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If a company goes into Administration and is then taken over is a (15yr) guarantee still valid?

Here they are implying not - what is the situation in this case?
"Mayfair Brassware went into Administration in May 2019 and from July 2019 was taken over under new ownership. We can only offer a warranty on products purchased from us. "
Many thanks



Comments

  • pbartlett
    pbartlett Posts: 1,397 Forumite
    1,000 Posts Name Dropper
    not if the original company name has ceased trading. That is why insurance-backed guarantees are preferable. i assume yours wasn't ?
  • Sandtree
    Sandtree Posts: 10,628 Forumite
    10,000 Posts Fourth Anniversary Name Dropper
    RLY said:
    Here they are implying not - what is the situation in this case?
    "Mayfair Brassware went into Administration in May 2019 and from July 2019 was taken over under new ownership. We can only offer a warranty on products purchased from us. "
    Many thanks
    The company went bust, not just into administration... https://find-and-update.company-information.service.gov.uk/company/02823720

    Its assets were sold which includes its branding, if you look up the company that currently is operating the website its B & S (LEICESTER) LIMITED

    Unless the warranty was insurer backed then it died with the company. 
  • user1977
    user1977 Posts: 18,181 Forumite
    10,000 Posts Seventh Anniversary Photogenic Name Dropper
    Here "taken over" just means "the administrators sold the assets which were worth anything, and then the company was wound up". It wouldn't be normal for anybody to take on liabilities such as warranties.
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