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Old 2nd Aug 2005, 16:07
  #11 (permalink)  
helicam
 
Join Date: Apr 2004
Location: england
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"Buisness as usual" so let me get this straight the company owes thousands to pretty much all the suppliers in the country and "Red Letter Days creditor suppliers, however, are unlikely to see any money from the administrator, the new owners said"

Do they think were mugs or something that we would consider dealing with them knowing that we wont see a bean... dream on, companys like Red Letter Days cant survive without the support of their suppliers. They have nothing but a call centre a fancy website and those stupid tickets that they give you to you wear around your neck.


Quote From the BBC

"The firm, run by Dragons' Den TV show judge Rachel Elnaugh, went into administration on Monday, weighed down by debts.

But another Dragons' Den judge Peter Jones is teaming up with ex-Millwall chairman Theo Paphitis to buy the company's assets.

The deal means more than 150 Red Letter Days employees could keep their jobs.

News of Red Letter Days' difficulties left thousands of customers who held vouchers for Red Letter Days' adventure trips such as hot air ballooning and bungee jumping in limbo.

In a statement posted on Red Letter Days' website, Mr Jones and Mr Paphitis said they were ready to honour all experiences that had been bought directly from the firm through Visa and MasterCard.

Red Letter Days' creditor suppliers, however, are unlikely to see any money from the administrator, the new owners said

They could not guarantee vouchers bought through High Street shops - but said they were putting in place measures to make sure these were honoured too.

"We envisage that very soon it will be business as usual," the new owners said in a joint statement. "
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