WONGA GROUP LIMITED

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WONGA GROUP LIMITED 05897177

Overview Of Wonga Group Limited

Wonga.com, also known as Wonga, is a British payday loan provider of “short-term, high-cost credit that was founded in 2006 and has operations in the United Kingdom, Spain, Poland and South Africa.It is a trading name used by Wonga Group Limited, operating through WDFC UK Limited in the UK, and Wonga Worldwide Limited in the rest of the world.

It formerly operated in Canada, but withdrew in May 2016[ and had also operated in Germany, Switzerland, Austria and the Netherlands through the German payments business, BillPay that it acquired in October 2013 but sold to Klarna in February 2017. The company invented fully automated risk processing technology to provide short-term, unsecured personal loans online, including via tablet and mobile app. The service was launched in October 2007. The firm was the first to provide an instant lending application on Apple mobile phones.

The interest charged by the lender, which can equate to an annual percentage rate (APR) of 1,509%, has been widely criticised. Wonga have said they believe APR is a poor measure of the true cost of short-term loans. As of April 2016, a loan of £100 over seventeen days (Wonga’s average loan term) required £113.60 to repay.

On 4 August 2018, the company received an emergency £10m cash injection from shareholders because it was at risk of becoming insolvent due to a surge in customer compensation claims. It went into administration on 30 August 2018 and Grant Thornton were subsequently appointed as administrators, to wind down the business, selling assets and identifying creditors. Compensation claims had increased fourfold to over 40,000 in March 2019, from 10,500 when entering administration.

  • Registered office address: C/O Grant Thornton Uk Llp 4 Hardman Square, Spinningfields, Manchester, M3 3EB
  • Company type: Private limited company
  • Incorporated on: 4 August 2006
  • Status: In Administration

Key filing dates

  • Accounting reference date: 31 December
  • Last accounts made up to: 31 December 2016
  • Next accounts due: 30 September 2018
  • Last confirmation statement date: 14 September 2017
  • Next confirmation statement due: 28 September 2018
  • Last members list: 14 September 2015

Nature of business (SIC)

  • 64209 Activities of other holding companies not elsewhere classified

Previous company names

Name Period
QUICKBRIDGE (UK) LIMITED 11 May 2012

People

Officers:
29 officers / 29 resignations

  • Secretary DAMELIN, Errol RESIGNED
  • Appointed: 5 August 2006
  • Resigned: 10 October 2011
  • Correspondence address: 3, Prince Albert Road, London, United Kingdom, NW1 7SN
  • Secretary FLYNN, William John RESIGNED
  • Appointed: 19 March 2015
  • Resigned: 14 September 2017
  • Correspondence address: Harlequin Building, 65 Southwark Street, London, SE1 0HR
  • Secretary HUBBLE, Justin Legarth RESIGNED
  • Appointed: 28 March 2014
  • Resigned: 10 February 2015
  • Correspondence address: Greater London House, Hampstead Road, 4th Floor, London, England, NW1 7EJ
  • Secretary MIKE-EZE, Cynthia RESIGNED
  • Appointed: 22 September 2017
  • Resigned: 4 January 2018
  • Correspondence address: Harlequin Building, 65 Southwark Street, London, SE1 0HR
  • Secretary MOON, Alexandra RESIGNED
  • Appointed: 1 May 2018
  • Resigned: 6 September 2018
  • Correspondence address: C/O Grant Thornton Uk Llp, 4 Hardman Square, Spinningfields, Manchester, M3 3EB
  • Secretary VERNALL, Lucy Kate RESIGNED
  • Appointed: 10 October 2011
  • Resigned: 28 March 2014
  • Correspondence address: Greater London House, Hampstead Road, 4th Floor, London, England, NW1 7EJ
  • Secretary PEMEX SERVICES LIMITED RESIGNED
  • Appointed: 4 August 2006
  • Resigned: 5 August 2006
  • Correspondence address: 90-100, Sydney Street, Chelsea, London, SW3 6NJ
  • Director AHMED, Iftikar Ali RESIGNED
  • Nationality: United States
  • Appointed: 16 December 2010
  • Date of birth: December 1971
  • Resigned: 7 April 2015
  • Correspondence address: Greater London House, Hampstead Road, 4th Floor, London, England, NW1 7EJ
  • Country/State of Residence: United States
  • Occupation: Venture Capitalist
  • Director ALLEN, Anthony Simon Echalaz RESIGNED
  • Nationality: British
  • Appointed: 24 February 2015
  • Date of birth: January 1957
  • Resigned: 6 September 2018
  • Correspondence address: C/O Grant Thornton Uk Llp, 4 Hardman Square, Spinningfields, Manchester, M3 3EB
  • Country/State of Residence: United Kingdom
  • Occupation: Director
  • Director BOWDEN, Laurel Charmaine RESIGNED
  • Nationality: South African
  • Appointed: 3 June 2009
  • Date of birth: May 1965
  • Resigned: 6 September 2018
  • Correspondence address: C/O Grant Thornton Uk Llp, 4 Hardman Square, Spinningfields, Manchester, M3 3EB
  • Country/State of Residence: United Kingdom
  • Occupation: Venture Capitalist Director
  • Director DAMELIN, Errol RESIGNED
  • Nationality: British
  • Appointed: 5 August 2006
  • Date of birth: August 1969
  • Resigned: 12 June 2014
  • Correspondence address: Greater London House, Hampstead Road, 4th Floor, London, England, NW1 7EJ
  • Country/State of Residence: United Kingdom
  • Occupation: Ceo
  • Director DE RYCKER, Sonali RESIGNED
  • Nationality: British
  • Appointed: 3 June 2009
  • Date of birth: August 1973
  • Resigned: 6 September 2018
  • Correspondence address: C/O Grant Thornton Uk Llp, 4 Hardman Square, Spinningfields, Manchester, M3 3EB
  • Country/State of Residence: United Kingdom
  • Occupation: Partner
  • Director DILLON, Adrian RESIGNED
  • Nationality: United States
  • Appointed: 9 July 2013
  • Date of birth: January 1954
  • Resigned: 2 November 2015
  • Correspondence address: Greater London House, Hampstead Road, 4th Floor, London, England, NW1 7EJ
  • Country/State of Residence: Usa
  • Occupation: Non-Executive Director
  • Director GOLDBLUM, Eric RESIGNED
  • Nationality: South African
  • Appointed: 21 December 2006
  • Date of birth: December 1950
  • Resigned: 6 November 2008
  • Correspondence address: 75 Atholl Road, Johannesburg, Atholl 2196, South Africa, FOREIGN
  • Occupation: Director Of Companies
  • Director HASTE, Andrew Kenneth RESIGNED
  • Nationality: British
  • Appointed: 14 July 2014
  • Date of birth: January 1962
  • Resigned: 6 September 2018
  • Correspondence address: C/O Grant Thornton Uk Llp, 4 Hardman Square, Spinningfields, Manchester, M3 3EB
  • Country/State of Residence: England
  • Occupation: Director
  • Director HURWITZ, Jonathan Brent RESIGNED
  • Nationality: British
  • Appointed: 23 October 2006
  • Date of birth: September 1969
  • Resigned: 5 November 2013
  • Correspondence address: 3, Prince Albert Road, London, United Kingdom, NW1 7SN
  • Country/State of Residence: United Kingdom
  • Occupation: Cto
  • Director KLEIN, Robin Matthew RESIGNED
  • Nationality: South African
  • Appointed: 24 January 2007
  • Date of birth: December 1947
  • Resigned: 24 February 2015
  • Correspondence address: Greater London House, Hampstead Road, 4th Floor, London, England, NW1 7EJ
  • Country/State of Residence: England
  • Occupation: Company Director
  • Director KNEAFSEY, Tara Jane RESIGNED
  • Nationality: Irish
  • Appointed: 14 September 2016
  • Date of birth: February 1975
  • Resigned: 6 September 2018
  • Correspondence address: C/O Grant Thornton Uk Llp, 4 Hardman Square, Spinningfields, Manchester, M3 3EB
  • Country/State of Residence: England
  • Occupation: Chief Executive
  • Director KREIZ, Ynon RESIGNED
  • Nationality: Israeli
  • Appointed: 21 December 2006
  • Date of birth: March 1965
  • Resigned: 26 March 2008
  • Correspondence address: Upper Masionette 4 Chalcot Road, London, NW1 8LH
  • Occupation: Director
  • Director LIAUTAUD, Bernard RESIGNED
  • Nationality: French
  • Appointed: 27 January 2009
  • Date of birth: June 1962
  • Resigned: 6 September 2018
  • Correspondence address: C/O Grant Thornton Uk Llp, 4 Hardman Square, Spinningfields, Manchester, M3 3EB
  • Country/State of Residence: United Kingdom
  • Occupation: Venture Capitalist
  • Director LINDSAY, Graham John RESIGNED
  • Nationality: British
  • Appointed: 1 December 2015
  • Date of birth: August 1958
  • Resigned: 6 September 2018
  • Correspondence address: C/O Grant Thornton Uk Llp, 4 Hardman Square, Spinningfields, Manchester, M3 3EB
  • Country/State of Residence: England
  • Occupation: Director
  • Director MACMILLAN, Neil Stephen RESIGNED
  • Nationality: British
  • Appointed: 22 October 2015
  • Date of birth: November 1962
  • Resigned: 6 September 2018
  • Correspondence address: C/O Grant Thornton Uk Llp, 4 Hardman Square, Spinningfields, Manchester, M3 3EB
  • Country/State of Residence: England
  • Occupation: Director
  • Director MALKA, Meyer RESIGNED
  • Nationality: Venezuelan
  • Appointed: 27 May 2011
  • Date of birth: July 1974
  • Resigned: 5 April 2014
  • Correspondence address: 3, Prince Albert Road, London, NW1 7SN
  • Country/State of Residence: United States
  • Occupation: None
  • Director OVERLI, Haakon RESIGNED
  • Nationality: Norwegian
  • Appointed: 6 November 2008
  • Date of birth: May 1970
  • Resigned: 3 June 2009
  • Correspondence address: Hoe Farm, Hoe Lane, Hascombe, Surrey, GU8 4JQ
  • Country/State of Residence: England
  • Occupation: Venture Capitalist
  • Director SETON ROGERS, Sean RESIGNED
  • Nationality: United States
  • Appointed: 26 March 2008
  • Date of birth: June 1975
  • Resigned: 27 January 2009
  • Correspondence address: Flat 6, 61-69 Chepstow Place, London, W2 4TS
  • Occupation: Financier
  • Director WASS, Niall Fraser RESIGNED
  • Nationality: British
  • Appointed: 12 November 2013
  • Date of birth: July 1969
  • Resigned: 22 May 2014
  • Correspondence address: 3-4, Prince Albert Road, London, NW1 7SN
  • Country/State of Residence: Switzerland
  • Occupation: Chief Executive
  • Director WELLER, Timothy RESIGNED
  • Nationality: Usa
  • Appointed: 22 May 2014
  • Date of birth: April 1965
  • Resigned: 19 November 2014
  • Correspondence address: Greater London House, Hampstead Road, 4th Floor, London, England, NW1 7EJ
  • Country/State of Residence: England
  • Occupation: Interim Ceo
  • Nominee Director AMERSHAM SERVICES LIMITED RESIGNED
  • Appointed: 4 August 2006
  • Resigned: 5 August 2006
  • Correspondence address: Vanterpool Plaza, Wickhams Quay 1, Road Town, Tortola, British Virgin Islands, FOREIGN
  • Director PEMEX SERVICES LIMITED RESIGNED
  • Appointed: 4 August 2006
  • Resigned: 5 August 2006
  • Correspondence address: 90-100, Sydney Street, Chelsea, London, SW3 6NJ

Persons with significant control:

0 active person with significant control / 1 active statements

Statements

Statement ACTIVE

The company knows or has reasonable cause to believe that there is no registrable person or registrable relevant legal entity in relation to the company

  • Notified on: 14 September 2016

Recent Filing History

Date Form Description
8 Apr 2020 AM10 Administrator’s progress report
3 Oct 2019 AM01 Appointment of an administrator
3 Oct 2019 AM10 Administrator’s progress report
29 May 2019 AM19 Notice of extension of period of Administration
11 Apr 2019 AM10 Administrator’s progress report
21 Dec 2018 AM07 Result of meeting of creditors
8 Nov 2018 AM03 Statement of administrator’s proposal
19 Sep 2018 TM01 Termination of appointment of Graham John Lindsay as a director on 6 September 2018
19 Sep 2018 TM01 Termination of appointment of Neil Stephen Macmillan as a director on 6 September 2018
19 Sep 2018 TM01 Termination of appointment of Bernard Liautaud as a director on 6 September 2018
19 Sep 2018 TM01 Termination of appointment of Tara Jane Kneafsey as a director on 6 September 2018
19 Sep 2018 TM01 Termination of appointment of Andrew Kenneth Haste as a director on 6 September 2018
19 Sep 2018 TM01 Termination of appointment of Sonali De Rycker as a director on 6 September 2018
19 Sep 2018 TM01 Termination of appointment of Laurel Charmaine Bowden as a director on 6 September 2018
19 Sep 2018 TM01 Termination of appointment of Anthony Simon Echalaz Allen as a director on 6 September 2018
19 Sep 2018 TM02 Termination of appointment of Alexandra Moon as a secretary on 6 September 2018
17 Sep 2018 AM01 Appointment of an administrator
12 Sep 2018 AD01 Registered office address changed from Harlequin Building 65 Southwark Street London SE1 0HR to C/O Grant Thornton Uk Llp 4 Hardman Square Spinningfields Manchester M3 3EB on 12 September 2018
31 Aug 2018 SH01 Statement of capital following an allotment of shares on 18 July 2018 GBP 3,353.30
10 Aug 2018 RESOLUTIONS Resolutions

 

  • RES10 – Resolution of allotment of securities
  • RES01 – Resolution of adoption of Articles of Association
10 May 2018 AP03 Appointment of Mrs Alexandra Moon as a secretary on 1 May 2018
4 Apr 2018 MR04 Satisfaction of charge 058971770005 in full
4 Apr 2018 MR04 Satisfaction of charge 058971770006 in full
6 Feb 2018 SH01 Statement of capital following an allotment of shares on 11 January 2018 GBP 2,167.79294
4 Jan 2018 TM02 Termination of appointment of Cynthia Mike-Eze as a secretary on 4 January 2018
27 Nov 2017 SH01 Statement of capital following an allotment of shares on 30 October 2017 GBP 2,167.69919
14 Nov 2017 SH06 Cancellation of shares. Statement of capital on 16 October 2017
14 Nov 2017 SH03 Purchase of own shares.
26 Oct 2017 RESOLUTIONS Resolutions

 

  • RES01 – Resolution of adoption of Articles of Association
29 Sep 2017 AA Group of companies’ accounts made up to 31 December 2016
26 Sep 2017 AP03 Appointment of Mrs Cynthia Mike-Eze as a secretary on 22 September 2017
21 Sep 2017 CS01 Confirmation statement made on 14 September 2017 with updates
21 Sep 2017 AD02 Register inspection address has been changed from Greater London House Hampstead Road London NW1 7EJ England to 65 Southwark Street London SE1 0HR
21 Sep 2017 TM02 Termination of appointment of William John Flynn as a secretary on 14 September 2017
9 Jun 2017 MR01 Registration of charge 058971770006, created on 2 June 2017
24 Apr 2017 AD01 Registered office address changed from Greater London House Hampstead Road 4th Floor London NW1 7EJ England to Harlequin Building 65 Southwark Street London SE1 0HR on 24 April 2017
31 Mar 2017 MR01 Registration of a charge with Charles court order to extend. Charge code 058971770005, created on 1 February 2017
15 Dec 2016 AD02 Register inspection address has been changed from C/O Nabarro Llp 1 South Quay Victoria Quays, Wharf Street Sheffield S2 5SY England to Greater London House Hampstead Road London NW1 7EJ
28 Sep 2016 CS01 Confirmation statement made on 14 September 2016 with updates
27 Sep 2016 AP01 Appointment of Ms Tara Jane Kneafsey as a director on 14 September 2016
13 Jun 2016 AR01 Annual return made up to 14 September 2015 with full list of shareholders

 

  • ANNOTATION Replacement This document replaces the AR01 registered on 04/11/2015 as it was not properly delivered.
24 May 2016 AA Group of companies’ accounts made up to 31 December 2015
19 Apr 2016 MR01 Registration of charge 058971770004, created on 7 April 2016
8 Feb 2016 MR04 Satisfaction of charge 3 in full
16 Dec 2015 SH01 Statement of capital following an allotment of shares on 1 December 2015 GBP 2,055.10696
7 Dec 2015 AP01 Appointment of Mr Graham John Lindsay as a director on 1 December 2015
18 Nov 2015 SH01 Statement of capital following an allotment of shares on 18 November 2015 GBP 2,055.10696
12 Nov 2015 TM01 Termination of appointment of Adrian Dillon as a director on 2 November 2015
10 Nov 2015 AP01 Appointment of Mr Neil Stephen Macmillan as a director on 22 October 2015
4 Nov 2015 AR01 Annual return made up to 14 September 2015 with full list of shareholders

 

  • ANNOTATION Replaced a replacement AR01 was registered on 13/06/2016
21 Oct 2015 SH01 Statement of capital following an allotment of shares on 1 October 2015 GBP 2,055.10696
21 Oct 2015 SH01 Statement of capital following an allotment of shares on 1 June 2015 GBP 2,054.10696
27 Apr 2015 AA Group of companies’ accounts made up to 31 December 2014
7 Apr 2015 AP01 Appointment of Anthony Simon Echalaz Allen as a director
7 Apr 2015 TM01 Termination of appointment of Iftikar Ali Ahmed as a director on 7 April 2015
19 Mar 2015 AP03 Appointment of Mr William John Flynn as a secretary on 19 March 2015
26 Feb 2015 TM02 Termination of appointment of Justin Legarth Hubble as a secretary on 10 February 2015
24 Feb 2015 AP01 Appointment of Mr Anthony Simon Echalaz Allen as a director on 24 February 2015
24 Feb 2015 TM01 Termination of appointment of Robin Matthew Klein as a director on 24 February 2015
19 Jan 2015 MA Memorandum and Articles of Association
19 Jan 2015 RESOLUTIONS Resolutions

 

  • RES01 – Resolution of alteration of Articles of Association
19 Nov 2014 TM01 Termination of appointment of Timothy Weller as a director on 19 November 2014
21 Oct 2014 AR01 Annual return made up to 14 September 2014 with full list of shareholders
Statement of capital on 2014-10-21 GBP 2,043.49402
6 Oct 2014 AA Group of companies’ accounts made up to 31 December 2013
16 Jul 2014 AP01 Appointment of Mr Andrew Kenneth Haste as a director on 14 July 2014
16 Jun 2014 AP01 Appointment of Mr Timothy Weller as a director
13 Jun 2014 TM01 Termination of appointment of Errol Damelin as a director
28 May 2014 TM01 Termination of appointment of Niall Wass as a director
8 May 2014 RESOLUTIONS Resolutions

 

  • RES01 – Resolution of Memorandum and/or Articles of Association
2 May 2014 MEM/ARTS Memorandum and Articles of Association
7 Apr 2014 TM01 Termination of appointment of Meyer Malka as a director
28 Mar 2014 TM02 Termination of appointment of Lucy Vernall as a secretary
28 Mar 2014 AP03 Appointment of Mr Justin Legarth Hubble as a secretary
29 Jan 2014 AD01 Registered office address changed from , 3 Prince Albert Road, London, NW1 7SN, United Kingdom on 29 January 2014
3 Jan 2014 SH06 Cancellation of shares. Statement of capital on 3 January 2014
3 Jan 2014 SH03 Purchase of own shares.
18 Nov 2013 RP04 Second filing of AP01 previously delivered to Companies House

 

  • ANNOTATION This document is a Second filing of the AP01 registered 12/11/2013 for Niall Fraser Wass
12 Nov 2013 AP01 Appointment of Mr Niall Fraser Wass as a director

 

  • ANNOTATION A Second Filing of the AP01 was registered on 18/11/2013
6 Nov 2013 TM01 Termination of appointment of Jonathan Hurwitz as a director
5 Nov 2013 SH01 Statement of capital following an allotment of shares on 29 October 2013 GBP 2,077.11850
5 Nov 2013 RESOLUTIONS Resolutions

 

  • RES01 – Resolution of Memorandum and/or Articles of Association
  • RES13 – Shares ratified 11/10/2013
  • RES10 – Resolution of allotment of securities
7 Oct 2013 AR01 Annual return made up to 14 September 2013 with full list of shareholders

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