FVF LTD.

Unable to pay debts

This is a company that is indebted to my client, the accounts contact in accounts is Karen McGee, every time the client called her she was in meetings, the client chased on 8/5/2026, no reply from Karen. Chased again on 8/7/2026 and the debtor replied "Sorry for the delay in payment. We've experienced a late payment from one of our customers, which has had a knock-on effect on our cash flow. I've now scheduled a payment for this Friday, with further payments to be made every other Friday until the outstanding balance has been cleared." the client advised a payment plan was not agreed and would need to know the amount being paid as no payment plan was agreed. The client was not surprised that Karen ignored that email so they followed up with another email (note emails as Karen is always in meetings and does not return calls) and that email was ignored. It was escalated to us and whilst the debtor ignored our correspondence, they made a part payment but, told no one they were making the payment. Today I have tried to Karen and Michael Stewart Holmes, Surprisingly enough, Karen was in a meeting! Michael Stewart Holmes never answered the phone and the call was terminated before a voicemail message could be left. In the interests of transparency, I have went in to this amount of detail and given the significant risk involved in granting credit to this company, I would strongly suggest that anyone looking to provide services to them do not grant credit.

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