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Raymotors goes in to liquidation


maynragh

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40 minutes ago, piebaps said:

Court judgement now published https://www.judgments.im/content/J1950.htm

All makes a bit more sense, if you have to talk through solicitors in the first place its pretty clear to me that communication has broken down to an irreparable level. Its a shame, I've spent a small fortune in Raymotors shop over the years, always on a Sunday when I've started a job on the Saturday and broken something or its not the right size etc

So what happens to the assets now? will they be sold at auction? I still need to expand on my tool collection and there are a few cars out the back I wouldn't mind sticking a cheeky bid on.

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1 hour ago, maynragh said:

I find reading that even more saddening than if they’d just run out of money, or someone had been fiddling the books. What a waste. 

Spot on remind me of an old boy saying to me way back "Clogs to clogs in three generations lad "

......... a chap builds a business , dies,...... business inherited  ( back then by eldest son ), who spends    the assets and   dies  penniless  so his  kids have to start back from square one.

Sad .

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