Our growing digital capabilities open up opportunities in the fragmented nonstandard finance market to deliver a broad range of financial products and services.
- #2 Home Collected Credit company in the UK
- 205,000 customers across the UK
- High levels of customer satisfaction and repeat business
- Scalable, highly invested IT platform
- Widening product and digital offering, notably into online loans and online e-money
- Roadmap of organic growth initiatives
- Well placed for consolidation in a fragmented market
- Untapped market potential of c. 10m people
- Prudent credit risk policy: stringent criteria applied to every customer, every loan
- Robust balance sheet and funding model
- Credit issued reduced to £174.2m, a marginal reduction of 2.4%
- Loan book reduced slightly by 2.4%
- Cash-generative business model that has performed well despite the headwinds that have affected the sector
- Final dividend of 1.0p per share
- Appointment of Gary Marshall to new position of Chief Operating Officer to run Shelby Finance Limited, the digital subsidiary
- Andy Thomson appointed as Interim Chief Financial Officer, effective from 17 March 2020, following a period as a Non-Executive Director from 1 July 2019
- Internal promotion of Mark Jakeman to Operations Director, due to retirement of Les Easson, who remains as a Non-Executive Director, effective from 1 September 2019