Recent content by BenJacobs

  1. BenJacobs

    Should I reach out to these insolvency practitioners?

    That was my thought process, too. The company being liquidated is in relation to the company he purchased - but it isn't that company that the financing was given to - it was to him, personally. Not sure if that changes anything, or if it's still very much unrelated (which I feel it is, but...
  2. BenJacobs

    Should I reach out to these insolvency practitioners?

    I've recently noticed on Companies House that a creditor who currently owes me circa £120,000 is liquidating a company in relation to his debt to me. He acquired the company from me a number of years ago, and stopped paying. He has since not grown the business and is now liquidating it. I...
  3. BenJacobs

    Don't have to pay sick pay?

    It doesn't seem like this part is correct. 2 x days of gross have been taken out of the salary, rather than net. So rather than being deducted 2 x £82 (post tax take-home amount), they've been deducted 2 x £100 (pre-tax take home amount). That part doesn't add up to me?
  4. BenJacobs

    Don't have to pay sick pay?

    Thank you. It says 'It should also say in the contract or the organisation's policy whether the first 3 days of sickness absence are paid or unpaid.' - but it doesn't say either way.
  5. BenJacobs

    Don't have to pay sick pay?

    It says 'the employee shall only be entitled to receive the amount of any statutory sick pay to which they are entitled under the Social Security Contributions Act 1992' - I don't know if that refers to it being paid, or not - do you know?
  6. BenJacobs

    Don't have to pay sick pay?

    Happy new year, all. A friend of mine has just got their payslip, they had 2 days off sick in December, and have had the money taken off for those 2 days. I'd always assumed statutory sick pay was paid by the employer - is this no longer the case? Is it discretionary, or just not something...
  7. BenJacobs

    Dissolved company bank account

    Hi all, I have had a dormant company for a few years which was struck off by companies house a couple days ago. I subsequently received an email from a bank to say that company had been dissolved and the funds in the bank would now be transferred to the crown. There was c. £7,000 in the...
  8. BenJacobs

    Right to cancel online order?

    Recently ordered some skincare products from an online retailer. Completed a trial and they auto renewed a subscription. The day the funds came out of my account, I told them I didn't want the product as they wasn't working for me. They said I am not entitled to a refund or cancellation under...
  9. BenJacobs

    Belvoir franchise owners?

    I'd be very keen to know if anybody has owned a Belvoir franchise before - I'm hoping to get some direct input, as I'm looking to possibly purchase one, but would like some clarity on some questions that I feel only a previous owner of one could honestly and without smokes or mirrors give :)...
  10. BenJacobs

    Company in liquidation - thoughts?

    Thank you, good to see from the perspective of an IP. I've sent you a private message. Thanks again.
  11. BenJacobs

    Company in liquidation - thoughts?

    Nice input and feedback, and interesting points, thank you. I am actually surprised that it hasn't been purchased yet. The IP did say it had been advertised for sale for a number of months (must have been at least 6 months as it was put into liquidation before that) and that no one has come...
  12. BenJacobs

    Company in liquidation - thoughts?

    You raise some great points here, thank you. Having not dealt with this from an insolvency perspective before, and never tried to purchase something that doesn't make money or have a business attached to it, it is an interesting situation, and one where I'm really unsure on what the offer...
  13. BenJacobs

    Company in liquidation - thoughts?

    Because the company won't be generating any profit so any money put into it is my up-front expense, putting me out of pocket. It's not purchasing a money-making venture. I've requested what they believe to be their 'reasonable fee' for whatever work they're assuming they'll be doing - however as...
  14. BenJacobs

    Company in liquidation - thoughts?

    Neither do I
  15. BenJacobs

    Company in liquidation - thoughts?

    Good question, appears it has been trademarked, yes. The owner is somebody I haven't heard of, but Google has them as a trademark attorney, so guess he has been instructed by the liquidator to protect the brand in some way?
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