L.Doubtfire - The Blade Runner

  • Posts: 822
Company Possibly Gone `Bust`/ Money Owing
« on: July 06, 2011, 05:29:23 am »
Just wondered what some of you fella`s do here.
Been doing this small commercial job for around
8 years now.Goes back the other day to finish off
And hopefully get paid and all the doors have the
Shutters down and locked.They have before had the
Receivers in and when I phone I just get the `this
Number is temporally unavailable`message.Lovely
Company/firm to work for,it ain`t big money whats
Owed.How do I find out whats going on ?

Thanks for replies,


Lewis  Doubtfire
L. Doubtfire
Window Cleaner

Dale Smith

  • Posts: 491
Re: Company Possibly Gone `Bust`/ Money Owing
« Reply #1 on: July 06, 2011, 05:42:10 am »
It's happened to us a couple of times mate ... we just let it go ... after a bit of digging...
Swindon, Wiltshire.

g newton

Re: Company Possibly Gone `Bust`/ Money Owing
« Reply #2 on: July 06, 2011, 06:21:36 am »
It's happened to us a couple of times mate ... we just let it go ... after a bit of digging...

recievers should contact all thoes owed --if your legit ok if cash in hand keep stum
have a meeting with all parties fill im a few forms and then wait
any assets sold and divied up minus all fees etc etc
aint worth it you end up with a few quid if your lucky

Londoner

Re: Company Possibly Gone `Bust`/ Money Owing
« Reply #3 on: July 06, 2011, 06:51:10 am »
no hope, in reality

Pope vader

  • Posts: 1944
Re: Company Possibly Gone `Bust`/ Money Owing
« Reply #4 on: July 06, 2011, 07:23:05 am »
there should be a notice in the window naming the receiver if they ahve gone bust, contact them telling them how much you are owed and then forget about the money as you will be lucky if you get any thing

H S and Son

Re: Company Possibly Gone `Bust`/ Money Owing
« Reply #5 on: July 06, 2011, 08:25:55 am »
Unpaid works can be put down as a tax loss in your tax-return. Thats the most you will likely get out of this, a reduction in your tax bill.

Paul Coleman

Re: Company Possibly Gone `Bust`/ Money Owing
« Reply #6 on: July 06, 2011, 08:58:08 am »
It's not too uncommon for non-preferential creditors to get about 10% of what they are owed but it's often nothing at all.
Unpaid employee wages and redundancy pay have to be met in full from selling the assets.  I believe HMRC get all their money too (if there's enough).  After that come the rest of us.
Indeed, it is often the case that the wages and redundancy pay aren't even paid from sale of assets.  When there's not enough for this, the state steps in and pays it (it is capped).
So if you think it's worth doing the paperwork for a small possibility of getting 10% in a couple of years time then go for it.  Otherwise don't bother.
Of course the receiver gets their fee too.
You say that the receivers were called in quite a while ago.  If you were working for the company while it was in receivership (effectively working for the receivers), you may still be able to get all you are owed because it's the receivers who owe you rather than the company.  This sort of thing can happen.  I worked (as a PAYE employee) for a company in receivership for two years once.  All supplies delivered were paid for by the receiver at the time of delivery.  So maybe you ought to have insisted on payment on the day (from the receiver) when you cleaned.

L.Doubtfire - The Blade Runner

  • Posts: 822
Re: Company Possibly Gone `Bust`/ Money Owing
« Reply #7 on: July 06, 2011, 11:26:52 am »
It`s a shame,I like the company,their motto is imprinted in all
The glass.They`ve changed locations 3 times in 8 years always
Phoned me to go do their new place.
I still keep getting updates regarding their first time the recievers
Were called in.It`s only ever happened to me once before and I
Did get a decent amount owed.That’s years ago now though.A much
Bigger company as I recall.I`m still hoping they may start up again.


Lewis  Doubtfire
L. Doubtfire
Window Cleaner