For more than 40 years, Wescot have been providing vital products and services in the industry of receivables management in the UK and now find themselves at the very top of their field. They were set-up as a partnership originally in the 1970s, but became a private limited company in 1983 and Wescot Credit Services Ltd came to exist.
Local government, utilities, retail finance services telecoms and media and banking and finance are all sectors that Wescot provide services to clients in. More than 50 of the country’s best recognised and most successful companies, including Sky, HSBC, RBS and British Gas to name but a few, are currently benefitting from the range of products and services that Wescot Credit Services Ltd offer.
Proud sponsors of this year’s CCR-Interactive and Credit Excellence Awards, Wescot are further raising their profile within the industry and the event’s organisers believe that their support will add real kudos to the day. Wescot are not strangers to sponsoring such prestigious events however, as their annual involvement with the Money Advice Scotland Annual Conference shows.
The fact that Wescot Credit Services Ltd have no debts means they find themselves in a strong trading position. The £32 million turnover they generated in the year ending February 2012 is proof of their financial stability and sees them in an excellent position to best support their customers. This is because they are able to exceed their clients’ ongoing requirements with the sufficient capital they possess. In the last 2 years, Wescot have undertaken a significant investment programme and upgraded much of their information technology infrastructure. This allows them to provide an even better service to their clients and they now have the potential to upscale their current size by three times.
Their people are another aspect of their business that Wescot look to invest in. Their comprehensive learning and development programme means that employees are given a bespoke development plan, which looks to enhance their skills and improve career progression opportunities. One example of Wescot Credit Services Ltd’s commitment to their employees can be seen in their ‘time off work for study’ policy. This allows individuals to request time off from their working week to undertake study activities relating to courses relevant to their jobs. The company’s clients ultimately benefits too, as the people they are liaising with at Wescot are skilled and motivated, which allows them to provide the best possible service.