HFO Services - Company House info

[UK26]

Ccl?

[onecall1]

Sorry.........Consumer credit licence

[UK26]

That is what i thought you meant but not was not 100% sure

 

 

Licence No: 555914 - will see if i can find a copy

Sorry.........Consumer credit licence

[UK26]

here it is

 

 

Application / Licence Details

Licence Number:0555914

Licence Status:Current

Current Applicant / Licensee:

Business Name Company Registration Number

 

HFO Services Limited 05120067

Categories:

 

Consumer credit

Consumer hire

Credit brokerage

Credit reference agency

Debt Adjusting/Counselling

Debt collecting

Right To Canvass Off Trade Premises:No

 

Trading Name(s) (Historic):

HFO Services Limited

HFO Group

Roxburghe

HFO Capital

HFO Capital

 

Issued Date: 26-Sep-2004 Expiry Date: 25-Sep-2009

Legal Formation:

Body Corporate (incorporated inside UK)

Current Individuals that run the organisation:

Name Position

 

Badri Nathan OFFICER

Kevin Stuart Harper OFFICER

Historic Individuals that run the organisation:

Name Position

Bardi Nathan OFFICER

Nature of Business:

Debt Collection

 

Current Address(es):

Address Type Address

Correspondence Roxburghe House, Lavender Park Road, West Byfleet, Surrey, KT14 6NA

 

Principal Place Of Business Roxburghe House, Lavender Park Road, West Byfleet, Surrey, KT14 6NA

 

Registered Office 4, Carlton Gardens, London, SW17 5AA

 

Historic Address(es):

Address Type Address

Principal Place Of Business 1, Copsem Lane, Esher, Surrey, KT10 9EU

 

Principal Place Of Business Grafton House 28-32, Grafton Road, New Malden, Surrey, KT3 0AA

 

Principal Place Of Business Grafton House, 28-32 Grafton Road, New Malden, Surrey, KT3 0AA

 

Registered Office ., Carlton Gardens, London, SW17 5AA

Registered Office 1, Copsem Lane, Esher, Surrey, KT10 9EU

Registered Office 4, Carlton Gardens, ., London, ., SW17 5AA

Registered Office 4, Carlton Gardens, London, SW17 5AA

Registered Office 4, Carlton Square, London, SW17 5AA

 

[Rhia]

Some of these coud be "virtual offices" i.e. they don't really exist.

Have just been digging around Cayman Islands and offshore stuff. The islands have been in trouble due to allowing drug dealing and money laundering on their teritory.

It seems it is cvirtually impossible to sue any of these Cayman businesses and the reason HFO will have set up their to accept receivables (debts) is there is no tax to be paid at all..ever.

So OCs sell to HFO Cayman and don't pay any VAT to the UK. What happens next? I doubt they are properly assigned to UK they just use the Lavender Hill mob and Turnbul eejits to collect. This is the big question is their action lawful? Do they pay taxes in what they receive or is it simply any debt collected in the UK go straight back to the Cayman Islands and no tax again.

P.S. Just a thought but if they can't be sued in the CI then no-one in the CI can sue here. I know they need an address for service of papers so they're covered from that point of view.

Edited September 21, 2008 by Rhia
add ps

[mr.ton]

Well the more people are made aware that they dont have to pay these rogues 1 penny will mean less money making its way to the criminal Islands

[onecall1]

No HFO Services there. I notice that it states they have no right to canvass off trade premises therefore if they pay a visit to anyone or threaten to do so they are in breach of their licence. My understanding is that they are already breaking the law by not advising the office of fair trading of the new directorship and business address.

 

Had to chuckle about the debt counselling.......what a joke. Will let the OFT know their licence needs updating

[onecall1]

Perhaps its all just a ruse for drug trafficking! Nothing would surprise me. Might tip the wink to customs and excise!

[onecall1]

Another thought for you. I have just come across the CCL number for HFO Capital Limited (unincorporated in the UK)??? 572489 What is going on there...any idea's?

[UK26]

Have no credit info on HFO Capital

 

They do have 2 Consumer Credit Licences

 

 

 

 

0572489 HFO Capital Limited Current

0614989 HFO Capital Limited Current DUBLIN 2

 

 

Another thought for you. I have just come across the CCL number for HFO Capital Limited (unincorporated in the UK)??? 572489 What is going on there...any idea's?

[UK26]

some more people to look into -

 

are all the Nathan family criminals?

 

Alasdair John Turnbull

Hind Aladwani

Jonathan Nicholas Woolf

Kevin Stuart Harper

William Horgan

Vasantha Nathan

Badri Nathan

Tara Nathan

 

 

 

HFO Capital Limited 446327

Categories:

Consumer credit

Consumer hire

Credit brokerage

Credit reference agency

Debt Adjusting/Counselling

Debt collecting

Right To Canvass Off Trade Premises:Yes

Issued Date: 26-Mar-2008 Expiry Date: 26-Mar-2013

Legal Formation:

Body Corporate (incorporated inside UK)

Principal Place Of BusinessRiverside, Two, Sir John Rogerson's Quay, Dublin, DUBLIN 2, Ireland

 

 

 

Principal Place Of Business Grafton House 28-32, Grafton Road, New Malden, Surrey, KT3 0AA

 

Registered Office 4, Carlton Gardens, London, SW17 5AA

Edited September 21, 2008 by UK26

[fiftypence]

No HFO Services there. I notice that it states they have no right to canvass off trade premises therefore if they pay a visit to anyone or threaten to do so they are in breach of their licence.

 

SNIP

 

Had to chuckle about the debt counselling.......what a joke. Will let the OFT know their licence needs updating

 

I think it actually means they can't cold call on businesses or visit businesses without an appointment, but they should still be able to make personal home visits legally - unless you put a nice brass plaque next to your front door with Registered Office of ABC Limited on it :grin:

[Rhia]

AH Dublin...that's what Cabot was up to with MBNA...Dublin is offshore and covered by Irish law.

[Bluefairy]

Hi Chaps

 

If Alisadair Turnbull is a director of HFO - does that not make it a conflict of interest for Turnbull Rutherford to represent them?

 

Love blue

[DonkeyB]

You'd like to think so!

 

The new HFO Capital Ltd is based in Dublin as Ireland does not tax overseas earnings, ie. money made in UK.

[Rhia]

It's still offshore.

[patrickq1]

Unincorporated associations

 

Unincorporated association status is usually chosen when a number of individuals agree or "contract" to come together for a common purpose - which may be of a social nature.

How unincorporated associations operate

 

Unincorporated associations are run informally. They are relatively straightforward and cost nothing to set up. They make their own rules for running the organisation and set these down in a democratic constitution. A management committee is elected to run the organisation on behalf of the members.

Unincorporated associations do not need to register with or be regulated by either Companies Registry or the Financial Services Authority. They enjoy greater freedom of operation than a company. For example, they don't have to submit annual returns.

If an unincorporated association has charitable objects (or aims), it can apply to the Charity Commission for charitable status. Upon approval it will have to comply with the Commission 's regulations. Read about setting up a charity from the Voluntary and Community Unit on the Department for Social Development website - Opens in a new window.

Unincorporated associations may also have trading or business objectives or carry on commercial activities.

Although an unincorporated association cannot own property, it may be able to set up a trust to legally hold ownership of property and assets for the community they are intended to benefit. See the page in this guide on trusts.

Personal risk

 

Unincorporated associations have no separate legal identity. This means that their members will have to sign loans and contracts as individuals and carry the risk of personal liability.

This form is unlikely to offer a long-term solution if you intend to sign contracts or expand the enterprise. You should consider incorporation if you intend to:

• take on employees
  
• raise finance, apply for grants or open bank accounts
  
• issue shares
  
• enter into large contracts
  
• take on a lease or buy freehold property
  

This should help you to gain access to a wide range of financing sources that will not put your personal assets at risk.

[patrickq1]

Unincorporated associations have no separate legal identity. This means that their members will have to sign loans and contracts as individuals and carry the risk of personal liability.

so their you have it they are personally liable,so if they have debts already in there name they can now be sued under their own name and then be struck off from holding a directorship or having any associations with either ......i think sawer has a debt enforcement order against the company HFO not sure on that until we see SAWER come back to this thread

patrickq1

[patrickq1]

i posted this in january 10/2008...so every one should make there complaints head on about the whole organisation HFO and turnbull and rachet

perhaps then we may at last get a judgement against them... just not enough people complaining about hfo as this letter i got today explains

 

Consumer Credit Act 1974 ('The Act')

Complaint Against: HFO Services Limited

Licence No: 555914

 

Thank you for your email received on 17 December 2007, regarding the problems you have been experiencing with the above trader.

 

We are always interested to receive complaints such as yours as they are a vital source of information in helping us to investigate the behaviour of traders that hold consumer credit licences. The trader you have complained about does hold a consumer credit licence.

 

If a business wishes to be involved in activities relating to consumer credit or hire, including debt collection, they must have a consumer credit licence. The Office of Fair Trading (OFT) has a duty to monitor the fitness of all traders that hold a consumer credit licence. In considering fitness, we take into account whether a business has engaged in unfair business practices. This includes any evidence that traders have not complied with any guidance issued by the OFT. The OFT has, for example, issued guidance to consumer credit licence holders engaged in the debt collection industry. The guidance sets out minimum standards that we expect of debt collection traders, consistent with fitness to hold a consumer credit licence. The guidance is intended to ensure that debt collectors treat debtors fairly. Non-compliance with this guidance will call into question the fitness of licence holders and applicants.

 

We investigate all complaints received about consumer credit licence holders and, where we have the necessary evidence, we do take appropriate action. In our initial investigation of all complaints we consider how many complaints we have received overall and how strong the evidence is to support any action. It is unlikely that a licence would be revoked on the strength of one complaint. Where we have strong evidence that unfair business practices have occurred, we may take steps to revoke or refuse the licence of the business in question. However, if we are to do this we need to take account of factors such as the number of complaints received how recent they are and how well evidenced. In cases where evidence is less strong we may issue a warning letter to the business putting it on notice that its behaviour, if repeated, will call their fitness to hold a licence into question. Any action we do take has to be proportionate. If an approach from the OFT makes a trader change its behaviour and treat consumers fairly in future, this is preferable to putting a trader out of business.

 

If we do take any licensing action against this trader it is likely that we would need to disclose your identity to this trader along with details of your complaint. I should therefore be grateful if you would provide me with written authorisation to disclose these details to the trader. I have enclosed a disclosure consent form for you to sign and return to me.

 

We have noted the details of your complaint, to consider alongside any other complaints we have received with a view to any licensing action we may decide to take. We may therefore contact you again if we require further information. Meanwhile, given that the sanction of licence refusal or revocation is such a significant one there are constraints built into the process for taking such action. For example, because of restrictions in Part 9 of the Enterprise Act 2002 relating to disclosure of information, we cannot disclose specific details about any action we may take, nor comment on any adverse information we hold on individual licence holders.

 

Unfortunately the OFT has no power to intervene in individual disputes, and therefore we are unable to assist you directly in this matter. However, you will be able to obtain practical advice by contacting Consumer Direct either by telephone (08454 04 05 06) or online at www.consumerdirect.gov.uk.

 

Consumer Direct is the first point of call for consumers, providing first tier advice on a range of consumer matters, including advice on shopping, information on consumer rights and practical guidance on individual problems and how to gain redress. Where further help is needed, such as specialist advice, face-to-face assistance, or intervention, Consumer Direct refers consumers to another agency, such as Trading Standards Service, that is best placed to assist.

 

Furthermore, the Financial Ombudsman Service ('FoS') can help with most complaints about consumer-credit products and services if the consumer has failed to satisfactorily resolve the matter directly with the financial institution itself. The FoS can be contacted at:-

 

The Financial Ombudsman Service

South Quay Plaza

183 Marsh Wall

London E14 9SR

Tel: - 0845 080 1800

 

www.financial-ombudsman.org.uk

 

I have also enclosed details of organisations which may be able to assist you. Thank you again for writing to us and bringing this matter to our attention.

 

Yours sincerely

 

 

Miss Jo Kwok

Enquiries and Preliminary Investigations Centre

Markets and Projects

Permission To Disclose Complaint

 

Consumer Credit Act 1974 ('the Act')

Complaint Against: HFO Services Limited

Licence No: 555914

 

Reference: Epic/Enq/E/22497

 

*Please delete as appropriate

 

I give/do not give* my consent for the Office of Fair Trading (OFT) to disclose details of my complaint concerning the above trader, including my name and address details, in any further action that it may take under the Act or under any other legislation administered by the OFT.

 

I also confirm that I have no objections/object* to the OFT using the information provided by me in the performance of any of its functions and disclosing that information to others where legally permissible. By way of example, the OFT may disclose such information in connection with enforcement or regulatory action under its own powers or may refer the information to another government department or enforcement authority.

 

Signed: …………………………………………………… …………… ……………………

 

Print name: …………………………………………………… …………… ……………..

 

Address (Please print): …………………………………………………… …………… …

…………………………………………………… …………… ………………….

…………………………………………………… …………… ………………….

…………………………………………………… …………… ………………….

…………………………………………………… …………… ………………….

Date: …………………………………………………… …………… ……………..

 

Please note the OFT can only use your details in any action we may take against the above trader if you give your written permission for us to do so.

 

 

 

 

Additional contact details

 

In the event of the OFT needing to contact you for further information, it would be helpful if you could provide the following contact details. Please note these further details will not be disclosed to the trader.

 

Telephone number: (Home)……………………………(Mobile) ……………………….

 

Preferred time of contact by telephone: ……………………………………………….

 

E-mail address: …………………………………………………… …………… …………..

[patrickq1]

so it must be checked out does the unincorporated company have a consumer credit licence in its name if not then they cannot trade within the rules of the consumer credit licence ?

patrickq1

[miffedpuppy]

Having just checked with the OFT, the failure to notify the OFT of the change in directors to HFO company no 05120067 renders their CCL invalid and they are trading illegally.

 

If the company report is still valid (graydons 05/08/08) the OFT have had no notification of a change in officers.

 

The OFT consider this to be a serious breach to the regulations and as such they stated that it is illegal for a company to trade under its credit license (0555914) whilst this continues.

 

Hmm me thinks a world of hurt is on the way.

[patrickq1]

well done miffed

patrickq1