Terms of use
About Owed
Owed is provided by Michael Meyer, of Lytchett House, 13 Freeland Park, Wareham Road, Poole, Dorset, BH16 6FA. You can contact us at hello@owedhq.co.uk.
Who Owed is for
Owed is for businesses, including sole traders, that are owed money by other businesses. By using it, you confirm you’re using it for your business.
Not legal advice
Owed explains the Late Payment of Commercial Debts (Interest) Act 1998 in general terms and gives you letter templates. It isn’t legal advice and it doesn’t know the details of your contract. Check your contract, the figures and the letters before you send anything, and get legal advice if you’re unsure. You’re responsible for what you send. The letters follow the court rules for England and Wales.
Your data
The invoices and details you enter are saved in your browser on your device, not by us. Keep your own records: if you clear your browser’s data or change device, we can’t restore them. Our privacy notice explains what we do with personal data.
Owed Pro
- Pro costs £19 a month, charged in advance through our payment provider, Stripe.
- It renews every month until you cancel. You can cancel at any time from “Manage subscription”. Pro stays active until the end of the month you’ve paid for.
- We don’t refund part months, except where the law requires us to.
- If we change the price, we’ll email you at least 30 days before the new price applies.
- Your licence key unlocks Pro for you and your business. Don’t publish it or share it outside your business.
Availability and changes
We work to keep Owed available and accurate, but we can’t promise it will always be available or free of errors. We may change or improve features.
Our responsibility to you
We aren’t responsible for losses that weren’t foreseeable, for loss of profit or business, or for losses caused by relying on a calculation or letter without checking it. Our total liability to you is limited to the amount you paid us in the 12 months before the claim. Nothing in these terms limits liability that the law doesn’t allow us to limit, such as liability for fraud, or for death or personal injury caused by negligence.
Ending access
We may suspend or end access to Pro if it’s misused, for example if a licence key is published.
Law
These terms are governed by the law of England and Wales, and the courts of England and Wales deal with any dispute about them.
Changes to these terms
If we change these terms, we’ll update this page and the date at the top. If a change affects your Pro subscription, we’ll email you first.