Westfield Sports Cars have gone into Administration

[Alan France]

11 hours ago, Kit Car Electronics said:

Liquidation or Administration? 

Administration, to try and get fair return for creditors. Maybe even sell as going concern.

 

Liquidation just winds up the company. The end.

[Blatman]

And with the latest Westfield World hitting the mat, another thought occurs... How many of our members who receive magazines do not ever use the forums? They may be unaware of the situation. Is it worth a snail-mail shot to those folks, assuming we can get the stats?

[Ian Kinder (Bagpuss) - Joint Peak District AO]

41 minutes ago, Alan France said:

Administration, to try and get fair return for creditors. Maybe even sell as going concern.

 

Liquidation just winds up the company. The end.

@Dave Eastwood (Gadgetman) - Club Chairman I've amended the thread title to match the statement on the WSC home page.

[pdpaxm]

It's very sad news, I wonder if the specialist guys from westfield (parts & servicing etc) will create their own company as I know we would all use them!

[Dave Eastwood (Gadgetman) - Club Chairman]

Have updated the info on (reasonably current) suppliers to WSC Ltd.

 

 

[Allan Cooke]

Hi Dave where abouts will I find this information regarding supplier's? 

[Dave Eastwood (Gadgetman) - Club Chairman]

Its in the help thread pinned at the top of startline 

 

Here:

 

[Ian Podmore]

21 hours ago, Mark Levett said:

Have just heard living local to the factory,  local news (Stourbridge / Dudley news website) Westfield sports cars have gone into liquidation. !!!!!!!!!

https://www.stourbridgenews.co.uk/news/20206893.kingswinfords-westfield-sportscars-company-goes-administration/

 

Administration not liquidation.

[Jenko]

7 hours ago, Blatman said:

And with the latest Westfield World hitting the mat, another thought occurs... How many of our members who receive magazines do not ever use the forums? They may be unaware of the situation. Is it worth a snail-mail shot to those folks, assuming we can get the stats?

It seems to have been well publicised. I've had a fair few people in work (who know Im into kit cars) saying about it.......It was all over pistonheads, and I think the big mags are also running features.

 

[jeff oakley]

Hi Si, if you have paid on credit card you can claim the money back from them otherwise you are an unsecured creditor unfortunately.

 

There were a number of people who put large deposits down at Stoneleigh it was reported in the Complete Kitcar Magazine they hopefully did it on card as well.

 

 

[Si.Dalziel]

Just now, jeff oakley said:

Hi Si, if you have paid on credit card you can claim the money back from them otherwise you are an unsecured creditor unfortunately.

 

There were a number of people who put large deposits down at Stoneleigh it was reported in the Complete Kitcar Magazine they hopefully did it on card as well.

 

 

Yeah the majority was on a card thankfully and it’s not a huge amount anyway. I really feel for those with big £££ orders.

[Lee1980]

That's great news. Fingers crossed I get the same email soon.

[Steve Smith - Joint Hampshire & IOW AO]

Apologies if this question has been asked already. Is the Chessel part of the company in administration?

[Mark (smokey mow)]

11 minutes ago, Steve Smith - Joint Hampshire & IOW AO said:

Apologies if this question has been asked already. Is the Chessel part of the company in administration?

Yes it would appear so.

 

see below

https://chesil.co.uk

 

I’m less clear on GTM though as companies house list them as a separate company to the two Westfield companies that are in administration although they are presently dormant.

 

https://find-and-update.company-information.service.gov.uk/company/07617048/filing-history

 

they appear to exist only as a name now and I assume the business has likewise been absorbed into Westfield.

[DIY-Si]

The wording of the response implies that you've not already paid in full. If you have, I'd suggest reiterating that and see what they say. If you've paid, it's no longer stock....