Commercial debt assignment. Nothing else.

We publish our regulatory position in full so that insolvency practitioners, company directors and direct debit providers alike can verify exactly who they are dealing with — and what every payment arrangement is for.

SIC code 82990

Other business support service activities n.e.c. — our registered classification, and an accurate description of what we do.

Strictly non-FCA

We do not carry on consumer credit or other FCA-regulated activities, and we never purchase FCA-regulated debt.

Assignment, not collection

We purchase commercial debts outright and become their legal owner — estate asset realisation, not debt collection.

Never third-party collection

We do not collect debts on behalf of third parties. Every plan we operate is on a debt we own.

In plain terms

What we are — and what we are not.

We are

Purchasers of commercial and business debt from insolvency practitioners
Legal owners of every debt we operate a plan on
Specialists in realising estate assets so cases can be closed
A long-term counterparty that sets up and manages direct debit plans with directors
Registered under SIC code 82990 — non-FCA commercial activity

We are not

A debt collection agency
A collector acting on behalf of third parties
A purchaser of consumer debts
A purchaser of FCA-regulated debts
A lender, broker or consumer credit provider

For direct debit providers

Why our positioning matters to you.

When a mandate names us, the picture is simple — and consistent every time.

Transparent merchant purpose

Our direct debit accounts are used solely to collect repayment plans on debts we own — nothing else flows through them.

We are the creditor

After assignment, every mandate runs to us as the debt's owner. There is no third-party collection in the chain.

Business counterparties only

Plans are set up with company directors over commercial debts belonging to insolvent estates. No consumer debts enter the pipeline.

Narrow, fixed scope

The activity on any mandate is always the same: an instalment plan on a purchased commercial debt. Predictable by design.

If a mandate ever appears to relate to a consumer debt, an FCA-regulated debt, or a collection on behalf of a third party, it did not come from us. Please raise it with us directly and we will resolve it.

Scope

What we purchase — and what we never will.

We purchase

· Business debts legally assigned by insolvency practitioners
· Overdrawn director loan accounts
· Insolvency claims where payment is being received on a deferred basis
· Estate assets being realised so a case can be closed

We do not purchase

· Consumer debts of any kind
· FCA-regulated debts
· Any collection mandate for a third party
· Debts owed by individuals in a personal, non-business capacity

Due diligence questions are welcome — put them to us directly