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Completey Motorbikes Gone Into Administration

Discussion in 'Ducati General Discussion' started by cookster, Oct 4, 2024.

  1. @Coda take ride past on Monday mate see if there open.
     
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  2. I can do that, but I’d be tempted to go in there and give them a low-ball offer on that v4s they had for sale.
     
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  3. Why not mate, but if you do ,ride it home just in case :joy:
     
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  4. Yep, thankfully I only live 10 minutes away, they only called me Wednesday to advise the parts had come in and booked me in for next week.

    I assume if they have appointed administrators, they would normally look to continue running a business until they can either restructure the financial side or find a buyer, so hoping they do re-open. Expect if they do open it may be busy with angry customers, but not much in the way of sales.

    I have been a customer of Ducati/triumph north Wales’s and Chester for many years and recently the trade ins were really poor but the prices of used high, but when dealers start sponsoring racing teams and events, they spend far to much money on something that generates very little.
     
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  5. Stock take could well be the administrators or potential refinancers seeing what value it really has.
     
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  6. it is done, spoken to a few people who own bike shops locally,Santander were in their inventorying the stock and pulling it out the other day, rhe whole group is done, including the car side. It’s all gone pop.

    btw, the enquiries ‘cbs’ email address is most likely the one given to the creditors to gather info from affected customers.

    sounds like Rob needs to man up and be a big boy with his comms to staff.
     
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  7. Well, the website is still allowing people to reserve and buy online
     
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  8. The reservations will just get thrown back and refunded, I imagine by the end of the day the whole site etc will be locked down
     
  9. True, the website is still active, presumably because the persons responsible for it have been locked out with the rest of the staff.
    I don't believe you can buy a bike totally online without any contact via phone or email, which presumably would go unanswered, so I doubt whether people could still part with money.
     
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  10. So is Kawasaki Worcester
     
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  11. I think I’m gonna get on the bike and go visit worcs sites to see what’s up there. At least I can take a look and a couple of photos for posterity.
     
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  12. Interesting that the registered office was changed away from the auditors address to their own address just last week. Suggests the auditors have parted ways with the Company.
     
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  13. Now that speaks volumes. What chance yet another auditor is blamed for the collapse of a business ? Andy
     
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  14. IMG_0663.jpeg IMG_0662.jpeg IMG_0661.jpeg IMG_0659.jpeg IMG_0655.jpeg
    Both stores have the same bullshit A4 sheet on the door like at Staverton.

    I spoke to another contact in the business and they told me that they’d known Completely were in trouble for some time, because there was a stop on their accounts with some parts suppliers. You only get that when you ain’t paying your bills. They also told me they couldn’t afford to run a BSB team but did anyway, and also that the owners were still driving around in Ferraris. And he tells me they’ve definitely gone bump, the stocktake is a half-truth, and nobody (in their opinion) are getting their deposits back.

    That boils my blood. I took a picture thru the Duc Worcs store window of a black Pani V2 with SOLD on it. I feel sorry for that person.
     
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  15. Is Kawasaki Worcester where the Yamaha dealer used to be? Looks familiar.
     
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  16. Without knowing where Yamaha used to be, the pin drop is Kawasaki

    Screenshot_20241005_172345_Maps.jpg
     
    #56 Robert Colliver, Oct 5, 2024
    Last edited: Oct 5, 2024
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  17. Yes. Completely bought the Yamaha dealer and turned it green.
     
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  18. He may well be lucky and it’s a credit card deposit and no further funds have been transferred.

    I feel sorry for the employees who are now jobless and may well be unpaid for last Months work?
     
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  19. @Android853sp fine by me that you disagree but this is what I heard today, so if you know different please share.
     
  20. Wasn't me :sob: undone :upyeah: definitely ,something going on with these random emojis. Andy
     
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