Terms & Conditions

All goods are supplied to the intended purchaser on the following terms:-

No person in the employment or acting as an agent of the company or purporting so to do, has the authority to accept orders or supply goods on any other conditions, or to vary these terms in any way whatsoever. Previous or subsequent dealings between the company and customer shall not vary or replace these items or be deemed in any circumstances whatsoever so to do. Acceptance of goods from the company shall be conclusive evidence before any court or arbitrator that these terms apply.

1. The intending purchaser acknowledges that before entering into each and every agreement for the purchase of any goods from the company he has, on each and every occasion, expressly represented that he is not insolvent and has not committed any act of bankruptcy or being a company with limited or unlimited liability, knows of no circumstances which would entitle any debenture holder or secured creditor to appoint a receiver, to petition for winding up of the company or exercise any other rights over the company’s assets.

2. Goods that are the subject of any sales agreement by the company to sell shall be at the risk of the intending purchaser as soon as they are delivered by the company to the intending purchaser’s vehicles or his premises or otherwise by his order.

3. Such goods shall remain the sole and absolute property of the company until such time as the intending purchaser shall have paid to the company the agreed price for such goods together with any other sums due to the company.

4. The intending purchaser acknowledges that he is in possession of goods solely as bailee for the company until such time as the full price thereof is paid to the company together with any other sums due to the company.

5. Until such time as the intending purchaser becomes the owner of the goods, he will store them at no cost to the company on his premises separately from his own goods or those of any other person in a manner which makes them readily identifiable as the goods of the company.

6. The intending purchaser’s rights to possession of the goods shall cease if any sums due from the intending purchaser to the company are overdue and/or, if the intending purchaser does or fails to do anything which would entitle a receiver to take possession of any assets or which would enable any person to present a petition for winding-up. The company may for the purpose of recovery of its goods enter upon any premises where they are reasonably thought to be stored and may repossess the same.

7. Subject to the terms hereof the intending purchaser will be entitled to sell the company’s goods in the normal course of its normal business but during such times as any sums are due to the company such sale be the intending purchaser of the goods which remain in the company’s ownership under this agreement shall be for the account of the company and in such event the intending purchase shall account to the company for the proceeds of such sale to the extent that any sums outstanding. The intending purchaser as long as it has not fully discharged all sums due to the company shall hand over to the company the claims that it may have against its buyer emanating from the sale of the company’s goods.

8. If goods, the property of the company, are admixed with goods the property of the intending purchaser or are processed with or incorporated therein, the product therefore shall or shall be deemed to become the sole and exclusive property of the company. If goods, the property of the company, are admixed with goods the property of any other person or are processed with or incorporated therein, the product thereof shall become or shall be deemed to be owned in common with that other person.

9. If credit terms are granted payment with be due End of Month following date of invoice.

10. If payment is not made when due, Phase Electrical Distributors Ltd reserve the right, without prejudice to its other rights, to charge interest at an annual rate of 5% above the current base rate of HSBC BANK to be calculated on a day to day basis on the balance outstanding until payment is made in full.

11. DATA PROTECTION NOTICE. We may transfer information about you to our bankers/financiers for the purpose of providing services and for the following: Obtaining credit insurance, making credit reference agency searches, credit control, assessment and analysis (including credit scoring, market, product and statistical analysis), securitisation, protecting our interests. We will provide you with details of our bankers/financiers and that of any credit reference agencies used on request.