customer in liquidation

[Bomten]

Hi all,

Wondered if anyone could help -
I received an order today from an old customer - I just get a small occasional order from them. i noticed that the customers business name had changed from eg, AB Ltd to BA Ltd. Anyway he paid for the order with a debit card and asked for the order to be sent to the usual address.

I have checked on Companies House and AB Ltd is mark as "in liquidation" and a new company BA Ltd was set up 5 days ago.

Since I've been paid - do I need to worry??? can he make a chargeback claim? By the way I changed to invoice name to the new company name.

Any comments will be appreciated.

Regards

B

 

[steelwithnoe]

It *appears* as though he/she/it has done a "phoenix". It is where one company fails and the director sets up another in order to continue trading in a similar name.

If you weren't owed anything by the old business then I shouldn't worry, although if you are on personal terms with the director it may be worth having a chat about it and just use due diligence when dealing with him in the future incase the same thing happens to the new business.

 

[Bomten]

thanks Steelwithnoe, I've sent the order - and will keep an eye on them - just feel sorry for the poor guys they have most likely left up the creek!! -

B