Olan Mills in Administration

michaellockwood

Didnt know where to put this, so apologise if in the wrong section.

Olan Mills went into adminstration yesterday, see:

http://www.olanmills.co.uk/?gclid=COjMtpiXlIkCFQkMEAods0VP5g

for all people that have bought packages via credit card, get in contact with your card provider to try and get your money back!!

Star

Can't believe this has happened, they have been around for years. Got over £100 in outstanding photo plans vouchers I have purchased from them which are now useless.

DaveChappelle

My sister put a £50 deposit on some photo's on monday and put them on her switch card - she is gutted!

Don't suppose anyone knows if there is a way of clawing back the money somehow?

Benson112

Sorry to put a happy note to this thread but this has to be the best news ive ever heard!! I HATE olan mills. We had 3 pics left on our plan soooo glad they have gone now!! Ive lost £15....SO WHAT!! Totally worth it to see Olan Mills go into administration.

Maybe this explains why they have phoned me 3 times in the last week trying to get my to buy a plan. Shady little punks.

Raggie

Benson112 wrote:

Sorry to put a happy note to this thread but this has to be the best news ive ever heard!! I HATE olan mills. We had 3 pics left on our plan soooo glad they have gone now!! Ive lost £15....SO WHAT!! Totally worth it to see Olan Mills go into administration.

Maybe this explains why they have phoned me 3 times in the last week trying to get my to buy a plan. Shady little punks.

very nice..

all those people lost their jobs just before xmas.. and you are pleased..

so the company may have not meet your expectations.. what about those families who were expecting a happy christmas.

some time people just make me want to @!!!!!@@@@@

nicky7175

im lucky i receieved my photos last week having spent over £200

michaellockwood

yes i know alot of the staff are gutted, esp since they are not going to get paid for last week and this week, most were counting on this pay for xmas

lmcg123cat

!!!!!!!! just gave them £200 on Monday.......debit visa straight out of the bank

goggins1977

I cant believe this,i have spent a fortune with the company over the past 2 years,i feel sorry for all the staff who have lost their jobs just before xmas

morganb

This explains the five phone calls I've had in the last fortnight.

MrsDivaD

I know this isn't the right thread so am hoping someone can move it for me. Just to let you know, this is taken from the Olan Mills website



14 December 2006

Olan Mills Holdings Ltd

Olan Mills Ltd (both in administration) (“the Companies”)

Richard Philpott and Myles Halley both of KPMG LLP were appointed in the High Court as Joint Administrators to the Companies on Thursday 14 December 2006.

Following an initial review of the business and its finances, the administrators regret to inform you that the Companies are unfortunately no longer able to continue trading. All stores have now closed and we are unable to fulfil any outstanding orders or appointments.

The administrators are also unable to make any refunds of monies paid. If you are owed money by either of the companies you will need to register your claim by writing to the administrators at 2 Cornwall Street, Birmingham, B3 2DL giving details of the amount you have paid.

At this stage we do not anticipate that any funds will be available to enable a distribution to unsecured creditors.

Customers requiring any further information should call customer services on 08457 585351.

The Company is now in Administration. Myles Halley and Richard Philpott from KPMG LLP have been appointed as Joint Administrators on 14 December 2006.

Question. I have paid a deposit/paid in full and I have not yet received my photographs. How do I get my photographs?
Answer. Regrettably Olan Mills is in Administration and we are at this stage still looking at whether we can fulfil orders where photos have been taken but not yet completed and sent out. Further information on whether we will be able to do this will be posted on the website in due course.

Question. I have paid a deposit/paid in full and I have not yet received my photographs. Can I have a refund?
Answer. Regrettably Olan Mills is in Administration and we cannot offer to refund money. Your claim is classed as an unsecured creditor claim and you will need to register your claim. This can be done by writing to the administrators at 2 Cornwall Street, Birmingham, B3 2DL giving details of the amount you have paid. We do not anticipate funds being available to pay any dividends to unsecured creditors.

Question. I have a “club plan” with Olan Mills, can I get a refund?
Answer. Olan Mills is in Administration and we cannot offer to refund money. Your claim is classed as an unsecured creditor claim and you will need to register your claim. Register your claim by writing to the administrators at 2 Cornwall Street, Birmingham, B3 2DL giving details of the amount you have paid.

We do not anticipate funds being available to pay any dividends to unsecured creditors.

We are in discussions with The Masters Photographers Association to try and ensure that a mechanism is in place to fulfil club plans. Please visit their website on https://www.thempa.com for further information.

The directors have placed monies on trust for club plans opened since 12 November 2006. It is anticipated that independent trustees will be appointed in due course, and a process established to enable claims to be made against this trust. Further information will appear on the website.

Question. I paid by Credit Card, what do I do?
Answer. Contact your Credit Card issuer, for claims over £100.

Question. I paid by Debit Card, what do I do?
Answer. Your claim will be unsecured and you should write to the administrators with details of your claim.

Question. My Credit Card Company requires a letter confirming that the photographs will not be delivered.
Answer. We are unable to provide such a letter but there is a notice on the website confirming the appointment of the administrators.

Question. When are your stores closing?
Answer. All stores have already closed.

Question. I have a Olan Mills Gift Voucher, can I use it?
Answer. The company has ceased trading and regrettably vouchers are therefore no longer valid and cannot be redeemed (Customers may write and register themselves as unsecured creditor).

Question. Customer unhappy with answers and states they will issue a summons.
Answer. Paragraph 43 (6) of schedule B1 of the Insolvency Act 1986 states that ''...no proceedings and no execution or other legal process may be commenced or continued, and no distress may be levied, against the company or its property except with the consent of the administrator or the leave of the court....'' The joint administrators do not consent to any action that you may have commenced or may be contemplating.

As you are aware, the Company is now in administration and therefore its actions are strictly governed by UK insolvency law. As agents of the Company, appointed by the High Court, it is now our duty to ensure that all unsecured creditors are treated the same. UK insolvency law states that an individual unsecured creditor of the Company cannot be preferred and paid independently of others within that class. Consequently, I am unable to make any level of payment to you individually or to any other unsecured creditor.

Richard James Philpott and Myles Anthony Halley were appointed joint administrators of Olan Mills Holdings Ltd and Olan Mills Ltd on 14 December 2006.

The affairs, business and property of the companies are being managed by the joint administrators. The joint administrators act as agents of the company and contract without personal liability

Richard James Philpott is authorised to act as an insolvency practitioner by the Insolvency Practicioners Association Myles Anthony Halley is authorised to act as an insolvency practitioner by the Institute of Chartered Accountants in England & Wales