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RECENT
HISTORY & BACKGROUND OF THE GROUP
The business
is a collaboration of offshore finance companies raising a pool
of finance, and companies based in the United Kingdom which borrow
the funds raised, and then lend on the monies in various markets.
The companies
which are based in the United Kingdom are Imperial Consolidated
Limited, Imperial Consolidated Financiers Limited and Imperial Phoenix
Finance Limited.
These companies are engaged in a variety of lending markets including
Consumer, (under the Consumer Credit Act 1974), Commercial, Venture
Capital, and Land and Property. These companies also own their own
land and property investment projects and equity investments in
start up and venture capital projects.
At the peak of its direct business, the companies employed in excess
of 200 personnel. However, a series of reorganisations and contracting
out the management of certain parts of the business have reduced
the permanent workforce to around 30. The commercial and capital
growth projects continue to be managed within the organisation whilst
the consumer loans have been outsourced.
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