Spencer Hayes Debt Management in Administration as of 18th Dec - sold book to Angel

[Amethyst]

According to a customer of theirs, and the FCA, Spencer Hayes Financial Services Ltd - a Debt Management company - website toomuchdebt.co.uk - has gone into Administration.

We don't know when, why or anything more than that at the moment so any confirmation would be appreciated.

Spencer Hayes Ltd
Glenfield Park Two
Blackburn
Lancashire
BB1 5QH

01254 583225

[Nibbler]

Re: Spencer Hayes Debt Management in Administration ?

FCA interim register records them as "in administration".

[Amethyst]

Re: Spencer Hayes Debt Management in Administration ?

Possibly they have gone in admin as they've been taken over by Clear Start / Debt Free Direct ??

Registered Name Clear Start Partnerships Limited
Previous Registered Names
Trading Names
Debt Free Direct, debtadvice.mobi, debtadvicegroup.co.uk, debtadvicegroup.co, debtadvicegroup.com, debt-advice-group.com, debt-advice-group.co.uk, debtmanagement.eu.com, iva.im, iva.eu.com, www.clearstart.org, www.clearstart.co.uk, www.debtmanagementhelps.com, www.ivahelps.co.uk, Spencer Hayes, www.debtfreedirect.co.uk, www.fairpoint.co.uk, www.clearstartpartnerships.co.uk, clearstart.co.uk, Clearstart.Mobi, debthelpers.uk.com, Clear Start Consumer Debt Service, Clear Start Money Management, www.spencerhayes.co.uk, debtadvicegroup.net, dfd.co.uk, debtadvicegroup.mobi, debtadvicegroup.im, debtadvicegroup.eu

[Amethyst]

Re: Spencer Hayes Debt Management in Administration ?

Maybe I'll ask the FCA as the websites are all live and people are still making payments to S H.

[Amethyst]

Re: Spencer Hayes Debt Management in Administration ?

Dear Sharon,

Thank you for your email,

I can confirm that the firm has gone into Administration. Joint Administrator was appointed on 18 December 2014. I have attached a letter that was sent to all the clients by the Administrators. This letter is also available on the firms website.

I hope this e mail is useful.

Regards

FCA



And on spencer hayes website it's a bit subtle --- with a rather irritating spelling error.

Welcome To Spencer Hayes

Too all known Debt Management Clients - Please Click Here

If you're having debt problems don't face them alone. Our advisors can help you whatever your financial situation.

[Nibbler]

Re: Spencer Hayes Debt Management in Administration ?

If I had known to look.

http://www.leonardcurtis.co.uk/index...esses-For-Sale

Can't see the letter though...

[Amethyst]

Re: Spencer Hayes Debt Management in Administration ?

lol, they should just ask Clearstart as per my other question to the FCA (as yet unanswered) ....


Could you tell me also whether they are allowed to trade under on the Clear Start Partnerships Limited authorisation where they are listed as a
'trading name' , and if this should be made clear on their website.

FOR SALE – NORTH WEST BASED DEBT MANAGEMENT BOOK/CLIENT BASE
Leonard Curtis is urgently seeking interested parties with regards to the sale of a debt management book/client base
Key Features:

• 1800 plus clients
  
• Long standing loyal client base
• Long trading history
• PPI/IVA opportunities
• Turnover for year ended 31 August 2014 – c £1.16 million

Opportunity:

• Deadline for offers by 5pm on Monday 15 December 2014 and completion by 19 December 2014.
• All interested parties will be requested to sign a non-disclosure agreement.

Contact details:
Tom Bond
Leonard Curtis
Tower 12
18/22 Bridge Street
Manchester
M3 3BZ
E-Mail:tom.bond@leonardcurtis.co.uk
Tel: 0161 831 9999
If you do not wish to receive further e-mails then please reply “unsubscribe''

looks like we missed the deadline to snap them up then. I guess no one offered anything as they went into admin on the 18th.



LOG IN FOR ADMINISTRATORS is sh68hm34xe - https://www.thecreditorgateway.co.uk/lcbsg

Details for Angel Advances -


- but personally I would go with Stepchange - http://www.stepchange.org/

[EXC]

Re: Spencer Hayes Debt Management in Administration ?

So it's a pre-pack then.

Angel Advance apparently dormant and next accounts due in 2 days. They used to be Money and Debt Ltd until August 2013, does that ring a bell?

They had a charge registered in November 2013 by Goldentree Financial Services PLC.

[EXC]

Re: Spencer Hayes Debt Management in Administration ?

Change of name & charge docs.

[Amethyst]

Re: Spencer Hayes Debt Management in Administration ?

So it's a pre-pack then.

Angel Advance apparently dormant and next accounts due in 2 days. They used to be Money and Debt Ltd until August 2013, does that ring a bell?

They had a charge registered in November 2013 by Goldentree Financial Services PLC.

Angel Advance do - they bought up GrassRoots ( Debt and Claims Ltd ) debt management book in the summer.

Doh... s'ok me being a doofus again.

Yes, same ones who bought GrassRoots DMP stuff. Wonder how people who stuck with Angel after GrassRoots sold their book are getting on with Angel ?

[Amethyst]

Re: Spencer Hayes Debt Management in Administration ?

I think one of the directors of Angel does a childcare vouchers business too. (Will look it up) Ah yes - Fideliti Childcare Vouchers - I remember because there was an awful lot of money in the bank.

looks like she had a go at the 'green' market too - THE ENERGY SAVINGS PROVIDER LIMITED

Read more at: http://companycheck.co.uk/director/910369687

[righty]

Re: Spencer Hayes Debt Management in Administration as of 18th Dec - sold book to Ang

So another unregulated parasite hits the buffers meanwhile the FCA sits on it's backside allowing this to happen time and time again

[Nibbler]

Re: Spencer Hayes Debt Management in Administration as of 18th Dec - sold book to Ang

So no report was uploaded by COP on the 2nd then?

[Amethyst]

Re: Spencer Hayes Debt Management in Administration as of 18th Dec - sold book to Ang

lol, no, presumably they will actually be back at work tomorrow.

[Nibbler]

Re: Spencer Hayes Debt Management in Administration as of 18th Dec - sold book to Ang

One would hope.