Merlin Entertainments: General Discussion

Thameslink Rail

TS Member
Favourite Ride
The Smiler
Thanks, but it's behind a paywall, so can't read it.
In short, Merlin Attractions Operations has been sent a winding up petition over unpaid debts to Experian. Merlin say that the winding up petition was "wholly inappropriate" for what they call a small debt and they are applying to have it thrown out. The article goes on to discuss Merlin's history and assets, and the process behind a winding up petition.
 

Skyscraper

TS Member
Favourite Ride
Nemesis
In short, Merlin Attractions Operations has been sent a winding up petition over unpaid debts to Experian. Merlin say that the winding up petition was "wholly inappropriate" for what they call a small debt and they are applying to have it thrown out. The article goes on to discuss Merlin's history and assets, and the process behind a winding up petition.
What's the process, if you don't mind elaborating?

Edit: Just found this free-to-read article which explains the process;

 

Thameslink Rail

TS Member
Favourite Ride
The Smiler
In essence this is a 'pay us or we will take you to court' letter at this stage, only if Merlin can't or don't pay up they may take this further.
 

Craig

TS Administrator
I mean they're expensive on the face of it, but to a company like Experian who's worth over $30bn it's literal pocket change. As Dave says it's brinksmanship, as issuing the winding up petition means things have to go public, whereas other methods aren't as publicised. It'll get sorted without it going to a winding up order.
 

WillPS

TS Member
Credit checks on suppliers, ID checks for payments, right to work checks for employees, customer data auditing and analytics. There's loads of stuff they do beyond credit reports these days, so could be a multitude of things.
Thank you. I thought it could be something along the lines of the first one but hadn't thought of the others.
 

Jb85

TS Member
A credit reference agency would only report. They wouldn't issue the winding up position.

To be fairnits probably something of nothing. A small invoice missed can lead to this
 

Skyscraper

TS Member
Favourite Ride
Nemesis
A credit reference agency would only report. They wouldn't issue the winding up position.

To be fairnits probably something of nothing. A small invoice missed can lead to this
The next step would be it going to court for the judge to decide whether to approve it.
Doubt It'll get that far though.
 

AT86

TS Member
A credit reference agency would only report. They wouldn't issue the winding up position.

To be fairnits probably something of nothing. A small invoice missed can lead to this

In this case the credit reference agency is issuing the winding up petition, because that is who Merlin owe the money to.
 
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