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WARNING!!
Before purchasing any goods from please&thankyou.co.uk (pleaseandthankyou.co.uk) we suggest that it might be worth your time to read the information on this page and the additional facts on this website related to Pleaseandthankyou Ltd
In August 2008 Wrapit, an online wedding gift company, went into administration owing £7m. Two thousand couples, who held wedding lists with the company lost many if not all of their wedding presents purchased online by friends and family.
72,000 guests who were in the process of buying wedding presents were let down
The former managing director of Wrapit was Peter Gelardi.
Please&thankyou (pleaseandthankyou.co.uk), which has now been set up, sells products for the home and garden. Nicholas Gelardi, who, according to newspaper reports ran Wrapit along with his father, is director and company secretary of pleaseandthankyou Ltd. Peter Gelardi is also reported to be working on the new site in an advisory role
The new firm is operating from Wrapit's former offices in Delta Park, Wandsworth, South London.
Besides Nicholas Gelardi, Please&Thankyou is reported to being run by three other former WrapIt employees and it was formed under the directorship of Amroth Ltd, a company of which Peter Gelardi is a director.
Co founder of Wrapit Pepita Diamand, when asked about the new company is quoted as saying " “I’m sorry for customers who were affected and I well understand that the re-emergence of the company leaves them with a sour taste in their mouths.” She said: “I was invited to participate in the new business and flatly refused.”
According to the final KPMG Administration report Wrapit's trading prior to its demise were as follows
Y/E 31/12/2004 |
Y/E 31/12/2005 |
Y/E 31/12/2006 |
Y/E 31/12/2007 |
to 31/05/2008 draft |
|
Retained profits/(Losses) |
(£1.8m) |
(£2.4m) |
(£3.0m) |
(£4.3m) |
(£4.9m) |
Directors Emoluments |
£211,000 |
£229,000 |
£238,000 |
Not available |
Not available |
When interviewed about Wrapit by Phil Williams on BBC Radio 5 live the question which was never satisfactorily answered was"Explain how you managed to go bust when you're getting money in, well in advance of having to spend it?"
“I fail to see what brides not receiving their wedding presents has got to do with me. It is necessary to earn a living so I have set up a business.” - Nicholas Gelardi quote to The Sunday Times March 22nd 2009
Please feel free to visit the other pages on this web site including the news page which contains new information as of 24/05/09
Please and Thankyou org uk - Pleaseandthankyou.org.uk - Please&thankyou.org.uk -June 2009
Last updated 4/09/09