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Old 28-09-2009, 11:18 AM   #1 (permalink)
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I've become a statistic.

On Friday afternoon I got a call from my boss telling me that the company I work for has gone into administration. The company had quite a bit of stock which we were hoping to be able to sell off, but today I got another call to say over the weekend the premises were broken into and all stock has been cleaned out. So today I guess that makes me unemployed.

As well as my job, I used to have interests in 2 other companies, but eventually had to relinquish those due to a perceived clash of interests, so for the first time in I don't know how long I've nothing to do. It feels very weird sitting here not being able to do any work.

The industry I work in has taken a huge hammering in the recession, so finding another job may not be easy. I have 1 possible job that I'm waiting to hear back on, but if that doesn't come off.....I'm screwed.
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Old 28-09-2009, 11:21 AM   #2 (permalink)
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Re: I've become a statistic.

Sorry to hear Dony...


You'll find something, I'm sure.
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Old 28-09-2009, 11:25 AM   #3 (permalink)
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Re: I've become a statistic.

I'm not too dejected yet as I'm hopeful this other job will come off and I should hear in the next day or two.

If it doesn't, then it's time to start worrying.
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Old 28-09-2009, 11:37 AM   #4 (permalink)
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Re: I've become a statistic.

........been there mate, so i know what your going through. Chin up, something will hopefully come up.
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Old 28-09-2009, 12:09 PM   #5 (permalink)
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Re: I've become a statistic.

Just had a call from the administrator to say I won't be getting paid this month, and that forms are in the post.

Has anyone any experience of these forms? Am I likely to get back everything I'm owed?
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Old 28-09-2009, 12:13 PM   #6 (permalink)
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Re: I've become a statistic.

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but today I got another call to say over the weekend the premises were broken into and all stock has been cleaned out.
Sorry to hear about your situation Hopefully it won't be for very long.

As for the above, my cynical self finds this suspisciously coincidental...
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Old 28-09-2009, 12:17 PM   #7 (permalink)
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Re: I've become a statistic.

Quote:
Originally Posted by Dony View Post
On Friday afternoon I got a call from my boss telling me that the company I work for has gone into administration. The company had quite a bit of stock which we were hoping to be able to sell off, but today I got another call to say over the weekend the premises were broken into and all stock has been cleaned out. So today I guess that makes me unemployed.
Sorry to hear this Dony but this doesn't sound right to me. Company goes in to administration and then gets "cleaned out" the day after ! You haven't been paid but someone will be earning off the assets !
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Old 28-09-2009, 12:21 PM   #8 (permalink)
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Re: I've become a statistic.

Me too - been there, done that, played that game. I've had to change career so many times. Now I'm self employed - mostly because at 57, I'm too old to get a "proper job". There is aways a way of earning a crust though.
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Old 28-09-2009, 12:32 PM   #9 (permalink)
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Re: I've become a statistic.

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Sorry to hear this Dony but this doesn't sound right to me. Company goes in to administration and then gets "cleaned out" the day after ! You haven't been paid but someone will be earning off the assets !
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As for the above, my cynical self finds this suspisciously coincidental...
On Friday when the word spread amoung customers and suppliers, creditors arrived with lorries and started taking stock. The police were called. Then on Saturday the rest went.

The premises are in a different country to me, so I've no idea if it was people who were owed money came back, or something else.
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Old 28-09-2009, 12:51 PM   #10 (permalink)
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Re: I've become a statistic.

Its simply the way it is. Once news breaks of a company going under everything and anything not bolted down gets carried out. What kind of stock are we talking if you don't mind me asking......or was it high value ?
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Old 28-09-2009, 12:53 PM   #11 (permalink)
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Re: I've become a statistic.

Without being too specific, it was spare parts for heavy machinery....about £300k's worth.
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Old 28-09-2009, 1:07 PM   #12 (permalink)
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Re: I've become a statistic.

so it wasn't a whoopee cushion factory then.
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Old 28-09-2009, 1:17 PM   #13 (permalink)
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Re: I've become a statistic.

Really bad news Dony......fingers crossed on the possible new job. Good luck mate.
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Old 28-09-2009, 1:28 PM   #14 (permalink)
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Re: I've become a statistic.

Sorry to hear the news mate. Sickening you won't get your last pay check either. Will you get any redundancy out of the government?

I lost my job in May this year and so I know how you feel. Hope the new job offer comes through for you.
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Old 28-09-2009, 1:53 PM   #15 (permalink)
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Re: I've become a statistic.

Took me about 6 months to get a small proportion of wages I was owed when I was made redundant 10 years ago. Sorry to hear about your situation, hope you sort something out soon.
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