Unfairpak Forum - How Farepak Stole Christmas

On Friday 13th Oct 2006 - Farepak Hampers went into administration. Over 100,000 customers were told that no food hampers or vouchers or other goods will be supplied this Christmas as promised, and no refunds! Share your thoughts here...
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PostPosted: Tue Feb 06, 2007 1:31 am 
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Are we able to determine the exact details how Farepak become part of the charge held by HBOS?

It just seems strange, HBOS must have been closely involved in the sale of DMG and later on involved in the purchase of IWOOT, Kitbag & EZTV. I think it is important to find out how they got this charge plus any involvement in PWC?

We may be able to find some contradiction in the support HBOS gave EHR compared to the final no support. LET’S NOT FORGET HBOS STOPPED EHR TRADING. They have been their bankers throughout the acquisitions which they must of wholeheartly supported. SO WHAT A NASTY DEED THEY DID IN THE END.

How can we put the pressure back on HBOS. I personally think they have stolen our money and everyone should know what a nasty horrible bank they are.

A warning to any business is. Look at EHR, this could be you. HBOS do not care. If your net assets are less than your loan commitments to the bank well they will close you down when they want to (with the help of PWC (Price Waterhouse)


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PostPosted: Tue Feb 06, 2007 10:17 am 
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Jumbo wrote:
did this involve the purchase of shares ?
If it did the companies act section 151 comes into play with 'whitewash' procedures. The solicitors would have had to confirm that all companys solvent and able to carry on trading.
If no purchase of shares then this probably didn't apply.


Hi Jumbo
I don't think so. EHR already owned a number of dormant subsidiaries. I think they just used an existing company.

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PostPosted: Tue Feb 06, 2007 10:23 am 
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edward wrote:
Are we able to determine the exact details how Farepak become part of the charge held by HBOS?

It just seems strange, HBOS must have been closely involved in the sale of DMG and later on involved in the purchase of IWOOT, Kitbag & EZTV. I think it is important to find out how they got this charge plus any involvement in PWC?

We may be able to find some contradiction in the support HBOS gave EHR compared to the final no support. LET’S NOT FORGET HBOS STOPPED EHR TRADING. They have been their bankers throughout the acquisitions which they must of wholeheartly supported. SO WHAT A NASTY DEED THEY DID IN THE END.

How can we put the pressure back on HBOS. I personally think they have stolen our money and everyone should know what a nasty horrible bank they are.

A warning to any business is. Look at EHR, this could be you. HBOS do not care. If your net assets are less than your loan commitments to the bank well they will close you down when they want to (with the help of PWC (Price Waterhouse)


As far as I can remember HBOS wasn't particularly involved in the sale of DMG. They must have approved it but they didn't play an active part. PWC had no involvement in the sale at all. I don't know about the subsequent purchases.

Strictly speaking HBOS were NOT bankers to any part of the group. They provided loan finance not a clearing facility. Natwest provided the clearing.

I'm afraid that I believe that if a company is unable to pay it's debts then it shouldn't continue to trade. It will just continue to spiral downwards. I do think, however, that timing is important in all this. Why did Farepak continue taking money from customers after the shares were suspended?

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PostPosted: Sun May 27, 2012 12:20 pm 
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I'm sure i stuck this up before, but never mind. Rollies never did sell a lot of reindeers.

http://www.lse.co.uk/SharePrice.asp?shareprice=EHR

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PostPosted: Sun Jun 17, 2012 8:49 pm 
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http://moneyextra.uk-wire.com/Index.asp ... &words=ehr


handy to have them all in one place.

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PostPosted: Mon Nov 05, 2012 12:14 am 
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It looks like Pwc are no longer acting for EHR Plc

This is the new liquidator: -

ACLAND, DAVID ROBERT
BEGBIES TRAYNOR
1 WINCKLEY COURT
CHAPEL STREET
PRESTON
PR1 8BU


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