MKRR - What do we know about them?

[LuggerBugs]

It seems quite a few victims of Welcome Finance are starting to hear from a company calling themselves MKRR (Milton Keynes Rapid Recoveries). All I know (or more properly, suspect) at the moment is, they are something to do with this lot...

TRADEPRO OPERATIONS LIMITED
TRADEPRO HOUSE
SEEBECK PLACE KNOWLHILL
MILTON KEYNES
BUCKINGHAMSHIRE
MK5 8FR
Company No. 04746414

No company number of their own, so I guess they maybe don't need a credit licence themselves. Hmm.

It would appear that their initial contact is by phone. And that they MAY be in the business of buying debt from Welcome Financial, rather than simply acting as collection agents. It also seems that they are in the habit of describing themselves as BAILIFFS.

So far, I don't know of any instances where they have sent a Notice of Assignment. But then, folks like Cabot tend to only produce those out of thin air when challenged, so it's not unusual to be confused by an intimidating phone call out of the blue.

If anybody knows anything more about them, please feel free to fill in as many blanks as possible.

I'm just wondering if this is the start of the final slide into oblivion before Cattles/Welcome goes into administration.

[Curlyben]

Re: MKRR - What do we know about them?

I bet MKRR are simply the inhouse monkeys for Tradepro, who, incidentally, are these guys : TradePro

[LuggerBugs]

Re: MKRR - What do we know about them?

REALLY???? Now why would a company that deals in fuel cards to business users, be getting involved with buying debt?

I'm REALLY confused now.

I really do suspect something dodgy going on.

Oh, looky...

[Curlyben]

Re: MKRR - What do we know about them?

Might simply be a case of them buying up the Welcome portfolio, with everything that entails.

[LuggerBugs]

Re: MKRR - What do we know about them?

I suspect they will be in for a massive shock then. I don't really think they will be geared up to deal with the flood of CCA request and SAR's that will be heading their way.

Feck me, they can't even get an NoA out for the few they've so far acquired!!!

The CCA 1974 (plus amendments) is going to be totally new territory for them, since they are B2B. I notice they are registered with the CSA though, so once the complaints start pouring in about them, I feel we need to get everybody to direct their wrath at the lovely Claire Ainsley. She'll sort them out. Or rather, will ask them if they have been naughty. :tinysmile_twink_t2:

[dogtired]

Re: MKRR - What do we know about them?

Not much but after looking up trade pro I will keep my eyes open:tinysmile_kiss_t4:
Link above did not work for me not sure why

[Sapphire]

Re: MKRR - What do we know about them?

I've just done an in depth check on both of them MKRR doesn't show up at all, but Tradepro do, their credit rating has dropped from 32/100 to 22/100 overnight. They have 4 mortgages on the company £24m. Their director is a James Roy Clarke, an American with 31 present appointments.

Here's the list (hmmmm wonder if a name or two is familiar or am I just putting two and two together and making five).

Active appointments:

Temple Finance Ltd
KRS Finance Ltd
CDC Debt Collection Ltd
Tradepro Finance Ltd
Tradepro Operations Ltd
Tradepro Card Services Ltd
Key Retirement Solutions Ltd
Equity Release Assured Ltd
More 2 Life Asset SPV 2 Ltd
KRS Investment Holdings Ltd
More 2 Life Ltd
KRS Services Ltd
Cabot Square Capital Advisers Ltd
More 2 Life SPV 1 Ltd
KRS Group Ltd
Perfect Home Finance Ltd
Temple Retail Ltd
Perfect Home Holdings Ltd
Oakam Ltd
Key Partnerships Ltd

Companies dissolved or not trading:

Cabot Square Investment
Shartar Ltd
Oakam Finance Ltd
Cabot Square Ltd
Cabot Services Ltd
Cabot Finance Ltd
Cabot Square Capital GP Ltd
Cabot Square Capital Partners Ltd
Oakam Broking Ltd
Oakam Holdings Ltd

[Jacobite]

Re: MKRR - What do we know about them?

It seems quite a few victims of Welcome Finance are starting to hear from a company calling themselves MKRR (Milton Keynes Rapid Recoveries). All I know (or more properly, suspect) at the moment is, they are something to do with this lot...

TRADEPRO OPERATIONS LIMITED
TRADEPRO HOUSE
SEEBECK PLACE KNOWLHILL
MILTON KEYNES
BUCKINGHAMSHIRE
MK5 8FR
Company No. 04746414

No company number of their own, so I guess they maybe don't need a credit licence themselves. Hmm.

It would appear that their initial contact is by phone. And that they MAY be in the business of buying debt from Welcome Financial, rather than simply acting as collection agents. It also seems that they are in the habit of describing themselves as BAILIFFS.

So far, I don't know of any instances where they have sent a Notice of Assignment. But then, folks like Cabot tend to only produce those out of thin air when challenged, so it's not unusual to be confused by an intimidating phone call out of the blue.

If anybody knows anything more about them, please feel free to fill in as many blanks as possible.

I'm just wondering if this is the start of the final slide into oblivion before Cattles/Welcome goes into administration.

This company is also linked to Willen collections (who operate from the same address) and is a member of the CSA.The company is also known as MKDP LLP and has a number of affiliates.They are in the business of purchasing debts from whom ever they can and do not comply with the OFT or CSA guidlines.
Update on licence number: 632091

[star123]

Re: MKRR - What do we know about them?

Hi all, I've been contacted by MKRR about a debt from Welcome Finance that was taken out in 2005, the car was repossessed in 2007 as I was unable to make payments after losing my job, I also lost my home. MKRR have contacted me saying that I owe them over £14,000. I do not have that money to pay them, I also dont think I should pay that for a car that was reposessed. Does anyone have any advice....please it will help me an awful lot...thanks.

[Caspar]

Re: MKRR - What do we know about them?

A good start would be to send them a Prove It letter. If they prove their right to collect the debt satisfactorily, then send a CCA request and see what comes back (they have 14 working days in which to respond to this request). After this, we'll see what happens.

[Jacobite]

Re: MKRR - What do we know about them?

I've just done an in depth check on both of them MKRR doesn't show up at all, but Tradepro do, their credit rating has dropped from 32/100 to 22/100 overnight. They have 4 mortgages on the company £24m. Their director is a James Roy Clarke, an American with 31 present appointments.

Here's the list (hmmmm wonder if a name or two is familiar or am I just putting two and two together and making five).

Active appointments:

Temple Finance Ltd
KRS Finance Ltd
CDC Debt Collection Ltd
Tradepro Finance Ltd
Tradepro Operations Ltd
Tradepro Card Services Ltd
Key Retirement Solutions Ltd
Equity Release Assured Ltd
More 2 Life Asset SPV 2 Ltd
KRS Investment Holdings Ltd
More 2 Life Ltd
KRS Services Ltd
Cabot Square Capital Advisers Ltd
More 2 Life SPV 1 Ltd
KRS Group Ltd
Perfect Home Finance Ltd
Temple Retail Ltd
Perfect Home Holdings Ltd
Oakam Ltd
Key Partnerships Ltd

Companies dissolved or not trading:

Cabot Square Investment
Shartar Ltd
Oakam Finance Ltd
Cabot Square Ltd
Cabot Services Ltd
Cabot Finance Ltd
Cabot Square Capital GP Ltd
Cabot Square Capital Partners Ltd
Oakam Broking Ltd
Oakam Holdings Ltd

They also go under the names as follows:MKDP,Raven Recoveries.

[ODC]

Re: MKRR - What do we know about them?

Just got a letter from these monkeys apparently acting on behalf of MKDP for an alleged debt assigned from Nationwide. Apparently they have bought ALL of the respective rights, title and interest in respect of this.

No company number listed on their threatomatic however they give a partnership number of OC 349372 (WTF!!!!!) and a CCL Number of632121

Let the games commence

[teaboy2]

Re: MKRR - What do we know about them?

Just got a letter from these monkeys apparently acting on behalf of MKDP for an alleged debt assigned from Nationwide. Apparently they have bought ALL of the respective rights, title and interest in respect of this.

No company number listed on their threatomatic however they give a partnership number of OC 349372 (WTF!!!!!) and a CCL Number of632121

Let the games commence

I partnership number is a company number that is only given to Limited liability partnership (LLP), instead of a company number per se that is generally given to LTD or Limited companies.

Company Details



Name & Registered Office:
MKDP LLP
TRADE PRO HOUSE SEEBECK PLACE
KNOWLHILL
MILTON KEYNES
BUCKINGHAMSHIRE
MK5 8FR
Company No. OC349372


Status: Active
Date of Incorporation: 16/10/2009

Country of Origin: United Kingdom
Company Type: Limited Liability Partnership
Nature of Business (SIC):
None Supplied
Accounting Reference Date: 30/06
Last Accounts Made Up To: 30/06/2010 (FULL)
Next Accounts Due: 31/03/2012
Last Return Made Up To: 16/10/2010
Next Return Due: 13/11/2011

[ODC]

Re: MKRR - What do we know about them?

They have done me a favour by buying this as they certainly will not be receiving any phone calls from me
------------------------------- merged -------------------------------
We are an approachable, compassionate company that understands the difficulties our clients may be having in repaying their debts and we are here to help them get back on track by agreeing affordable, structured repayment plans or final settlements.
We never judge our clients based on their personal situation (or how they got there) and make every effort to help them get their finances back in order.
If a customer ignores their situation, it will only get worse. We therefore listen to and act upon what our clients tell us in order to help them face their situation and deal with it in a positive and constructive manner. We aim to show our clients that there is always a light at the end of the tunnel, no matter what, and by working with us to tackle it face on they will be able resolve the situation and get back to enjoying the more important things in life.

[mr.ton]

Re: MKRR - What do we know about them?

Doesn't get worse for the debtor if you ignore them - get's worse for their profit forecast more so!