General Car Related Discussion. To discuss anything that is related to cars and automotive technology that doesnt naturally fit into another forum catagory.
Sponsored by:
Sponsored by:

Motor World in trouble??

Thread Tools
 
Search this Thread
 
Old 08-10-2008, 10:09 PM
  #1  
Matt Tenpenny
also known as mini idiot
Thread Starter
 
Matt Tenpenny's Avatar
 
Join Date: Sep 2007
Location: coventry/telford
Posts: 229
Likes: 0
Received 0 Likes on 0 Posts
Default Motor World in trouble??

i had a customer in today who claimed to work for a company that looks after the lettings for buildings in which motor world trade in.

He told me that they were going into liquidation.

Dont know how true this is but i went passed a local branch of motor world and theyve got great big signs up promoting big discounts and clearences. 70% off etc etc.

has anybody else heard rumours?
Old 08-10-2008, 10:11 PM
  #2  
Dicko&Vacant
10K+ Poster!!
iTrader: (3)
 
Dicko&Vacant's Avatar
 
Join Date: Jun 2003
Location: Hartlepool
Posts: 10,956
Likes: 0
Received 0 Likes on 0 Posts
Default

im sure there was a thread about them going under on here about 2 weeks ago.

They only sold shite anyway so its not a masssive problem
Old 08-10-2008, 10:12 PM
  #3  
Matt Tenpenny
also known as mini idiot
Thread Starter
 
Matt Tenpenny's Avatar
 
Join Date: Sep 2007
Location: coventry/telford
Posts: 229
Likes: 0
Received 0 Likes on 0 Posts
Default

agreed! did anyone see their kroozin catalogue.NICE!
Old 08-10-2008, 10:13 PM
  #4  
R5FORD
10K+ Poster!!
iTrader: (1)
 
R5FORD's Avatar
 
Join Date: Jul 2006
Location: wolverhampton/ australia
Posts: 10,753
Likes: 0
Received 3 Likes on 3 Posts
Default

they are going down iirc from the previous thread. They couldnt have been that good or big i never heard of them halfords all the way
Old 08-10-2008, 10:23 PM
  #5  
nickscunny
Advanced PassionFord User
iTrader: (1)
 
nickscunny's Avatar
 
Join Date: Jun 2006
Location: Scunthorpe North Lincolnshire
Posts: 1,610
Received 8 Likes on 6 Posts
Default

news as been and gone.... they have re-opened...


a subsidery company has bought them,
Old 08-10-2008, 11:10 PM
  #6  
neilm
PassionFord Post Whore!!
 
neilm's Avatar
 
Join Date: May 2003
Location: Bedfordshire
Posts: 4,164
Likes: 0
Received 1 Like on 1 Post
Default

Their website is still off-line
Old 08-10-2008, 11:43 PM
  #7  
Less.
having a mid life crisis

 
Less.'s Avatar
 
Join Date: Jun 2003
Location: Kent
Posts: 46,642
Received 32 Likes on 30 Posts
Default

Dont they do a fair bit shut down then re open
Old 08-10-2008, 11:46 PM
  #8  
cabrio boy
Too many posts.. I need a life!!
 
cabrio boy's Avatar
 
Join Date: May 2003
Location: St Neots , Cambs
Posts: 935
Likes: 0
Received 0 Likes on 0 Posts
Default

mmmmmmmmmm nothing ive seen in the cambridge branch, and i sit in traffic outside most days
Old 08-10-2008, 11:54 PM
  #9  
Kelv
Almost there!

iTrader: (4)
 
Kelv's Avatar
 
Join Date: Jun 2003
Location: Gatwick (ish)
Posts: 7,434
Likes: 0
Received 0 Likes on 0 Posts
Default

Never heard of it/them
Old 08-10-2008, 11:55 PM
  #10  
Less.
having a mid life crisis

 
Less.'s Avatar
 
Join Date: Jun 2003
Location: Kent
Posts: 46,642
Received 32 Likes on 30 Posts
Default

Halfords but without the class
Old 08-10-2008, 11:56 PM
  #11  
Rennie
Scouse in the House
 
Rennie's Avatar
 
Join Date: Jun 2004
Location: Liverpool
Posts: 118
Likes: 0
Received 0 Likes on 0 Posts
Default

one by ours is still open selling shite.
Old 08-10-2008, 11:59 PM
  #12  
scottdob
Gotta love a ford
 
scottdob's Avatar
 
Join Date: Mar 2008
Location: st helens auckland
Posts: 116
Likes: 0
Received 0 Likes on 0 Posts
Default

my friend wrks for them whats happened is motorword went into admin 2 weeks ago and sold most of there store to a sister company and have only kept there 100 most profitable store to save on tax and exspenses so at the mo they at the point of bust or carry on
Old 09-10-2008, 12:16 AM
  #13  
shaun_rs
Wahay!! I've lost my Virginity!!
iTrader: (1)
 
shaun_rs's Avatar
 
Join Date: Oct 2008
Location: Beccles
Posts: 98
Likes: 0
Received 0 Likes on 0 Posts
Default

It is true, i was one of the many that got made redundent, im not sure what happended, all i heard was 90 shops so far in all got shut down, mite have to ask bout see what else i can find out
Old 09-10-2008, 02:35 AM
  #14  
twoblacklines
Advanced PassionFord User
 
twoblacklines's Avatar
 
Join Date: May 2007
Location: Chester, UK
Posts: 2,183
Received 2 Likes on 2 Posts
Default

great place for buying JBL GT4 subwoofers!!!!
Old 09-10-2008, 06:54 AM
  #15  
Daveysaff
Skint Passionford User
iTrader: (9)
 
Daveysaff's Avatar
 
Join Date: Aug 2005
Location: Upton, Wirral
Posts: 4,085
Received 0 Likes on 0 Posts
Default

Went into administration on the 25th, 95 shops shut and 300 lads out of work, 2nd wave of lay off went yesterday with all the area managers going.
Got bought out by Pacific Retail Ltd (Who are funded by the same people that owned MW in the first place )
I kept my job, but I need to get out sharpish, dont trust them anymore

Shaun rs which branch were you mate? Have a look on facebook if you want to join the slagging off
Old 09-10-2008, 07:09 AM
  #16  
Bullett
10K+ Poster!!

iTrader: (2)
 
Bullett's Avatar
 
Join Date: Apr 2005
Location: essex an proud
Posts: 11,951
Likes: 0
Received 1 Like on 1 Post
Default

typical bullshit company. they went bust on the 24th.the day before their quarterly rent etc was due.
then they get "bought out" by pacific via some directors who were directors of the old place anyway and re-open 140 odd stores up again.
therefore all their debt is gone and gets left with the companies they bought from.which in turn puts them in trouble.

typical and ive seen it plenty. jamex now g-max,. janspeed, etc etc
Old 09-10-2008, 08:54 AM
  #17  
Rs Adz
Too many posts.. I need a life!!
 
Rs Adz's Avatar
 
Join Date: Nov 2004
Location: blackpool
Posts: 636
Likes: 0
Received 0 Likes on 0 Posts
Default

so do u no which stores have been left open they were rubbish service not that i go in there much like not sorry 2 see them go
Old 09-10-2008, 01:20 PM
  #18  
shaun_rs
Wahay!! I've lost my Virginity!!
iTrader: (1)
 
shaun_rs's Avatar
 
Join Date: Oct 2008
Location: Beccles
Posts: 98
Likes: 0
Received 0 Likes on 0 Posts
Default

Originally Posted by Daveysaff
Went into administration on the 25th, 95 shops shut and 300 lads out of work, 2nd wave of lay off went yesterday with all the area managers going.
Got bought out by Pacific Retail Ltd (Who are funded by the same people that owned MW in the first place )
I kept my job, but I need to get out sharpish, dont trust them anymore

Shaun rs which branch were you mate? Have a look on facebook if you want to join the slagging off
Davey saff Im was from beccles 276, was a nice little shop but wasnt all that busy in the end, i heard bout 9 shops went in region 10. What shop did you work in?
Dont blame ya if you wanna get out quick i wouldnt trust them lol.
Ya iv join a couple of them on facebook lol
Old 09-10-2008, 05:55 PM
  #19  
Daveysaff
Skint Passionford User
iTrader: (9)
 
Daveysaff's Avatar
 
Join Date: Aug 2005
Location: Upton, Wirral
Posts: 4,085
Received 0 Likes on 0 Posts
Default

I'm still there mate, I had to empty out a few of the shops on our patch that closed though. Our region lost 5 branches (Region 6)
Old 09-10-2008, 06:57 PM
  #20  
Smiggy
Too many posts.. I need a life!!
 
Smiggy's Avatar
 
Join Date: May 2004
Location: Land of Nod
Posts: 756
Likes: 0
Received 0 Likes on 0 Posts
Default

I used to work for Powerhouse, the electrical retailer. We went into administration and Pacific Retail bought us over. I left soon after as I could see what was coming. Company didn't last long after that. Pacific are from New Zealand I think.
Related Topics
Thread
Thread Starter
Forum
Replies
Last Post
bobsworth
Restorations, Rebuilds & Projects.
77
24-03-2016 09:30 PM
Fezman1
Ford Sierra/Sapphire/RS500 Cosworth
1
02-10-2015 01:22 PM
PRO-LINE MOTORSPORT
General Car Related Discussion.
5
28-09-2015 09:54 PM
marky_g
General Car Related Discussion.
4
12-09-2015 04:26 PM



Quick Reply: Motor World in trouble??



All times are GMT. The time now is 02:58 AM.