Family & Relationships0 min ago
Company won't pay...help
I am a sole trader who has been doing some work for a company who owe 5 invoices totalling approx �1100 from as far back as last June. The director has now told me that the company has ceased to trade and that I need to speak to her accountant. I have emailed him and he says that it is to early to judge whether I will get paid as information is being collected.The Companies house website does not show any status of the company as regards liquidation etc.
What is the best thing I can do next..... small claims court?
This is a lot of money to me and I cannot afford to lose it, but not knowing the official staus of the company is holding me back.
Any help would be well appreciated.
Ian
What is the best thing I can do next..... small claims court?
This is a lot of money to me and I cannot afford to lose it, but not knowing the official staus of the company is holding me back.
Any help would be well appreciated.
Ian
Answers
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I assume youre dealing with a Limited Company?
You need to find out, in writing, the status of the Company - whether its in Administration, being Liquidated or just being wound up (or none of these).
If it's Administration you will possibly get your money. If in Liquidation it's unlikely you'll get anything. If it's being wound up then you should get paid.
I dont think going to the Small Claims Court at present will do any good (as it will cost you more money) until youre sure of the status.
Also, I think you need to actually speak to this accountant to make sure this isnt just a ploy to delay or not pay you.
Of course, the moral is not to let credit arrangements go this far adrift (but you know that now). Always state your terms and if the customer isnt paying then you dont do any more work until you get paid.
You need to find out, in writing, the status of the Company - whether its in Administration, being Liquidated or just being wound up (or none of these).
If it's Administration you will possibly get your money. If in Liquidation it's unlikely you'll get anything. If it's being wound up then you should get paid.
I dont think going to the Small Claims Court at present will do any good (as it will cost you more money) until youre sure of the status.
Also, I think you need to actually speak to this accountant to make sure this isnt just a ploy to delay or not pay you.
Of course, the moral is not to let credit arrangements go this far adrift (but you know that now). Always state your terms and if the customer isnt paying then you dont do any more work until you get paid.
Only 1 answer
