minarik [LinkedIn] Kris Broda  [LinkedIn]

Short description
brodmin is a global late invoice payment directory. Anyone can report unpaid invoices and anyone can search our directory for businesses that have been reported for not paying their invoices on time.

Boilerplate

Founded by Kris Broda and Thomas Minarik, brodmin was developed to help freelancers, business owners, and entrepreneurs find more financial stability and better protect their business when working with new on and offline clients.

As an independent directory focused on collecting reports on businesses who leave clients unpaid, we want to help you avoid potential financial hardships before they happen. By giving you the tools needed to understand whom to work with and whom to avoid we can help you grow your business with improved confidence.

Clients and businesses are rapidly growing in the ever-changing business marketplace, which makes it even more vital that you stay better protected when it comes to your financial future.

Be aware of businesses whose payment habits don’t align with your efforts, so you can focus on what matters most—your own success.

Read more on our about page

Registered Office Address:

Brodmin Limited
71-75 Shelton Street
Covent Garden
London
WC2H 9JQ

Press Contact: 

Thomas Minarik: [email protected]
(email for phone number)

Press releases

Read through our press releases to see our latest efforts to improve poor payment practices

DigitalJournal.com Logo
StarTribune.com Logo
msnbc-logo
MarketWatch.com Logo
Ask.com Logo

Press release Dec 2020

A general announcement of brodmin’s late payment directory

We’ve launched

We are live and taking unpaid invoice reports on our directory

Payment upgrade

Soon reported clients need to pay for reputation management

Online mentions // reviews

abnewswire.com

Press release solutions for corporates, individuals, and agencies.

marketwatch.com

MarketWatch provides the latest stock market, financial and business news

jumbonews.co.uk

The latest breaking news, businesses, comment and features from the world.

medium.com

This is our own article on why it is important to always pay your invoices on time!

coming soon

We are waiting on a few sites to get back to us. Will update this section asap.

coming soon

We are waiting on a few sites to get back to us. Will update this section asap.

92%

decision makers

92% of UK financial decision makers admit to paying suppliers late

82%

cash flow problems

82% of businesses that fail do so because of cash flow problems

2.2 mil

not being paid

2.2 million people in the UK not being paid on time due to unpaid invoices

The impact of late payments on small businesses

Here is what some of the biggest sites have to say about the real impact late payments have on businesses.

Late Invoice Payment Stats Source
1 in 5 insolvencies attributed to late payments disputesregister.org
Unpaid B2B Invoices up 23% in the UK Unpaid Invoice Tracker
72% year-over-year increase in late payments atradiuscollections.com
The average small business is owed £8,500 cpa.co.uk
COVID‐19 will cause unpaid business debt to double to £8.6 BILLION redflagalert.com
25% of bankruptcies are due to unpaid invoices coface.com.sg
92% admit to paying suppliers late emergingpayments.org
Late Payments Cost Small Businesses $3 Trillion Per Year cpapracticeadvisor.com
74% of global businesses say late payment is “a fact of life” safe-collections.com
50,000 small businesses fold due to late payments each year simplybusiness.co.uk
82% of businesses that fail do so because of cash flow problems smallbizgenius.net
 24% of UK businesses report late payments as a threat to their survival beisgovuk.citizenspace.com
43% of SMEs spend about £4.4 billion in administrative costs chasing late payments bacs.co.uk
43% admit that late payments affected their mental health xero.com
2.2 million people in the UK not being paid on time due to unpaid invoices quickbooks.intuit.com
Beyond Brexit: 43% of UK invoices sent abroad were paid late in 2019. marketfinance.com
Late B2B payments slowing down the economy raconteur.net
60% is the minimum percentage of small businesses that regularly have invoices paid late pymnts.com

Articles from our blog

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