Recent content by mtools

  1. mtools

    Order From Billion Pound Company

    There's nothing in the contract either way, it was domething we discussed in person and was ok'd, then further up the chain they have gone back on this. I would probably do the same in their situation - who wants to have their suppliers tell everyone they make products for company x if company x...
  2. mtools

    Order From Billion Pound Company

    they wouldn't need to show our product to foreign manufacturers, as foreign manufacturers already produce our product and have done for 40-50 years. the USP we have is firstly it's a british made product and it's made from some of the world's best materials (the material quality also plays a...
  3. mtools

    Order From Billion Pound Company

    to be fair we've had a fair few people come down to see us, the first person to contact was their technical director, we've then had 6 or 7 of them come down over various visits, including head of QA and Ethical Manager, so i'm pretty certain it's not some low level person trying to show off...
  4. mtools

    Order From Billion Pound Company

    do you not think the size of the company is relevant when one party is much smaller; given the fact they can throw their weight around?
  5. mtools

    Feeling a bit deflated

    Hi emma paid advertising is becoming increasingly difficult to turn a profit on. I would strongly recommend trying to build your brand and ecommerce store through free content marketing on social media. Video of you talking to the camera is a MUST. You can talk about anything related to your...
  6. mtools

    Order From Billion Pound Company

    This is what i've been worrying about; the order would be around £100k, they factor this to cover 6 months of stock; however the numbers quoted are less than we sell in 6 months for this unit and we're nowhere near the size of them. I would envisage them ordering at least £100k every 2 months...
  7. mtools

    Order From Billion Pound Company

    i'm not giving them credit thankfully; that was a hard no from me at the start. For the first order of £6k they paid 50% deposit then 50% prior to dispatch. thank god i did as it took 2 weeks after the payment date to finally get the balance paid, thankfully we had held onto the goods and will...
  8. mtools

    Order From Billion Pound Company

    appreciate the feedback, especially from someone who's been in a similar position. for reference, my cost is x, i am offering them at just under 2x, they will then sell them at more than 4x, they should clear a profit of 2x, minus some costs. I think they can weigh up whether they're being...
  9. mtools

    Order From Billion Pound Company

    Hi all So we've been working with a company that is valued at over £1bn for a few months, developing some products for them. We are the only UK manufacturer of these products, so they cannot easily order a product from another UK based company. We've so far had a few small orders over a few...
  10. mtools

    Klarna payments

    This is basically my story too. We make custom weightlifting belts, they sell for £120-£300 abour 50% to USA, 30% to uk and the rest to the rest of the world. We’ve not seen an uptake in orders since adding Klarna and AOV is the same. I’ll probably drop it after Christmas because it just eats...
  11. mtools

    VAT Return With COVID-19

    Thanks Adam! I have a return due on 5th that covers June 2019 to Feb 29 2020. HMRC messes up my MTD switch over (their words) and so I was going to complete one return that comprised 3, so I guess I’m lucky if I don’t have to hand over the money until next year. Do you know what would happen for...
  12. mtools

    Coronavirus: should order dispatch stop if virus suspected?

    I had a message from Royal Mail on the click and drop login to say they’d had guidance from Public Health England that there was no evidence that the virus could be passed on through post and that the lifetime of the virus was only a few hours on letters and parcels.
  13. mtools

    VAT Return With COVID-19

    So from the chancellors announcement last week businesses won’t have to pay their VAT due now until end of June and any VAT on sales from now until end of June won’t have to be paid until next year (I think it’s Feb 2021 isn’t it?). Not sure on the exact dates; my question is: - I have a return...
  14. mtools

    Money back from online advert?

    Distance Seller Regulations was superseded by Consumer Contract Regulations and B2B is exempt. No refund is required by law.
  15. mtools

    Waste Renewal Contract Auto Renewing - Legal?

    Hi all I've been with veolia for just over 2 and a half years and am looking to end my agreement with them. I've just been told that my contract auto renews every 12 months, so i have effectively been in my new contract since November 2017. If I want to leave my contract they say I need to pay...
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