Terms and conditions of sale

These terms and conditions apply to all sales of goods by Ridgestone Limited (hereinafter referred to as the seller) to any Purchaser (hereinafter referred to as the buyer) and to the exclusion of all other guarantees, conditions or warranties whether expressed or implied.  In the event of buyers’ orders containing conditions, such conditions are only binding in so far as they are not inconsistent with the seller’s conditions.

The seller’s catalogues, price lists and other advertising matter shall not form part of any contract or agreement.

Orders placed upon a quotation that has not been previously withdrawn are subject to confirmation that the seller accepts the same.

The seller reserves the right to amend or improve upon all specifications without prior notice.

 All quotations, drawings, specifications and associated information remain the property of the seller and are confidential, may be privileged and subject to intellectual copyright.   Any unauthorised use, duplication, dissemination or disclosure is strictly prohibited and may be unlawful.

All quotations and contracts shall be made in England and shall be construed and operate under English law.

Acceptance

No addition to or variation from these standard terms and conditions shall have effect unless expressly accepted by the seller in writing.

No order shall be binding until the seller has received clarification of all details, specifications, drawings, layout plans and deposit payments from the buyer or the buyer’s approved agent and the same has been accepted and acknowledged by the seller in writing.

The seller reserves the right not to accept or revoke at any time any orders at its discretion.

Cancellation and variation

Buyers’ orders cannot be cancelled or varied except on terms which will indemnify the seller against all loss.

Prices

The seller reserves the right to amend prices in respect of any changes to costs of raw materials, labour and transport occurring between acceptance and completion of the order, or that part of the order remaining uncompleted at the time of such increase.

Delivery

Delivery times are estimates and the seller accepts no liability whatsoever for any delay in delivery or failure to deliver arising from any cause, nor for any consequential loss or damage arising therefrom.

The seller reserves the right to deliver by instalments and invoice accordingly.

Postponement or refusal of delivery

Should the buyer, for whatever reason, postpone or refuse delivery, the seller reserves the right to invoice for the goods as if they had been delivered and arrange for secure warehouse storage and insurance at its discretion.  All costs arising from such abortive deliveries shall be borne by the buyer.

Delivery and installation charges

Unless otherwise stated, prices shall exclude delivery and installation.  The buyer shall provide all necessary information to allow the seller to formulate delivery/installation charges and any variation from the information on the actual date of delivery/installation may result in additional costs being charged to the buyer.

Value Added Tax

VAT is to be paid by the buyer in all cases at the rate ruling on the date of delivery. 

Retentions and discounts

No retentions or discounts shall be allowed other than those stated on the seller’s written acceptance of order.

Payment

Unless otherwise stated, 50% of the final purchase price, including delivery and installation charges, plus VAT, is to be enclosed with the buyer’s order as a deposit payment to process the buyer’s order.

The due date for the payment of the balance is the date of delivery.

Without prejudice to the seller’s rights or remedies arising from non-payment on the due date from the buyer, the seller may, at its discretion, make an interest charge at the rate of 2.5% per calendar month or part thereof on so much as is left outstanding until full payment including any interest is received by the seller.

Passing of risk

Risk in the goods shall pass to the buyer upon delivery.

Upon delivery the goods will be deemed to have been delivered complete and in satisfactory condition unless at the time of delivery it is noted on the accompanying delivery receipt and written notice for discrepancies or shortages, claims or damages is given by the buyer to the seller within three days of receipt of the goods.

Until the date of payment the buyer, if so requested by the seller, is to store the goods in such a manner that they are clearly the property of the seller. In the event that goods have been sold to any other party/parties, the buyer undertakes to place the whole amount of the proceeds of the sale into a separate bank account to be held in trust for the seller.

Reservation of title

The title in ownership of goods supplied by the seller does not pass to the buyer until payment in full has been received by the seller to include aforementioned delivery and installation charges, VAT and, when applicable, abortive delivery charges and additional delivery and installation charges and interest owing on late payment.

Should the buyer be in default of payment of any part of the order or shall before the whole of the purchase price has been paid, go into liquidation or be wound up or have a receiver appointed, then the seller may without prejudice to any other rights or remedies available be entitled to enter premises to recover possession of the goods and sell the same, retain all monies received on account of the purchase price and account to the buyer for any balance.

Ridgestone Limited is registered at 232, Hoxton Street, London, N1 5LX.  Company number 3944124  VAT number GB 649 74 7579