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captain cab
 Post subject: Connect Point UK
PostPosted: Mon Nov 02, 2009 8:03 pm 
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Connect Point UK

Statement dated 2nd November 2009

It is with gravest regret and sincere apologies that Connect Point UK finds itself in a position whereby it will be unable to trade solvently and as such has ceased trading with immediate effect.

A number of forces have placed us in this position including immense competitor pressure which forced us into reducing our prices and terms/conditions combined with unending pressure from suppliers whose demands where for payment well ahead of those we were experiencing from our clients.

As anyone in business is aware, cash flow is king and when your personal sources have dried up there is nowhere else to go to meet the void created by late or delayed incoming payments and the need to make outgoing payments. Once again this is the trap we find ourselves in.
Our management team has attempted this afternoon to provide a short term solution to clients who will provide them with continuity through non-related sources; this short term solution is in no way connected to Connect Point UK.

In order to safeguard the current financial position of the company and to prevent incurring any more supplier costs we have take the decision that it would be in no ones interest to continue and incur these additional costs. This also means that no further supplier payments will be made pending any future appointment.

Outstanding amounts owed to Connect Point UK will be pursued in line with agreed terms with clients and we expect these to be settled in full as the services were legitimately delivered in full.

The company will therefore cease trading with immediate effect and focus on collecting outstanding amounts due in order to endeavor to meet its creditor’s demands.

A skeleton level of staffing will voluntarily remain to see through the final requirements; however it is unlikely that they will be in a position to deal with creditors calls, a further communication will be made to creditors once we are in a position to do so.

Kevin Dean
Managing Director
Connect Point UK

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Sussex
 Post subject: Re: Connect Point UK
PostPosted: Mon Nov 02, 2009 8:06 pm 
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captain cab wrote:
It is with gravest regret and sincere apologies that Connect Point UK finds itself in a position whereby it will be unable to trade solvently and as such has ceased trading with immediate effect.

Is this the new firm or the old firm packing up?

And if it's the former how many mugs signed up and got re-shafted? :?

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IDFIMH
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skippy41
 Post subject:
PostPosted: Mon Nov 02, 2009 8:16 pm 
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Location: Scotland
Who are they???
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captain cab
 Post subject: Re: Connect Point UK
PostPosted: Mon Nov 02, 2009 8:16 pm 
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Sussex wrote:
captain cab wrote:
It is with gravest regret and sincere apologies that Connect Point UK finds itself in a position whereby it will be unable to trade solvently and as such has ceased trading with immediate effect.

Is this the new firm or the old firm packing up?

And if it's the former how many mugs signed up and got re-shafted? :?


Connect Point replaced Fraser Eagle.......I think lots of people will have got sha*ted

CC

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Think of how stupid the average person is, and realize half of them are stupider than that.
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grandad
 Post subject: Re: Connect Point UK
PostPosted: Mon Nov 02, 2009 8:18 pm 
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captain cab wrote:
Sussex wrote:
captain cab wrote:
It is with gravest regret and sincere apologies that Connect Point UK finds itself in a position whereby it will be unable to trade solvently and as such has ceased trading with immediate effect.

Is this the new firm or the old firm packing up?

And if it's the former how many mugs signed up and got re-shafted? :?


Connect Point replaced Fraser Eagle.......I think lots of people will have got sha*ted

CC


Jeez that didn't take long!

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Grandad,
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Nigel
 Post subject: Re: Connect Point UK
PostPosted: Mon Nov 02, 2009 8:31 pm 
Sussex wrote:
captain cab wrote:
It is with gravest regret and sincere apologies that Connect Point UK finds itself in a position whereby it will be unable to trade solvently and as such has ceased trading with immediate effect.

Is this the new firm or the old firm packing up?

And if it's the former how many mugs signed up and got re-shafted? :?


Quite a few of them I suppose.
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bloodnock
 Post subject: Re: Connect Point UK
PostPosted: Mon Nov 02, 2009 9:07 pm 
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captain cab wrote:
Sussex wrote:
captain cab wrote:
It is with gravest regret and sincere apologies that Connect Point UK finds itself in a position whereby it will be unable to trade solvently and as such has ceased trading with immediate effect.

Is this the new firm or the old firm packing up?

And if it's the former how many mugs signed up and got re-shafted? :?


Connect Point replaced Fraser Eagle.......I think lots of people will have got sha*ted

CC


What kind of work were they or Fraser eagle into ?
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captain cab
 Post subject: Re: Connect Point UK
PostPosted: Mon Nov 02, 2009 9:19 pm 
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bloodnock wrote:

What kind of work were they or Fraser eagle into ?


Apart from shafting cab drivers and coach companies? :wink:

Rail replacement work

CC

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Stationtone
 Post subject:
PostPosted: Mon Nov 02, 2009 9:25 pm 
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Location: SCOTLAND
CONNECT POINT UK LTD
PENDLE COURT 4 MEAD WAY
SHUTTLEWORTH MEAD BUSINESS PARK
PADIHAM BURNLEY
LANCASHIRE
BB12 7NG
Company No. 04004048





Status: Dissolved 13/10/2009
Date of Incorporation: 30/05/2000

Country of Origin: United Kingdom

Company Type: Private Limited Company
Nature of Business (SIC(03)):
7487 - Other business activities

Accounting Reference Date: 31/05
Last Accounts Made Up To: 31/05/2007 (DORMANT)
Next Accounts Due:
Last Return Made Up To: 30/05/2008
Next Return Due:

Last Members List: 30/05/2008

Previous Names:
Date of change Previous Name
02/08/2000 ADVICEBEAM LIMITED
12/09/2007 DEPARTURES (UK) LIMITED
19/02/2009 FRASER EAGLE BUSINESS SOLUTIONS LTD
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MR T
 Post subject:
PostPosted: Mon Nov 02, 2009 9:32 pm 
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UK Office: Suite 5 | Ribble Court | Shuttleworth Mead Business Park | Padiham | Lancashire | BB12 7NG

Malta Office: Level 3 l Suite 3 l The Cornerstone Complex l 16 September Square l Mosta l MST1180



Office Tel: 08448 542610

Office Fax: 08448 542611

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Justice for the 96. It has only taken 27 years...........repeat the same lies for 27 years and the truth sounds strange to people!
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grandad
 Post subject:
PostPosted: Mon Nov 02, 2009 9:49 pm 
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How soon will they be back again?

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Grandad,
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MR T
 Post subject:
PostPosted: Mon Nov 02, 2009 9:50 pm 
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grandad wrote:
How soon will they be back again?

Depends on how fast they can spend the money :wink:

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Justice for the 96. It has only taken 27 years...........repeat the same lies for 27 years and the truth sounds strange to people!
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Stationtone
 Post subject:
PostPosted: Mon Nov 02, 2009 10:03 pm 
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floating charge agreement ,doese anyone know what this means when a company has this. :?:
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grandad
 Post subject:
PostPosted: Mon Nov 02, 2009 10:31 pm 
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stationtone wrote:
floating charge agreement ,doese anyone know what this means when a company has this. :?:


http://www.encyclo.co.uk/define/Floating%20charge

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Grandad,
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captain cab
 Post subject:
PostPosted: Mon Nov 02, 2009 10:41 pm 
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grandad wrote:
stationtone wrote:
floating charge agreement ,doese anyone know what this means when a company has this. :?:


http://www.encyclo.co.uk/define/Floating%20charge


I guess it means connect point dont lose :sad:

CC

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