Harrington Brooks

Sale, Cheshire, United Kingdom Consumer Financial Services Acquired

Harrington Brooks was a UK-based consumer debt advice and debt management firm founded in 1998 and headquartered in Sale, Greater Manchester (historically described as Sale, Cheshire). The business provided debt management plans (DMPs), individual voluntary arrangements (IVAs), debt relief orders, bankruptcy guidance and related non-lending consumer financial advice, and at its peak employed more than 400 staff. After private equity ownership by Inflexion (exited 2012) and RJD Partners, Harrington Brooks Group Ltd and several affiliates (Harrington Brooks Ltd, One Advice Ltd, HB Financial Solutions Ltd, Open-Door (Legal Services) Ltd) were placed into administration on 11 April 2018 with Deloitte LLP appointed as joint administrators. The businesses were sold out of administration to Think Money Group on 13 April 2018; the DMP portfolio was migrated to Think Money subsidiary Gregory Pennington and the IVA portfolio to Freeman Jones. Think Money subsequently consolidated Gregory Pennington, Freeman Jones and Wilson Andrews under a single brand, Financial Wellness Group. The harringtonbrooks.co.uk domain is now operated by Financial Wellness Group as a legacy customer login portal; Harrington Brooks no longer trades as an independent operating company.

Acquired

Harrington Brooks has been acquired

Acquired by RJD Partners 2012 Undisclosed (secondary buyout from Inflexion Private Equity)

This company is no longer available on our private secondary market.

Overview

Company data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.

Founded

1998

Employees

0

Total Funding

Undisclosed (private-equity owned; no venture rounds disclosed)

Leadership

  • Nick Holmes

    Founder

  • Matthew Cheetham

    Former Chief Executive Officer

Competitors

Competitor list is illustrative and may be incomplete, stale, or erroneous.

  • StepChange Debt Charity

    UK's largest free debt advice charity, providing DMPs, IVAs and debt relief order guidance to consumers in financial difficulty.

  • PayPlan

    Free UK debt advice provider offering DMPs, IVAs and other debt solutions, funded by the credit industry.

  • Gregory Pennington (Financial Wellness Group)

    Think Money-owned DMP provider that absorbed the Harrington Brooks debt management book in 2018 and was rebranded under Financial Wellness Group.

  • Creditfix

    Glasgow-based UK insolvency practitioner and one of the largest providers of IVAs and Protected Trust Deeds.

  • Freeman Jones

    Think Money-owned IVA provider that absorbed the Harrington Brooks IVA book in 2018 and was rebranded under Financial Wellness Group.

  • Money Wellness

    UK debt advice provider operating alongside Financial Wellness Group, offering free debt management and IVA services.

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