Profit Track 100

1st Credit collects and manages debts that it buys from financial institutions such as Royal Bank of Scotland, Barclays, Northern Rock and Abbey. The firm claims to have more than 3m customers with outstanding debts totalling £3 billion. The Surrey company is led by managing director Mike Cleary and is forecasting a 20% increase in profits to more than £37m in 2008.

This profile reflects the company at time of publication and does not reflect any changes that may have subsequently occurred. Fast Track and its sponsors do not endorse, guarantee or recommend investment in any of the companies.

Company details
Company1st Credit
ActivityDebt collection agency
Profits £00029,859
Sales £00076,837