Hi, got a bit of a complicated and urgent problem, hope someone can help!
The company I work for, was bought out last year and became part of a group of companies.
Recently, the group of companies has been struggling financially and owed the bank about £5 million.
This debt was then sold to a private individual for £3m - this individual then placed the group into administration, but for reasons I am not privy to, my particular company was not part of the administration.
It turns out that the private individual owns a rival company, and this rival company has now bought certain assets of the group.
This means that the other companies have been taken on by the rival company and will be paid as normal.
All other parts of the company that were not bought, are redundant and entitled to claim from the governement and redundancy pay.
Now, as we were not for sale as part of the adminstration, we are not redundant or taken on by the new company, however the private individual still has control of our company bank account and is refusing to release control so our wages can be paid... we were due to be paid on the 27th November and as of now, we have been paid only a 3rd.
He has also evicted us from our offices, as they were owned by another part of the company.
So, the situation at the moment is that I am employed by a company with no premises, no hardware, and more importantly no cash to pay us!
As we are not redundant, it would appear I am not able to claim JSA or anything along them lines.... I am down to my last £50 and there is no resolution in sight!
I really need to know where I stand on this and what I can do to get some money, I have bills to pay and no overdraft.... its geting really quite desperate now!
Thanks in advance!!