M&P Swansea

Blimey! They had the ‘grand opening’ of their new Ducati showroom only a couple of weeks ago.
I looked at the Ducatis and Bimotas, how many £30k plus bikes do they expect to sell, especially with the current financial difficulties. Seems to be an awful lot of Money standing on the shop floor. There was a Panigale there a few weeks ago marked for £47K 😱
 
Just been told about it from my next door neighbour who is in the motorcycle trade,
Probably won’t be the last to go !☹️
 
well, at least the new owner has not had a fire like the last lot in 2011 and 2024 ... yet
 
I went to Sportsbike shop in Southampton at the weekend, as you enter the trading estate, the now empty and derelict HD dealership is still on the other side of the road,
 
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Insolvency firm appointed, M&P Direct over £4 million in the red

Seems Peter Graves has changed the name of M&P Online (set up just a few weeks ago) to Gorseinon Trading suggesting a phoenix like resurrection is on the cards. I guess it is traditional for this particular operation with the chequered accounting practices over the years.
 
Insolvency firm appointed, M&P Direct over £4 million in the red

Seems Peter Graves has changed the name of M&P Online (set up just a few weeks ago) to Gorseinon Trading suggesting a phoenix like resurrection is on the cards. I guess it is traditional for this particular operation with the chequered accounting practices over the years.
It’ll be a pre-planned, pre-approved hive down process.
Common practice and legal. Shouldn’t be, but it is.
 


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