A Bristol-based debt recovery company which collected debts for businesses and individuals but failed to forward on all the money has been shut down.
Encore Capital Group Inc Ltd, which traded as Encore Debt Recovery, cold-called businesses and individuals offering to recover commercial and consumer debts in return for an up-front fee or a percentage payment.
In some instances, they falsely claimed to be regulated by the Financial Conduct Authority (FCA) – which they were not – and said they had been appointed by a court to make debt collections.
Encore was subject to a winding up hearing held at the High Court in London on 25th February 2025.
The apparent services offered by Encore included debt collection and…