We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide
Claiming lost deposit under the new banking scam rules?
Comments
-
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.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
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 The 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.1 -
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.1
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 354.2K Banking & Borrowing
- 254.4K Reduce Debt & Boost Income
- 455.3K Spending & Discounts
- 247.2K Work, Benefits & Business
- 603.9K Mortgages, Homes & Bills
- 178.4K Life & Family
- 261.4K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.1K Discuss & Feedback
- 37.7K Read-Only Boards