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Claiming lost deposit under the new banking scam rules?

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Comments

  • DullGreyGuy
    DullGreyGuy Posts: 18,613 Forumite
    10,000 Posts Second Anniversary Name Dropper
    Hernie said:
    Thank you for all your responses, but I cannot see how I reply to them individually, so leave this to  
    DullGreyGuy's post

    It is exactly the same man who owns the company, using exactly the same website, trying to sell exactly the same machines, which is what I find so galling

    NOW this site says "You have to be around for a little while longer before you can post links", Grrrrr! So....... it is The Games Room Company
    Same person owning is irrelevant; there is no bar on a shareholder of a failed company not being a shareholder of another company. Insolvency may result in a director being barred from being a statutory director of another company.

    As of December 2023 their T&Cs stated the company operating the website was RVS Leisure Ltd which Companies House states started insolvency in July 2024 with a £2.5m shortfall of assets -v- liabilities.

    The website is now run by T
    he Games Room Company UK Limited which is a different legal entity to the former. The Liquidators have stated there is £73k of assets in the original company, these will include stock, the website etc and presumably have been bought by the new company. 
  • TripleH
    TripleH Posts: 3,188 Forumite
    Sixth Anniversary 1,000 Posts Name Dropper
    This is phoenixing, where a company goes into administration and the assets bought by anew company, often the same directors etc.
    Perfectly legal.
    If you can demonstrate that there was no pinball machine in the first place, you might be able to raise a complaint for fraudulent behaviour.
    Remember being an inept business person is not a crime, being dishonest is.
    May you find your sister soon Helli.
    Sleep well.
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