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Scott & Mears Credit Services Limited (05633041): administration

Status
In administration
Administration began
2025-09-02
Administrators
Louise Longley, Julian Pitts
Administrators' firm
Begbies Traynor
Incorporated
2005-11-23
Location
Leeds
Industry
64999 Financial intermediation not elsewhere classified

Why it went into administration

From the administrators' statement

The Company was founded in 1991 as a family-run debt recovery agency serving clients across the UK. The Company maintained a diverse client portfolio comprising over 150 active accounts across the UK, ranging from SMEs to large-scale institutions. The Company was authorised and regulated by the Financial Conduct Authority (“FCA”) to collect consumer debt.

The Company specialised in sectors such as retail, finance, property, manufacturing, and funeral care. Its approach was based on a “No Success, No Fee” principle. In 2009, the Company partnered with the Society of Allied and Independent funeral Directors (“SAIF”) to create the SAIF accreditation, assuring funeral directors that their methods were non-aggressive, thus generating business from various funeral directors as one of two “Supplier Partners” of SAIF, creating a unique selling point for the business.

In January 2020, the Company’s shareholding was acquired by Merrivale Special Projects 2019 Limited (“Merrivale”). In conjunction with Merrivale’s acquisition of the shares, Jeannette Kirton was appointed as a director of the Company, and Mr Tony Kirton took a prominent role in the Company’s management.

Administrators' statement of proposals (2025-10-29) · Companies House register

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Scott & Mears Credit Services Limited (05633041)

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