The garden room industry is blooming, growing year on year, as more and more homeowners discover the benefits of garden rooms, but sadly like other areas of commerce some suppliers have ceased trading.
Its never an easy choice to wind up a business, with customers, suppliers and employees to think about, but the sad fact is that sometimes customers do get swept up as creditors when a business fails.
A garden room is a significant investment, the cheapest models on the market start at around £5,000 with many more sophisticated designs costing tens of thousands of pounds. Most garden room suppliers require a significant deposit to be paid – anything up to 50% of the project cost, if a supplier goes into liquidation whilst building your garden room, you could potentially loose your deposit and not get your building.
Its important to make an informed decision when making any significant purchase, as a consumer there are many credit checking services on the Internet, which enable you to take a snapshot of a companies financial health, www.companysearchesmadesimple.com for instance offers a report for £3.95 which gives a credit rating, lists directors and latest accounts for a company. This could be £3.95 well spent!
Many garden room suppliers are members of the Concumer Protection Association, this organisation thoroughly vets its members for product quality and customer service, it also offers a deposit protection service, this service covers you for 90 days from the deposit payment date and covers you against liquidation, bankruptcy, state retirement and death of the company principles – the CPA will either refund the deposit or make sure the work is completed by another company at the agreed price.
Its always a good idea to make an informed decision, flash websites and glossy brochures don’t always equate to financial stability, no reputable garden room supplier will mind you checking!