THE UK’S LEADING AUCTION MAGAZINE · WEEKLY SINCE 1958 18 AUGUST 2023 The UK’s Leading Auction Listing Site: www.auctionnews.com Auction Closes: from 10:30am on Wednesday 23rd August 2023 (subject to staggered end times and extensions) Viewings: Available strictly by appointment only on Monday 21st and Tuesday 22nd August 2023 9:30am – 4:30pm To register to bid visit www.wyleshardy.com For more information or to book an appointment contact the Wyles Hardy office 01442 832234 On Behalf of the Trustees in Bankruptcy For Sale by Timed Online Auc�on A Collec�on of Lalique Glassware www.wyleshardy.com
E: Onlinesales@eddisons.com
T: +44(0)1724 334411
Instructed by the Directors of Ipswich Plastics who are retiring.
2x Combilifts & Hyster 4T Forklift, 2x Diesels Cars, Extensive Range of ‘Cantilock’ Bolted Cantilever Sheet Material Racking, Residual Stock of Builder’s Merchants/ Kitchen Hardware inc. New Hand Tools, Sink Units, Taps, Consumables etc.
For Sale by Online Auction - Auction closes from 1pm Wednesday 30th August 2023
Including:
Forklifts & Vehicles; 2x Combilift 4000kg multi-purpose LPG
Forklift Trucks; Hyster H4 4000kg LPG Counterbalance Forklift with High Duplex Mast; 2013 Vauxhall Astra 2.0 CDTi Estate
Car; 2013 Citroen Picasso HDi Diesel MPV.
Extensive Range of Demountable Cantilever Racking
Approx. 150 Linear Metres of Cantilock Bolted Double & Single
Sided Cantilever Racking 4.5m and 6m High.
Woodworking & General Equipment inc. 2x Martin Panel
Saws, Startrite Tilt-Arbor Saw Bench, Brandt KTD 53 Edge
Bander; 4 Wheel Workshop Trolley; Various Sets of Access Steps & Platforms; 2x Mezzanine Floors; Steam Cleaner; Industrial Vacuum Cleaners etc.
Builders Merchants Stock inc. New Bosch & Makita Electric
Hand Tools, Joiners and Builders Tools in Chisels, Saws, Spanners, Drills, Screwdrivers, Sanders, Sinks, Taps, Plumbing and Joinery
Fixtures & Fittings, Vices, Clamps and Cramps, Glue & Adhesive, Bolts, Screws, Nails and Assorted Fastenings etc.
Large Quantity of Worktop Materials inc. Plastic Coated
MDF, Formica, Plain and Coated Sheet Materials and Kitchen
Builder Consumables and much more.
Location: Ipswich Plastics Limited, Foxtail House, Foxtail Road, Ipswich, IP3 9RX
Viewing: Tuesday 29th August 2023, 10am – 4pm no appointment necessary
W: www.eddisons.com Catalogues,
Connecting bidders to auctions for over 65 years Page 2 18 August 2023
bidding and FAQs are available through our website
Project1_Auction News FP 03/08/2023 16:40 Page 1
Instructed by K Burton and G Roberts of Wilson Field Limited, Joint Administrators of The Hand Made Mattress Company Limited
Further registrationinformation,and bidding online
Mattress Manufacturing Plant & Equipment, Support Assets & Stock
Bids close from: 12 noon, Thursday 24 August 2023
Viewing: 10am till 2pm, Wednesday 23 August 2023
Location: Milnsbridge, West Yorkshire
Buyer’s Premium: 15% plus VAT
• PEUGEOT Boxer Low Loader Luton Van (2021)
• FIAT Ducato Maxi-Mover Luton Van (2019)
Mattress Manufacturing & Packaging
Equipment: FIDES LC-FC60 Automatic Mattress Spring Coil Line; Automated Cot Foam Mattress Line; MPT Tape Edging Machines (x2); MPT
Overlocker Line and Borda-tac; SOFTLIFE SL20HV
Foam Cutting Machine; HYMA NSL-125 Vertical Bandsaw; Straight Knives by EASTMAN and DAYANG; Sewing Machines by EFFECI, SEIKO, KANSAI and PEGASUS; TW EATON Roll Slitter; MTG Roll Slitter; Pneumatic Tufting Machine; CBC Semi-Automatic Fabric Cutter; APPLETEX Stockinette Machine; KIMKOO Automated Mattress Vacuum Compression and Packaging Line; NAI-GU Mattress Compressor and Roll Lines.
Support Equipment: NORDSON DuraBlue 4 Hot Melt Applicator; Roller Conveyor Production Table; Pneumatic Staple and Pin Guns by BOSTITCH, ENCORE and HOG CLIP; MIL-TEK Pneumatic Bailer; ZERMA GSL300 Granulator; HPC Plusair SX6 Compressors (x2); Mobile Manual Pallet Wrapper; KEELA Digital Scales; Production Tables and Workbenches.
Handling and Storage Equipment: LINDE T10C Electric Reach Truck; LINDE E16C Electric Counter Balance Forklift Truck; SMC EuroClamp Bale Clamp Attachment; Fork Extensions; Mobile Storage Containers (x200); Stillages (x75); Mobile Cages (x150); Free Standing Mezzanine Floor (x2); Lightweight and Pallet Racking (x35); Pallet Trucks (x3); Mobile Warehouse Steps; 20ft Shipping Containers (x5); Sack Carts (x4).
Stock: £200,000+ Cost of Raw Materials and Finished Goods to include Fabrics, Foam, Mattresses, Divan Bases, Quilted Mattress Covers, Mattress Springs, Drawer Units, Cots Beds, High Chairs, Car Seats, and Parasols. Business and Office Equipment to include: Office Furniture, Canteen Equipment; Personnel Lockers and Label Printers.
The UK’s Leading Auction Listing Site: www.auctionnews.com 18 August 2023 Page 3
0113 848 0101 walkersingleton.co.uk
ONLINE AUCTION
WS Hand Made Matress Ad Auction News 160x240mm.indd 1 11/08/2023 10:32
Our Team
Connecting bidders to auctions for over 65 years Page 4 18 August 2023 Collection of Lalique Glassware Wyles Hardy & Co 1 Combilifts & Hyster 4T Forklift, Diesels Cars,‘Cantilock’ Bolted Cantilever Sheet Material Racking - Eddisons 2 Mattress Manufacturing Plant & Equipment, Support Assets & Stock - Walker Singleton 3 Contents of Woodworking & Joinery Workshop G J Wisdom & Co 5 Phase 2 - MTE Travelling Column & Bed Type Milling M/cy, Turret Mills, Grinders, Toolroom M/cy - Cottrill & Co 6 Mazak, Hurco, Haas CNC Machine Tools & Toolroom Machinery & Inspection Equipment - Cottrill & Co 7 Excavators, Telehandler, Skip Loader, HGV’s, Light Commercials, Trailers etc - MGR Appraisals 8 CNC Machine Tools, Fabrication Machinery & Presses MGR Appraisals 9 CNC Machines, Surface Grinders & Various Toolmaking Equipment - European Valuations 10 Five Live Steam Scale Model Locomotives Wyles Hardy & Co 11 2 No. Scallop Vessels Thainstone Specialist Auctions (TSA) 11 Commercial Vehicles Sanderson Weatherall LLP - Leeds 12 Engineering Machinery & Equipment Gavel Auctioneers Ltd 22 Vehicles, Office & Catering Equipment Gavel Auctioneers Ltd 22 Auction Calendar 14-19 INSIDE THIS ISSUE Welcome Contents Welcome to Auction News, the go-to source for all your auction needs. With comprehensive listings of auctions held by reputable, professional auctioneers throughout the UK, we have something for everyone.
Managing Director | Steve Payne Finance Director | Alison Payne Operations Director | Gemma Ashton Production Manager | Lorraine Phillips Auction News Limited Trading Address: 6 Somme Road, Derby DE22 2NP Tel: 01332 551300 Web: www.auctionnews.com Email: info@auctionnews.com Registered Office Address: 5 Prospect Place, Millenium Way, Pride Park, Derby. DE24 8HG Registered Company No: 4331781 VAT No: 780 1853 24 THIS PAGE SPONSORED BY Hampton Lovett Industrial Estate, Unit 10 Lovett Rd, Droitwich WR9 0QG www.charteractions.co.uk Advertise with us... Like what you see? Advertise with Us… Find out more Wanted Ads 21 Office Furniture & IT Equipment Gavel Auctioneers Ltd 22
G J Wisdom & Co Auctioneers & Valuers
On Behalf of HMRC, Liquidators, Finance Companies & Enforcement Agents
at just the right time and in addition, have just taken on further premises next door, for the additional storage or goods being removed for Auction.
With an excellent team of dedicated staff, we are able to process and turn around Auctions at short notice, with specialists advertising in all relevant markets. This is vital for the types of clients we act for and in the sale of seized goods.
G J Wisdom & Co are pleased to announce that we have again tendered and been successfully awarded with the area of London, supplying auctioneer services to HM Revenue & Customs Debt Management. Having been conducting this work for over 30 years, we are pleased to continue and look forward to the challenge of operating in the nation’s capital.
This year has seen a sharp increase in liquidations, seizures & business closures, meaning that we have increased from 68 auctions & sales in 2022 to 73 already in 2023 with many more on the horizon. In anticipation of the increase, we took the decision to relocate to larger premises in March 2022, which came
As the cost-of-living increases, so too has the demand for second hand goods, which buyers are able to obtain from auctions such as ours, and with the huge variety of assets we sell, our customer databases are growing at a rapid rate, which again, only further indicates that busier times are ahead of us.
Please visit our website and check out our past and current sales, showing the scope of sales and assets we handle.
www.GJWisdom.co.uk
office@gjwisdom.co.uk 0208 300 9828
The UK’s Leading Auction Listing Site: www.auctionnews.com 18 August 2023 Page 5
Contents of Woodworking & Joinery Workshop ‘Equipment Supplied 2021-2022’ Ends 2pm Thursday 31st August 2023 Sale to Include: • Felder Format 4 Tempora F800 - 60.12 CNC Edgebander • Felder Format 4 HVP Veneer Press • Felder Format 4 Find 1353 Wide Belt Sander • SCM Invincible SI6000 6m Dimension Saw, Year 2009 • SCM T110i Spindle Moulder with Power Feed, S/N 49/146193, Year 2001 • SCM FS 410 Nova Planer/Thicknesser, S/N KK 7138528, Year 2017 • 2 x Dewalt DWS777 Mitre Chop Saws • Axminister Workshop AW200WSG Bench Grinder • Luna MD-20BV Bench Drill • Festool CT Mini Cleantec Dust Extractor • Festool Domino XL DF 700 Joining Machine • Atlas Copco GA22VSD with Dryer and Receiver Tank • The Woodwork Dust Control Co - B4 Dust Extraction System • Worthington Creyssensac Rollair 1500 T Rotary Air Compressor on Receiver Tank • Dry Back Spray Booth with Extraction On-Line Auction On-Line Catalogue, Registration & Bidding via www.GJWisdom.co.uk Tel: 0208 300 9828 Web: www.gjwisdom.co.uk Email: office@GJWisdom.co.uk Auctioneers, Valuers to HM Revenue & Customs, Insolvency Practitioners, Finance Companies, High Court Enforcement Agents, Landlords & Others, Established 1987 VIEWING BY APPOINTMENT: Tuesday 29th & Wednesday 30th August 2023 LOCATION: Harrow, HA1 2HP
Bidding Ends: Tuesday 22nd August 2023 at 3pm (UK Time)
·MTE Model BF-4200 Universal CNC Bed Type Milling Machine (2007)
·MTE Model BF-2200 Universal CNC Bed Type Milling Machine (2004)
·(2) x Tables 1.52m x 1m x 900mm High
·Qty of BT50 & CAT50 Tooling
·XYZ SMX2000 Turret Mill with Prototrak SMX Control (2010)
·Pro SLV Turret Mill Model KR-V 3000
·Jones & Shipman 540P Surface Grinder
·Colchester Mascot 1600 Gap Bed Lathe
·Wagner Model PRC Radial Arm Drill (1998)
·Brown Addison S.N 270 Bandsaw (1997)
·Startrite 352 Bandsaw
·Wadkin Double Ended Wood Disc Sander
·Zimmermann Double Ended Disc Sander
·Wadkin Spindle Polisher
·Naerok Pillar Drill
·Mardon Dust Extraction for Wood
·Zimmermann Type FZ3 Router Attachment
·Wolf 8" Double Ended Grinder
·(2) x Machine Vices 100mm, 150mm, 100mm Vice
·Work Bench with Qty of Collets and BT50 Tool Setter
·Stiefel Mayer Measuring Machine
·Romer Measuring Arm (2010)
·Extraction Unit
Qty of BT50 and CAT Tooling
·(12) x CAT50 Tooling
·BT50 Tooling
·CAT50 Speed Increaser
·Qty of U Drills, Reemers, Face Mills
·Qty of Lenzkes Clamps and Riser Blocks
·Plus Many Others…
Connecting bidders to auctions for over 65 years Page 6 18 August 2023
2 - MTE Travelling Column & Bed Type Milling Machines, Turret Mills, Grinders, Toolroom Machinery & Accessories previously used by Neos Technologies (formerly Hockley Pattern & Tool Co)
For Full Information please visit our Website: www.cottandco.com For Further Information please contact our Office: Cottrill & Co, 401 407 Tyburn Road, Erdington, Birmingham, B24 8HJ ▪ Tel: + 44 (0) 121 328 2424 ▪ Email: info@cottandco.com ▪ Cottrill & Co is a Trade Name of Cottrill & Associates Ltd
Online Auction Sale Phase
Online Auction Sale
Bidding Ends: Wednesday 6th September 2023 at 3pm (UK Time)
·Mazak QT-Compact 200MY CNC Lathe with Mazatrol Smooth C Control (2016)
·Mazak Quickturn Nexus 200-II MS CNC Lathe (2011)
·Mazak Super Quick Turn 10MS CNC Lathe (2000)
·Mazak Nexus 510C-II Vertical Machining Centre (2011)
·Hurco VMX30ti CNC Vertical Machining Centre (2016)
·Hurco VMX30 CNC Vertical Machining Centre (2012)
·HAAS VF-1 Vertical Machining Centre (2012)
·HAAS VF-1 Vertical Machining Centre with HAAS Control (2005)
·(2) HAAS Super Minimill Vertical Machining Centres with HAAS Control (2005)
·XYZ Proturn SLX425 CNC Lathe with Prototrak SLX Control (2011)
·XYZ Proturn ELX1440 CNC Lathe with Prototrak ELX Control (2010)
·Harrison Alpha 330 Plus CNC Teach Lathe
·Emco MAT-17S Centre Lathe
·Ajax AJT Milling Machine
·Ajax AJT4 Milling Machine
·Ajax AJ165E Lathe
·Emco EM17S Lathe
·ProSaw BS-250HAS Mega
·Marpol 660 Belt Grinder
The UK’s Leading Auction Listing Site: www.auctionnews.com 18 August 2023 Page 7
& Toolroom Machinery
Inspection
in
Global Orthopaedic
for
Excellent Quality Mazak, Hurco, Haas CNC Machine Tools
&
Equipment previously used
a
Manufacturer, removed
convenience of sale
For Full Information please visit our Website: www.cottandco.com For Further Information please contact our Office: Cottrill & Co, 401 407 Tyburn Road, Erdington, Birmingham, B24 8HJ ▪ Tel: + 44 (0) 121 328 2424 ▪ Email: info@cottandco.com ▪ Cottrill & Co is a Trade Name of Cottrill & Associates Ltd
For Sale by Online Auction
By Order of the Liquidator of Modern Plant Hire Limited
Excavators, Telehandler, Skip Loader, HGV’s, Light Commercials, Trailers etc.
Lots include -
Excavators
• 2017 Caterpillar 320FL hydraulic excavator
• 2019 Volvo ECR50D excavator
Telehandler
• 2019 Manitou MT1335 Easy telehandler
Skip Loader
• 2019 MAN TGS 35 420 8x4 skip loader
HGV’s
• 2020 DAF 450 FAD tipper
• 2018 DAF FTG XF530 6x2 tractor unit
• 2015 DAF CF440 FTG Euro 6 tractor unit
Light Commercials
• 5 (2014 – 2015) Vauxhall Combo’s
• 3 (2013 – 2014) Ford Fiesta vans
• 2 (2006 – 2012) Vauxhall Astra vans
• 2015 Ford Fiesta Custom 290
• 2016 Mitsubishi L200 pick up
• 2020 Volkswagen Caddy
Trailers
• 2019 Dennison 3 axle step frame trailer
• (2019-2017-2017) Weightlifter 3 axle tipping trailers
General
• Valtra C120 tractor
• Heli model HFD35 forklift truck
• Various breakers
• Large quantity of buckets
• Steel shipping containers
Garage Equipment
• Ranger 2 post vehicle lift
• Sealey headlamp beam setter
• Various welders
• Quantity of trolley jacks
• Quantity of generators
Location: Modern Plant Hire Limited, 6 Somers Road, Rugby, Warwickshire, CV22 7DE
Viewing: 10am – 4pm Monday 11th and Tuesday 12th September 2023
Lots open for bidding: 10am Friday 8th September 2023
Lots close from: 10am Thursday 14th September 2023
For further information and to bid online please visit www.mgrappraisals.com
Tel: +44 (0) 121 200 2206
Connecting bidders to auctions for over 65 years Page 8 18 August 2023
For
Sale by Online Auction
On behalf of the Liquidator of Portway Tool and Gauge
CNC Machine Tools, Fabrication Machinery and Presses
Ltd
Lots include -
• 2 x 2021 Agie Charrmilles Cut E 600 Wire Eroders
• 2021 Mantech T2 Fibre Laser Cutter
• 2012 & 2007 Haas VF-6 CE/50 VMC
• 2007 Haas VF 4-4SSHE VMC
• 2008 & 2005 Haas Mini Mill
• 2006 & 2004 Star SR-32 J and SR-20R II Sliding Head Lathe
• 2005 Daewoo Pum 2000SY CNC Slant Bed Lathe
• 2006 Amada HF50-12T Pressbrake
• Kitchen and Walker KWM50.1600 Radial Arm Drill
• XYZ Proturn CNC Lathe
• Deckel Maho DMC125U Twin Pallet Horizontal Machining Centre
• Brown & Sharpe Mistral CMM
• Various Jones and Shipman Surface Grinders, Colchester Triumph 2500 Lathe
• 3 x Bridgeport/Ez Trak Turret Millers, Startrite 14RWS Vertical Bandsaw
• Hyster H3.0FT LPG Fork lift
• Boge C15 Air Compressor
• Atlas Copco GA22FF Compressor
• Craig & Donald 200/84 200 Ton Twin Column Press with Cushion
• 2 x Migatronic MIG385 Welders
• Miller Synchrowave 250DY Welder
• Quantity of inspection gauges and equipment
• Various workshop equipment, office furniture and equipment
(Subject to Availability)
Location: Portway Tool and Gauge Limited, 27 Dudley Road, Lye, DY9 8EX
Viewing: 10am – 4pm Monday 11th and Thursday 14th September 2023
Lots open for bidding: 10am Wednesday 13th September 2023
Lots close from: 10am Monday 18th September 2023
For further information and to bid online please visit www.mgrappraisals.com
The UK’s Leading Auction Listing Site: www.auctionnews.com 18 August 2023 Page 9
Tel: +44 (0) 121 200 2206
Online Auction of Quality CNC and Fabrication Assets Utilized by an Established Toolmakers
Sale On Behalf of Azets, The Liquidators of Associated Toolmakers Limited (In Liquidation)
Auction to close From 10am Thursday 7th September 2023
Auction View Day – Tuesday 5th September 2023 strictly by appointment only.
CNC Machines, Surface Grinders and various toolmaking equipment to include:
• Hurco VM10i,
• Cincinnati Arrow 500,
• Yang SMV-1000,
• Doosan Puma,
• Chiron CNC machines,
• Renault Traffic Van (21 plate),
• Colchester Lathes,
• Surface Grinders,
• Engraving Machines,
• Spark Eroders,
• Radial Arm Drills,
• Welders,
• Compressors
• Various Machine Tools.
For further information email sales@eurovals.co.uk
If you’re interested in Manufacturing Machinery Auctions, why not join our new facebook group: Manufacturing Machinery Auctions UK Join Group
Connecting bidders to auctions for over 65 years Page 10 18 August 2023
The UK’s Leading Auction Listing Site: www.auctionnews.com 18 August 2023 Page 11 On Instruc�ons from the Trustees in Bankruptcy For Sale by Timed Online Auc�on Five Live Steam Scale Model Locomo�ves www.wyleshardy.com Auction Closes: from 12:00pm on Tuesday 22nd August 2023 Viewings: By appointment only. Contact David Fletcher 01442 832234 To register to bid visit www.wyleshardy.com For more information or to book an appointment contact the Wyles Hardy office 01442 832234 Thainstone Specialist Auc ons Thainstone Centre, Inverurie, Aberdeenshire, AB51 5XZ T: 01467 623770 E: tsa@anmgroup.co.uk W: www.tsaauc ons.co.uk ON THE INSTRUCTIONS OF FRP ADVISORY TRADING LTD, APPOINTED ADMINISTRATOR OF CAMM FISHING LIMITED (In Administra on) SALE BY TENDER Of 2 No. Scallop Vessels Comprising Of The MFV “Camm Bounteous” FR331 and MFV “Camm Alert” FR330 Complete with Associated Licences to Fish Loca on Viewing: Buckie, Scotland By Prior Arrangement Only with the Auc oneers On T: 01467 623770 or E: tsa@anmgroup.co.uk TENDER CLOSES Thursday, 14th September 2023 AT 12NOON For Further Informa on, Photos and Tender Document Please Visit www.tsaauc ons.co.uk
Online Auction
Conditions
Conditions
Commercial Vehicles including Nissan Navara Pick Ups & Dropside Van
Volkswagen Amarok Pick Ups
Crafter & Transporter Vans
• Eight Nissan Navara Special Edition N-Guard 2.3dCi 190 TT 4WD Auto Double Cab Pick Ups (2019 to 2021)
• Volkswagen Amarok Special Edition A33 Aventura 3.0
V6 TDI 258 BMT 4M Auto Double Cab Pick Up (2019)
• Volkswagen Amarok A32 Highline 2.0 BiTDI 180 BMT
4MTN Auto Double Cab Diesel Pick Up (2016)
• Two Volkswagen Crafter CR35 2.0 TDI MWB High Roof Diesel Van (2016 & 2018)
• Seven Volkswagen Transporter T32 2.0 TDI 150 LWB Highline Diesel Van (2019 & 2020)
• Volkswagen Caddy C20 2.0 TDI BlueMotion Tech 102PS Highline Diesel Nav Van (2019)
• Volkswagen Transporter T30 2.0 TDI BMT 150 SWB Highline Diesel Van (2018)
• Three Volkswagen Transporter T28 2.0 TDI BMT 102
Euro 6 SWB Startline Diesel Van (2017)
• Nissan NT400 Cabstar 35.14 dCi SWB Dropside Diesel Van (2015)
Bidding: Closes from 11am Thursday 24 August 2023
View: From 9am to 4pm Wednesday 23 August 2023
Any person wishing to access site must have full PPE. Failure to comply with the above is likely to result in refusal of access
At: Unit G8, Lowfields Business Park Navigation Close, Elland, HX5 9HB, UK
Connecting bidders to auctions for over 65 years Page 12 18 August 2023
6210
auctions@sw.co.uk 0113 221
On the Instructions of Edward Christopher Wetton of Gibson Booth Business Solutions & Insolvency Limited and Steven Philip Ross of FRP Advisory Trading Limited, The Joint Administrators of Smith Brothers (Contracting) Limited
Piecemeal (subject to General
and Special
unless previously sold)
Photographs & online auction bidding via sw.co.uk/auctions
LESSORS GAIN CONTROL IN INSOLVENCY THROUGH WORKING WITH HICKMAN SHEARER
A quick response, sharing of information and experience in distressed scenarios enabled Hickman Shearer to gain control and sell assets for multiple lessors at Vashi liquidation.
Vashi had been one of the fastest growing brands in the UK when in April 2023, a winding-up order forced Diamond Manufacturers Limited, trading as Vashi, into insolvency. The diamond manufacturer and retailer, which specialised in fine bespoke jewellery, had opened high-end boutique stores across London including the flagship store in Covent Garden, with further store openings planned for New York.
The insolvency left behind the contents of 5 retail outlets, a high-profile London West End office and a modern jewellery manufacturing facility.
The vast majority of the contents of the premises were owned by the equipment lessors, who having funded the business less than 2-years ago, were left with a material shortfall. The insolvency also left them with significant challenges in asset identification, rent arrear issues and asset realisation.
Within a few weeks, Hickman Shearer had control of the assets and agreed a collective strategy with all stakeholders to sell them.
As James Fox, Head of Leasing Services at Hickman Shearer said:
“The position of a lessor in an insolvency can be a mixed experience as they often struggle to either obtain payment for the ongoing use of their asset or to repossess it to realise the debt. Lack of access and poor communication with the insolvency practitioner is often common, leading to a frustratingly fraught journey and a sub-optimal outcome for the lessor.”
He continued: “However, given a clear and pragmatic strategy, the opportunity of an improved outcome exists. Here’s a good case study illustrating how Hickman Shearer gained control and maximised the outcome for lessors.”
The Hickman Shearer strategy was effective because it involved moving quickly, while working closely with all the relevant stakeholders. The resultant common strategy ensured information was frequently shared, giving Hickman Shearer the opportunity to apply their knowledge and experience in dealing with distress and insolvency.
The result of which was that the strategy maximised the financial outcome by:
• Acting for all main lessors
• Quickly identifying the assets and proving title
• Effectively communicating with landlords and agreeing favourable terms to access and sell the leased and abandoned company assets
• Negotiating sales to interested parties at relevant retail outlets of specialist fixtures XCFand fittings
• Delivering a successful on-line auction sale of 300 lots of the photography equipment contemporary furniture, manufacturing \ equipment and office contents.
This culminated in maximum realisation for the lessor, as the lessor led the process while the sale was managed by an auctioneer with complete focus on the lessor.
To illustrate, these Auction headline statistics illustrate the success of adopting this approach:
• Hickman Shearer direct mailing over 40% open rate
• 9 global editorial pieces from PR
• Strong B2C social media campaign
• 335 registrants for the sale
• 97% sell through rate
To find out more about Hickman Shearer’s services vist https://hickman-shearer.co.uk
The UK’s Leading Auction Listing Site: www.auctionnews.com 18 August 2023 Page 13
18 Aug
18 Aug
20 Aug
21 Aug
21 Aug
Sponsored By
Raw Customer Returns from Amazon & Other Retailers | Homewares, Toys, Electricals
Peterborough | https://www.williamgeorge.com
Welfare Units & Diesel Generators
Bury | https://www.bpiauctions.com
Luxury Outdoor Garden Products | Fire Bowls & Furniture Sets
Warwickshire | https://www.williamgeorge.com
Marquees, Space Heaters, Dance Floor, Catering Equipment & More Various Locations | https://gilbert-baitson.co.uk/
2022 Automatic L Sealer Shrink Wrap Machine, Matrix Metallic 370 Laminator & More
Mancetter | https://www.bpiauctions.com
Catering Equipment to include Induction Hobs, Ovens, Refrigerators & More
Chesterton | https://www.bpiauctions.com
Engineering Machinery & Tooling
Hyde | https://www.britanniaauctions.co.uk
Amada CNC Fibre Laser, Press Brake & Guillotines Nottingham | https://www.eddisons.com
Contents of Precision Engineering Company
Birkenhead | https://www.jpssurveyors.co.uk
Calendar CLICK IMAGE TO VIEW AUCTION DETAILS Connecting bidders to auctions for over 65 years Page 14 18 August 2023
21 Aug
22
Aug
22
Aug
22
Aug
22 Aug
Phase 2 - MTE Travelling Column & Bed Type Milling Machines, Turret Mills, Grinders Halesowen | https://www.cottandco.com
Five Live Steam Scale Model Locomotives Hemel Hempstead | https://www.wyleshardy.com
Entire Contents of Gym to include Exercise Bikes, Rowing Machines & More Wakefield | https://www.bpiauctions.com
No Reserve Pallets of Customer Returns I Small Domestic Appliances, Fashion, Toys & Furniture Peterborough | https://www.williamgeorge.com
Engineering Machinery & Equipment Caerphilly | https://www.gavelauctioneers.com
Collection of Lalique Glassware Hertfordshire | https://www.wyleshardy.com
HGV's & Commercial Vehicles Various Locations | https://www.bpiauctions.com
Contents of a Celebration & Gift Shop Cumbria | https://www.jpssurveyors.co.uk
Unused 2020 Twin Head Large Area Yinghe Embroidery Machines Blackburn | https://www.bpiauctions.com
Calendar CLICK IMAGE TO VIEW AUCTION DETAILS The UK’s Leading Auction Listing Site: www.auctionnews.com 18 August 2023 Page 15
22 Aug
22 Aug
22 Aug
22 Aug
23
Aug
23 Aug
23 Aug
23 Aug
www.sweeneykincaid.com
24 Aug
Sponsored By
Fabrication Machinery, Tools & Forklift
Goole | https://www.bpiauctions.com
24 Aug
Citroen 9-Seater MPV, Commercial Vehicles, High-End Furniture, Domestic Appliances
Various | https://www.lsh.co.uk/assetadvisory
24 Aug
Large Quantity of Apple & Lenovo Laptops London | https://www.hilcovs.co.uk
24 Aug
Contents of a Furniture Store Manchester | https://www.jpssurveyors.co.uk
24 Aug
Mechanical, Electrical & Low Level Access Equipment
Wakefield | https://www.bpiauctions.com
Aug
Commercial Vehicles
Elland | https://www.sw.co.uk/
Mattress Manufacturing Plant & Equipment, Support Assets & Stock West Yorkshire | https://www.walkersingleton.co.uk/
Vehicles, Office & Catering Equipment
Various | https://www.gavelauctioneers.com
Plant, Machinery & Vehicles
Leeds | https://www.bpiauctions.com
Calendar CLICK IMAGE TO VIEW AUCTION DETAILS Connecting bidders to auctions for over 65 years Page 16 18 August 2023
24
24
Aug
24
Aug
25
Aug
www.sweeneykincaid.com
27 Aug
Brand New Bathroom Equipment
Grantham | https://www.williamgeorge.com
27 Aug
Bence and Lynton Mammography Trailers
Avonmouth | https://www.bpiauctions.com
Plant & Machinery
Markfield | https://www.bpiauctions.com
Generators, Commercial Vehicles, Tools & more Various | https://www.bpiauctions.com
30 Aug
2x Combilifts & Hyster 4T Forklift, 2x Diesels Cars
Ipswich | https://www.eddisons.com
2015 DMG Mori Seiki NT 4250 DCG/1500S 5-axis
CNC Machining Centre
Teeside | https://www.gordonbrothers.com/
Vehicles - Cars, Vans, HGVs, Buses & Coaches Glasgow | https://www.sweeneykincaid.com
High Grade Machinery, Timber, Display Kitchens & More
Cheshire | https://www.bpiauctions.com
Contents of Woodworking & Joinery Workshop
Harrow | https://www.gjwisdom.co.uk
CLICK IMAGE TO VIEW AUCTION DETAILS The UK’s Leading Auction Listing Site: www.auctionnews.com 18 August 2023 Page 17
Calendar
29
Aug
29
Aug
31
Aug
31 Aug
31 Aug
31 Aug
31 Aug
31 Aug
1 Sep
7 Sep
10 Sep
Sponsored By
Plant, Machinery, Tools & Equipment
Glasgow | https://www.sweeneykincaid.com
Engineering Machinery & Equipment
Droitwich | https://www.charterauctions.co.uk
Trade & Retail Stocks
Glasgow | https://www.sweeneykincaid.com
Mazak, Hurco, Haas CNC Machine Tools & Toolroom Machinery & Inspection Equipment
Various Locations | https://www.cottandco.com
CNC Machines, Surface Grinders & Various Toolmaking Equipment
Cheshire | https://disposal.eurovals.co.uk/
Moroccan Architectural Salvage, Tiles, Garden Sculptures & Features
Bristol | https://gilbert-baitson.co.uk/
Office Furniture & IT Equipment
Caerphilly | https://www.gavelauctioneers.com
Excavators, Telehandler, Skip Loader, HGV’s, Light Commercials, Trailers etc
Warwickshire | https://www.mgrappraisals.com
2 No. Scallop Vessels
Scotland | https://www.tsaauctions.co.uk/
Calendar CLICK IMAGE TO VIEW AUCTION DETAILS Connecting bidders to auctions for over 65 years Page 18 18 August 2023
6 Sep
12
Sep
14 Sep
14
Sep
18 Sep
When Sold
www.sweeneykincaid.com
CNC Machine Tools, Fabrication Machinery & Presses
Lye | https://www.mgrappraisals.com
2020 LVD Phoenix FL3015 8kW Laser Cutter Belgium | https://www.charterauctions.co.uk
When Sold
2017 Durma HD-F 6020 III 8kW Laser Cutter Belgium | https://www.charterauctions.co.uk
When Sold
[2015] Demag Systec 60/420 - 310 Plastic Injection Moulder + Peripherals
Stourbridge | https://www.charterauctions.co.uk
When Sold
Large Hydraulic Press Brakes, Bending Pyramid Rolls & Beam Welders UK | https://www.charterauctions.co.uk
When Sold
2019 TRUMPF Trulaser 5030 L76 10kW Fibre Laser with Liftmaster Compact & 2017 TruStore 3030 Netherlands | https://www.charterauctions.co.uk
When Sold
2017 Leadwell V30iT 5-Axis Vertical Machining Centre
Darwen | https://www.charterauctions.co.uk
When Sold
2018 Haimer UNO 20 | 40 Autofocus Microset Tool Presetter
Knowsley | https://www.charterauctions.co.uk
When Sold
Hardinge XR 600 5AX, Bridgeport VMC500X & Bridgeport VMC500
Harlow | https://www.charterauctions.co.uk
Calendar CLICK IMAGE TO VIEW AUCTION DETAILS The UK’s Leading Auction Listing Site: www.auctionnews.com 18 August 2023 Page 19
Connecting bidders to auctions for over 65 years Page 20 18 August 2023 Follow us on Facebook @AuctionNews www.facebook.com/auctionnews Follow us on Twitter @AuctionNewsUK www.twitter.com/AuctionNewsUK
LOOKING TO BUY SURPLUS MACHINERY, EQUIPMENT OR STOCK - ADVERTISE HERE! Wanted The UK’s Leading Auction Listing Site: www.auctionnews.com 18 August 2023 Page 21 We will purchase LV/HV Electrical Installations For any enquiries please contact: Martin McGuirk E: martin.mcg@slaters-electricals.com T: 0191 414 2916 M: 07970 630 854 www.slaters-electricals.com WANTED MODERN MACHINE TOOLS FROM SINGLE ITEMS TO COMPLETE FACTORIES simon@philgeesinmachinery.co.uk Tel: 0114 2797 619 W A N T E D
The Assets of an Engineering Workshop
Ends: 10:00am - Tue 22 Aug 2023 Location: Caerphilly
2016 AMG GTS Premium, AMG Warranty Dec 2024, FMBSH. 34k
Ends: 10:00am - Thur 24 Aug 2023 Location: Caerphilly
2016 DAF LF55 Refrigerated Truck, 128k
Ends: 10:00am - Tue 29 Aug 2023 Location: Caerphilly
2no. 2016 Renault Master Vans, Spares or Repair
Ends: 10:00am - Thur 30 Aug 2023 Location: Caerphilly
Largescale Commercial Catering Equipment & Furniture
Ends: 10:00am - Thur 31 Aug 2023 Location: Caerphilly
Fleet of Montracon Curtainside Tri-Axle Trailers 10:00am - Fri 01 Sept 2023 Location: Monmouthshire
The High End Office Furniture & IT Equipment of a Former Major Energy Supplier
Ends: 10:00am - Tue 12 Sept 2023
Location: Caerphilly
The Vehicles of a Bus & Coach Operator -13no. Coaches & Mini Coaches & Workshop Equipment
Ends: 10:00am - Thur 28 Sept 2023
Location: Caerphilly
The Assets of an Engineering Workshop 10:00am - Tue 10 Oct 2023
Location: Monmouthshire
0330
www.gavelauctioneers.com
8080 113