Clients ranging from the big four banks to utility companies such as Eon and Thames Water may use Nottingham based TDX Group to sort out their bad debts. Acting on its clients’ behalf, the company manages a panel of debt-collection agencies, handles asset sales, deals with insolvency arrangements and will resolve other financial problems. Founded by Mark Onyett with help from business angels, the company this year acquired a Madrid-based competitor in a deal backed by the venture-capital firm Eclipse. Sales have soared 139% a year from an annualised £1.3m in 2005 to £17.3m in 2008.
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