francisgraham Posted October 14, 2011 Share Posted October 14, 2011 Discover Leisure's shares have been suspended. Very sad for all concerned if the company fails, staff and customers alike. http://www.stockmarketwire.com/article/4239591/Shares-in-Discover-Leisure-suspended.html Link to comment Share on other sites More sharing options...
Rayjsj Posted October 14, 2011 Share Posted October 14, 2011 What a shame, I always thought that they did the 'Big bang' at exactly the WRONG time, Barrons, Harringtons, Mendip, All were good dealerships and more importantly well SPACED around the country, The Floatation or whatever it was and Amalgamation of those well known brands into 'Discover' never worked in the Customers interest. They almost immediately closed most of the branches (presumably for the sale of the freeholds). And left past Customers with vast distances to travel for warranty work etc., A similar thing has happened at Brownhills as they contract, 'My' nearest branch ,Swindon has been closed down and the freehold sold off, leaving me with no local support. NOT good for Customers, or staff. Ray Link to comment Share on other sites More sharing options...
Guest pelmetman Posted October 14, 2011 Share Posted October 14, 2011 Sounds like they used the "Southern Cross" business plan*-)...........................or is it called asset striping?;-) Link to comment Share on other sites More sharing options...
tugga Posted October 14, 2011 Share Posted October 14, 2011 Interesting! They had a stand at the NEC and are selling new motorhomes, glad I didn't order one if this is true :-( Link to comment Share on other sites More sharing options...
Corky 8 Posted October 14, 2011 Share Posted October 14, 2011 Had a phone call from Discover Leisure last week offering me "Motorhome insurance" didnt bite , so Diversification hasn't help , but their customer service in the North East was diabolical, no surprise they are going down the pan. Link to comment Share on other sites More sharing options...
casey Posted October 14, 2011 Share Posted October 14, 2011 Hi, Read on another forum that Discover Leisure`s stand at the NEC is now closed !! casey. Link to comment Share on other sites More sharing options...
John J Thompson Posted October 15, 2011 Share Posted October 15, 2011 A report on another forum now that Discover Leisure has gone into administration. The receivers say they are endeavoring to sell or otherwise dispose of the business as it is or in parts but they cannot rule out closures. Link to comment Share on other sites More sharing options...
mike 202 Posted October 15, 2011 Share Posted October 15, 2011 Well, I bought £500 worth of shares, so thats my money down the drain, unless the administrators can work some kind of miracle. Thought that by supporting them that some good my have come out of their business plan and keep competition going to benefit all of us. Plus of course the possibility of a little extra funding for my trips away. The branch at Portsmouth was closed and the site now has a lot of new houses on it. The people who worked there were always helpful and it is a shame that they all lost their jobs. It seems that the recession is still hitting us all, except of course the bankers who caused it all. Mike Link to comment Share on other sites More sharing options...
Rayjsj Posted October 15, 2011 Share Posted October 15, 2011 mike 202 - 2011-10-15 10:58 AM Well, I bought £500 worth of shares, so thats my money down the drain, unless the administrators can work some kind of miracle. Thought that by supporting them that some good my have come out of their business plan and keep competition going to benefit all of us. Plus of course the possibility of a little extra funding for my trips away. The branch at Portsmouth was closed and the site now has a lot of new houses on it. The people who worked there were always helpful and it is a shame that they all lost their jobs. It seems that the recession is still hitting us all, except of course the bankers who caused it all. Mike Unfortunately the buying of shares in this 'Unwise' flotation only encouraged them to press ahead ! They were better off the way they were before, as individual companies, serving their local areas, Before 'some Bod' had a 'Wet dream' about 'World domination' it seems to be the 'British way' of business, 'Get Bigger, strip the assets, then Piss off' leaving staff and customers in the lurch. Sorry, but no sympathy for you. Shares are a 'mugs game' . *-) Ray Link to comment Share on other sites More sharing options...
nasher Posted October 15, 2011 Share Posted October 15, 2011 Yeah well what goes round comes round. no doubt they will have made a killing whilst trading(robbing) people. Good job taffy didnt buy shares!!!!!! Link to comment Share on other sites More sharing options...
mike 202 Posted October 16, 2011 Share Posted October 16, 2011 Rayjsj Fully agree with you that they were better off as individual companies. As for wanting sympathy, I Dont, In fact I bought for, in my opinion at the time, the right reasons. My only dabble in shares ever. I just hope that the employees dont suffer, as I was really piss*d of when the fat cats started stripping and selling the individual sites for a quick buck. Serves them right if they have lost out big time, but I suspect that carefull squirreling has been done. Sitting in Spain for another 5 weeks and enjoying that great big orange ball in the sky. Off to the beach soon, enjoy the W/E Regards Mike. Link to comment Share on other sites More sharing options...
ips Posted October 17, 2011 Share Posted October 17, 2011 Update I have it on good authority from a bloke who has a MH in storage at chorley branch that the place is shut and under lock down by the recievers. They wouldnt let him get his van out at the weekend apparently nothing is going out or in. Wouldnt give him any idea as to when he would be allowed to get his own van out :-( Link to comment Share on other sites More sharing options...
spike Posted October 17, 2011 Share Posted October 17, 2011 ips - 2011-10-17 11:01 AM Update I have it on good authority from a bloke who has a MH in storage at chorley branch that the place is shut and under lock down by the recievers. They wouldnt let him get his van out at the weekend apparently nothing is going out or in. Wouldnt give him any idea as to when he would be allowed to get his own van out :-( Thanks for your post ips; I too am in that position. Paid Discover at Chorley £475 up front for 12 months secure parking just two months ago! Not received any official notification from anyone about what has happened, only found out about it after reading the news on this board. Was at the NEC yesterday, could see Discover Banners, but no stand. While walking about I recognised a member of staff from the Chorley branch; he explained that they only found out while at the exhibition and another company had given them some temporary work over the weekend. He suggested that I telephone Discover today, which I have done (Head office and the Chorley branch) but no one is answering the phone or returning calls. Will travel up there tomorrow to see if I can get any more info. Any suggestions? Link to comment Share on other sites More sharing options...
ips Posted October 17, 2011 Share Posted October 17, 2011 Spike The way I understand it is that there are no discover staff on site presumably just some security staff put in there by the administrators so no wonder your call wasnt answered. I think its a bloody disgrace that people cant get there vans out (even with proof of ownership apparently) As I say this is second hand (but presumably reliable info) things may have changed since yesterday I suppose. Anyway good luck I hope you get your van out soon and if you find out anything further during your endeavours then let us know. PS-We bought our van from there 2 years ago and they were a dead loss then. Link to comment Share on other sites More sharing options...
Rayjsj Posted October 17, 2011 Share Posted October 17, 2011 I suggest you get a Solicitors letter drawn up, with the effect to reclaim your property within a set date, or you will start charging them for 'loss of use'. And make sure you have proof of owership to hand when you collect your Van. I would get it away from their site ASAP. Ray They (the administators) have to be made aware than NOT EVERYTHING on the site belongs to them. Link to comment Share on other sites More sharing options...
pepe63xnotuse Posted October 17, 2011 Share Posted October 17, 2011 ips - 2011-10-17 1:25 PM ...PS-We bought our van from there 2 years ago and they were a dead loss then. Same experience here...we bought our previous van from their Cannock branch and unbeknown to us,they closed it down,midway through a warranty claim(..and failed to forward any documentation).. We rolled up there one day,to find the place cleared out and the gates padlocked! Totally shambolic.... A real shame for the shopfloor workers though...:-( (..where as, it's shame ON those at the top,who were pulling the strings!! >:-( ) Link to comment Share on other sites More sharing options...
Keithl Posted October 17, 2011 Share Posted October 17, 2011 spike - 2011-10-17 12:29 PM He suggested that I telephone Discover today, which I have done (Head office and the Chorley branch) but no one is answering the phone or returning calls. Will travel up there tomorrow to see if I can get any more info. Any suggestions? Spike, On the Discover Leisure website there is a message giving a new phone number, have you tried this number? "We have a dedicated helpline on 0845 617 1490 , however we are expercing high call volumes so please be patiant ." Keith Link to comment Share on other sites More sharing options...
PJay Posted October 17, 2011 Share Posted October 17, 2011 Discover closed our local site (as Mike202) states above, It was a prime residential site, in the middle of lots of houses.. I would think that a "lot of Asset Stripping " went on, and someone has made a LOT of money out of this fiasco. It was a very good buisiness before discover took it over, and the staff very helpful, and always was a very busy place Hope all you who have vans in there yards get on to the receivers ASAP and get your property back PJay Link to comment Share on other sites More sharing options...
ips Posted October 17, 2011 Share Posted October 17, 2011 It was a very good buisiness before discover took it over, and the staff very helpful, and always was a very busy place As was chorley branch formerly "Barrons" bought a few new caravans off them and loads of stuff in the past it was allways a good dealership .... until.. :-S Link to comment Share on other sites More sharing options...
spike Posted October 17, 2011 Share Posted October 17, 2011 Keithl - 2011-10-17 2:50 PM spike - 2011-10-17 12:29 PM He suggested that I telephone Discover today, which I have done (Head office and the Chorley branch) but no one is answering the phone or returning calls. Will travel up there tomorrow to see if I can get any more info. Any suggestions? Spike, On the Discover Leisure website there is a message giving a new phone number, have you tried this number? "We have a dedicated helpline on 0845 617 1490 , however we are expercing high call volumes so please be patiant ." Keith Hi, When I visited their website this morning it was still the old Discover site, but after reading your message I decided to try again to find that it has now be changed to a single page showing a short message and the telephone number you provided (Thanks for that). I explained the situation and they ask for my name, postal code and phone number. I’m now waiting for someone to get back to me to arrange a time for me to go and pickup the vehicle. I also asked about the current security situation, and was assured that all vehicles are safe and there is 24hr security on site. So if anyone else has a vehicle in storage by them, I can now confirm that the situation is as ips earlier stated. So if you travel to site you will have a wasted journey, your vehicle can only be retrieved by prior arrangement. Link to comment Share on other sites More sharing options...
Ina Posted October 17, 2011 Share Posted October 17, 2011 We live about 10 minutes walk from the Coppull branch, had a walk up there yesterday afternoon. There was a security guard, when he saw us walking towards the shop he started shouting to attract our attention (he appeared to be sat in a parked car). Told us they closed on Friday, but said he didn't know anything else, wouldn't even let us walk any further towards the shop entrance. Don't quite know what he thought we were going to do :-S Apart from that we saw a few people drive in and out again. Ina. Link to comment Share on other sites More sharing options...
Rayjsj Posted October 17, 2011 Share Posted October 17, 2011 Folk have said that they had a stand at NEC ? (i didn't go this year, as we only bought last year). I wonder if any Deposits were taken before the Stand was closed down ?? That would be very bad form if they were still taking deposits from poor unsuspecting Show goers. And bordering on Fraud I would suggest. ? anyone here owed money by 'Discover' ?? >:-( Ray Quite ironic that they went kaput right in the middle of the 'Showcase Show' for the industry, and MORE than a bit unsettling for folk thinking of BUYING at this time, WHO can you trust with your Deposit ????? Link to comment Share on other sites More sharing options...
spike Posted October 17, 2011 Share Posted October 17, 2011 Rayjsj - 2011-10-17 4:42 PM Folk have said that they had a stand at NEC ? (i didn't go this year, as we only bought last year). I wonder if any Deposits were taken before the Stand was closed down ?? That would be very bad form if they were still taking deposits from poor unsuspecting Show goers. And bordering on Fraud I would suggest. ? anyone here owed money by 'Discover' ?? >:-( Ray Quite ironic that they went kaput right in the middle of the 'Showcase Show' for the industry, and MORE than a bit unsettling for folk thinking of BUYING at this time, WHO can you trust with your Deposit ????? Was talking with a member of staff a few weeks ago who informed me that Discover had got rid of quite a few of the sales staff that week, and had lost millions in the previous year. It seems that the writing had been on the wall for quite some time. Link to comment Share on other sites More sharing options...
LordThornber Posted October 17, 2011 Share Posted October 17, 2011 Potential lost deposits? Very sad indeed. Just another timely reminder to pay them with a credit card and get the consumer credit act protection that comes with it. I appreciate you may suffer a 1 or even 2% loading but what price peace of mind? Martyn Link to comment Share on other sites More sharing options...
Ina Posted October 17, 2011 Share Posted October 17, 2011 Looks like 240 people have lost their jobs, see: http://www.yorkshirepost.co.uk/business/business-news/240_jobs_go_as_administrators_fail_to_save_discover_leisure_1_3881372 Ina Link to comment Share on other sites More sharing options...
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