Terms and Conditions

Quotations provided by Labelfold Limited (trading as Label Source) of 11 Park Square, Newport, South Wales NP20 4EL (the Seller) is an invitation to the buyer (the Buyer) to make an offer only. No order placed by the Buyer on the Seller, further to a quotation or otherwise shall be binding on the Seller, unless and until accepted in writing by the Seller's acceptance by order form, or confirmation, despatch note, or goods are despatched or that work is commenced.

Any contract made with the Seller for the sale of goods, work or services shall incorporate and be subject to these conditions, and any representation or warranty, whether written or verbal, or provided prior to the contract is hereby expressly excluded, and all brochures, catalogues, specifications, drawings, descriptions, illustrations, colours, prices and advertising are intended only as an outline guide and a general idea of the goods described therein.

Any specifications quoted by the Seller must only be treated as approximate, and the Seller reserves the right to amend without notice at any time before delivery, any specifications, materials or methods of manufacture of its products.

Price Terms

All prices are exclusive of packing, delivery and VAT (Value added tax).

The Seller reserves the right to vary its prices without notice to the Buyer, and the price payable shall be the price ruling at the date of delivery.

Prices based on a specified quantity of goods apply only on the basis of a continuous production of that quantity, unless otherwise specified, and the definition of continuous run is at the discretion of the Seller. If the Buyer reduces or varies the quantity of goods ordered, which results in a production run of a lesser quantity, the price applicable to the lesser quantity shall apply, and if not covered by quotation, reasonable adjustment of the price shall be the Seller.

Payment Terms

Unless otherwise agreed, in writing, all accounts must be paid within 30 days of the date of invoice. If at the date on which the Seller is ready to despatch, or deliver the goods, the Buyer delays delivery for any reason, the Seller may present invoices for settlement on that date.

In default of payment, and without prejudice to any rights or remedies, the Seller reserves the right to demand payment of all outstanding balances, whether or not due, and/or to cancel all outstanding orders.

Interest shall be charged on the outstanding balances, at the rate of 8.0% above the Bank of England's base rate, in the event of late or delayed payment, contrary to the Late Payment of Debts Act. The Buyer shall not be entitled to withhold or set-off payment for goods delivered or work undertaken for any reason whatsoever.

Credit Terms

This contract shall be subject to the provision that, if at any time thereafter, the Seller is advised of circumstances casting doubt on the creditworthiness of the Buyer, or that satisfactory security for payment is not given on request, or if the Buyer is in default of payment for supply of other goods, the Seller may require payment of the whole or part of the purchase price in advance, and of the full price of all other goods sold to the Buyer by the Seller, and pending such payments, this contract shall be suspended.

In the event of such payments failing to be made, within a reasonable period stipulated by the Seller, the Seller may cancel the Buyer's order, without liability, and the Buyer shall be responsible for any resulting loss to the Seller.

In the event of any breach of these conditions of sale, not being remedied by the Buyer, within seven days of the Seller's written notice requesting such remedy, or upon the Buyer entering into any composition, or arrangement with its creditors, or passing a resolution for winding up, or entering liquidation (either voluntary or compulsory), or any similar arrangement , or a Receiver is appointed of the Buyer's assets, the Seller shall be entitled, without prejudice, to its other rights hereunder to suspend all further deliveries, and/or determine the contract or any unfulfilled part thereof, and the Buyer shall be responsible for any resulting loss to the Seller.

Export Terms

Contracts for provision of goods outside the United Kingdom will be supplied under Incoterms, the international rules for the interpretation of trade terms as designated by the trade terms of the International Chamber of Commerce, in force at the date of the contract, unless other agreed special conditions in writing apply. In the event of any conflict between Incoterms and these agreed special conditions, the special conditions shall prevail.

The Buyer shall be responsible for complying with any legislation or regulations governing the importation of the goods into the country of destination and the payment of any resulting duties.

Unless otherwise agreed in writing between the Buyer and the Seller, the goods shall be delivered free on board (FOB) sea or air port of shipment, and the Seller shall be under no obligation to give notice under section 32(3) of the Sale of Goods Act 1979.

The Buyer shall be responsible for arranging for inspection of the goods at the Seller's premises before shipment. The Seller shall have no liability for any claim in respect of any defect in the goods, which would be apparent on inspection and which is made after shipment, or in respect of any damage caused during transit.

Payment of all amounts due to the Seller shall be made by irrevocable letter of credit opened by the Buyer in favour of the Seller and confirmed by a bank acceptable to the Seller, unless the Seller has agreed in writing on or before acceptance of the Buyer's order to waive this requirement. Payment shall be in pounds sterling unless agreed otherwise in writing.

The Buyer undertakes not to offer the goods for any other country notified by the Seller to the Buyer at or before the time the Buyer's order is placed, or to resell the goods to any person or organisation which intends to resell the goods in any such country.

Transfer of risk

The risk in respect of all goods sold under the contract shall pass to the Buyer upon the delivery of the goods by the Seller, its servants or its agents, at the address nominated by the Buyer in the order, and before unloading. Property of the goods shall not pass to the Buyer , as is outlined in the Retention of Title clauses below.

Retention of title

Title will only pass to the Buyer on full payment of the purchase price of the goods to the Seller, only on clearance of any payment, by cheque or credit card or bank transfer.

The property in the goods comprised in this contract remain vested in the Seller, notwithstanding the delivery of the same and the passing of the risk therein.

The Buyer shall store the goods in such a manner that they can be easily identified as being the property of the Seller.

The Buyer shall on request inform the Seller of the precise location of each items of the goods identified, where applicable by its reference number, by supplying the Seller at its expense within 7 days of its request by a schedule in writing.

The Buyer may sell the goods as the Seller's agent in the normal course of the Buyer's business, and may pass good title to the Buyer's customer being a bona fide purchaser for value without notice of the Seller's rights on the following conditions;

a). The Seller may revoke the Buyer's said power of sale in breach of any of the previously described payment and credit clauses.
b). The Buyer's power of sale shall automatically cease in any of the circumstances set out in the Intellectual rights clauses outlined later.
c). The Buyer shall notify the Seller without delay of any attachment of the goods or actions by third parties, which may infringe the Seller's title to the goods.

6. Upon determination of the Buyer's power of sale, the Seller shall be entitled by itself, its servants, or agents to enter upon any of the Buyer's premises for the purpose of removing and repossessing such goods, and the Seller shall be entitled to claim from the Buyer, the costs and expenses incurred by the Seller in the ancillary to the process of such removal and repossession.

7. Title retention under Scottish Law. In the case of sales of goods in Scotland clause 2 above shall be replaced by: Until the purchase price of the goods comprised in this contract between the Buyer and the Seller shall have been paid in full.

Data protection

Each party shall comply with its respective obligations under the Data Protection Act 1998 in relation to all Personal Data (as defined in the Act) that is processed by it in the course of performing its obligations under this Agreement.

Without prejudice to the clause above the Company shall maintain sufficient technical and organisational measures to prevent unauthorised or unlawful processing of Personal Data and to prevent any loss, destruction or unauthorised disclosure of Personal Data.

Methods of Payment

Payment can be received by the following means.

1. Credit card. Payment can be made by Mastercard, Visa, Visa Delta, Visa Electron, Solo, Switch and JCB. Payment will be processed only on despatch of goods. Payment will be in Pounds Sterling, unless otherwise agreed. Payments can be converted into Euros or US Dollars with prior agreement following confirmation of pricing in those currencies.

2. Cheque. These can be made payable to Label Source in Pounds Sterling.

3. Account payment. For approved account holders, payment in Pounds Sterling will be based on 30 days nett from the date of invoice. For new customers seeking account status, please complete our account application form, which can be downloaded off the home page.