u/BackgroundLychee

Hey everyone! Apple just approved v2.2.0 and with it, some big changes. We've been live in stores for a few months now and with a few thousand users across platforms are starting to get a really good read on what users have wanted to see.

What's new:

  • Today tab — new home screen. Opens to your portfolio total, today's movers from your own collection, a wishlist alert if any target prices have been hit, and a Set of the Day (top trending retired set). Replaces the old Collection-first layout.
  • Scanner verdicts — point the camera at any set and get a BUY / WATCH / PASS decision in seconds. Live market price vs RRP, 90-day trend, confidence score. Set recognition powered by Brickognize really kicks this up a gear.
  • New sets alert — the app now checks daily for new LEGO announcements and shows a alerts you when new sets land.
  • Investor tier — new optional tier (£2.99/mo or £19.99/yr) for the investors amongst you (quite a few in this group no doubt 😅). Adds Analyst Mode across every screen: per-set volatility scoring, 12-month price forecasts with confidence bands, and source-by-source price provenance (BrickLink, BrickEconomy, eBay, our model). Pro stays exactly as it was.

>For Lifetime members:
If you bought the Lifetime purchase, thank you, genuinely. You're automatically grandfathered to Pro for life with no action needed. Your purchase is honoured in full and nothing is being taken away. Investor is a new optional upgrade if you want the analyst layer, but there's zero pressure and Pro covers everything it always did.

The update should be hitting the App Store now. Happy to answer any questions!

u/BackgroundLychee — 10 days ago

Genuine question, would love to hear how this is playing out for other people.

The March reform package put a 60-day ceiling on most B2B payment terms, made statutory interest mandatory (no more contractual opt-outs), and gave the Office of the Small Business Commissioner the power to fine repeat late payers. On paper it's the most significant late-payment legislation we've had in over a decade.

In practice — has anyone here actually started invoking it? Charging the BoE+8% interest, claiming the fixed compensation, escalating to the Commissioner if needed?

I tried it for the first time this month on a £3,200 invoice that was 63 days overdue. Sent one calm email citing the Act and the figures (£64.90 interest plus £70 compensation = £3,334.90 total). Got paid in three days, including the £134.90 added on, no pushback. But that's a sample of one, and probably says more about that specific client than about how it lands generally.

A few things I'm curious about:

  1. Has anyone had a client refuse and force you to escalate? How did that go?
  2. Are people actually filing with the Small Business Commissioner now that the powers have expanded, or still going straight to MCOL?
  3. For anyone running an agency / having to chase across multiple invoices and clients — has the new mandatory-interest position changed how clients negotiate at the contract stage?

For context, the calculation is BoE base rate (currently 3.75%) plus 8%, simple daily interest, calculated on the gross including VAT, with the rate fixed in six-month windows. The fixed compensation is per invoice, tiered at £40/£70/£100. I built a small calculator that handles the rate windows properly because the free ones I tried got the boundary cases wrong. Also wrote a longer guide if anyone hasn't read up on the underlying Act.

(Disclosure: also made an iOS app that does this end-to-end. UK App Store only. Just want to be upfront.)

u/BackgroundLychee — 11 days ago

Hey everyone; wanted to share as I figured this might be useful if anyone's in the same boat of chasing unpaid invoices or juggling the true amount owed.

Client owed me £3,200 from end of February. We're now in May. Four follow-up emails, two phone calls, every excuse you've heard. I was honestly about to write off £200 of disputed line items just to get the rest moving. It's not a new situation TBH, I'm frequently chasing new clients whilst my regulars are generally pretty good.

My account mentioned the Late Payment of Commercial Debts (Interest) Act 1998; one that's been impacted my legal change in March this year. Apparently if you do B2B work in the UK, the moment a client misses the agreed payment date you have a statutory right to charge them BoE base rate + 8% interest on the unpaid amount, plus a fixed compensation fee. No clause needed in the contract, no warning required. The right is just there.

So I worked out what I was actually owed:

  • Principal: £3,200
  • Interest at 11.75% for 63 days: £64.90
  • Fixed compensation (the invoice falls in the £1k-£10k tier): £70
  • Total: £3,334.90

Sent one email. Calm, just the figures and a one-line reference to the Act. Got paid Friday, honestly hadn't expected much!

The maths is the annoying bit because the BoE rate isn't the rate today, it's the rate as of the prior 31 Dec or 30 Jun depending which window the days fall in. Which is why most of the free web calculators get it wrong if your invoice straddles a boundary.

I built one that does it correctly. No signup, just plug in the amount and the dates.

There's also a longer plain-English explainer of the Act I wrote up for other freelancing friends if anyone wants the deep version, including the bit about the 2026 reforms (60-day cap, mandatory interest, etc). Shout if this would be useful, but i've seen a few good posts on this already.

Happy to paste the email template I used as a comment if it's helpful and would love to hear people's stories about their wins and challenges here!

reddit.com
u/BackgroundLychee — 11 days ago