Pay the Liquidator or the Company or neither?
Pay the Liquidator or the Company or neither?
Author
Discussion

Wozy68

Original Poster:

5,436 posts

200 months

Tuesday 8th November 2016
quotequote all
Nothing to see here. Some great advice (thanks), mixed with people far cleverer than a mere woodworker. ....


Edited by Wozy68 on Tuesday 8th November 19:39

stupidbutkeen

1,025 posts

185 months

Tuesday 8th November 2016
quotequote all
If it was me I would ring the liquidators makeing sure I got proper written conformation from whoever is handling this case.

Actus Reus

4,312 posts

185 months

Tuesday 8th November 2016
quotequote all
I'd speak to the liquidator first hand and see what's up - they're in charge now and if a former employee is looking to rip the company off, they'd want to know about it. Details of the appointment might be found at Companies House (happy to look for you if you're not sure how).

AnotherGuy

841 posts

278 months

Tuesday 8th November 2016
quotequote all
As an aside - you may also be in a position to negotiate a discount from invoice.

I bought a substantial item (B2B) from a supplier that went bust during installation of said item. I argued that the item was now worth less as I no longer had a warranty or manufacturer parts supply. I paid around 60% of invoice value to the liquidators.


RM

686 posts

127 months

Tuesday 8th November 2016
quotequote all
A supplier of ours went bust some years ago, with us owing them around £8K. The IP readily accepted £800 in settlement. It wasn't actually the good deal that it sounds, as their going bust left us with serious problems, but the discount softened the blow somewhat.

Get the name of the IP and ring them directly, you should find them very friendly.

48k

17,562 posts

178 months

Tuesday 8th November 2016
quotequote all
It would have taken you less time to phone the liquidator and get the correct answer than to have typed all that to ask the question to random strangers on the internet.

These kind of threads boggle my mind! rolleyesconfused

Wozy68

Original Poster:

5,436 posts

200 months

Tuesday 8th November 2016
quotequote all
48k said:
It would have taken you less time to phone the liquidator and get the correct answer than to have typed all that to ask the question to random strangers on the internet.

These kind of threads boggle my mind! rolleyesconfused
The point is that I didn't know quite what to ask them and the thought of no warranty/and because of this hadn't really crossed my mind but makes absolute sense, lastly I hadn't realised a possible reduction was possible.
The company are not just liquidators either and this is all well out of my territory of knowledge. It mainly confused me as it isn't the liquidater doing all the running. But thanks anyway.

Thanks for all your responses, it's much appreciated, I feel in a far stronger and straighter position now. I'll call them in the morning. smile

LordHaveMurci

12,338 posts

199 months

Tuesday 8th November 2016
quotequote all
Agree with advice above, contact the liquidators & look for a substabtial discount assuming you'll be losing warranties?

AyBee

11,347 posts

232 months

Tuesday 8th November 2016
quotequote all
stupidbutkeen said:
If it was me I would ring the liquidators making sure I got proper written confirmation from whoever is handling this case.
I'm staggered that the OP has taken to posting on PH over any other options - this is quite obviously the answer!!