[2025] EWHC 2426 (Comm)

The Claimant relies upon the contents of the Particulars of Claim, which are verified by a statement of truth, and a skeleton argument from Mr Micheál Murphy of counsel.

Within the skeleton argument, the amounts claimed are the principal sum of £165,000 and interest of either £346,129.03 or £241,198.35. Those interest figures are calculated to 8 August 2025. The additional interest from that date until today (24 September 2025) is, making the former figure, as of today’s date, £353,709.67 (an additional 1 month at £5,000 per month and 16 days at £161.29 per day) and the latter figure £77,897.87 (47 additional days at £3.6.16 per day).

In an email of 31 July 2025, the Defendant appears to acknowledge indebtedness of £110,000 to the Claimant. However, he has not entered a defence nor is there any explanation from him, whether verified by a statement of truth or otherwise, as to why the principal sum claimed by the Claimant is incorrect. In the absence of any such material, I see no grounds to enter judgment for any principal sum other than that claimed in the Particulars of Claim, namely £165,000.

As for the claim for interest, the Claimant claims interest at the contractual rate pleaded in the Particulars of Claim. This is the only pleading on the issue and given the absence of evidence (or even submissions) to explain why it might be wrong, I adopt that method of calculation and give judgment for interest of £353,709.67.