Wonga Nightmare!!!!!!!!!!!!

money_wiser_2

jonesMUFCforever wrote: »

I don't know of any bank that would charge just £10 for a failed attempt for a payment and why would they try 5 times unless there was a reason to do so?
Something is not right with this story if you ask me.

Co-op bank only charge £10 but hey do cancel the dd after 2 failed atempts

lesley1960

carl1981 wrote: »

Artful, I have no connection to the company wonga, or the accountants, but can't bear to see embarrasing posts like this where the company actually hasn't done anything wrong!

I'd hate my companies to be under your "microscope"

:T

They do say a little knowledge is dangerous !

carl1981

theartfullodger wrote: »

A little more knowledge...

According to Wonga's website at..
http://www.wonga.com/about/
they are backed by major investors including "Balderton Capital" ... (great..)

There are 3 "Balderton Capital"s on Companies House website . 1st one is overdue with accounts, proposal to strike off

---

cut 'n paste starts ==========
Name & Registered Office:
BALDERTON CAPITAL LTD
34 GLENRISE CLOSE, ST MELLONS
CARDIFF
SOUTH GLAMORGAN
CF3 0AS
Company No. 06224993

Status: Active - Proposal to Strike off
Date of Incorporation: 24/04/2007

Country of Origin: United Kingdom
Company Type: Private Limited Company
Nature of Business (SIC(03)):
None Supplied
Accounting Reference Date: 30/04
Last Accounts Made Up To: (NO ACCOUNTS FILED)
Next Accounts Due: 24/02/2009 OVERDUE
Last Return Made Up To:
Next Return Due: 22/05/2008 OVERDUE
Previous Names: Date of change Previous Name 16/05/2007 TROCHUS LTD 15/06/2007 DUNCAN MCDONALD 250 LTD


============ cut 'n paste ends ================

2nd one is overdue with it's return

---

cut 'n paste starts ==========
Name & Registered Office:
BALDERTON CAPITAL MANAGEMENT (UK) LLP
20 BALDERTON STREET
LONDON
W1K 6TL
Company No. OC306910

Status: Active
Date of Incorporation: 12/02/2004

Country of Origin: United Kingdom
Company Type: Limited Liability Partnership
Nature of Business (SIC(03)):
None Supplied
Accounting Reference Date: 31/12
Last Accounts Made Up To: 31/12/2007 (FULL)
Next Accounts Due: 31/10/2009
Last Return Made Up To: 15/02/2008
Next Return Due: 15/03/2009 OVERDUE
Previous Names: Date of change Previous Name 11/06/2007 BENCHMARK MANAGEMENT (UK) LLP

========== cut 'n paste ends =============


3rd one has never filed any accounts...

=== cut 'n paste starts ==========

Name & Registered Office:
BALDERTON CAPITAL PARTNERS LIMITED
20 BALDERTON STREET
LONDON
W1K 6TL
Company No. 06274325

Status: Active
Date of Incorporation: 08/06/2007

Country of Origin: United Kingdom
Company Type: Private Limited Company
Nature of Business (SIC(03)):
9999 - Dormant Company
Accounting Reference Date: 30/06
Last Accounts Made Up To: (NO ACCOUNTS FILED)
Next Accounts Due: 08/04/2009
Last Return Made Up To: 08/06/2008
Next Return Due: 06/07/2009
Last Members List: 08/06/2008


=== cut 'n paste ends ===========

In my experience when companies are under "proposal to strike off" or late with their return there follows more often than one would wish unfortunate and embarrassing revelations about the management of them. Clearly at other times there is an innocent explanation. We will see!

Could someone clarify which Balderton is backing Wonga, please??

Best wishes to all,

Artful

Don't know why I bother replying to you, but I've had a quick look at Balderton's site

http://www.balderton.com/our-portfolio/

Their portfolio is linked above, and by navigating their site they seem fairly kosher (they are the LLP which had filed full accounts, therefore presumably audited - I'm not going to pay the £1 co's house fee to find out...) .

Don't fight a losing battle Artful !! As the other poster said - a little knowledge is dangerous. And I wouldn't be messing around, slandering companies like this on the internet.