Galtres Festival Trading Limited, organisers of the four day Galtres Parklands Festival held recently in North Yorkshire have left over fifty food traders unpaid, owing thousands of pounds in some cases.
In an email statement that we received from the Galtres Festival, they stated that they intend to pay all traders who attended the festival.
The festival used a ‘Cashless’ pre-paid card system for the event, meaning that all money from the food and drink sold at the event was collected by the organiser via their third-party payment provider. Traders received a statement at the end of the event showing what was owed to them, minus the event commission. As far as we are aware, three weeks after the event, none of the traders that attended the show have been paid by the organiser and it looks like the company is about to be liquidated, even though they claim on their website that they will be making plans for future events!!
A statement posted on the Galtres website says that the future of the festival is bright despite trading difficulties experienced in recent years. And goes on to say: “It’s our firm intention to pay all suppliers in full at the earliest opportunity. It’s about safeguarding revenues. Our event has a hugely positive economic impact on the region, and we are determined to see that continue.”
Maybe a small glimmer of hope for the traders concerned, but if the company is being wound up, the traders do not fall into the preferential creditors category unfortunately and will likely see very little in the pound back or as in most cases, no return!
If you have been affected by this, please contact: firstname.lastname@example.org