Floors2go Credit Note

techno_saver

Hi.
I have a credit note that predates 2008 and have been informed that due to the Compay being bought out they do not have to honour any credit pre 2008.
It's quite a large amount, over £300, I guess this information is correct, just wondered if anyone could clarify this.
Thanks.

4743hudsonj

Well when a company is bought out, the buyr has to agree to buy all of its debts too.

This means that as a creditor, they should honour the credit not providing there are no expiry dates/T&C's saying you may not

techno_saver

Thanks, no, there is no expiry date on the credit note.

DVardysShadow

4743hudsonj wrote: »

Well when a company is bought out, the buyr has to agree to buy all of its debts too.

This means that as a creditor, they should honour the credit not providing there are no expiry dates/T&C's saying you may not

Caveats:

• If the company went bankrupt and the name was bought, then the claim is with the liquidators for the bankrupt company
• If the credit note is more than 6 years old, then you may have difficulty claiming on it.

techno_saver

Thanks.
The credit note is within the six year period.
If a company is bought whilst in administration, does that class as bankruptcy.

DVardysShadow

techno_saver wrote: »

If a company is bought whilst in administration, does that class as bankruptcy.

It depends on whether the company was bought or just its name and some or all of its assets.

Perhaps you should try looking at the registration details of the company you are now dealing with to see whether it is the old company. Not sure how to do this, I'll leave it to you.

4743hudsonj

DVardysShadow wrote: »

It depends on whether the company was bought or just its name and some or all of its assets.

Perhaps you should try looking at the registration details of the company you are now dealing with to see whether it is the old company. Not sure how to do this, I'll leave it to you.

companies house? it shows previous names of companies if thats what you mean....

techno_saver

I think I'll just have to leave it. It seems Floors2go is now owned by the people who originally set it up and sold to the company in administration they bought it back from.
I don't have a clue how you would find the details of the sale, will have to take it as said from head office that they are not liable for anything pre the change of owner.
Thanks for your help.

bribri_2

Don't give up yet. Contact the MD - presumambly you are looking to spend money at Floors2go - more than 300? way more?

Go direct, explain you are delighted they are still in business, flatter flatter - Do they have many people witht he credit note - perhaps just a one -off and still want your business.

No idea about the legal side search companies house and news archives. e.g. the administrators were Kroll so you could contact them for advice.

Worth a stamp to get £300.