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Charles Ware Resto in liquidation.
Posted: Mon Nov 15, 2021 2:43 pm
by acrobinson
Oh dear! What next?
Just read that the restoration side of the business has been put into liquidation. Hopefully, it will be bought out and continue trading or it's the end of an era.
Apparently all well with parts and vehicle sales so that's helpful.
Re: Charles Ware Resto in liquidation.
Posted: Mon Nov 15, 2021 2:52 pm
by geoberni
Yes, I wondered what had been going on this past few weeks, rushing to launch a separate website for the Parts Division, despite it not being ready to go with all the relevant images attached.
The Creditors must've been knocking on the door, so a rapid asset separation was required to stop it all going down.
Re: Charles Ware Resto in liquidation.
Posted: Mon Nov 15, 2021 3:24 pm
by philthehill
Re: Charles Ware Resto in liquidation.
Posted: Mon Nov 15, 2021 4:04 pm
by jagnut66
That is a shame, still I'm glad to see it partly survives and in that sense will continue to trade, just without the restoration side of the business.
It hasn't gone altogether.
Best wishes,
Mike.
Re: Charles Ware Resto in liquidation.
Posted: Mon Nov 15, 2021 5:57 pm
by simmitc
Scroll down to see the announcement.
Given that one has to login to Facebook to read the item, it's not much help if one does not have and does not want such an account
What's wrong with an announcement in plain text on a normal website for everyone to read?
Re: Charles Ware Resto in liquidation.
Posted: Mon Nov 15, 2021 6:12 pm
by acrobinson
simmitc wrote: ↑Mon Nov 15, 2021 5:57 pm
Scroll down to see the announcement.
Given that one has to login to Facebook to read the item, it's not much help if one does not have and does not want such an account
What's wrong with an announcement in plain text on a normal website for everyone to read?
Here it is off FB:
https://www.morrisminor.org.uk/
Re: Charles Ware Resto in liquidation.
Posted: Tue Nov 16, 2021 9:24 am
by MorrisJohn
Wow, I wasn’t expecting that. What a shame, they were very good at what they did.
I’m told it looks like Zac sold the business in 2019 to a private investment company called Ecotec Enterprises. They put in a Gareth Hamer in as MD.
Re: Charles Ware Resto in liquidation.
Posted: Tue Nov 16, 2021 11:10 am
by jagnut66
I’m told it looks like Zac sold the business in 2019 to a private investment company called Ecotec Enterprises. They put in a Gareth Hamer in as MD.
So it's no longer family run then. Shame.
Best wishes,
Mike.
Re: Charles Ware Resto in liquidation.
Posted: Tue Nov 16, 2021 6:58 pm
by ManyMinors
MorrisJohn wrote: ↑Tue Nov 16, 2021 9:24 am
Wow, I wasn’t expecting that. What a shame, they were very good at what they did.
I’m told it looks like Zac sold the business in 2019 to a private investment company called Ecotec Enterprises. They put in a Gareth Hamer in as MD.
They then split the business into 3 "different" businesses: The parts business, the repair/restoration business and the car sales business. It is the restoration business which is in liquidation seemingly. Great shame for the employees and for customers who will have relied on the company to enable them to run their Morris Minor. Maybe one or two employees will be able to salvage something and start up a repair/restoration business in the area to help local owners?