Keynote Educational Non payment of invoice
Posted 17 August 2012 - 07:46 PM
I'm going to be very careful here to present only facts so as not to render myself or the Blue Room moderators libel, in the hope that this thread can stay open and visible to as many as possible.
At the end of April I undertook work for Keynote Educational Limited on a conference nearby. I didn't charge anything like enough for it and now regret it! It was pretty straightforward - a few radio mics in my regular venue and a bit of playback. Invoice issued a couple of days before the event at their request. My payment terms are 30 days.
At 25 days I issued a polite reminder that the invoice was due. No response. A couple of weeks later I issued a copy invoice for the same amount along with an email requesting payment. Eventually this was responded to by somebody who had "just taken over" their finance department. Payment would be made "within the next week". Needless to say no payment was received.
A week ago I sent 3 letters by recorded delivery to the Company Secretary, the Chief Executive and my contact in the Finance Department requesting payment within 5 working days or I would begin legal proceedings against them. No payment has been received. I also told them that should payment not be received, I would make every effort to make sure that others would not be caught up in a similar set of circumstances by informing potential employees and venues.
Last time I spoke to them (a few weeks ago) the venue had also not been paid. This may, of course, have been rectified in the meantime.
I now know of other Blue Roomer's who have also not been paid money owed to them by Keynote.
If anybody else is owed money by them, it'd be interesting to hear about it. The company previously existed as Keynote Training Limited - now in administration.
This thread won't succeed in getting the money I'm owed, but hopefully it might stop others from being in the same situation.
I've bitten my tongue quite carefully with the above text. I'm not overly impressed. This is my first non-paying customer and I sincerely hope it's my last.
Posted 20 August 2012 - 12:48 PM
Posted 20 August 2012 - 01:25 PM
Please let us all know how you do.
Posted 20 August 2012 - 01:49 PM
No fear with this system, it works well.
This post has been edited by kerry davies: 20 August 2012 - 01:49 PM
Posted 27 August 2012 - 08:03 PM
I tell everyone I meet my experience and if it puts them off, I consider that a moral victory. 20 people at what, £300 each? wow!
Posted 29 August 2012 - 10:27 AM
I have a signed document from the two directors of the old company that states:
We confirm that Keynote Courses and Conferences Ltd Company 07674103 (The purchaser) has recently acquired the assets and goodwill of the company from the joint administrators of the company, Stephen Clancy and Sarah Bell of MCR, the Chancery, 58 Spring Gardens, Manchester M2 1EW who were appointed on 12/7/2011
We confirm that we are acting and intend to continue as directors of the purchaser and therefore enclose notices pursuant to rule 4.228A of the Insolvency Rules 1986.
Just in case anyone needs to see the documents, which being a creditor, are public information - they are here.
It appears that the Keynote Education Ltd Company is in administration, having had no information to the contrary, and it appears that their assets have been transferred. So while Keynote Education Ltd can continue to trade, they have no assets (and certainly no goodwill!) So this means that (if I understand it correctly), they can continue to trade, but have no assets to seize against any further debt. I think the administrators would be good people to direct any communication to concerning debts or alleged debts.
Posted 31 August 2012 - 12:45 PM
So if I can get my head around this, they've actually been in administration for over a year, so they were in administration while I was working for them. Hence right from day one there was probably no chance of me getting paid, but they decided to use my services anyway. That's how it reads to me......
Looks like I do indeed need to get in touch with their administrators and lodge my claim with them.
Will my claim through the Money Claim Online system find its way to their administrators do we think, or do I need to send them a copy?
Edit to add; does that not meant that they were trading while insolvent?
This post has been edited by cedd: 31 August 2012 - 12:51 PM
Posted 31 August 2012 - 08:04 PM
I'd expect the firm to send your claim paperwork to the administrators - but sadly I doubt it is the only one they've had. I think I may do the same actually - how much has it cost you?
Posted 31 August 2012 - 10:09 PM
Think I'll get in touch with the administrators direct too just to make sure they've got the message.
Posted 31 August 2012 - 10:58 PM
considering were they continuing to trade whilst knowingly insolvent?
did they set out to defraud you, ie engaged you with out 100% intention of paying?
both are criminal acts, the liquidators / administrators write a report to the DTI about directors conduct but if it is for sure criminal you may also go to the police.
If there are three or more creditors willing to get involved and throw time away you can form a creditors committee, compare whats and whens
the administrator is bound to listen to a formal committee, make it known early that you might be interested in purchasing the assets, it ups the pittance
that they will have to find to restart, and if you get lucky it worth it to ensure they can NOT restart except from scratch.
Posted 01 September 2012 - 07:27 AM
Posted 03 September 2012 - 08:18 AM
Got this, this morning.
KEL2011 Limited (Formerly Keynote Educational Limited) – Previously in Administration (“the Company”)
Further to your email below to Sarah Bell, I can confirm that Steven Clancy and Sarah Bell were appointed Joint Administrators of the Company on 12 July 2011. They ceased to act as Administrators on 10 July 2012 and the case is now closed. The Company will be dissolved in October 2012.
No dividend was paid to unsecured creditors due to a lack of funds, therefore unfortunately your outstanding invoices will not be paid by the Company.
Should you have any further queries please do not hesitate to contact me.
For Sarah Bell
Former Joint Administrator
I note a reference to KEL2011 Ltd - a name not known to me before. Registered at the Administrators address.
58 SPRING GARDENS
Company No. 06723699
Status: In Administration/Administrative Receiver
Date of Incorporation: 14/10/2008
Country of Origin: United Kingdom
Company Type: Private Limited Company
Nature of Business (SIC):
7487 - Other business activities
Accounting Reference Date: 30/06
Last Accounts Made Up To: 30/06/2009 (TOTAL EXEMPTION SMALL)
Next Accounts Due: 31/03/2011 OVERDUE
Last Return Made Up To: 14/10/2010
Next Return Due: 11/11/2011 OVERDUE
Last Members List: 14/10/2010
Date of change Previous Name
20/09/2011 KEYNOTE EDUCATIONAL LIMITED
05/11/2008 RECKONED WITH LIMITED
Posted 05 September 2012 - 11:30 PM