Flying Flowers - Beware!

texranger

and when the tax excemptions for the CI are removed next year this will hit them harder like many CI businesses

SHK_2

Does this affect Garden Bird Food Supplies too? As they're part of Flying Brands. My Mother buys bird food from them occasionally.

jnrmofo wrote: »

Flying Brands, the parent company of Flying Flowers the online flowers by post retailer have been struggling financially for many years.

They have today (15/11/2011) issued notice to the stockmarket that they may face insolvency proceedings if their banks do not agree to waive their November loan repayments.

They also acknowledge that without major new investment they will cease trading next June (2012).

Shoppers looking to send flowers this Christmas would be advised to avoid Flying Flowers at all costs as they may not be trading be Christmas and you stand to lose your money unless you have credit card protection.

In addition to that, the quality and service of Flying Flowers may not be up to standard given their poor cash flow.

The full statement to the stock exchange can be read at the Flying Brands website.

texranger

SHK wrote: »

Does this affect Garden Bird Food Supplies too? As they're part of Flying Brands. My Mother buys bird food from them occasionally.

i think it will effect all their group, but as the group itself is already segregated then it would be easier for any administrator to find buyers for each sub brand.

SHK_2

Thanks for that. I better visit the garden bird supplies and flying brands website, and have a read...