howbow88
Hacker
If you paid by credit card and a company goes bust, you'll get back the full amount. This is absolutely not what I want, but worth noting.
I think that is the sensible thing to doIn summary I don’t believe YGT are in a position to refund within 14 days everyone’s cash but they may have a small amount to prioritize to the most needy, I personally am not one of those so will most likely wait for the group bookings to be watered down to individual ones and then take my chance with the refund credit note and then take the refund in August or perhaps negotiate a ‘loyalty’ reward and rebook.
Well the 14th day has come and almost gone and there is no sign of them agreeing to a cash refund.
Even the refund credit notes are now coming with a condition that unless they recoup their costs from 3rd parties then you still might not get your money back when you come to cash them in on 1st August.
Getting more and more likely we will need to take them to court to get our money refunded.
Jet2 have agreed to refund our tickets due to fly to Belek in 2 weeks.Booked through Your Golf Travel, 3 night break to Portugal cancelled this week, are we legally entitled to a refund?
Yes or No?
The link is no good.I do have some downtime right now, but could anyone give me a brief rundown of what's on that link?
Always bear in mind that those accounts are likely up to end of April 2019 only. A lot can happen, as we now all know, in the 12 months since. They may have had a great 12 months since then, an awful 12 months or somewhere in between. Those accounts online only tell you so much.The link is no good.
As I said google Your golf travel LIMITED a and scroll down until you find the one with Limited. It takes you to the audited accounts for 2019
Always bear in mind that those accounts are likely up to end of April 2019 only. A lot can happen, as we now all know, in the 12 months since. They may have had a great 12 months since then, an awful 12 months or somewhere in between. Those accounts online only tell you so much.
Never, ever believe the patter of an owner or salesman with regards to the viability of their company. No owner is going to tell their customers they are teeetering on the edge. That would instantly create a panic that would tip them over. I've heard way too much boasting and bluff from companies that have gone under over the years to believe anything that people tell me on that front now. Having a BiL in the insolvency game has also popped the bubble of many an illusion.According to the main man Andrew, the company is in good shape.
They're taking the piss not giving refunds.
The link is interesting and suggest Kenny has a look.Always bear in mind that those accounts are likely up to end of April 2019 only. A lot can happen, as we now all know, in the 12 months since. They may have had a great 12 months since then, an awful 12 months or somewhere in between. Those accounts online only tell you so much.
Never, ever believe the patter of an owner or salesman with regards to the viability of their company. No owner is going to tell their customers they are teeetering on the edge. That would instantly create a panic that would tip them over. I've heard way too much boasting and bluff from companies that have gone under over the years to believe anything that people tell me on that front now. Having a BiL in the insolvency game has also popped the bubble of many an illusion.
They may have been in good shape before all of this but if too many customers ask for a refund then they will be goosed. All businesses depend on cash flow, not every business that goes down is a bad business, most are down to cash flow issues (another comment from my BiL). If they have a rush of demands for refunds then they will not have the cash there to pay them back. YGT are probably trying to spread out the refunds so that they happen in an orderly fashion, one they can manage. If not......................
I understand people wanting their money back, I am not defending the approach of YGT but I can understand that beneath the water they are likely fighting for their own survival right now and so they are trying every trick they can to hold on to any cash that they have.
The link is interesting and suggest Kenny has a look.
AccountS fro Group are up to 31/3/19 and a profit was made last year. There are creditors of £44,400,000, yes not a typo, and Net Current Liabilities of 1,060,000. Directors are stable and shows what other Companies they are involved with And who they are.
Barclays took a Debenture including Fixed and floating assets LESS than 1 month ago which is a concern for anybody owed money