Written by John Kruse, one of the leading experts on Bailiff Law, this consumer friendly guide is essential reading for anyone who comes into contact with a bailiff.
The book is easy to understand and clearly explains the rights
a bailiff has, and also what they cannot do when collecting debts and repossessing goods etc.
MERCERS DEBT COLLECTIONS LIMITED Company No: 02550639 Registered Office:Incorporated: 22/10/1990CITYPOINT
ONE ROPEMAKER STREET
LONDON
EC2Y 9SS
Company Type: Private LimitedReport Status: Full DataAccounts Type: DormantLatest Accounts to: 31/12/2005Latest Return to: 01/10/2006
it clearly states the accounts type dormant.
If you were a shareholder in Barclays Bank Plc do you think the company should do business with a company whose accounts type is as stated above.
Are Mercers a subsiduary of Barclays Bank Plc and Is this stated in the accounts of Barclays Plc ???
Re: Barclaycard using Mercers Debt Collection Ltd (who have "dormant accounts")e
I had a lot of dealings with Mercers over the past few years and I was always of the opinion that they were actually part of Barclaycard. I can't recall why I thought that but I never for a moment thought they were an independent debt collector.
MERCERS DEBT COLLECTIONS LIMITED Company No: 02550639 Registered Office:Incorporated: 22/10/1990CITYPOINT
ONE ROPEMAKER STREET
LONDON
EC2Y 9SS
Company Type: Private LimitedReport Status: Full DataAccounts Type: DormantLatest Accounts to: 31/12/2005Latest Return to: 01/10/2006
it clearly states the accounts type dormant.
If you were a shareholder in Barclays Bank Plc do you think the company should do business with a company whose accounts type is as stated above.
Are Mercers a subsiduary of Barclays Bank Plc and Is this stated in the accounts of Barclays Plc ???
Re: Barclaycard using Mercers Debt Collection Ltd (who have "dormant accounts")e
Despite Mercers Debt Collections Limited being shown as dormant, filings continue.
Company Name:
MERCERS DEBT COLLECTIONS LIMITED
Company No:02550639
Registered Office:
Incorporated:22/10/1990
CITYPOINT
ONE ROPEMAKER STREET
LONDON
EC2Y 9SS
Company Type: Private Limited
Report Status: Full Data
Accounts Type: Dormant
Latest Accounts to:31/12/2008
Latest Return to:01/01/2009
The above as of 10 June 2009.
At Companies House I see also this:
Company Type: Private Limited Company
Nature of Business (SIC(03)):
7499 - Non-trading company
So here we have a Dormant, Non-trading Company which sends out letters bearing a PO Box address in Liverpool within Barclaycard envelopes carrying a PO Box address in Northampton as a return address.
In what way is this proper?
tch tch tch
LL
"Do just once what others say you cannot do, and you will never pay attention to their limitations again." - Arthur C. Clarke. "Thy word is a lamp unto my feet, and a light unto my path." - Psalms 119:105
Re: Barclaycard using Mercers Debt Collection Ltd (who have "dormant accounts")e
I just got another letter from mercers this morning ( i suppose because they haven't managed to find my info at Barclaycard). Does anyone have a good letter to send them relecting on the above details about them being a dormant company. I am going to send them one anyway so may as well throw a few threats in there as well.
Any thoughts
Re: Barclaycard using Mercers Debt Collection Ltd (who have "dormant accounts")e
The term dormant applies to a company that, in legal terms, has no significant accounting transactions during a financial year. It is not the same as a non-trading company, a term that has no legal meaning.
A dormant company must not have any accounting transactions except specific allowable transactions that can be disregarded.
No significant accounting transactions means no entries in the company's accounting records. The amount paid for shares when the company is first formed and a few costs that the company may incur in order to keep the company registered at Companies House do not count as significant accounting transactions.
Financial transactions that do not affect the submitting of dormant company accounts are: payment for shares taken by subscribers to the memorandum of association, fees paid for a change of company name, the re-registration of a company and filing of annual returns and payment made because of penalties incurred due to late filing. Dormant company accounts do not have to include a profit and loss account and can be very brief, particularly if the company has been dormant since incorporation.
A company can be non-trading in the sense that it is not doing business. However, it may still have other accounting transactions going through its books, which means that it is not dormant in a legal sense.
Dormant or Non-Trading - as the company is non-trading, it is required to file Dormant Accounts annually to Companies House. Dormant accounts show very little financial data except for assets and shares held. If the company becomes active again, it will be required to file normal Annual Accounts again. Due to the lack of financial data, a dormant company will not be assigned a credit score or limit, also there will be little company information.
Based on the above, accepting payments as an agent of another company could well be contrued as transactions which are outside the scope of the 'maintenance' transactions listed above.
When I have more time I will do a little more research, as I am also in receipt of a letter from Mercers. They say it's a DN, but it's not. It's just a letter.
Cheers,
LL
"Do just once what others say you cannot do, and you will never pay attention to their limitations again." - Arthur C. Clarke. "Thy word is a lamp unto my feet, and a light unto my path." - Psalms 119:105
Re: Barclaycard using Mercers Debt Collection Ltd (who have "dormant accounts")e
Originally Posted by LampLighter
When I have more time I will do a little more research, as I am also in receipt of a letter from Mercers. They say it's a DN, but it's not. It's just a letter.
Cheers,
LL
that "DN" from Mercers... I'm not a gambling man but I bet they havent put the original creditors name and address on the "DN"
IMPORTANT: Please take my advice in the spirit it is given and on the basis that I am expressing my opinion, These opinions are not endorsed by CAG in anyway and are offered informally without prejudice or warranty of any kind. These opinions are solely based upon the knowledge I've gained from this fantastic site and life in general. I have NO legal training.
Any help and advice is offered in good faith, based solely on my own knowledge and on experience gathered from this site. I am not qualified to offer legal or financial advice, which you should seek from an expert before making any important decisions. My opinions are therefore offered without liability.
Re: Barclaycard using Mercers Debt Collection Ltd (who have "dormant accounts")e
I wasn't going to get into a state about this peculiar factoid, it's just that I was considering the possibility of easily obtaining material for Mr. Ton's Cheekiness thread, if only because Companies House's paraphrase of the Companies Act 1985/2006 [amusingly] states
"To remain dormant, a company cannot have paid employees because it would have to record their wages in the accounting records."
This HAS to be good for a laugh! If I should ever get a phone call from them, particularly as a certain bank is not permitted to give them my private number. "And you work for Mercer's, do you? And they PAY you?? Good grief!" (Thinks, must drop a line to Companies House about this!
Call me mischievous if you like ... but don't call me late for dinner.
LL
"Do just once what others say you cannot do, and you will never pay attention to their limitations again." - Arthur C. Clarke. "Thy word is a lamp unto my feet, and a light unto my path." - Psalms 119:105
Re: Barclaycard using Mercers Debt Collection Ltd (who have "dormant accounts")e
Originally Posted by the_shadow
that "DN" from Mercers... I'm not a gambling man but I bet they havent put the original creditors name and address on the "DN"
Well, of course not, er ... that would be the correct thing to do. And to save you vouchsafing further ... they don't know how to capitalize certain statutory paragraphs or post things off in a timely manner either, but there's no point in spending my time telling a complete waste of water that he/she is in error. I'm content to smile and ignore the thing almost completely. I have to be careful not to put a cup down on the letter until it's filed and that's all.
LL
"Do just once what others say you cannot do, and you will never pay attention to their limitations again." - Arthur C. Clarke. "Thy word is a lamp unto my feet, and a light unto my path." - Psalms 119:105
Re: Barclaycard using Mercers Debt Collection Ltd (who have "dormant accounts")e
I too would like to fire off a letter to them about all this. It'd make a satisfying change from the "bemused" letter. LampLighter? Any progress with your research?
Re: Barclaycard using Mercers Debt Collection Ltd (who have "dormant accounts")e
Hi Rycord
I recently had default notice from mercers, it says :
we act as agents for Barclays bank plc t/a barclaycard. Its dated 24th June and gives till 11th July for payment. I rang and made payment within this time and they refunded some of my charges, account back with B/CD now. On the back of the default letter it says if you act within the time limit then fine, but if you dont we may inform CRA to update your file.
My point is this if this was a default, then would they not have already filed it with CRA. So I dont think this can be a real default notice.
Re: Barclaycard using Mercers Debt Collection Ltd (who have "dormant accounts")e
Originally Posted by angmarie
Hi Rycord
I recently had default notice from mercers, it says :
we act as agents for Barclays bank plc t/a barclaycard. Its dated 24th June and gives till 11th July for payment. I rang and made payment within this time and they refunded some of my charges, account back with B/CD now. On the back of the default letter it says if you act within the time limit then fine, but if you dont we may inform CRA to update your file.
My point is this if this was a default, then would they not have already filed it with CRA. So I dont think this can be a real default notice.
Ang
If it says its a default notice served under s87 of the CCA then it is normally a valid default notice. You shouldnt confuse marking a default at a CRA and a default notice, they are not the same. The default notice identifies a breach of contract which if not fixed will result in the account being defaulted and at some point a default flag on your credit file. If you rectify the default by paying the amount required then the breach is fixed and you carry on as normal with the account.
IMPORTANT: Please take my advice in the spirit it is given and on the basis that I am expressing my opinion, These opinions are not endorsed by CAG in anyway and are offered informally without prejudice or warranty of any kind. These opinions are solely based upon the knowledge I've gained from this fantastic site and life in general. I have NO legal training.
Re: Barclaycard using Mercers Debt Collection Ltd (who have "dormant accounts")e
Shadow
I never knew that, I thought a default notice s87 was officially a default will be recorded against you. When I went to look online at my CRA it was not recorded. That will be why then.
Re: Barclaycard using Mercers Debt Collection Ltd (who have "dormant accounts")e
I was looking for an accurate address for Mercer debt collections because when I sent my last letter to them Special Delivery the woman at the Post office was unable to find the postcode. In my travels, I came across the following site: www.csa-uk.com/csa/members-list.php
Turns out to be quite useful since it shows that they are Barclaycard t/a, and also has addresses for all other debt collectors ...
Re: Barclaycard using Mercers Debt Collection Ltd (who have "dormant accounts")e
Mercers is flagged as dormant because Barclays Bank plc t/a Barclaycard want to reserve the name. Meanwhile they trade under it and it is a member of the CSA. It has staff who swear they pay them, so it must be alright then. I think it's simply a way of intimidating people who are in dispute with BC over something. Anything.
Their registered address in London (see below) can be found by the Royal Mail, someone there has signed for my letters to them. Some of which were slightly facetious but I don't think they took any notice.
MERCERS DEBT COLLECTIONS LIMITED
CITYPOINT
ONE ROPEMAKER STREET
LONDON
EC2Y 9SS
Of course, they will have to forward it to wherever they work, Northampton or Liverpool, it makes no odds to me, I don't really take any notice of them. Which is boring, but see the cheekiness to a DCA thread in the bear garden for a good example of how to deal with them. heh heh
"Do just once what others say you cannot do, and you will never pay attention to their limitations again." - Arthur C. Clarke. "Thy word is a lamp unto my feet, and a light unto my path." - Psalms 119:105
Here is the result of a search of the OFT Consumer Credit Register for Mercers debt Collections Ltd: Public Register
Application / Licence Details
Licence Number: 0511950
Licence Status:Current
Current Applicant / Licensee:
Business Name Company Registration Number Mercers Debt Collections Limited 2550639
Categories: Credit brokerage
Debt adjusting/counselling
Debt collecting
Right To Canvass Off Trade Premises:Yes Trading Name(s) (Current):
Calder Financial
Issued Date: 23-Nov-2001
Expiry Date: 21-Dec-2011
Legal Formation:
Body Corporate (incorporated inside UK) Current Individuals that run the organisation:
Name Position Lynne Karen Dineen
Tracy Lynn Cunningham
Zara Jade Woods
Historic Individuals that run the organisation:
Adam Pfeil OFFICER, Christopher Ross Fisher OFFICER,Deborah Joanne Bulcock OFFICER,Michael Anthony King OFFICER, Michael Chi Liu,Paul McLoughlin OFFICER,Richard Michael Williams OFFICER,Sheila Marie Carr OFFICER, Susan Anne Strahan OFFICER Current Organisations that run the organisation:
Barcosec Limited OFFICER
Nature of Business: Debt Collection Current Address(es):
Address Type Address Correspondence: Barclays Corporate Secretariat, Level 29, 1 Churchill Place, Canary Wharf, London, E14 5HP
Historic Address(es):
Address Type Address
Correspondence Group Corporate Secretariat 54, Lombard Street, London, EC3P 3AH Principal Place Of Business 21, Holborn Viaduct, London, EC1A 2DY
Principal Place Of Business 54, Lombard Street, London, EC3P 3AH
Registered Office Granite House, 97/101 Cannon Street, London, EC4N 5AD
Name & Registered Office: MERCERS DEBT COLLECTIONS LIMITED
CITYPOINT
ONE ROPEMAKER STREET
LONDON
EC2Y 9SS
Company No. 02550639
Status: Active
Date of Incorporation: 22/10/1990
Country of Origin: United Kingdom
Company Type: Private Limited Company
Nature of Business (SIC(03)): 7499 - Non-trading company
Accounting Reference Date: 31/12 Last Accounts Made Up To: 31/12/2008 (DORMANT)
Next Accounts Due: 30/09/2010
Last Return Made Up To: 01/01/2010
Next Return Due: 29/01/2011
Last Members List: 01/01/2010 Previous Names:
Date of change Previous Name 10/07/1991 BARSHELFCO (NO.49) LIMITED UK Establishment Details
There are no UK Establishments associated with this company.
Oversea Company Info
There are no Oversea Details associated with this company.
………………………………………………………………… .
Name & Registered Office: BARCOSEC LIMITED
1 CHURCHILL PLACE
LONDON
E14 5HP
Company No. 02223143 Status: Active
Date of Incorporation: 19/02/1988
Country of Origin: United Kingdom
Company Type: Private Limited Company
Nature of Business (SIC(03)):
7499 - Non-trading company
Accounting Reference Date: 31/12 Last Accounts Made Up To: 31/12/2008 (DORMANT)
Next Accounts Due: 30/09/2010
Last Return Made Up To: 01/01/2010
Next Return Due: 29/01/2011
Last Members List: 01/01/2010 Previous Names:
Date of change Previous Name 23/07/1996 BARCLAYS LEAGUE LIMITED
07/12/1995 BARCLAYS LEAGUE LIMITED
02/01/1996 BZW BARCLAYS GLOBAL INVESTORS LIMITED
Re: Barclaycard using Mercers Debt Collection Ltd (who have "dormant accounts")e
Be under no illusions about this, Mercers are part of Barclays Bank plc. As are Calders, they are the next level of Barclays thuggery when Mercers fail (as they usually do with caggers). If you get a any communication from Calders take a look at the tiny print at the bottom of the page where they admit to being part of Mercers. We have complained to Companies House about the trading of this dormant company and were told that they are in fact under investigation for breaches of the regulations. Read the Companies House guidelines on dormant companies under the Companies Act 2006 andf you will find that the directors of Mercers HAVE committed criminal offences. with regard to failures in the accounts filed.
Unfortunately as with many things in the UK if you break the law on a big enough scale you are allowed to get awy with it.
Barclaycard using Mercers Debt Collection Ltd (who have "dormant accounts")e
Bank Plc do you think the company should do business with a company whose accounts type is as stated above.
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Originally Posted by FANTASY CHARGES
Re: Barclaycard using Mercers Debt Collection Ltd (who have "dormant accounts")e
