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 Post subject: "checking out" a company
PostPosted: Mon Dec 10, 2007 19:54 
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I know there are certain checks you can do on a company, but no idea what they are, anyone got any ideas cos I'm just about to send this mob a large cheque:

http://www.1st-4-vans.co.uk/

No particular reason to be suspicious, just all my dealings have been by phone and I've never used them before, seem professional enough but it'd settle my mind.

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PostPosted: Mon Dec 10, 2007 22:35 
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There a legit registered company and have been since 23/6/06, thats about all I can tell you with a quick search.

From Companies House wrote:
Company Details


The WebCHeck service is available from Monday to Saturday 7.00am to 12 Midnight UK Time


Name & Registered Office:
1ST 4 VANS LTD
THE CHARMWOOD CENTRE
SOUTHAMPTON ROAD
BARTLEY
SOUTHAMPTON S040 2NA
Company No. 05856759




Status: Active
Date of Incorporation: 23/06/2006

Country of Origin: United Kingdom

Company Type: Private Limited Company
Nature of Business (SIC(03)):
5010 - Sale of motor vehicles

Accounting Reference Date: 30/06
Last Accounts Made Up To: (NO ACCOUNTS FILED)
Next Accounts Due: 23/04/2008
Last Return Made Up To: 23/06/2007
Next Return Due: 21/07/2008


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PostPosted: Tue Dec 11, 2007 01:11 
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hairyben wrote:
I know there are certain checks you can do on a company, but no idea what they are, anyone got any ideas cos I'm just about to send this mob a large cheque:

http://www.1st-4-vans.co.uk/

No particular reason to be suspicious, just all my dealings have been by phone and I've never used them before, seem professional enough but it'd settle my mind.


New business with no accounts filed so you have little to go on. I'd advise caution appropriate to the amount you're putting at risk. You can obtain annual report from Companies House that will tell you how much capital is issued/invested (probably minimal) and details of directors. Perhaps do a search on them as individuals.

Alternatively(or better), call the company and express your concern. A business man/woman who really has nothing to hide will not be offended because they will see your concern as a clear buying signal and will (if prudent themselves) be sympathetic to it.


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PostPosted: Tue Dec 11, 2007 03:22 
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Pay by credit card. Use a credit card cheque if you can.

Because under the Consumer Credit Act 1974 the Credit Card company is legally responsible to pay YOU if a company either goes bust or cheats you.

This is for purchases of £100 and more only.

And it does NOT Apply to Debit Cards. Only to Credit Cards. (Not all Visa, etc., cards are credit cards, btw, some are debit cards.)

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PostPosted: Tue Dec 11, 2007 19:47 
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Hmm, don't have a credit card. I'm wondering if I should cancel the cheque and tell him I'll come myself to pick the van up and bring a draft.

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PostPosted: Tue Dec 11, 2007 21:09 
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gage wrote:
There a legit registered company and have been since 23/6/06, thats about all I can tell you with a quick search.


I checked these people too, they're the ones I made the cheque out to, presumably the 1st 4 vans bit is a subsidary & web name:

Quote:
Name & Registered Office:
SHIRES OF WINCHESTER LIMITED
THE CHARMWOOD CENTRE
BARTLEY
SOUTHAMPTON
SO40 2NA
Company No. 03439309


Status: Active
Date of Incorporation: 25/09/1997

Country of Origin: United Kingdom
Company Type: Private Limited Company
Nature of Business (SIC(03)):
5010 - Sale of motor vehicles
Accounting Reference Date: 31/08
Last Accounts Made Up To: 31/08/2006 (TOTAL EXEMPTION SMALL)
Next Accounts Due: 30/06/2008
Last Return Made Up To: 25/09/2007
Next Return Due: 23/10/2008


slightly more encouraging.

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