Lots of dealers were multi franchise in the past. And today, dealers in usd cars and bikes sell different brands and seem to do OK. Many are single site one man bands or family run businesses that keep it small and manageable. Just like bike shops used to be, you would go in for a new pair of gloves and come out hocked up to the eyeballs for a bike that took your fancy.
Looks like there trying to reopen as js super bikes, I wouldnt want to be there when people start realising that there open again.
I don't mind admitting that i'm totally baffled by the sudden rise and interest in cheap s/h motorcycles and their customer base at the moment. Got talking to a "new trade" shop manager in the middle of this summer who is selling solely new Chinese motorbikes i'd never heard of, mainly 125cc. 4 months later and the place is now totally rammed with 50 plus bikes in the equivalent of two lock-ups, so much so that all the (i'm guessing) trade-ins are now left outside chained up.
How odd, I went past the gate there yesterday, all locked up, shutters down, no sign of life or activity Compared to the Hinckley site, the warehouse at Mountsorrel is tiny
Insolvent to the tune of nearly £12 million. Looks like they had not paid their VAT and PAYE for a while as they owed HMRC over £600,000. https://find-and-update.company-information.service.gov.uk/company/07177616/filing-history
Worst part of that is that employees potentially then get chased for the tax that wasn’t paid by the business on their behalf. I knew a few who worked at a co a few years ago who got caught with this and had to pay almost a whole year of tax. No redundancy then big bill. Double whammy
That's not true. If they paid it they were scammed. The liability is the responsibilty of the Company alone. The Group of Companies is insolvent to the tune of £18 million.
