- Location
- DD9.
I don’t know if I’d be that generous, but I’d rather buy one of their existing designs than one designed by a TFF committee..
KTwo gone bust?
- Thread starter Bald Rick
- Start date
Tractorstant
Member
- Location
- Monaco.
Inviting offers with Proof of funds by COB on Wednesday 10th? It would take a 24h to turn the NDA around.
How is anyone meant to make an informed discussion in that short window of time?
They are not operating in the best interest of the creditors. Unless it's all be sown up behind the scenes.
Daniel
Member
- Location
- Mildenhall, Suffolk
How much do they want for it? Is it a way of clearing the debts and starting again?
fieldfarmer
Member
Has Warwick trailers been kept a separate business from ktwo ? If so I wonder if they will put in a offer!
- Location
- Northumberland
Just what the buffalo farm has done.
Tractorstant
Member
- Location
- Monaco.
They won't tell you anything until you sign an NDA. So let's say you do that on Monday, you have then 48h to make an offer???!!
Interestingly they are also the company liquidating Cornish Crabbers a small boat company that's been in our press.
Daniel
Member
- Location
- Mildenhall, Suffolk
Well, I won’t be bidding, my welding is just about good enough to stick two bits of metal together as long as you’re not too bothered what it looks like!
- Location
- Ashbourne, Derbyshire
Looks like the Warwick factory or name is not included
Warwick branded muckspreaders and high spec trailers appearing soon maybe?
- Location
- South West
- Location
- East Yorkshire
people will make a big song and dance about it being wrong etc but if theres a deal to be done on a good trailer they will soon forget
Not the first to think that.
Crabbers are always in liquidation it seems, but do continue to change owner rather than jump ship from a debt and carry on, looks like ktwo are dissolving the name and changing guise to Warwick on the face of it.
Chae1
Member
- Location
- Aberdeenshire
@AshleyKTWO care to comment on this?
- Location
- South West
I’d be amazed if everything that ktwo own is in the liquidation sale, and not already been brought by Warwick for pennys on the pound… there will be blue push trailers and muck spreaders in a minuteYou almost couldn’t make it up could you
Buffalo farm springs to mind
- Location
- Cheltenham
Perhaps it’s better to wait for the outcome of this administration and then all or none can draw their own conclusion. Let’s hope something good emerges for the employees who as we speak presumably have no jobs?
- Location
- South West
And out of those staff members who have no jobs you think there sat at home waiting for the call to go back to work? Even if they haven’t found employment else where by the time someone (if anyone) buys it out you think they would go back to work there long term, not just a month or two until they find another job that’s potentially more stable. Granted nothing is a sure bet now a days but I certainly wouldn’t go back to a company with open arms after they’d just gone pop.
- Location
- Cheltenham
That’s up to them ultimately and I suppose who ends up owning it, so they can make an informed decision
The whole business is for sale, including both brand names. There are many ideas floating around between the staff and also several interested businesses who i cannot name... one thing i hope for sure is that the designs and business continues...
fieldfarmer
Member
.
Thank you, can I ask although both business are for sale are both in administration or just the ktwo brand?
Hilly
Member
- Location
- Scottish Borders.
Cant be very nice for all concerned, i wish them all the best in the future.