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advertising problems, please help my companys in trouble !!!
absolute_plastering
Posts: 1 Newbie
Hi, i'm richard. i'm a plasterer and i run a small, sole trader partnership company with my friend john and for a while now we have advertised with yellow pages.
last summer we renewed our contract with yellow pages and also took out a website with them all for one price.
The service we recieved with them was less than satisfactory to say the least, we were told we would have a professional website built all in our company design including logo, pictures ect. This never happened. we were left with a website designed by a 3 year old and after countless contact with them nothing ever got sorted so we basically gave up.
As i'm sure your aware when the reccession came it hit everyone hard and we were no exeption, during november and december we had no work at all and were left with mounting company and personnel bills to pay and with no income. due to this we missed a payment with yell and thats where it all started. we spoke to yell about our situation and continued as normal expecting them to incorporate this into our payments and heard nothing from yell in the way of any problems ect until now.
yesterday we recieved a letter from a debt recovery agency requesting we pay the owed amount in full or they would apply for us to go into a state of insolvency (bankrupcy). The amount is £4,621.20 which we are not in any position to pay. For the last 5 months we have scraped by each month just working and earning enough to pay our bills with no personnel pay and now were back to no work again. we need help as this will finish us if action is taken against us.
Cheers, Absolute plastering
last summer we renewed our contract with yellow pages and also took out a website with them all for one price.
The service we recieved with them was less than satisfactory to say the least, we were told we would have a professional website built all in our company design including logo, pictures ect. This never happened. we were left with a website designed by a 3 year old and after countless contact with them nothing ever got sorted so we basically gave up.
As i'm sure your aware when the reccession came it hit everyone hard and we were no exeption, during november and december we had no work at all and were left with mounting company and personnel bills to pay and with no income. due to this we missed a payment with yell and thats where it all started. we spoke to yell about our situation and continued as normal expecting them to incorporate this into our payments and heard nothing from yell in the way of any problems ect until now.
yesterday we recieved a letter from a debt recovery agency requesting we pay the owed amount in full or they would apply for us to go into a state of insolvency (bankrupcy). The amount is £4,621.20 which we are not in any position to pay. For the last 5 months we have scraped by each month just working and earning enough to pay our bills with no personnel pay and now were back to no work again. we need help as this will finish us if action is taken against us.
Cheers, Absolute plastering
0
Comments
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hi
I'm afraid I have no advice for you, but would suggest you put this on the detb free section. A lot more people read that forum, and you may get more "hits"on there.
goodluckLBM-2003ish
Owed £61k and £60ish mortgage
2010 owe £00.00 and £20K mortgage:D
2011 £9000 mortgage0 -
Don't panic too quickly - they may be threatening you with insolvency to try to scare you, but they might not be too keen to go down that route. Have you phoned the business debt line?
http://www.bdl.org.uk/index.asp0
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