Collection House (CLH)

Shares / Stock Code

CLH

Stock Exchange / Sharemarket

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Collection House (CLH) is a leading receivable management Company providing services to corporate and government clients throughout Australia and New Zealand. The Company listed on the Australian Stock Exchange on 4 October, 2000. CLH focuses its development activities through three segments: Contingent Collection Services and Account Asset Management. Contingent Collection Services segment is involved in the earning of commissions on the collection of debts for its clientele. Account Asset Management collects debts from client ledgers acquired by the Company. Collection house sold its Credit Reporting segment during the fiscal 2008. In fiscal 2008, the Company also completed the sale of its Australian Business Research Pty Ltd, National Tenancy Database Pty Ltd, National Revenue Corporation Pty Ltd and Insurance Claims Solutions Pty Ltd. Collection House maintains sound business relationships with leading Australian and international banks, financial institutions, insurance houses, large corporations, public utilities and governments. CLH is strongly committed to provide the highest standards of integrity and honesty in business. Its goal is to become a market leader in account receivable management industry, through provision of outstanding quality and innovative services and by maintaining an optimal growth level in sales revenue and profit earnings on behalf of its stakeholders. The success of the Company is centered around its effective and innovative receivables management solutions, latest technology and systems; and provision of its quality collection services in an efficient and cost effective manner that focuses on the requirements of its business partners.

Collection House History

CLH was founded in 1992 with a focus on providing accounts receivable management services. From 1995 to 2000 the Company has made a number of acquisitions and established a widespread network of agencies throughout Australia and New Zealand. Collection House listed on the Australian Stock Exchange in October 2000.