Ofgem appoints Octopus Energy to take on customers of Effortless Energy

4th September 2020 Consumer Collections |

Ofgem has appointed Octopus Energy to take on supplying Effortless Energy approximately 2,500 domestic customers and small number of non-domestic customers. This follows a competitive process run by Ofgem to get the best deal possible for customers. Octopus Energy is offering customers a competitive tariff. All outstanding credit balances, including money owed to both existing…

Read more

Average spending on credit cards increased in June and July

4th September 2020 Consumer Collections |

New analysis of card trends during June and July has shown the first signs of payment deterioration with an increase in credit card spending following the lockdown.. The analysis provided by FICO has indicated that after the dramatic fall in average spending on credit cards for January to May 2020 (down 27 percent year on…

Read more

British Gas to purchase Robin Hood Energy customer base

4th September 2020 Consumer Collections |

Centrica, through its British Gas business, has agreed to acquire the energy supply customers of Robin Hood Energy Limited for an undisclosed sum. Robin Hood Energy currently serves around 112,000 residential customers, and 2,600 business customers across 10,000 sites. Completion of the transaction is expected on 16th September with customers moving to British Gas over…

Read more

Ovo Energy appoints new CEO

4th September 2020 Consumer Collections |

Ovo Energy, the UK’s largest independent energy supplier, has announced the appointment of Ben Blake as Chief Executive Officer (CEO). The company has also announced the appointment of Simon Maine as Director of Corporate Affairs. Blake joins Ovo as CEO of Ovo Energy and Smart Home, which includes responsibility for the brand, propositions and customer…

Read more

EQ launches Mortgage Services

4th September 2020 Consumer Collections |

Consumer credit technology specialist EQ Credit Services will offer mortgage services as an end-to-end loan servicing platform, to banks, building societies and other specialist mortgage providers as part of its new launch called EQ Mortgage Services. The service will see clients move to its API-led platform – EQ Borrowbox – and supported by a team…

Read more

INSOLVENCY NOTICES: Appointment of Administrators – August 2020

4th September 2020 Commercial Credit Management |

In August the following administration notices have been issued and advertised in the London Gazette for the following companies: AA LIGHTING CONTRACTORS LTD ACCESS RENTAL HIRE UK LTD AERO TECHNICS DESIGN LTD ARLINGTON INFRASTRUCTURE LTD AVNI KENSINGTON HOTEL LTD B.D. (S/W) LTD BAGEL NASH LTD BAR FIBRE LTD BELEM DEVELOPMENTS LTD BISHOP & SONS’ DEPOSITORIES…

Read more

INSOLVENCY NOTICES: Winding Up Petitions – August 2020

4th September 2020 Commercial Credit Management |

In August, Winding Up Petitions (Companies) have been issued and advertised in the London Gazette for the following companies: ABBOTTS WILLS & PROBATE SERVICES LTD ALE CONSTRUCTION LTD ALPHAMED REPORTING LTD ARLWM LTD ASTON DARBY GROUP LTD BDC AGGREGATES LTD BELMAR CARE HOMES LTD BIRCHCLAY LTD CAVERN WALKS CAPITAL LTD CIRCLE AUTOMATION LTD COMMERCIAL BRAKE…

Read more

LIQUIDATION NOTICES: Creditors Voluntary Winding-Up – August 2020

4th September 2020 Commercial Credit Management |

Creditors Voluntary Winding-Up – Appointment of Liquidators notices have been issued in the London Gazette for the following companies in August. 24/7 SUPER MARKET LTD 3RD ELEMENT LTD 4 BODYMIND LTD 4UK LTD 5SPICES (LEEDS) LTD A & A (MELTON MOWBRAY) LTD A.BARLEY PLANT LTD A.M. STRAFFORD AND SONS LTD AB DRAINAGE LTD ACTION PETZ…

Read more