On the subject of the CCJs, I am not being critical of you because you are only able to report what you’ve been told.
That said, any reputable business owner will do their utmost to protect their reputation, the reputation of their business, their company’s credit rating and to safeguard relationships with suppliers. From my experience, CCJs arise for one of two reasons. In a minority of cases, a contractual dispute arises between claimant and defendant which can’t be settled, I would suggest this is highly unlikely in this case as two CCJs have already been issued and Hilton has indicated there are more to follow. In the vast majority of cases, CCJs are awarded because the defendant has insufficient working capital to settle its liabilities as and when they become due.
In terms of invoices not received. Suppliers to the club will issue their invoices within a few days of goods/services being delivered. At the end of each calendar month and until invoices are paid, those suppliers will send a statement of account to the club. Those suppliers who have had to resort to legal action in an attempt to get paid will have also issued the club with a 7-day notice of legal action. Such letters generally confirm the amount due, when the debt was due, how many days it is overdue and how many times the debt has been chased. Once the claimant submits their claim to the court, the court then writes to the defendant notifying them of the claim and gives them an opportunity to defend their position. The defendant has 14 days from date of service to submit their defence before the claimant can request a judgement.
Hilton’s had seven months to appraise the purchase ledger therefore it not more time he needs.
Please feel free to speak with a good credit controller or management accountant, they will tell you exactly the same.
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