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TANDEM GROUP CYCLES LIMITED

Company number 01704676

Fixed charge on purchased debts which fail to vest

Created
12 September 2002
Delivered
13 September 2002
Status
Outstanding
Transaction Filed
Registration of a charge (395)
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Persons entitled

  • Hsbc Invoice Finance (UK) LTD (the Security Holder)

Amount secured

All monies due or to become due from the company to the chargee under the terms of the aforementioned instrument creating or evidencing the charge

Short particulars

By way of fixed equitable charge all receivables purchased or purported to be purchased by the security holder pursuant to an agreement which shall fail to vest effectively and absolutely in the security holder (the factored receivable) and in respect of the factored receivable all title property right or interest in any goods to which they relate and all guarantees indemnities insurances or securities given to or held by the company in respect thereto.