Safety Devices call in administrators!!!

[beast5680]

cruising round the forums it seems that safety devices has ceased trading :shock:  couple of guys on the LRO forum work for them and now out of jobs LROforum

[Jake]

Blimey
Another bit of history consigned to the books!
So who is gonna build the G4 cars for next year?
Does that mean that the famous roof rack will become a collectors item?
Bad day for Landie fans!
 :?

[Dave]

"What" i thought they were doing well, all the racing and competiton stuff they do "did" just shows if there is somthing you like buy it or you may not be able to get it later .

 Wife looking over my sholder

[Andy.]

Very sad news, nice guys down there sorry to see them go  

But I'm glad I got my rack when I did, imagine the price they'll fetch now  :shock:

[Jake]

Price  :shock:
I did'nt think of that!!
Mine is being collected on Satuarday!!
Skywalker is coming to see me and collect his roof rack
Oh well, i've made someone happy. Thats the main thing
 







(only kidding)

[drmike]

Does anyone have any idea why they went under?

their prices were hardly low and you'd have thought that they shifted enough stock to keep going.

Who was that cage manufacturer that stopped trading about 5 years ago - sonething weld - got it Betaweld! They stopped because the owner had an accident/health problem I think. They were keen prices too while SD always seemed to be top dollar.

Mike

[Andy.]

I remember Betaweld. I had just decided on one of there roof racks because SD were to expensive and they did a very similar design with the roof step.

Then I got an email saying that due the health reasons the company had closed, so in the end decided to get a SD anyway.

[Paul]

imagine the price they'll fetch now  :shock:

 :D  \:D/

[turtle]

Just when I'm in the market for a cage  :?

[Andy.]

I would of thought that they'd still have some stock which will need selling off as part of the closure process.

I'd give them a call.

[turtle]

Good point Andy, I wonder if there stock will be a little cheaper  :?

[Bulli]

I think the guy at betaweld was called Simeon and if i remember he broke his back and has never recovered sufficiently to start again. Their Kit was great. Even second hand a Safety devices cage for a disco went for 650 on ebay ..dont know who bought it but they were only 725 new!!! I spoke to one of the guys who is in LRO and he will do a full cage ,external, for 800 or internal for 400, so they certainly werent cheap.
Most small companies go bust because someone owes them money, sad but true.

[turtle]

I spoke to one of the guys who is in LRO and he will do a full cage ,external, for 800 or internal for 400, so they certainly werent cheap.

If that a fitted price? can I ask who the company is?

[datalas]

I think the guy at betaweld was called Simeon and if i remember he broke his back and has never recovered sufficiently to start again.

ISTR he was involved in a *very* bad accident and was more or less bed ridden for many a month.   It was quite sad really since he was a nice guy, and jolly good at making roll cages too.

[landyman Ash]

Ive got a bettaweld cage.  Fab bit of kit.

I camt belive SD have gone under!  Who makes cages now?????  QT and what, no on else???

Sad day for motorsport!          

[Guy90]

Adminstration does not mean they have gone bust (that would be liquidation of some kind).

Since the Enterprise Act came in there are two forms of adminstration. One where creditors force a company into adminstration by petition to the Court. 5 days notice must be given to the company which normally means the second option is employed. That is that the company put themselves into adminstration. They need give no notice save tell thier bank and simply need apply for a Court order. The Adminstration protects the company from its creditors as recovery action must cease and those owed money have to prove claims with the insolvency practitioner appointed. Adminstration must achieve one of two goals. Firstly that the company continues to trade to enable either its debts to be paid and for it to continue in business or for the company to be sold as a going concern to acheive a higher value for the creditors.

The other goal is to make an orderly descent into liquidation ensuring that creditors are not harmed. The IP has 8 weeks to decide the course of action and reccomend it to creditors. They may either vote to allow the company to continue with a plan to pay off debts like a Company Voluntary arrangement or if prospects are bleak to have the company pushed into liquidation. Creditors cannot start to recover debts until the company is wound up.

Incidentally companies are wound up, they cannot be made bankrupt. Bankruptcy is for individuals except in certain partnerships where individuals are wound up under the Insolvent Partnership Order 1994.

Normally an IP will know very quickly if the company is a goer or not and will try to trade if they can. If SD has actually ceased trading, it indicates that one of two things has happened. The directors have moved to protect themselves as all hope is lost or the IP has examined the books and come to the conclusion the company is hopelessly insolvent and has to shut. It is an offence under the Insolvency Act 1986 to trade while knowingly insolvent.

So all hope may not be lost although if trading has ceased it looks bleak. However ideal opportunity for someone to buy a well known business on the cheap and restart.

[iianorthants]

They make some quality stuff, but these days quality doesn’t always sell. If they did a cheaper roof-rack to run alongside their expensive ones … might have had a few more orders. I always did feel that £1500 was a bit on the pricey side for a full roof rack system  :? .
 Someone will fill their spot as the cages and RR’s looked the dogs*****cks. Just hope the prices are a bit more pocket friendly with the current climate    :D

[Skywalker]

Try here for roll cages etc.

http://www.evansuk.ltd.uk/

Dave

[mud4brains]

you could always make one if your good with a welder

[Range Rover Blues]

They could always move to China.

[paulnb57]

Strange cos they have an open weekend thing this weekend

[beast5680]

Strange cos they have an open weekend thing this weekend

i would check that if your thinking of going, the guy on the LRO forum who works for them says its off i believe

[paulnb57]

Thanks mate could avoid a ruined day!

[rokcrawlin]

Paul safety devices have closed permanently I know Dave who was organising the weekend and he is definately out of work and  I would put money on  it not being a rumour

[Eeyore]

According to Companies House, Safety Devices are officially in recievership.

It don't look positive. :(

cheers
 8)
Eeyore

[Guy90]

According to Companies House, Safety Devices are officially in recievership.

It don't look positive. :(

cheers
 8)
Eeyore

so they didn't call in the adminstrators but the adminstrative receivers. Normally done by companies to stop others doing it to them. Gives them a measure of control and are not at the mercy of creditors so much. Creditors can do it as it injuncts against the dissapation of assets

Only one exit route and that sell what there is and pay out to creditors. I wouldn't be surprised to see back in a diffrent guise having been bought from the receivers.

[freeagent]

try RJ Harvey in essex for a rollcage, not the cheapest around but the man is an artist with a pipebender!!
he's responsible for the orange and white dico pick-up currently on the winch challenge scene.
he has a website and also does servicing and MOT's... very landrover friendly company.

[Guy90]

try RJ Harvey in essex for a rollcage, not the cheapest around but the man is an artist with a pipebender!!
he's responsible for the orange and white dico pick-up currently on the winch challenge scene.
he has a website and also does servicing and MOT's... very landrover friendly company.

And he's a nice bloke! (except for eating my hob nobs :lol:  :lol: )

[Thrasher]

R J Harvey ... hmmm ... I seem to recall..... <look below>