ARP Enforcement Services Ltd

Business Services

Funds Requested

£25,000.00

Offered so far

£0.00

Loan term

48 MONTHS

Auction Closed

2014-05-01

Thank you for stopping by...
This loan is now passed its deadline, lender funds will soon be released.

About the Business

Company Name: ARP Enforcement Services Ltd Company Number: 07497185
Business Type: Business Services Years Trading: 4-5 years
Business Location: Huddersfield

About the Risk

Risk rating

A

Default rate

7.00%

Bad debt rate

9.69%

About the Security

Security Offered:

1st Charge Residential Property

Est. Equity: 0.00

All Assets Debenture

Est. Equity: 0.00

Risk Indicators Identified:

Important Files

Who are we?

ARP Enforcement Services Ltd trade as Julious Bailiffs.

Anthony Pycroft is the Managing Director, Anthony started out in debt recovery in 2002. Passionate about customer care. The image of the industry is a poor one and he has said this something at Julious he is proud to be changing.

Julious Bailiffs was originally set up by Margaret Ann Julious in Nottingham in 1978. Margaret then went on to become the first female president of the Enforcement Services Association now CIVEA. We now operate from our head offices in Castleford, West Yorkshire, along with satellite offices in Kent and the West Midlands.

We cut our teeth in the turbulent days of the community charge and consolidated and grew our business steadily through the 90s and the last decade. We draw upon that experience of working with a wide range of clients, knowing what they need and of helping debtors to move forward too.

We now work in partnership with local councils assisting with the collection of unpaid Council Tax, Business rates and Parking Fines as well as taking on additional bespoke contracts.

Our Website is http://www.juliousbailiffs.co.uk

Read more

Loan Offers

What is the loan for?

As we are increasing our contracts with various local authorities, we have a requirement to recruit and train new staff. it is important that in this industry we recruit appropriate persons and invest in training to ensure we build upon our reputation and core values. Therefore this money will be used to assist in the costs of recruitment and training.

Why consider investing?

The business is growing and increasing in profitability and turnover. We have never defaulted, and have no intention of doing so on the basis that due to the nature of our business and adverse credit would be frowned upon and jeopardise our license. Current economical conditions will only increase business and profitability. The fact that most of our contracts are Local Authority Contracts we can maintain a steady cash flow and not have any bad debt issues.

Security

This loan is to be secured against a Director's Personal Guarantee and a 2nd priority All Assets Debenture behind the current Debenture for the Company's overdraft held by RBS

The Directors has an estimate net worth of £42k. The director owns a property worth approx. £86k, and has equity in the property of £33k . No charge will be placed on the property.

DateAmountCapitalInterestReceived
02/06/2014£678.03£394.91£283.12
03/07/2014£678.03£399.38£278.65
02/08/2014£678.03£403.90£274.13
02/09/2014£678.03£408.48£269.55
03/10/2014£678.03£413.10£264.93
02/11/2014£678.03£417.78£260.25
02/12/2014£678.03£422.51£255.52
02/01/2015£678.03£427.30£250.73
02/02/2015£678.03£432.14£245.89
05/03/2015£437.03£437.03£0.00
02/04/2015£441.98£441.98£0.00
03/05/2015£446.98£446.98£0.00
02/06/2015£452.05£452.05£0.00
03/07/2015£457.17£457.17£0.00
02/08/2015£462.34£462.34£0.00
02/09/2015£467.58£467.58£0.00
03/10/2015£472.87£472.87£0.00
02/11/2015£478.23£478.23£0.00
03/12/2015£483.65£483.65£0.00
02/01/2016£489.12£489.12£0.00
02/02/2016£494.66£494.66£0.00
04/03/2016£500.26£500.26£0.00
02/04/2016£505.93£505.93£0.00
03/05/2016£511.66£511.66£0.00
02/06/2016£517.45£517.45£0.00
03/07/2016£523.31£523.31£0.00
02/08/2016£529.24£529.24£0.00
02/09/2016£535.23£535.23£0.00
03/10/2016£541.30£541.30£0.00
02/11/2016£547.43£547.43£0.00
03/12/2016£553.63£553.63£0.00
02/01/2017£559.90£559.90£0.00
02/02/2017£566.24£566.24£0.00
05/03/2017£572.65£572.65£0.00
02/04/2017£579.13£579.13£0.00
03/05/2017£585.69£585.69£0.00
02/06/2017£592.33£592.33£0.00
03/07/2017£599.03£599.03£0.00
02/08/2017£605.82£605.82£0.00
02/09/2017£612.68£612.68£0.00
03/10/2017£619.62£619.62£0.00
02/11/2017£626.63£626.63£0.00
03/12/2017£633.73£633.73£0.00
02/01/2018£640.91£640.91£0.00
02/02/2018£648.17£648.17£0.00
05/03/2018£655.51£655.51£0.00
02/04/2018£662.93£662.93£0.00
03/05/2018£670.44£670.44£0.00
Total:£25,000.01£2,382.77