Bootlace ferrules make for a neat installation, prevent strands of wire getting where they shouldn't and stop the screws of some connectors from damaging the strands. They are a great idea if you have some, although sometimes the plastic barrel can get in the way if you are inserting more than one into a single connector. I see that CPC also stock them. And Maplin.
Another means of terminating stranded wires is the pin crimp or flat blade crimp if you prefer the red/blue/yellow system.
On the subject of stranded wires and compression terminals, don't ever be tempted to tidy up stranded wires by solder tinning them before inserting them into screw terminals. It all looks neat and tidy when you finish the job but unfortunately, solder is prone to "cold flow", whereby the solder flows due to the applied pressure over weeks or months. The result is a loose connection, no matter how hard you originally tightened it. This in turn can lead to intermittent connections and more importantly, the risk of fire if the wiring is passing high voltage and current.
As this is a well-recognised problem, it's now unusual to see tinned wires in new products. However, I have seen one or two in recent years. They should be cut off and reterminated.
Murray