problems with red letter days

[norts]

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has anyone had any problems with getting money owed to them by red letter days? rumours are starting to float that they are going bust!

[chromate]

I read a quick piece about it in the paper. *Apparently*, they're doing fine, but they've just changed their accountancy firm or something so they're behind with payments. Some activity providers are close to dropping them because they haven't paid up on invoices.

[norts]

I read the same piece - its been going on for over a year now, I've heard alot of their suppliers aren't being paid (large and small). do you think its good or bad news for affiliates? if they did go bust it would take their cut of money out of the equation, leaving more room for everyone else.

[Graham@Buyagift]

I read this with interest yesterday...

http://www.pressbox.co.uk/detailed/B...ICE_32581.html

Graham

[fieldandtrek]

I have a voucher with them at the moment - I think I better spend it soon!

[norts]

I've just spoken to someone who works for a big supplier for red letter days, and their pulling out as of today!

so you better get in quick

[Graham@Buyagift]

I think ASAP James...

Graham

[Graham@Buyagift]

Further developments...

http://www.pressbox.co.uk/detailed/B...ERS_32964.html

Graham

[Green2K]

Thanks for the update Graham.

Oh dear... !

Wonder if the founding lady, Rachel Elnaugh, will be on the new BBC2 series of Dragon's Den? I read somewhere that they had already started filming.

This motto could help her:

"Learn from your mistakes and never give up."



Green2K.

Further developments...

http://www.pressbox.co.uk/detailed/B...ERS_32964.html

Graham

[norts]

there's another article in the sun today, not looking good for red letter days.

[Graham@Buyagift]

http://www.telegraph.co.uk/money/mai...30/ixcity.html

And the rumour mill suggests they've gone into administration....

Graham

[drivetowin]

Given all that is going on now lets hope TD see sense and suspend the Red Letter Days programme on Monday

[drivetowin]

Red Letter Days has now called in the administrators:

http://business.timesonline.co.uk/ar...717244,00.html

[Frostie]

A balloon trip is conned into going on, originally planned for this Wednesday, has now been cancelled

Naturally disappointed due to the money thats been wasted by my family and hudnreds of other people who have bought gifts as present, lost affil revenue, and employees who will no doubt lose out too.

[chromate]

Is it me, or is it kind of funny that some of the other "dragons" are interested in buying the company? hehe