It is with regret that the company has ceased to trade. The company is insolvent and the directors are working with an Insolvency Practitioner with a view to placing the company into liquidation. All creditors will receive an update from the Insolvency Practitioner within the next 2 weeks.
In the meantime:
Customers who have paid for goods by credit card and have not had the goods – Please note that you should contact your card provider as section 75 of the Consumer Credit Act 1974 may provide you with additional protection in circumstances like this. The card company is jointly and severally liable for any breach of contract on the part of the company. You should tell the card company that the supplier (Cyclorise Limited) is insolvent and has confirmed that it is no longer able to provide the goods that you have paid for and you therefore wish to make a S75 claim. A successful claim will result in your card being refunded with the amounts paid to Cyclorise Limited. Please note that certain conditions apply and suggested reading is https://www.which.co.uk/consumer-rights/regulation/section-75-of-the-consumer-credit-act-aZCUb9i8Kwfa.
Customers who have paid for goods by debit and have not had the goods – Please note that you contact your bank to see if it is possible to use chargeback. Suggested reading is https://www.which.co.uk/consumer-rights/advice/how-do-i-use-chargeback-abZ2d4z3nT8q.
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