Cattles plc is a Yorkshire-based consumer finance company. Founded in Hull in 1927, in the 1990’s the consumer credit business consolidated under one brand, Shopacheck. Cattles then grew through a number of acquisitions, including that of Compass Credit (1990), Welcome Financial Services (1994), The Lewis Group (1997), and Dial4aloan (2001). In March 2009, Cattles suspended three directors over internal accounting failings that breached Cattles’ banking covenants, putting 4000 jobs at risk. In July 2009, the three directors were sacked without compensation. In May 2009, Cattles closed the Welcome Car Finance branch of its business in a move to improve liquidity, resulting in the loss of 130 jobs.
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