Archive : 上海夜生活NM

Press release: Online small business directory shut down by court

first_img Media Manager 0303 003 1743 YouTube This service is for journalists only. For any other queries, please contact the Insolvency Enquiry Line.For all media enquiries outside normal working hours, please contact the Department for Business, Energy and Industrial Strategy Press Office on 020 7215 1000. Email [email protected] All public enquiries concerning the affairs of the company should be made to: The Official Receiver, Public Interest Unit, 2 Floor, 3 Piccadilly Place, London Road, Manchester, M1 3BN. Email: [email protected] to editorsOBD Ltd (CRO07936953)– incorporated 06/02/2012The petition was presented under s124A of the Insolvency Act 1986 on 15 October 2018.Company Investigations, part of the Insolvency Service, uses powers under the Companies Act 1985 to conduct confidential fact-finding investigations into the activities of live limited companies in the UK on behalf of the Secretary of State for Business, Energy & Industrial Strategy (BEIS). Further information about live company investigations is available here.Further information about the work of the Insolvency Service, and how to complain about financial misconduct, is available here.Contact Press Office Office currently closed during the coronavirus pandemic. We welcome the courts decision to shut down OBD Ltd, preventing anyone else coming to harm, and I would urge any business that is called out of the blue to sign-up for a similar service to do their homework before entering into any agreement. You can also follow the Insolvency Service on: At the High Court in Manchester on 26 February 2019, OBD Ltd was wound-up in the public interest before District Judge Khan. The Official Receiver has been appointed liquidator of the companies.OBD Ltd was the limited company which traded as, an online directory for small businesses that signposted their client’s website. The company targeted small businesses with their own website and used keywords to further boost their clients’ internet rankings.Having commenced trading in 2012, OBD Ltd built-up around 3,500 customers by cold calling small businesses before charging them between £50 and £250 per year for a listing. Contracts were either for one or two years and would auto-renew if the customer did not cancel themselves.However, the Insolvency Service carried out confidential investigations after customers had complained they were being pursued for liabilities they did not believe they owed.Investigators discovered that the company used deceptive methods to persuade customers to sign up for its services, including stating or implying that OBD Ltd represented or was connected with an international web browser.OBD Ltd failed to provide contract documents to clients, in some cases used ambiguous contract terminology and made it difficult for customers to get out of rolling contracts, while also using coercive and intimidating debt collection methods.In addition to these grounds on which the Secretary of State sought to wind-up the company, investigators demonstrated that OBD Ltd failed to provide services customers paid for in a timely manner and in some cases not at all, was remiss in issuing renewal invoices, issued incorrect invoices and took payment without authorisation.Investigators did establish that turnover from February 2012 to April 2018 was £713,000 but enquiries were further hampered because OBD Ltd failed to maintain adequate accounting records or file statutory documents.Scott Crighton, Chief Investigator for the Insolvency Service, said: Twitter Small businesses use online directories in the genuine hope that they will secure more work. However, OBD Ltd took advantage of their customers and often used bully-boy tactics to elicit money for inadequate services. LinkedIn Press Officelast_img read more

Sainsbury’s sees first-half sales growth up

first_imgSainsbury’s has reported sales for its second quarter rose 4.3%, with like-for-like sales up 1.9% for the 16 weeks to 29 September 2012.Total sales for the first half of the year were up 4.1%, excluding fuel.Justin King, chief executive, said that this summer had been “unique and special”, with Sainsbury’s outperforming the market with another quarter of good sales. He added: “We are seeing the benefit of our ongoing investment in our own-label ranges, particularly By Sainsbury’s, which is growing at its strongest rate in recent years, and our Taste The Difference range, which is seeing near double-digit growth. “Our own-label penetration is increasing at a faster rate than any of the major supermarkets – a testament to the investment we have made in the quality of our products.”last_img read more