BDC in administration

[Lec]

Probably get 20/25p in the pound at auction.

You'll be lucky, 10% at best, I need to get my hands on that stock list

 

[SLIPSHOD & SLAPDASH]

All my local branches are still trading. I was in one yesterday and had to sign an agreement to carry on using our account.

 

[Lec]

All my local branches are still trading. I was in one yesterday and had to sign an agreement to carry on using our account.

Yes they are trading 'in administration'

 

[ojb83]

i have used fosters for the last 8 years and they have got well bad they are still supplying us white good but got no stock on anythink ...and spoke 2 the rep at fitzgerald lighting 2 day he said they were in talks with some 1 ( thorn ) will be sold this week or be gone by next year !!

 

[exbdc]

I suspect they will close down rather than be bought out. The majority of staff have been made redundant. There are 3 people left in Micromark, all the buyers & stock controllers have gone. Several branches have been closed & those still trading are merely liquidating existing stocks.

Surprised it hasn't made it into the media as it was a

 

[Joey S]

I thought they wuz quite good actually.Applaud Smiley

 

[SLIPSHOD & SLAPDASH]

I thought they wuz quite good actually.Applaud Smiley

Anyone can be cheap when you haven't got anything

 

[thewatcher]

Most of the staff & sites have gone. Only a few left to tidy up loose ends & clear stocks. Any chance of refinancing went last Friday when somebody pulled the plug on them. Lot of money there as head office is worth c.

 

[sparkyrj]

My local branch in Crawley Sussex is still open and i still get emails from them nearly every day.

 

[exbdc]

More staff went on Friday. All that's left at White Hart Lane are IT & HR. Those sites that are still open (the ones they can't get out of the leases) are clearing out deleted & discontinued stock at 50% off. Exeter is gone & the stock's moved to Cardiff & other sites on the south coast have also gone. Don't order if it's not in stock as other manufacturers won't be supplying them.

 

[excutive]

Its not ture that all the staff have left Still have got a Director and the warehouse staff

 

[Mr Sworld]

Its not ture that all the staff have left Still have got a Director and the warehouse staff

Are you that Director, Ex(e)cutive? ] :^O

 

[excutive]

HA Ha Ha HaApplaud Smiley:O

Applaud Smiley

 

[exbdc]

Which Director? All the main board have gone. Must be an executve director.

 

[SLIPSHOD & SLAPDASH]

Unless their fibbing the North London branches are still trading. I was speaking to the accounts dept today.

 

[exbdc]

Accounts dept. are still there to collect outstanding debts. Green Lanes & Park Royal will probably stay open as they owned the leasehold of them + White Hart Lane.

 

[thewatcher]

Accounts dept. are still there to collect outstanding debts. Green Lanes & Park Royal will probably stay open as they owned the leasehold of them + White Hart Lane.

More branches closed today, but still 50% trading as far as i'm told. Surely leasehold belongs to administrator now, they would want to sell if your sums are right. Did they go down cos you left, ex-bdc.

 

[exbdc]

10 trade centres closed yesterday. My leaving made no difference but I did forecast this over 2 years ago. Sadly people were quite content to sit in their ivory towers & fiddle whilst Rome burnt. (Excuse the mixed metaphor!)

The only people I feel sorry for are the good, loyal people (usually low paid) across the country who will find it diificult to find jobs.

 

[Caravan Kate]

I heard George Bush wanted to buy them as he always wanted a Cowboy outfit.

I reckon by the end of the week all regionals will be gone leaving London with the original owner buying back and probably all his family...er I mean Senior Members of staff back in position ready to do the same again.

Obviously the consultants on

 

[exbdc]

To do that would mean getting all the stock back to WHL. Would it all fit in & would anybody find it? No difference there then!

Don't think the family can afford to buy WHL as it's last valuation was