Rag-Sourcing is a trading name of Rag Sourcing Ltd.
Copyright & intellectual property remain the property of Rag Sourcing Ltd until invoice (including interest and costs) has been paid for in full.
Risk of Goods passes to the buyer on delivery.
Title of Goods remains the property of Rag Sourcing Ltd. until invoice (including interest and costs) has been paid for in full (for the avoidance of doubt, this is a basic ROT clause).
Until title passes the buyer shall hold the goods as bailee and shall store and mark them so they can, at all times, be identified as the property of Rag Sourcing Ltd.
In the event the invoice is unpaid, Rag Sourcing Ltd. reserves the right to repossess, dismantle and use or sell any of the goods.
Rag Sourcing Ltd. reserves the right to sell the goods to any third party of their choice without trademark, copyright, intellectual property, regional, good will or any other infringement.
Failure to settle invoice within terms will result in interest incurred on overdue invoices at the rate of 8.5% per annum above Bank of England base rate.
Failure to settle invoice will result in legal action.
Nothing in these terms and conditions limit our full terms and conditions;

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Design Payment Terms:

  • All prices quoted in £GBP.
  • All prices exclude VAT (not applicable if invoicing outside of the EU).
  • Design projects require 100% proforma payment prior to commencing any project.
  • All invoices are payable on site of invoice.
  • Intellectual property, copyright, trademarks, title & goodwill remain the property of Rag-Sourcing until invoice is paid in full (including any interest or charges).
  • Nothing in these terms shall limit the full terms & conditions

Sampling Payment Terms:

  • All prices quoted in £GBP.
  • All prices exclude VAT (not applicable if invoicing outside of the EU).
  • Sampling projects require 100% proforma payment prior to commencing any project.
  • All invoices are payable on site of invoice.
  • Intellectual property, copyright, trademarks, title & goodwill remain the property of Rag-Sourcing until invoice is paid in full (including any interest or charges).
  • Nothing in these terms shall limit the full terms & conditions

Sourcing Payment Terms:

  • All prices quoted in £GBP.
  • All prices exclude VAT (not applicable if invoicing outside of the EU).
  • A 50% deposit is required to upon order placement prior to commencing of order.
  • A 50% balance payment is required prior to shipment of goods.
  • Freight, Duties & VAT are applicable on top of order value (unless expressly stated in writing to the contrary).
  • Freight, Duties & VAT invoices require 100% proforma payment prior to import or delivery of goods.
  • Credit terms are only available on orders where credit can be secured (for example a letter of credit can be provided).
  • All invoices are payable on site of invoice (except if credit payment terms have been previously agreed).
  • Risk of Goods passes to the buyer on delivery.
  • Title of Goods remains the property of R Retail Ltd. until invoice (including interest and costs) has been paid for in full (for the avoidance of doubt, this is a basic ROT clause).
  • Until title passes the Buyer shall hold the Goods as bailee and shall store and mark them so they can, at all times, be identified as the property of R Retail Ltd.
  • In the event the invoice is unpaid, R Retail Ltd. reserves the right to repossess, dismantle and use or sell any of the Goods.
  • R Retail Ltd. also reserves the right to sell the Goods to any third party of their choice without causing any trademark, copyright, intellectual property, regional, good will or any other infringement.
  • Failure to settle invoice within terms will result in interest incurred on overdue invoices at the rate of 8.5% per annum above Bank of England base rate.
  • Failure to settle invoice will result in legal action.
  • Intellectual property, copyright, trademarks, title & goodwill remain the property of Rag-Sourcing until invoice is paid in full (including any interest or charges).
  • Nothing in these terms shall limit the full terms & conditions

Company Info:

  • Rag Sourcing Ltd. (T/A Rag-Sourcing), (registration number 14004269)
  • Address: Nicholson House, Court Lane, Newent, Gloucestershire, GL18 1AR. United Kingdom.