BEWARE...DK Windows and Doors (Dublin based) has closed down!

I'm not talking about bailing out the banks. I'm talking about how, during the liquidation process, banks will be covered first before customer deposits. It was mentioned earlier in the thread.

Has anyone pulled their accounts? Very interested to see where all the money has gone

https://www.solocheck.ie/Irish-Company/Dk-Windows-And-Doors-Limited-520939

Taxman is priority creditor. They are owed a lot.

Highly unlikely anyone else will see a cent.

Banks are rarely a secured creditor. They will have a personal guarantee and will go after that.

Staff are a preferential creditor for wages and holiday pay.

Looking at the accounts, things went downhill very quickly in the last 2 years. In reality he should have shut up shop about 2 years ago. Probably chasing his tail the last 12 months.

You'd want to be careful, I got demolished by a waffle-merchant for suggesting similar earlier.

Jaysus, I'm in the market for upgrading half my house to double-glazing…. these threads are making me awfully nervous….. how on earth do you avoid falling victim to this kind of thing??

There's posters in here who did all their research, and still got caught (or by the luck of who knows what just got out before they went belly-up).

If anyone has any recommendations for a crowd who would supply and fit wooden double-glazed sash windows, please PM me with details….

Oh yes, note made of that, I'll be dusting off the CC which I haven't used in literally years!

Lads my window guy was brilliant and didn't ask for much up front. PM if you want his number, I'm not shilling.

Not much comfort to the people who will lose out, but Revenue will get all the money. No doubt they'll also get their 'interest' and 'penalties'.

In cases such as this, Ruthless Revenue should really give the consumer a break. Wishful thinking I guess.

Best of luck! DK are actually the company I landed on after doing my due diligence, even had friends recommend them to me who had an installation completed six months prior to us.

After this happening to so many people I wouldn't trust any of them unless I knew them personally.

Don’t know why these middlemen sellers won’t use escrow type companies to hold and manage deposits. That way, if they went to the wall they could at least do it honourably.

They collected taxes and prsi from staff and customers. Revenue have to be priority as it was collected a long time ago.

My guess is they are owed well over 600k and might be lucky to get a quarter of it.

But they don't actually manufacture them do they? I thought that was all outsourced.

One of the callers to Liveline said that they'd paid some huge sum to DK, never got any windows, managed to get in touch with the manufacturer who said they'd been waiting on a deposit from DK before they got going on the order - needless to say it never came so no windows for that customer.

So if the manufacturers had to be paid before starting their end of things, you can see why they wanted money up front - but you'd have hoped they'd pass it over!

So the deposit goes to another company, not to directly pay for materials as outlined.