Auction News 20 May 2022 by AuctionNews

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Online industrial, commercial and consumer auctions from the UK’s leading auctioneers

20 May 2022

Connecting Bidders to Auctions for over 60 years

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THIS MONDAY - HYBRID AUCTION Monday 23rd May 2022 10am

Buckets & Attachments, Garage Tools & Equipment, Yard Equipment Visit our website for full details or contact Charlie Foyle or Graham Johnson

01948 667700 www.malcolmharrison.co.uk auctions@malcolmharrison.co.uk All overseas buyers & buyers not known to the auctioneer must lodge a refundable deposit of 10% of expected spend, £1000 minimum, on registration by cash/credit/debit card.

FREE THE VOICE OF THE AUCTION INDUSTRY • EST. 1958

ONLINE BIDDING

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Manufacturing

SALE BY ONLINE AUCTION ASSETS PREVIOUSLY USED BY PIPELINE ENGINEERING AND SUPPLY COMPANY LIMITED On behalf of Jimmy Saunders and Michael Lennon of Kroll Advisory Limited, The Joint Administrators of Pipeline Engineering and Supply Company Limited

Assets to include – Baule Polyurethane processing machines, Doosan CNC lathes, CME vertical milling machine, Boere panel sander, Rosler wheel blast machine, Faro 21000 inspection arm, Genlab and RDM processing and conditioning ovens, various machine tools, CNC tooling, welding equipment, office furniture, various hand tools, testing equipment, lifting equipment, various stock trolleys and stock, plus many more. Sale Location: Viewing Day:

Auction to Close:

Catterick, North Yorkshire Tuesday 14th June 2022 (by appointment only) From 10am Thursday 16th June 2022

Auction Clearance: Monday 20th – Friday 24th June 2022 (by appointment only)

For registration, catalogue and bidding: www.disposal.eurovals.co.uk/asset-sales-disposals All assets subject to availability. All bids will be subject to 15% buyers premium and 20% VAT For further information or any queries: email sales@eurovals.co.uk or call 0121 236 9992

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AN FP_Auction News FP 12/05/2022 16:48 Page 1

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Manufacturing

V E: Onlinesales@eddisons.com I E T: +44(0)1724 334411 W

W: www.eddisons.com

Instructed by Plas-Tech Thermoforming Ltd as a result of new investment

Surplus Plastics Manufacturing and Processing Machinery Closing from 1pm BST Tuesday 31st May 2022 Including: •3 x Maka MM7t 5 Axis CNC Machining Centres for plastics/wood (2016/2005/2003) 24,000 rps fully operational - can be seen working •Other Plastics Machines etc inc Geiss 1000 x 800mm Vacuum Former; Boy 30D and 50T2 Injection Moulding Machines, Various Driers by Piovan, Conair Churchill, Eurodry etc, 3 x Becker VTLF Vacuum Pumps, GHT Dessicant Drier, Kent Pad Printer etc •Toolroom and General in Jones & Shipman 540 Surface Grinder; Windley Steel Surface Table; EDMO Hydraulic Table Lift; S&B Flypress; Tooling Locks/Clamps Lifting Units etc

Location: Plas-Tech, Heyford House, Catfoss Airfield, Brandesburton, East Yorkshire, YO25 8EJ Inspection: Monday 30th May Strictly by appointment with the auctioneers by calling +44(0)1724 334411 Catalogues, bidding and FAQs are available through our website

20 May 2022

Contents INSIDE THIS ISSUE - 20 MAY 2022

PREMIUM AUCTIONS THIS WEEK Garage Tools & Equipment, Buckets & Attachments, Yard Equipment Malcolm Harrison

Assets Previously Used By Pipeline Engineering & Supply Company Limited European Valuations

Surplus Plastics Manufacturing and Processing Machinery Eddisons

My Lot Alerts Auction News

AUCTIONS BY CATEGORY MANUFACTURING

2, 3, 5 - 7

VEHICLES

CONSTRUCTION

1, 8

CONSUMER GOODS

EDITORIAL Experts Reveal How Business Can Raise Capital and Improve Cash Flow BPI Auctions

10 - 11

AUCTION CALENDAR

12 - 14

SALES & SERVICES

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Manufacturing

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The Assets of Polymer Extrusions Limited in Administration 

Pallmann PFV 250/20 Agglomerator

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Weima Spider Shredder

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Krauss Maffei KM80-160 & KM40-55C2 Injector Moulders



3no. Extrusion Lines including; Betol BC38 (38mm Screw), TEC (32mm Screw) & Periplast Extrusora (20mm Screw) 2no. Kween B90 & B100 Extrusion Compounding Lines Danley Model4 Yard Stripper & Platform, Beccaria AL120 Combination Auger, Kenbay Waste Compactor, Rapid 8045 & Herbold Zerma GK8045-KU Granulators & Selection of Conveyors & Hoppers Engineering Cell to include; Duguard Eagle 10000VMC 4 Axis & SVM600 CNC Machining Centres, Bridgeport & Rambaudi Turret Milling Machines, Goodway GS-280ms CNC Turning Centre, Machine Tools, Saws, Drills, Benches, Tig & Mig Welders, Plasma Cutters & Pulsair Air Compressor Startrite V900 Vertical Bandsaw Automatic 5-Station CNC Router

2016

JDM25

2no. Linde H2X33 & EP20 2000kg Electric Forklift Trucks Thorworld Loading Ramp, 40ft HiCube Shipping Container, Ehrle HD723 Hot / Cold Pressure Washer, Garden & Site Maintenance Machinery, Pallet Racking, Materials Handling & Warehouse Equipment, Office Furniture, IT Equipment & Photocopiers

Auction Closes From: 10:00 - Tue 24 May 2022 Viewing: 09:30 to 15:30- Mon 23 May 2022 Main Collection: 09:30 to 15:30 - Thur 26 May 2022 Address: Polymer Extrusions Limited Newbridge Road, Industrial Estate, Blackwood, NP12 2AN

20 May 2022

Manufacturing

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SATURDAY 28TH MAY STARTING AT 9.30AM

2 x Myford Lathes, ML7 & Super 7 With Attachments & Screw Cutting Facility, Milling Machine Followed By House Clearances Effects, General Tools, Antiques/Collectables, Miscellanea, Bygones/Vintage VIEWING FRIDAY 27TH MAY 12 NOON – 4.00PM AND FROM 8.00AM MORNING OF SALE Auctions Every Saturday Morning Bid In Person - Absentee & Telephone Bids Welcome

123 Scudamore Road, Leicester LE3 1UQ 0116 2874856 www.churchgateauctions.co.uk

V Fabrication Machinery and Equipment I E Online Auction W Bidding Closes: Friday 27th May 2022 at 12 Noon On Behalf of: A Retained Client

Sale to include: 1998 Hyster E2 XMS Electric 2 Ton Forklift, 2018 Swift-Cut 2500-D Three Phase Plasma Cutter, Carter Q35Y-16 Hydraulic Iron Worker, Baileigh PL-1440E Centre Lathe, 2007 Feal Progetti 1780 Pipe Bender, SWF and Impax Welding Sets and various Tooling and Workshop Equipment

Viewing: By appointment on Thursday 26th May 2022, 10am - 4pm Location: Old Transport Depot, Radstock, Somerset, BA3 4UL

+44(0)1242 241111

info@amsauctions.co.uk

www.amsauctions.co.uk 6

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Construction

Manufacturing

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For Sale by Online Auction By Order of the Liquidator of ECL Building Contractors Limited and the Liquidator of Ereconomic Holdings Limited

Woodworking Machinery, Vehicles, Cherished Numbers, Steel Shipping Containers, Building Stock, Supplies

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Online Auction of Contractors Plant, HGVs, Farm & Groundcare Machinery, Trailers, Compressors, Generators, Power & Garden Tools and Other Items (In conjunction with i-bidder.com & bidspotter.co.uk)

Online Bidding Ends from Weds 25th May 2022 11:00am

Woodworking Machinery 1997 SCM model T110i spindle moulder 1997 SCM model S166N 3200 panel saw 1997 Mini Max model FS350 surface thickness planer Multico model TM3 spindle moulder 1999 Elektra Beckum model BAS 500 WNB vertical bandsaw 2015 Maggi model Junior 640 pull over cross cut saw Cooksley chisel morticer Quantity of small tools

Vehicles 3 Peugeot Partner vans (2015, 2015, 2014) 2018 Ford Ranger pick up double cab Wildtrak 2018 Ford Focus diesel estate 1.5 EcoBlue 2019 Vauxhall Insignia diesel Grand Sport 2.0 turbo 2018 Vauxhall Insignia Grand Sport 1.5 Tech Line 2014 Peugeot Expert L1 diesel 1.6HDi 2018 Iveco Daily 35C 14 diesel drop side 2018 Mercedes-Benz Vito LWB 111CDi van

Cherished Numbers Quantity of cherished numbers with the ECL suffix

Steel Shipping Containers 19 steel shipping containers

Building Stock and Supplies Timber Polystyrene blocks Hoarding systems Plumbing fittings Ironmongery Electrical Door frames and doors, tiles Transformers etc. Location: Ereconomic House, Salisbury Street, Wolverhampton, WV3 0BG Viewing Days: Tuesday 14th and Wednesday 15th June 2022 9am – 4pm Online Auction Opens: 10am Tuesday 14th June 2022 Online Auction Closes From: 10am Thursday 16th June 2022 For more information and to bid online please visit

To include: 16/65 DAF Trucks Lf 220FA Sweeper - 6700cc 2dr (White, 100k) 13/13 DAF Trucks Cf - 9186CC 2Dr Tipper (White) Kubota B4200 4wd Compact Tractor C.W Kubota Topper Case 580SK Turbo Wheeled Digger Jacobsen Greens King VI 1962D 3WD Mower Benford 2 Ton Dumper New Holland B110 Btc Wheeled Digger C.W 4 Buckets Wk62 CDX 10402 Hrs Yamaha WR450 Motorbike

Online Auction of Boating Equipment & Associated Surplus Stock (In conjunction with i-bidder.com & bidspotter.co.uk)

Online Bidding Ends from Tues 31st May 2022 11.00am

To include: Theem K2 MAN 12V 1800 40x53.5 X5 Vstar Veem Interceptor (Qnty: 2) Gianneschi 230/400v 4KW 1450 Rpm 64KG Man.Date July 2018 - Machinery Space Air Trend Marine Glass Shower Door 525mm X 1825mm (19.6KG) (Qnty: 2) KEF Ultra Low Profile Speaker CI160TR 230mm Diameter, 30mm Deep (Qnty: 2) Electro Wind Limited Transformer 230/120V 15amp IP44 Rating 46KG Marine Isolation Transformer Model ISOT-ES-90/Enc-400V-LP 3 Phase 90KVA New Viewing available by appointment - Cornwall

www.mgrappraisals.com

Tel: +44 (0) 121 200 2206

www.husseys.co.uk/plant Exeter

Devon

01392 425481 20 May 2022

Construction

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GB DIGGER HIRE - 2 DAY PUBLIC AUCTION 25th May 2022 (8.30am) - Live Onsite 26th May 2022 - Timed Online Auction Address: Hall Road, Hainford, Norwich, Norfolk, NR10 3LX

2016 Liugong CLG933E

17-18 Hitachi ZX225USBLC-6 - choice

17-18 Hitachi ZX135US-6 - choice

17-18 Kubota U55-4 - choice

2017 Kubota U17-3 - choice

2019 Hydrema 912F - choice

17-20 JCB 3CX P21 - choice

2018 JCB 540-200

16-18 JCB 535-95 - choice

16-18 Thwaites 9 Ton - choice

16-17 Thwaites 3 Ton - choice

17-18 Bomag BW120AD-5 - choice

2017 Bomag BW80AD-5 - choice

2020 JCB Fastrac 4220 (468 Hours)

2011 Scania P400 6x2 Beavertail Lorry c/w Trailer

2018 Herbst 14 Ton Dump Trailer

Including a selection of bowsers, breakers, trailers and much more! See website for full stock list. For more information, contact David Betts: +44 (0) 7834 600 040 www.euroauctions.com 8

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Vehicles

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Consumer

Rathfarnham | Dublin 14 | Ireland office@mckay.ie Sales +353 1 253 1253

On the Instructions of the Liquidator Michael Fitzpatrick FCA, FCCA of Fitzpatrick + Associates

Re FitDist Sports Ltd (In Creditors Voluntary Liquidation)

CLASSIC CARS THROUGH TO EXOTICS – THE ONLY ONLINE AUCTION FOR THE RIGHT RESULT

U1C Airside Enterprise Centre, Swords, Co Dublin, Ireland

COMMERCIAL STOCK OF GYM EQUIPMENT & SPORTS CLOTHING

TENDER SALE

finecarco.com

Buyers — Register to bid now. Sellers — Accepting entries now.

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• Mobot Foam Roller Water Bottles (approx. 7,500 units) • TRX Suspension Trainers • Lets Band Powerbands • Kwell, Escape, Origin, Spart & Jordan Weights / Dumbbells etc • Canali / Stairmaster Machines • Rage Fitness, Yaktrax, Riptool & Much More • Jack Wolfskin / Phantom / BV / Gform Apparel Viewing: By prior appointment

TENDER DATE: Tuesday 31 May by 12.00 Noon Full Catalogue & Photos Etc on

www.mckay.ie

PSRA Licence No 001064

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20 May 2022

Editorial

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Experts reveal how businesses can raise capital and improve cash flow • Selling unused assets is a quick and easy way to raise capital • Auction experts share advice on raising capital to support business resilience As the economy emerges from the COVID-19 pandemic, businesses across the UK are assessing the impact the last two years have had. Combined with rising fuel, material and labour costs, interest rate rises, and inflation at a 30-year high, businesses are feeling the squeeze. With over 1.6 million businesses receiving Coronavirus business loan schemes worth over £80 billion since the start of the pandemic and an 87% increase in monthly searches for ‘business resilience’, Yorkshire online auction specialist BPI Auctions has worked with reputable experts to provide advice on raising capital and improving cash flow to support business resilience.

Sell unused assets to release the capital Most businesses will have unused assets on their premises they could turn into capital, but they simply get overlooked as they’re no longer used. Just because they’re not valuable to you, don’t underestimate their value to someone else, says Henry Spencer, Sales Director at BPI Auctions, “The scarcity of newly manufactured plant, machinery and equipment during the pandemic led to a boom in the prices being secured for second-hand equipment. We saw our monthly construction, plant & machinery auctions returning approximately 30% more than pre-pandemic levels and prices are holding. “By selling at auction, from the moment you issue an instruction for equipment to be listed online, assets will sell within a selected short

period, often selling 3-4 times faster (on average) than selling privately.” However, a word of caution from Spencer: “Make sure you are clear on terms and costs before agreeing to any sale. Work with transparent and cost-competitive outlets offering options to sell from your site with no fees on unsold goods. You can quickly eat away at any sale return if you get lumped with costs you didn’t expect.” Work with a Intermediary to find the right borrowing deal for your business If you don’t have any assets to sell, you might want to look at leveraging assets you have capital tied up in. This is often the case for large pieces of product and machinery such as excavators, cranes or piling rigs , but where do you start? Alex Beardsley, Joint MD of ABL Finance, says: “Asset finance is where a lender agrees to extend a loan in return for taking security over some of your company’s assets. The financing might be based on a single asset, such as a piece of machinery, or a whole series of assets, like a fleet of company vehicles. It is suitable for a wide range of both new and used assets, including equipment, machinery and vehicles, and adverse credit isn’t usually a problem. “However, with a range of asset-based lending products on the commercial finance market, working with an independent commercial finance consultancy to ensure you are aware of all the options is key. They will assess options like whether you should use one lender for the full lending facility or break it down across several to help you structure the best facility for what you want to achieve – allowing you to make a full informed decision on what is right for your business Look at alternative channels to turn surplus stock into new revenue streams Over the last two years, businesses have been affected by multiple lockdowns, Brexit, and most recently, Russia’s agenda, disrupting

Editorial

global supply chains with long delays and shortages. Alongside the increase in storage costs, many SMEs have sought new channels to turn surplus stock into working capital.

Henry explains, “In addition to one-off stock clearance auctions, we’ve also seen an increase in repeat vendors from large plumbing, flooring and timber merchants. Most will use a regular repeat auction sale to complement their existing retail and trade offerings to translate excess stock into cash on a monthly basis.”

Approach an alternative lender directly If your bank has rejected your application for any further borrowing facilities, it doesn’t mean it’s the end of the road. Gemma Wright, Regional Managing Director at Reward Finance, says, “The lending landscape for SMEs has changed beyond recognition over recent years and many businesses still don’t appreciate that there is a whole market outside the more mainstream banks.

sometimes taking on debt or releasing the capital left in assets might not be the best move. Rob Adamson, Partner at Armstrong Watson LLP and a licensed insolvency practitioner, says: “We’d always recommend seeking financial advice from an accountant or a restructuring and insolvency firm to make sure you’re investing in the best path forward. “If a business is operating under too much pressure, there may be other underlying issues that more cash won’t resolve and could even worsen. Even if it's hard to accept, a different perspective could help you see the longer-term benefits of selling or even deciding to close your business.” Adamson continues, “Seek out regulated firms, qualified and experienced enough to give you impartial and considered advice. Initial conversations should always be free, and make sure you feel that they’re motivated by the best outcome for you and your business, not what’s best for them.”

Business owners need both clarity and confidence from their funders and this is where the alternative lenders set themselves apart. At Reward, we talk a lot about speed of delivery but arguably what SMEs also need, right now, is certainty of delivery. Alternative lenders like ourselves take the time to understand a business, meet the owners and talk to them about their plans and aspirations. Lending decisions are made by experienced lenders, applying common sense and innovative thinking, not computers and algorithms.

Business Restructuring Case Study Fabricom

Where you are struggling to get the support you need from your existing banking partner, I would always encourage business owners to talk to their advisors to help them navigate through the growing alternative lending market. I am confident that there is still the right support out there for SMEs, the biggest challenge currently is making sure that they know where it is”.

The auction gained a tremendous amount of interest, with over 300 registrants. The total sales value was over £92,000, and 98% of all items put up for auction were successfully sold.

Health check your business first before selling Before you sell any assets or commit to further borrowing, it’s essential to make sure it’s the right thing for you and your business moving forward. Business owners are programmed to fight for their companies, but

Fabricom approached BPI Auctions to auction unnecessary and surplus equipment, including containers, engineering machinery, in-test access & lifting equipment, tools and welding equipment, in order to raise some capital quickly and reduce storage space. Working alongside the team at Fabricom, BPI Auctions was able to provide a rapid turnaround, with collections taking place just one week after the sale end date.

Henry summarises: “The past two years have been challenging for all sectors, not only with lockdowns and restrictions but with the introduction of Brexit and new regulations across industries. “Selling used, and surplus equipment and machinery through online auctions is an effective and efficient method for businesses to recuperate capital from surplus or redundant items and compliments your business resilience strategy.”

20 May 2022

AUCTION NEWS

CALENDAR Ford Transit Connect T230 L90

Normaton BPI Auctions www.bpiauctions.com

Auction News 20 May 2022

Articles inside

Assets Previously Used By Pipeline Engineering & Supply Company Limited

My Lot Alerts

MANUFACTURING 2, 3, 5