Tank Slap - Motorcycle Forum

Are they in financial trouble again?

https://beta.companieshouse.gov.uk/comp ... ng-history" onclick="window.open(this.href);return false;

The accounts up to March 2018 seem to suggest that over £7m worth of debt is about to fall due.

The basis for disclaimer makes for interesting reading as well

The disclaimers mean there is no certainty over how accurate those accounts are.

There was a thread elsewhere where people who had put deposits down last year and earlier, threatened to take the Company to court to wind them up, and i believe had instructed solicitors to do just that as the delivery date of their bikes was continuously put off.

The accounts suggest the Company has little liquid cash. Not a good place to be.

I hope they run well at the TT with John McGuiness but then saying that I might not wish them so well if I had a deposit on a bike that wasn't materialising and they were spending my hard earned on racing

They're the only company I can think of that seem to be doing an annual comeback tour.

Doesn't sound good then. That's a real shame though as they are a nostalgia type of manufacturer

Sent from my SM-G935F using Tapatalk

According to someone on the Ducati forum, the few bikes they are sending out are not homologated for or approved for use on UK or European roads.

So they are track only?

Have the customers been informed officially?

They are not road registered as they do not have a certificate of Conformity.

Company is now facing a £300k winding up petition from HMRC.

It's time the company was put out of its misery.

https://www.derbytelegraph.co.uk/news/n ... up-3719056" onclick="window.open(this.href);return false;

He's a charlatan.

Rumours are he drives around in a fleet of Aston Martins.

Well John McGuiness has posted on twitter today that he can't get hold of Stuart and he's trying to get hold of him.
I wonder if they owe him money.....

I hope so. John will kick the feck out of him.

Probably running away.

duke63 wrote:Probably running away.

Or didn't run fast enough / far enough, from someone he's had over. ( & < that's not going to be a short list of suspects ).

https://www.visordown.com/news/racing/r ... y-seen-him" onclick="window.open(this.href);return false;

McGuinness allegedly still owed £60k in salary.

duke63 wrote:https://www.visordown.com/news/racing/r ... y-seen-him

McGuinness allegedly still owed £60k in salary.

What an awful way to operate.

Gone into Administration today

https://www.business-live.co.uk/manufac ... 5UQxzuwusQ