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CURRENT ISSUE
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APRIL 2017

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Golden Coast
LATEST NEWS
Hot tub sales firm Trade Price Group ceases trading
Hot tub sales firm Trade Price Group ceases trading
In an update to a story we recently ran, following a criminal investigation by Trading Standards, the Trade Price Group has ceased trading.

The Staffordshire based hot tub suppliers website now displays the following message:

"Due to adverse trading conditions, The Trade Price Group has ceased to trade and the Partners of the firm (being Simon Foster, Katie Foster and Stuart Cox) have now been declared Bankrupt. Anybody with claims against the business or the Partners should refer to the Office Receiver (or the Trustee(s) in Bankruptcy should they be appointed).

Further details for the process of doing so can be found on the website of the insolvency Service at http://www.insolvency.gov.uk"

Back in September, Trading Standards had said hundreds of customers had complained about Trade Price Group because of the quality of the products and delivery delays of up to 10 months.

A group of about 20 customers staged a protest outside the company's offices in Rugeley but the firm denied wrongdoing and said it was being subjected to a hate campaign and was taking legal action against a number of its customers.

A statement from the firm said: "Trade Price Group has been subject to a long standing hate campaign, comprising e-mail abuse, internet abuse, harassment, and illegal threats."

The statement continued: "Trade Price Group acknowledges that some customers have expressed a preference to cancel their orders.

"Where that has happened, and it has determined that they are entitled to do so, Trade Price Group has made those refunds.

"Trade Price Group has never failed to deliver hot tubs to any of its customers that have not been subject to a refund or order cancellation.

"It refutes and vociferously denies any allegation that it has in the past, or currently, demonstrated any purposeful intent to mislead or defraud its customers out of their money."

However with the firm now no longer trading, it appears that many consumers will be left at best disappointed and at worst, potentially several thousands of pounds out of pocket.





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