LIQUIDATION SOLUTIONS

Surplus stock or redundant assets?

Are Liquidation buyers offering peanuts?

Want to maximise end of business sales?

To see how Liquidate It can work on your behalf to maximise your return on surplus stock, click below.

CURRENT STOCK SOLUTIONS

Current stock not moving fast enough?

Need to increase sales / generate revenue?

Want to access new markets?

To see how Liquidate It can help provide these solutions, click below.

FULFILMENT SOLUTIONS

Employ the worlds most advanced order fulfilment service to reduce your costs and improve customer service levels.

To learn more about how our world leading fulfilment service can improve your productivity, simply click below.

TERMS AND CONDITIONS

Due to the nature of our business (and some of our past experiences), we have been forced to implement a liquidation agreement which we must receive a signed copy of before we can begin to sell stock/assets for any new clients.

Please take time to read the agreement as it sets out and details the following:

The terms and conditions of sale
The assumptions we are trading under when we do business with any client.
What you can expect & our responsibilities to our clients when we are selling on their behalf.

Should you have any questions about the agreement, please contact us.
Please note that these terms and conditions are available as a PDF download, to download the document please click here.

By consigning items for sale to Liquidate It Ltd, you hereby agree to be legally bound by these terms & conditions.
Please read them carefully.

If you have any questions about this agreement, please email us.

1. Introduction
The terms & conditions (the T&C’s) will preside over and be incorporated in every contract between Liquidate It Ltd. (the Company ) and the Consignor of an item or group of items (the Client) to be sold by Liquidate It Ltd via multiple sales channels both online & offline.
For the purpose of this document, the term ‘Contract’ signifies each individual agreement for ‘the Company’ to actively provide professional services , and for the terms of this document, any purchaser of a consigned item or group of items is ’the Buyer’ .

In order for ‘the Company’ to comply with industry regulations and legal responsibilities, proof of identification is required from every client before ‘the company’ can act on ‘the clients’ behalf.
In the case of business/corporate customers, a purchase order for our services is required, along with a copy of the company and VAT registration numbers (if applicable).
In the case of private clients, 1x Photographic ID is needed along with a proof of address, such as a utility bill.

2. Consignments
‘The Company’ agrees to provide outsourced services and/or act as an agent for ‘the client’.
‘The Company’ does not agree to purchase the consignment from ‘the client’.
During and after the sales process, ‘the client’ remains solely responsible for any:
Claims made when describing a consignment... including but not limited to status of ownership, origin, date, age, or authenticity; and faults or defects affecting any consignment.
In addition, ‘the client’ remains solely responsible for any information they omit in relation to the consignment. Including but not limited to any breach of these Terms.
It is the client’s responsibility to satisfy themselves that the information which ‘the Company’ records regarding each consignment is true and accurate.

3. The Buyer
‘The Company’ does not act on behalf of any ‘Buyer’.
‘The Company’ cannot guarantee the existence of a Buyer or any bidders in an auction situation.
‘The Company’ not responsible for the auctions of ‘the buyer’ and cannot be held responsible for ‘the buyers’ actions in relation to a consignment. This is including but is not limited to any breach of the rules of the particular sales channel. (e.g. Non-payment).

4. The Purchase Price & Commission
In return for the provision of its services, and in addition to any pre-paid design fees, ‘the Client’ authorises ‘The Company’ to deduct a pre-arranged commission charge from the purchase price paid by ‘the Buyer’. If items are of negligible value, (sales price of less than £15) ‘The Company’ reserves the right to charge a minimum commission fee of £8.51 + VAT

Where ‘The Company’, as part of the liquidation agreement, is required to collect consignments from ‘the Clients’ place of business or home (members of the public) a fee of £10+VAT will also be charged.

Should ‘the client’ wish to cancel a specific instruction for a sale, ‘The Company’ will charge a fee of £10+VAT per cancellation instruction – in order to offset handling costs.

‘The Company’ agrees to submit (final sales price – Commission = Payment to ‘the Client’) within six weeks of the ‘the buyer’ taking possession of the consignment from ‘The Company’.
A dispute with any party regarding the transaction, may delay this payment.
Should a consignment fail to sell, ‘The Company’ will advise ‘the client’ at the first available opportunity.
Upon notification, it is ‘the Clients’ responsibility to make arrangements:

to collect the consigned item within a 30 days of being notified; or
to instruct ‘The Company’ to donate it to a local charity.

If such arrangements are not made within 30 days of notifying ‘the client’ that their consignment is unsold, ‘The Company’ reserves the right to donate it to a local charity.

5. The Clients Obligations
Buy signing this ‘Contract’ ‘The Client’ confirms that:

All information supplied regarding ‘the Client’s’ identity is true.
‘The Client’ has the legal right to sell the item(s) in each consignment (Either by being the legal owner or by obtaining full authorisation from the true owner) and can transfer full ownership - free from any other claim - to ‘The Buyer’.

6. Privacy Policy:
‘The Company’ will use the supplied client information to provide the services purchased by ‘the client’. Under no circumstances will ‘The Company’ sell, rent, publish or misuse ‘the clients’ personal information unless required to do so by an official body. The Company may from time to time contact ‘the Client’ with information about new services and special offers but ‘the Client’ shall be given an opportunity to opt-out of receiving this communication at any tim

7. General
All agreements to which these Terms apply will be governed by the laws of the relevant region within the UK/Ireland in which ‘the Client’ resides/does business. The regional courts of that province will have the exclusive right to deal with any dispute.
‘The client’ understands that when a consignment agreement (‘contract’) is signed, ‘The Company’ will begin providing services to ‘the Client’ upon receipt of goods.
As a result ‘the Client’ must be aware that it does not have the right to cancel a agreement/Contract under the Consumer Protection (Distance Selling) Regulations (2000) or any equivalent legislation.

‘The Company’ rights under each Contract remain in effect at all times, without exception.
If any or all of these rights are not enforced at any particular time, this does not set a precedent for future instance.
‘The Client’ will be compensated to a reasonable standard in any case where it suffers any loss or damage due to ‘The Company’ not carrying out it’s obligations to a sufficient standard in any agreement. This is true unless ‘The Company’ has been unable to fulfil it’s obligations because of: (a) ‘the clients’ own fault; (b) an unconnected third party’s negligence, or events that ‘The Company’ nor it’s stakeholders could have foreseen even if they have taken reasonable care.

These terms and conditions do not affect your statutory rights.