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118 118 Money up to their old tricks?

BoazYachin
BoazYachin Posts: 1 Newbie
edited 7 November at 7:41PM in Credit cards
Yeah, yeah; I'm ANOTHER disgruntled customer of Madison CF UK Ltd T/A 118 118 Money.
Currently having them investigated by the FCA/FOS & Serious Fraud Office for IRRESPONSIBLE LENDING.  All very boring, I have a 64% chance of winning.
Here's what you don't know:  118 118 Money is falsely manipulating online reviews.  Within 6 minutes of me slating them on TrustPilot, my review was removed; they did this 3 times.  I complained to Trust Pilot CEO and my truthful reviews finally remained.  54,000 positive reviews on Trustpilot, NOT A CHANCE!!! L I E S & Deceit !  Employees on Glassdoor say they are made to falsify info and lie to the FCA.  Workers complain about all the dodgy stuff and 'Toxic' environment.
£140M Turnover, big wigs on £400K++ salary, dodgy accounts, only £1.36M in ordinary taxation paid, only £32,000 in corporation tax, and a whacking £7.8M in deferred taxation.
£68M Shares held by Yanks in Luxenbourg???  Group borrowings of £375M and a whopping Bad Debt Provision of £131M under IFRS Rule 9.
I smell something fishy, and it's not the contents of Baldrics apple crumble!

118 118 Money up to their old tricks? 0 votes

post a comment of email me: Boaz_Yachin1204@proton.me
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Comments

  • dumpster_fire2025
    dumpster_fire2025 Posts: 100 Forumite
    100 Posts Name Dropper
    edited 7 November at 9:14PM
    Tell me you don't know what turnover is without telling me you don't know what turnover is.

    "Revenue grew by 14% to £139.5 million, reflecting both sustained customer demand and operational momentum. Profit for the year was £4.1 million, a notable turnaround compared to the £3.1 million loss recorded in 2023."

    £1.4m tax on £4.1m profit = 34.1% tax


  • HappyHarry
    HappyHarry Posts: 1,854 Forumite
    Tenth Anniversary 1,000 Posts Name Dropper
    edited 7 November at 10:07PM
    Don't mess with the OP. They've the power to instigate investigations by the FCA and Serious Fraud Office.

    They also have a 64% chance of winning something.

    I am an Independent Financial Adviser. Any comments I make here are intended for information / discussion only. Nothing I post here should be construed as advice. If you are looking for individual financial advice, please contact a local Independent Financial Adviser.
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