Shelby Finance Ltd – in Administration

Ed Boyle and Rob Spence of Interpath Ltd were appointed as Joint Administrators (“the Joint Administrators”) of Shelby Finance Limited (“Shelby Finance”, or the “Company”) by the Company’s directors on 17 November 2023 (the “Administration”).

Shelby Finance trades under the name Dot Dot Loans and previously provided short-term online loans to consumers. Shortly prior to the appointment of the Joint Administrators, all new lending ceased.

Customer Loan Book legal assignment process

On 8 March 2024, the Joint Administrators legally transferred part of the Shelby Finance book of outstanding customer loans to Lantern. If your loan(s) has been legally assigned to Lantern, you should have received an email from the Lantern to confirm this on or around 8 March 2024. Lantern is now responsible for the managing of credit files for the loans that they have taken legal assignment of.

The remaining loan book that was not legally assigned to Lantern has been written off in full and no further payments are required to Morses Club against these loans with effect from 7 March 2024. You should have received an email or letter from Shelby Finance advising you of such. Your Credit Reference Agency records will be updated within 56 days to reflect your loan being written off.

For further information, please refer to the Customer FAQs which can be found below.

Dividend payments

The Joint Administrators advise that no dividend is to be paid to unsecured creditors in the Administration.

If you have amounts due to you from the Company as at the date of appointment, you can register a claim by completing a proof of debt form.

Proof of debt form

Please send your completed proof of debt form, together with supporting documentation, by email to the case contact or by post to:

Shelby Finance Ltd – in Administration
C/o Interpath Advisory
5th Floor
130 St Vincent Street
Glasgow G2 5HF

Supporting documentation for your claim includes invoices, statements of account, proofs of delivery, contracts or any other relevant information.

Robert Thomas Spence and Edward George Boyle are authorised to act as insolvency practitioners by the Institute of Chartered Accountants in England & Wales.

We are bound by the Insolvency Code of Ethics.

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