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-   -   Hein gericke (http://forums.sv650.org/showthread.php?t=175063)

Hornstar 12-02-12 05:59 PM

Re: Hein gericke
 
I work for the Insolvency Service (government department dealing with insolvencies) and I will check our system tomorrow but from the information I can check at weekends Hein Gericke (UK) Ltd is not in any type of insolvency (Administration, Compulsory/Voluntary Liquidation).

They could of course be filing for it shortly but that would not happen on a weekend and the website would have to reflect that. In addition the notice of Administration will have to be filed at Companies House, which it isnt.

Hornstar 12-02-12 06:13 PM

Re: Hein gericke
 
Quote:

Originally Posted by ogden (Post 2661841)
So the right thing to say, if anything, would be "if you're going to order online from HG, use a credit card, not a debit card". You still get to spread the rumour, but you get to throw a bit of consumer advice in there to take the edge off it. Everyone's a winner!

I think the rules state that this is only true if your spending between £100 and £30,000 on a single item. Any single item under £100 or over £30,000 isn't protected by S.75 of the Consumer Credit Act.

Just thought I would clarify that as some items will be being purchased that are under £100 and thus the protection doesn't apply.

shonadoll 12-02-12 06:15 PM

Re: Hein gericke
 
Quote:

Originally Posted by Hornstar (Post 2661954)
I think the rules state that this is only true if your spending between £100 and £30,000 on a single item. Any single item under £100 or over £30,000 isn't protected by S.75 of the Consumer Credit Act.

Just thought I would clarify that as some items will be being purchased that are under £100 and thus the protection doesn't apply.

That's really useful I didn't know that, thank you!

ogden 12-02-12 06:15 PM

Re: Hein gericke
 
Quote:

Originally Posted by Hornstar (Post 2661954)
I think the rules state that this is only true if your spending between £100 and £30,000 on a single item. Any single item under £100 or over £30,000 isn't protected by S.75 of the Consumer Credit Act.

Just thought I would clarify that as some items will be being purchased that are under £100 and thus the protection doesn't apply.

Sure, but the post was in reply to one talking about spending three hundred quid or more. If I was down less than a hundred notes on bits for a motorcycle that never turned up, I'd try not to let it ruin my day too much.

Hornstar 12-02-12 06:27 PM

Re: Hein gericke
 
Quote:

Originally Posted by ogden (Post 2661958)
Sure, but the post was in reply to one talking about spending three hundred quid or more. If I was down less than a hundred notes on bits for a motorcycle that never turned up, I'd try not to let it ruin my day too much.

No of course but if you order 5 things that total say £450 but each individual item costs £90 then your credit provider may state that no individual item is over £100 and thus your not covered. I think we all know what these large corporations are like when it comes to putting their hands in their pockets.

Don't take this as gospel though, I am just stating what the legislation says and that it is worded as "a single item". Legislation can be interpreted differently by many people and so it depends on how the credit provider interprets the wording of the legislation.

TBH, its all a mute point at the moment as Hein Gericke (UK) Ltd is not in any form of insolvency procedure, although they could be tomorrow or the next day. I'll have a look on our system and update here tomorrow.

EssexDave 12-02-12 07:24 PM

Re: Hein gericke
 
Quote:

Originally Posted by Hornstar (Post 2661947)
I work for the Insolvency Service (government department dealing with insolvencies) and I will check our system tomorrow but from the information I can check at weekends Hein Gericke (UK) Ltd is not in any type of insolvency (Administration, Compulsory/Voluntary Liquidation).

They could of course be filing for it shortly but that would not happen on a weekend and the website would have to reflect that. In addition the notice of Administration will have to be filed at Companies House, which it isnt.


But administrations don't show on iscis? I didn't think CVAs/CVLs did either unless they were passed to IES but I may be wrong..

Hornstar 12-02-12 07:35 PM

Re: Hein gericke
 
Quote:

Originally Posted by EssexDave (Post 2661974)
But administrations don't show on iscis? I didn't think CVAs/CVLs did either unless they were passed to IES but I may be wrong..

Yes they do show on iscis. the ips have to submit dreturns and so will have an NCL prefix. In any event the notice will be filed on CH. I think they are on iscis for the financial side as well.

EssexDave 12-02-12 07:42 PM

Re: Hein gericke
 
Quote:

Originally Posted by Hornstar (Post 2661978)
Yes they do show on iscis. the ips have to submit dreturns and so will have an NCL prefix. In any event the notice will be filed on CH. I think they are on iscis for the financial side as well.


Insolvency service is no longer dealing with IP estate accounting? Wasn't this released as part of the cuts? I don't know and to be honest don't care as it's never something we deal with, regardless, going into adminstration, and being in administration are two completely separate things and I'm not convinced HG are either.

Definately grateful for the post though as in future it could be the case that someone gets stung and wishes someone had said something before the event.

Hornstar 12-02-12 07:49 PM

Re: Hein gericke
 
Quote:

Originally Posted by EssexDave (Post 2661981)
Insolvency service is no longer dealing with IP estate accounting? Wasn't this released as part of the cuts? I don't know and to be honest don't care as it's never something we deal with, regardless, going into adminstration, and being in administration are two completely separate things and I'm not convinced HG are either.

Definately grateful for the post though as in future it could be the case that someone gets stung and wishes someone had said something before the event.

You may be right about the financial side. im not 100% sure. i remember the delays in fixing the iscis errors were due to the estate accounts side (was a floorwalker for my office but am no more thank god!) so again i don't know!

I think your right about hein gericke. doesn't look like either applies to them. time will tell i guess. will be a shame if the do go but i suspect whatever happens the brand will stay on as it will get sold on as is the case with most admins.

EssexDave 12-02-12 07:52 PM

Re: Hein gericke
 
Pre-pack as always.


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