Another victim of the recession

Tickertyboo · 20th October 2008, 19:33

Well, we had to call in the receivers tonight after over 48 years of repairing cars, vans and any other vehicle that came our way. Primarily we are commercial vehicle bodybuilders but no ones buying trucks at the moment. I've been there for over 32 years and feel really sad, especially for my lads.
Being General Manager I'll get a few weeks work helping the receivers shut it down but I'll certainly be long gone before Christmas.
Anyway, I'll be hanging on to T108, my CDT, but I'm afraid the Stag will have to go.

FROGGY · 20th October 2008, 19:44

Nowt I can say to help but the best of luck to you and yours.
Been there, done that, it's NAUGHTY WORD-NAUGHTY WORD-NAUGHTY WORD-NAUGHTY WORD-, but very often there's something round the corner.
Best wishes from Mick.

Zeb · 20th October 2008, 19:45

Very very sorry to hear that....

stocktake · 20th October 2008, 19:48

As Zeb says above, sad news indeed. No fewer than three of my friends have had similar news this week

. Very scary at the moment

sworks · 20th October 2008, 20:04

I was working in a garage 8 years ago and they called in the receivers. (31 October 2000) Redundant at the age of 30! I had went there from school and it was the only place i had worked, not a very good feeling at all and i sympathise with you. For me it ended up as the best career move of my life although it didn't feel like that at the moment. Good luck for the future

JohnDotCom · 20th October 2008, 20:18

Very sorry to hear your news.
I do hope you can find alternate employment soon.

I have to make 5 Staff redundant purely to keep our profits running at current levels.
Rough times at the moment, I'm afraid.

Martin75 · 20th October 2008, 20:30

I was the other side 31 years ago. I was appointed to supposedly disassemble and close down a large Datsun dealership in Lancashire. 12 months on it had traded it's way out and was a successful entity.

Perhaps with the Banks, now all but state-owned and a government poised on the revival of Keynsian economic strategy, your receiver may be either unkeen or secretly forbidden to crystalise your debt from their balance sheet! Try and determine if they can see a way for it to trade through?

I should add equally my sympathy for you and your families current disposition and wish you all good luck and a fair wind.

Tim_Burgess · 20th October 2008, 21:28

What can I say. It's really scary out there in the real world at the moment. Perhaps we'll get the chance to make a few politicians redundant in 2010.

All the very best for the future.

Tickertyboo · 20th October 2008, 21:34

Many thanks to you all for all the kind words.

Les.

nick nick · 20th October 2008, 21:44

So sorry to hear of your situation Les.
Have you got any idea what you will do in the future.

what ever you do GOOD LUCK

20th October 2008, 19:33	#1
Tickertyboo Regular poster Rover 75 CDT Saloon Join Date: Nov 2006 Location: Bishop Auckland. Posts: 78 Thanks: 0 Thanked 0 Times in 0 Posts	Another victim of the recession Well, we had to call in the receivers tonight after over 48 years of repairing cars, vans and any other vehicle that came our way. Primarily we are commercial vehicle bodybuilders but no ones buying trucks at the moment. I've been there for over 32 years and feel really sad, especially for my lads. Being General Manager I'll get a few weeks work helping the receivers shut it down but I'll certainly be long gone before Christmas. Anyway, I'll be hanging on to T108, my CDT, but I'm afraid the Stag will have to go.

20th October 2008, 19:44	#2
FROGGY I really should get out more....... MG ZT CDTI Join Date: Sep 2007 Location: 17500 REAUX, CHARENTE-MARITIME Posts: 2,749 Thanks: 2 Thanked 133 Times in 90 Posts	Nowt I can say to help but the best of luck to you and yours. Been there, done that, it's NAUGHTY WORD-NAUGHTY WORD-NAUGHTY WORD-NAUGHTY WORD-, but very often there's something round the corner. Best wishes from Mick. __________________ http://i200.photobucket.com/albums/a...ps628d4119.jpg IN THE BLACK NOW

20th October 2008, 19:48	#4
stocktake Vis Whiz Rover 75 2.5 auto Saloon Join Date: Jun 2007 Location: LEEDS Posts: 20,605 Thanks: 2,057 Thanked 3,056 Times in 1,621 Posts	As Zeb says above, sad news indeed. No fewer than three of my friends have had similar news this week . Very scary at the moment __________________ Dave... Lost a few stones and a Gall Bladder and part of a bile duct and all of my dignity in the suppository incident

20th October 2008, 20:30	#7
Martin75 Loves to post Rover 75 CDti Auto Saloon 2004 Join Date: Nov 2006 Location: North Essex Coast Posts: 489 Thanks: 4 Thanked 5 Times in 1 Post	Is it the end? I was the other side 31 years ago. I was appointed to supposedly disassemble and close down a large Datsun dealership in Lancashire. 12 months on it had traded it's way out and was a successful entity. Perhaps with the Banks, now all but state-owned and a government poised on the revival of Keynsian economic strategy, your receiver may be either unkeen or secretly forbidden to crystalise your debt from their balance sheet! Try and determine if they can see a way for it to trade through? I should add equally my sympathy for you and your families current disposition and wish you all good luck and a fair wind.

20th October 2008, 21:28	#8
Tim_Burgess This is my second home 1999 75 Connoisseur SE 2.5, 2000 75 Classic SE 2.0, 2012 Lancia Delta 3, 2016 Dacia Sandero Ambiance Join Date: Jan 2007 Location: Kilcreggan Posts: 3,191 Thanks: 334 Thanked 334 Times in 162 Posts	What can I say. It's really scary out there in the real world at the moment. Perhaps we'll get the chance to make a few politicians redundant in 2010. All the very best for the future. __________________ *The fact there's a highway to hell and only a stairway to heaven says a lot about anticipated traffic numbers.*.

20th October 2008, 19:45	#3
Zeb Banned MGZT V8 & ZTT 190+LPG Join Date: Nov 2006 Posts: 8,089 Thanks: 0 Thanked 0 Times in 0 Posts	Very very sorry to hear that....

20th October 2008, 20:04	#5
sworks This is my second home Rover 75 Tourer, Classic mini Cooper S, Abarth 595 competizione, MG TF and a Hyundai Tucson PHEV Join Date: Feb 2007 Location: Cumbria Posts: 13,082 Thanks: 1,033 Thanked 1,686 Times in 1,040 Posts	I was working in a garage 8 years ago and they called in the receivers. (31 October 2000) Redundant at the age of 30! I had went there from school and it was the only place i had worked, not a very good feeling at all and i sympathise with you. For me it ended up as the best career move of my life although it didn't feel like that at the moment. Good luck for the future

20th October 2008, 20:18	#6
JohnDotCom * Rover 75 FaceLift Tourer CDTi 170BHP Auto ConnSE 2005 Model Starlight Silver Join Date: Nov 2006 Location: Abergele Posts: 28,735 Thanks: 0 Thanked 6 Times in 5 Posts	Very sorry to hear your news. I do hope you can find alternate employment soon. I have to make 5 Staff redundant purely to keep our profits running at current levels. Rough times at the moment, I'm afraid.

20th October 2008, 21:34	#9
Tickertyboo Regular poster Rover 75 CDT Saloon Join Date: Nov 2006 Location: Bishop Auckland. Posts: 78 Thanks: 0 Thanked 0 Times in 0 Posts	Many thanks to you all for all the kind words. Les.

20th October 2008, 21:44	#10
nick nick Retired R75 CDTI SE ( N80 UTD ) Join Date: Oct 2007 Location: Gateshead Posts: 2,256 Thanks: 0 Thanked 1 Time in 1 Post	So sorry to hear of your situation Les. Have you got any idea what you will do in the future. what ever you do GOOD LUCK