Happy New Year to
everybody!
Last year was an unusual and difficult time for our
industry and it will be interesting to see how 2013 develops. Without
doubt, there are further hard times ahead for some but there does appear to be
a small amount of confidence creeping back into the economy. This has to be a
good thing for everyone, particularly if we can avoid the triple dip(!)
recession, and at London House we are looking forward to a fascinating
year ahead.
21 Jan 2013
London House Top 10
For our clients
we undertake a mixed variety of work that covers the full remit of
investigative services. Our client base, which continues to grow, know
that they can come to London House with a business problem and they can be
confident of our professional help and advice. At the end of the year we
thought we would have a look at our most popular services provided in 2012
and these are listed below.
Clicking on the service
will provide more information
- Tracing missing
persons/absconded debtors
- Process Serving
- Evidence of means
interviews/status reports
- Discreet
Enquiries/investigations
- Pre-Repossession Reports on
properties
- Property Repossession
(Residential & Commercial)
- Surveillance operations
- Commercial Debt Collection
- Debt & Mortgage Shortfall Counselling
- Insurance Claims Investigations
Industry Topic
From the results of its
quarterly Data Gathering Initiative, The Credit
Services
Association recently released figures confirming that businesses are
finding it increasingly difficult to collect their cash.
At the end of September
2012 the amount outsourced to third party debt collection agencies stood
at £1.145bn, an increase of 12% on the previous quarter.Similarly, there was
also a rise in both the amount and volume of consumer debt passed to Debt Collection
Agencies or sold to Debt Buyers. As at the end of September the amount now
stands at £62bn, a rise of 4%.
These continue to be
staggering figures and collection of these debts remains critical for the
economy.
London House News
After the seasonal break it is now back to
"business as usual" at London House. We are continuing to hold a
number of follow up interviews from the NEC Franchise Show in October and
are pleased to say that discussions are progressing with a number of
prospective Franchise Owners. We have set training dates for later this
month and more news on this in next month's newsletter.
Some of you will know that
when a new Franchise Owner joins us, the term of the agreement is for 5 years
which can then be renewed, by mutual consent, for further 5 year periods. It is
with much pleasure then that I can advise that 2 of our Franchise Owners have
just renewed their agreements with us.
Keith Bell (Glasgow)
is one of our longest serving Franchise Owners having completed 10 years with
us. Keith has now renewed for a further 5 years. Dave Williams (Central London)
has been with us the longest of all our Franchise Owners. Dave has now
completed 15 years and has also renewed for another 5 years.
Many thanks to you both for your continued efforts and support
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