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Windywoo

BOS asset finance on car, DN question please.

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My husband has asset finance with BOS for his car, and over the last few months he has fallen behind with the payments.

 

They have not issued him with a default notice - yet, but what I would like to check is, if a potential DN he may receive from them contains their outrageous penalty charges eg £25 per letter, would this render any default notice defective? I know this is the case with just about everything else, I need confirmation just in case!:)

 

Thankyou all.:)

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I've just received the most unprofessional letter from a company calling themselves Crystal Collection Ltd - it's so bad, it makes you laugh!!

 

The letter says: Would you please contact the sender of this letter as a matter of urgency on blah blah, to discuss the above agreement.

 

Now, I have a copy of the agreement they are referring to, (a complete cock up as the figures do not add up!!) the account numbers are completely different, although the vehicle is the same, so I shall do a CCA request as I have no knowledge of the agreement number they are talking about!!

 

A couple of other things. This account is in arrears, no fault of our own, just how things are business wise at the moment. The five year agreement is due to end in Jan next year, so not long to go, and as as a consequence we've paid more a third - so presumably they can't just come along and take the vehicle without a court order - we won't voluntarily terminate! The other thing is, we will be paying this off in full within the next month, so basically all I'm doing is fending them off.

 

The vehicle is financed via BOS Asset Finance, with GAP which I understand is non cancellable. The account must have numerous charges, as they were charging 25 quid for a letter - so I will SAR them and claim them all back, it must run into hundreds £'s!!

 

Has anybody else heard of this company - I've searched the forum and only found one thread. They are that thick, they don't know when you know who you are writing to, you end the letter "sincerely", there is no company reference number, and they surely they must have a CC licence, again, there's nothing on the letter. Should I complain to OFT??

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I haven't ever heard of this company before, but I've posted this letter on another forum, but thought it could be appropriate here.

 

Just look at the letter head - where is the company registration number, and if they are a DCA, where is their CCA licence number???!!!:eek:

 

 

 

img035-1.jpg

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As I've already said, I know what it's about, but that's for another forum. Surely their correspondence should display their licence numbers - that's assuming they have any!!

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corrrrrr flashy letterhead NOT done an inkjet printer by the looks

 

just doing a company search on them now 4 U

 

Kip

 

comes back as

 

International Legal Network

 

 

08448460600

5b Bernard Road,

ROMFORD,

RM7 0HX

 

wainting for full details

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Their contact address above is different to their registered address.

Company Profile Report (CPR)

 

Commercial Debt Management

Company Name: CRYSTAL COLLECTIONS LIMITED

 

 

 

 

Previous Name(s): NO PREVIOUS NAME HAS BEEN RECORDED DURING THE LAST 20 YEARS

 

Registered Number: 03344014

 

Registered Office: DEVON HOUSE

CHURCH HILL

LONDON

N21 1LE

 

Incorporation Date: 02/04/1997

 

Country Of Origin: United Kingdom

Company Type: Private Limited Company

 

Accounting Reference Date: 30/04

Last Accounts Made Up To: 30/04/2009

Next Accounts Due: 31/01/2011

 

Last Annual Return: 02/04/2010

Next Annual Return Due: 30/04/2011

 

Company Status: Active

Type of Accounts: TOTAL EXEMPTION SMALL Accounts

 

Nature Of Business: 7487 - Other business activities

 

 

Filing History

 

 

28/04/2010 02/04/10 FULL LIST

28/04/10 STATEMENT OF CAPITAL;GBP 2

28/01/2010 30/04/09 TOTAL EXEMPTION SMALL

30/04/2009 RETURN MADE UP TO 02/04/09; FULL LIST OF MEMBERS

17/02/2009 30/04/08 TOTAL EXEMPTION SMALL

22/05/2008 REGISTERED OFFICE CHANGED ON 22/05/08 FROM:

GISTERED OFFICE CHANGED ON 22/05/2008 FROM

314 REGENTS PARK ROAD

FINCHLEY

LONDON

N3 2LT

15/05/2008 RETURN MADE UP TO 02/04/08; FULL LIST OF MEMBERS

17/12/2007 TOTAL EXEMPTION SMALL ACCOUNTS MADE UP TO 30/04/07

04/06/2007 RETURN MADE UP TO 02/04/07; FULL LIST OF MEMBERS

12/01/2007 TOTAL EXEMPTION SMALL ACCOUNTS MADE UP TO 30/04/06

16/05/2006 RETURN MADE UP TO 02/04/06; FULL LIST OF MEMBERS

16/11/2005 TOTAL EXEMPTION SMALL ACCOUNTS MADE UP TO 30/04/05

06/05/2005 RETURN MADE UP TO 02/04/05; FULL LIST OF MEMBERS

15/10/2004 TOTAL EXEMPTION SMALL ACCOUNTS MADE UP TO 30/04/04

23/04/2004 RETURN MADE UP TO 02/04/04; FULL LIST OF MEMBERS

SECRETARY'S PARTICULARS CHANGED;DIRECTOR'S PARTICULARS CHANGED

21/11/2003 TOTAL EXEMPTION SMALL ACCOUNTS MADE UP TO 30/04/03

05/04/2003 RETURN MADE UP TO 02/04/03; FULL LIST OF MEMBERS

SECRETARY'S PARTICULARS CHANGED;DIRECTOR'S PARTICULARS CHANGED

08/10/2002 TOTAL EXEMPTION SMALL ACCOUNTS MADE UP TO 30/04/02

10/04/2002 RETURN MADE UP TO 02/04/02; FULL LIST OF MEMBERS

SECRETARY'S PARTICULARS CHANGED;DIRECTOR'S PARTICULARS CHANGED

20/02/2002 TOTAL EXEMPTION SMALL ACCOUNTS MADE UP TO 30/04/01

22/05/2001 ACCOUNTS FOR 'SMALL' CO. MADE UP TO 30/04/00

15/05/2001 RETURN MADE UP TO 02/04/01; FULL LIST OF MEMBERS

09/12/2000 PARTICULARS OF MORTGAGE/CHARGE

14/04/2000 RETURN MADE UP TO 02/04/00; FULL LIST OF MEMBERS

05/03/2000 ACCOUNTS FOR 'SMALL' CO. MADE UP TO 30/04/99

28/04/1999 RETURN MADE UP TO 02/04/99; NO CHANGE OF MEMBERS

23/03/1999 ACCOUNTS FOR 'SMALL' CO. MADE UP TO 30/04/98

03/07/1998 RETURN MADE UP TO 02/04/98; FULL LIST OF MEMBERS

20/08/1997 REGISTERED OFFICE CHANGED ON 20/08/97 FROM:

G OFFICE CHANGED 20/08/97

61 HIGH STREET

ROMFORD

ESSEX RM11 3LA

09/05/1997 REGISTERED OFFICE CHANGED ON 09/05/97 FROM:

G OFFICE CHANGED 09/05/97

372 OLD STREET

LONDON

EC1V 9LT

09/05/1997 NEW DIRECTOR APPOINTED

09/05/1997 NEW SECRETARY APPOINTED

09/05/1997 DIRECTOR RESIGNED

09/05/1997 SECRETARY RESIGNED

02/04/1997 INCORPORATION DOCUMENTS

CERTIFICATE OF INCORPORATION

STATEMENT OF DIRECTORS & REGISTERED OFFICE

DECLARATION OF COMPLIANCE

MEMORANDUM OF ASSOCIATION

ARTICLES OF ASSOCIATION

 

 

Mortgages

 

No. Mortgage Charges: 1

Mortgage Charges Outstanding: 1

Mortgage Charges Part Satisfied: 0

Mortgage Charges Satisfied: 0

 

 

Charge No: 1

Creation Date: 04/12/2000

Registered: 09/12/2000

Satisfied: Outstanding

Description: DEBENTURE

Person(s) Entitled To Charge: HSBC BANK PLC

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snapshop of the first page etc , I have the other details etc

Company Name

CRYSTAL COLLECTIONS LIMITED Company Number 03344014

Registered Address

DEVON HOUSE CHURCH HILL Trading Address 314 Regents Park Road

Finchley

London

N3 2LT

LONDON

N21 1LE

View More

Website Address

-

Telephone Number Fax Number

TPS

Yes FPS No

Incorporation Date

02/04/1997 Company Status Active - Accounts Filed

Previous Name Type

Private limited with Share Capital

Filing Date of Accounts

27/01/2010

Date of Change

- Share Capital £2

Sic Code

7487 Currency GBP

Sic Description

OTHER BUSINESS ACTIVITIES

Principal Activity

Credit Rating & Limit

Commentary

Last 3 Years Credit Rating/Limit

58

Todays Rating [0-100] 58 Previous Rating [0-100] 9

Todays Limit

£20,000 Previous Limit £0

view rating / limit history

No exact match CCJs are recorded against the company.

The company's credit rating has increased from 9 to 58 which indicates good creditworthiness.

There is insufficient data to indicate a change in this companies percentage of sales.

In the previous 12 month trading period Net Worth increased by 8.2%.

A 35.4% growth in Total Assets occurred in the previous 12 month trading period.

There is insufficient data to indicate a change in this companies pre-tax profit.

The company saw an increase in their Cash Balance of 19.9% in the previous 12 month trading period.

The company is exempt from audit.

No recent changes in directorship are recorded.

The company is not part of a group.

The positive change in the P&L Account Reserve suggests that the company made a profit after tax and other appropriations.

The company has changed its registered address recently.

The company was established over 12 years ago.

Date Rating

Edited by kiptower

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with a bos you are best hiding the car as soon as you can your ca and a bos are two differant contracts. so hide the car.

 

also the company you have listed you need to do a check on with oft to see if they have a credit licence. the company you have listed is not on company house (bells ringing)

 

 

Name & Registered Office:

CRYSTAL COLLECTIONS LIMITED

DEVON HOUSE

CHURCH HILL

LONDON

N21 1LE

Company No. 03344014

 

 

spacer.gifspacer.gifspacer.gifspacer.gifStatus: Active

Date of Incorporation: 02/04/1997

 

Country of Origin: United Kingdom

Company Type: Private Limited Company

Nature of Business (SIC(03)):

7487 - Other business activities

Accounting Reference Date: 30/04

Last Accounts Made Up To: 30/04/2009 (TOTAL EXEMPTION SMALL)

Next Accounts Due: 31/01/2011

Last Return Made Up To: 02/04/2010

Next Return Due: 30/04/2011

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Their website says they are members of the CSA, surely they would have a CC licence, wouldn't they? I can't find it on OFT website!

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So are you saying that they've changed the agreement number to one of their own?

 

BTW, can't find their credit licence number.

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So are you saying that they've changed the agreement number to one of their own?

 

BTW, can't find their credit licence number.

 

 

Hi just done a check on the phone numbers and it comes back as a recovery company hide your car today. you need to see a solicitor but your main thing is hide the car. it looks like your finace company have acted on the bos side of your hp. if they get your car you will lose everything to come.

 

Crystal Collections - Secured Asset Repossessions

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Just for clarification Bank of Scotland are the finance company, the finance was taken out with them direct.

 

As far as the repo is concerned, and from reading around the forum, I would have assumed that I would have had a notice from the courts - I haven't. In order for them to make a bona fide reposession, then, if and when they attended my property, they would have to produce a court document, or would they chance their arm that there would be nobody at home!! Or have I got this all wrong???

 

Right, just read the agreement: Repossession: Your Rights.

 

"If you do not keep up to your side of the agreement but you have paid at least a third of the total amount under the agreement (we have), we may not take back the goods against your wishes unless we get a court order"

 

Right, so panic over - I'm at home 99.9% of the time, so if anybody does turn up, they can sling their hook!!

Edited by Windywoo

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Just for clarification Bank of Scotland are the finance company, the finance was taken out with them direct.

 

As far as the repo is concerned, and from reading around the forum, I would have assumed that I would have had a notice from the courts - I haven't. In order for them to make a bona fide reposession, then, if and when they attended my property, they would have to produce a court document, or would they chance their arm that there would be nobody at home!! Or have I got this all wrong???

 

 

the royal bank of scotland do not issue bill of sales. did you get a lone from rbs direct (go into a bank)

 

you have had a contact letter from crystal. give them a call see what they say. but i would hide the car. you need to look at bill of sale. dont think you have rights (you do) but a repo company will take and you will have a bigger fight later. your car could go at 2am in the morning or next time you go shopping. you do need to hide the car TODAY.

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the royal bank of scotland do not issue bill of sales. did you get a lone from rbs direct (go into a bank)

 

you have had a contact letter from crystal. give them a call see what they say. but i would hide the car. you need to look at bill of sale. dont think you have rights (you do) but a repo company will take and you will have a bigger fight later. your car could go at 2am in the morning or next time you go shopping. you do need to hide the car TODAY.

 

You have misconstrued the OP's original post. There is no bill of sale, BOS stands for Bank of Scotland in this case so is a standard credit case, not a bill of sale case.

 

Also royal bank of scotland are completely different to bank of scotland!!!!!

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Sorry CCTV, but I think we are talking at crossed purposes, it's not a bill of sale agreement, it's an HP agreement, I have it here in front of me! I think we were slightly confused with BOS - it's Bank of Scotland!!lol

 

It clearly states that they need a court order to repossess - so not going to worry too much at the moment. Thanks for your advice anyway.

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Sorry CCTV, but I think we are talking at crossed purposes, it's not a bill of sale agreement, it's an HP agreement, I have it here in front of me! I think we were slightly confused with BOS - it's Bank of Scotland!!lol

 

It clearly states that they need a court order to repossess - so not going to worry too much at the moment. Thanks for your advice anyway.

 

 

yes confused sorry. so this is a company loan BOS Asset Finance. £50.000 and above ??? . you still need to hide car. dont wait for a court order.

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yes confused sorry. so this is a company loan BOS Asset Finance. £50.000 and above ??? . you still need to hide car. dont wait for a court order.

 

Haha, I wish, and no not a company loan - it's just plain old HP. If a court order materialises, I'll ask for time to pay, you never know, it might be less than we are paying at the moment.

 

Have sent off CCA request to Crystal, and SAR to Bank of Scotland, that should stall them for a while.

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Haha, I wish, and no not a company loan - it's just plain old HP. If a court order materialises, I'll ask for time to pay, you never know, it might be less than we are paying at the moment.

 

Have sent off CCA request to Crystal, and SAR to Bank of Scotland, that should stall them for a while.

 

 

in your post you said a asset finance. is it asset.

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This could be the one you are looking for.....

 

 

Licence Number:0424717Licence Status:Historic

Current Applicant / Licensee:

Name

David Michael Hope

 

Categories:

Consumer credit

Consumer hire

Credit brokerage

Credit reference agency

Debt adjusting/counselling

Debt collecting

 

Right To Canvass Off Trade Premises:Yes

Trading Name(s) (Current):

Crystal Collections

 

Trading Name(s) (Historic):

Total Investigations

 

Issued Date: 06-Apr-1997

Legal Formation:

Sole Trader

 

Current Address(es):

Address Type Address

Principal Place Of Business 61, High Street, Romford, Essex, RM11 3LA

 

Historic Address(es):

Address Type Address

Principal Place Of Business Unit 17, Brook Road Industrial Centre, Rayleigh, Essex, SS6 7XL

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if their letter doesn't have their registered office and/or reg number, send a copy (with sensitive details removed) to enquiries@companies-house.gov.uk

marked for the attention of the Technical Offences Team. State you believe it breaches the Companies (Trading Disclosure) Regulations, and ask them to take action

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