PRESSCO PRECISION ENGINEERING LTD

 Unit 22-23 Ordnance Court     Ackworth Road Industrial Estate    Hilsea     Portsmouth     Hampshire    PO3 5RZ 

     Tel: 023 9263 9780     Fax: 023 9263 9781   Email: sales@pressco.co.uk

                                                   

 

 

 

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Terms and Conditions of Sale

The term 'Buyer' refers to the Company purchasing the goods. The term 'Seller' refers to Pressco Precision Engineering.

  1. Terms of payment are Nett Monthly account, ie payment to be made within 30 days from the end of the calendar month during which the goods were invoiced, unless otherwise agreed. If payment is not made Pressco Precision Engineering, without prejudice to any rights it may have, shall be entitled to suspend any further deliveries to the Buyer.

  2. Title of goods supplied shall not pass to the Buyer and the goods shall remain the absolute property of the Seller until payment has been made of the full contract price. This condition is immutable and not negated by any Conditions of Purchase. Acceptance of the goods constitutes agreement as defined only by Pressco Precision Engineering Conditions of Sale.

  3. In case of non payment by the due date of the Buyer having a liquidation order made against him, or having a receiver appointed of assets, or part thereof, the Seller shall be entitled to repossess or trace the goods, or the proceeds of sale from the customer, liquidator or receiver.

  4. In the circumstances specified in 3 above, the Seller shall be entitled immediately after giving notice of his intention to do so, enter upon the premises of the Buyer with such transport as may be necessary and repossess any goods to which he has title hereunder.

  5. Until all sums due to Pressco Precision Engineering have been paid in full, Pressco Precision Engineering shall be entitled to exercise a lien over all moulds and other goods belonging to the Company.

  6. Orders may be cancelled only with the written consent of Pressco Precision Engineering. The Buyer will be liable for the cost of the parts manufactured or as a percentage if the components are in the course of manufacture, including raw material and labour.

  7. The goods shall be at the Buyer's risk at the point of delivery or when they are placed at the Buyer's disposal if earlier.

  8. No representation or warranty is given to the suitability of the goods for any particular purpose and the Buyer shall be responsible for ascertaining whether the goods are suitable and fit for the Buyer's purpose.

  9. The Buyer shall inspect the goods on receipt and any claim by the Buyer which is based on any shortage or defect in the quality or condition of the goods or their failure to correspond to satisfaction, shall be notified to the Seller in writing within 7 days from the date of delivery.

  10. No liability will be accepted by the Seller should goods be processed with the users knowledge that the goods are not performing to an acceptable level.

  11. The Seller will not be liable to the Buyer for any consequential loss or damage whatsoever which arises out of or in connection with the supply of the goods or their use or resale by the Buyer.