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I'm inclined to agree but I can easily see them claiming they're spending a fortune on solicitors fees just by sending a few reminder emails to me over the course of a few months.
Edit: which I guess is against their interests as there's even less chance of me paying that let alone a ££££ license in the first place.
CYOA
I'm far from an expert, so you should probably just ignore me, but I can't imagine them spending money chasing an individual without being sure they would either win a settlement in court with many 0's.