the difference northern rock was a PLC and share holders, got arseholes like rabbits noses... listening to the news...fearing the worst... trying to get the money out...that's what did it for them...
Bracken is a different kettle of fish...
but thanks to us honest folk Northern Rock is back making a profit, wonder if I can get a tax rebate for being such a nice bloke....
Ltd. companies in general are all struggling, nobody is paying anyone and it's a hopless situation, I know of 3 companies in my industry who are all struggling...to the point nobody will touch'em.. which actually makes it a self fullfilling prophecy, once "it's alles ueber der platz" very few can recover.
No idea what the score is with Bracken, I've only ever tried to buy a bike there and nobody wanted to serve me...
Sad day indeed, I used them when I was a despatch rider in the 80s on an R80RT, bit aloof but good.
Bracken's website header has this statement
Bracken MW Ltd
Simon Thomas Simon Thomas and Fred Satow Fred Satow of Moorfields Corporate Recovery LLP, 88 Wood Street, London, EC2V 7RS were appointed Joint Administrators on 5 July 2010. The Administrators now manage the affairs, business and property of the company. The Administrators act as agents only and without personal liability.
Please contact Mark Bracken of Moorfields Corporate Recover LLP on 020 8528 1643 or [email protected]. You can write to Moorfields Corporate Recovery LLP at 88 Wood Street, London EC2V 7RS or fax to 020 8528 1290.
Touratech UK used to be owned by Jon Watson-Miller, proprietor of Bracken, it has for some while become wholly owned by N.Plumb Esq formerly of Welling now of deepest darkest Wales, sometime Dakar jockey (and pretty handy with it too).