Bike buisness for sale 3 million turn over....

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Comments

  • The Rookie
    The Rookie Posts: 27,812
    Latest offering...bit late now as the assets have been sold (not the business).
    https://www.eddisons.com/assets/uploads ... .11.18.pdf
    Currently riding a Whyte T130C, X0 drivetrain, Magura Trail brakes converted to mixed wheel size (homebuilt wheels) with 140mm Fox 34 Rhythm and RP23 suspension. 12.2Kg.
  • shirley_basso
    shirley_basso Posts: 6,195
    Business will be worthless then. No assets and bad reviews.
  • The Rookie
    The Rookie Posts: 27,812
    And went bust before the asset sale apparently.
    Currently riding a Whyte T130C, X0 drivetrain, Magura Trail brakes converted to mixed wheel size (homebuilt wheels) with 140mm Fox 34 Rhythm and RP23 suspension. 12.2Kg.
  • darkhairedlord
    darkhairedlord Posts: 7,180
    What's left then? A crippling lease tied to extortionate business rates, a home made e-commerce site with questionable security and gdpr compliance, some unwanted stock in weird sizes that didn't go in the fire sale and perhaps a transit with two years left on the lease.
  • Moonbiker
    Moonbiker Posts: 1,706
    Singletrack forum was a thread complaining orders from them not turning up. They don't seem to have realized yet the company was bankrupt but still continued selling stuff thay couldn't deliver... :roll:
  • The Rookie
    The Rookie Posts: 27,812
    If you get past about page 6 on that thread its all in there, most those posts were from before the weekend when they were still 'selling' and taking money. I think there are some serious questions for the owners/directors and most senior staff to answer when they were taking money knowing they wouldn't be satisfying the orders, they also took money when they had committed that no money would be taken until dispatch.
    Currently riding a Whyte T130C, X0 drivetrain, Magura Trail brakes converted to mixed wheel size (homebuilt wheels) with 140mm Fox 34 Rhythm and RP23 suspension. 12.2Kg.
  • Moonbiker
    Moonbiker Posts: 1,706
    Didn't get that far

    That site has so many advert pop ups & re directs recently to different websites its near unusable.

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