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Signalbox and ModelZone

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Posted

Currently in administration. But then lots of companies do it to get cheaper rent etc. and come out the other side. HMV being one high profile example. Modelzone and the signal box have been linked for some years now.

Posted
Currently in administration. But then lots of companies do it to get cheaper rent etc. and come out the other side. HMV being one high profile example. Modelzone and the signal box have been linked for some years now.

 

Thank,s for Info, Heirflick,Warbonnet

 

Walter

  • 2 weeks later...
Posted
I was in the one in Chester this day two weeks ago even at half price they were expensive and the stock was nearly all hornby

 

Well said. Only the other day the new CEO of Hornby was waxing lyrical about their homegrown distribution partners, and today Hornby are trying to make out they were "aware of the limited resources available to Modelzone and their ongoing restructuring" or some other arse covering nonsense, and how they were "mitigating their exposure should the worst happen" so it's no surprise their stock will be at max price. If not sold, it's straight back to margate, unlike the rest, which will go for a song to keep the liquidators happy. A sorry corporate mess that will have further consequences methinks. R.

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