NEWSFLOW
Morses Club (#MCL) – funders not to provide a “peak trading advance”, company to take steps to “constrain lending”
- 2022-11-15 07:55:59
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Results: MCL
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NEWSFLOW
Morses Club (#MCL) – extension with current funding consortium, but re. covenants only currently until October
- 2022-09-15 07:58:07
NEWSFLOW
Morses Club (#MCL) – continues to expect FY results in line with July guidance, scheduled for 25th August
- 2022-08-15 07:51:05
NEWSFLOW
Morses Club (#MCL) – to pause processing of all new redress claims to develop detail of redress scheme
- 2022-08-11 07:57:59
NEWSFLOW
Morses Club (#MCL) – potential customer redress Scheme of Arrangement, discussions with funders
- 2022-07-20 08:00:00
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Morses Club – increase in complaints AGAIN (…why’s the AGM being held virtually again?!)
On 3rd March Morses Club (MCL) issued a trading update including that having “announced that it expected adjusted profit before tax for FY22 to be between 20% and 30% below the prevailing analyst consensus of £7.5m due to the impact of the recent increase in claims, subject to year-end audit review… complaints continue at the same levels as we reported, and our guidance remains unchanged”. Now an “Update on Claims Volumes and FY22 Results” announcement...
- By Steve Moore
- 2022-06-21 11:29:59
NEWSFLOW
Morses Club (#MCL) – warning as home collected credit division recent increase in complaints
- 2022-06-21 07:48:34
