Water Chariots greed backfiring ?

Water Chariots greed backfiring ?

Author
Discussion

GWC

4,423 posts

196 months

wormburner

31,608 posts

254 months

Friday 7th September 2012
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GWC

4,423 posts

196 months

Friday 7th September 2012
quotequote all
There's plenty to come out in the wash, I'm sure.

Eric Mc

122,058 posts

266 months

Friday 7th September 2012
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A classic name swap.

Change the name of the original, insolvent company. That frees up the name at Companies House so that a new debt free company can be set up using the old company's former name. Causes much confusion - which is part of the reason why it's done.

Interesting that the disgruntled employee is talking about "invoices" he raised for work done for Water Chariots. Makes me think that he might not have been an employee at all - but a self employed outside contractor - which puts him in a very precarious position regarding his unpaid "wages".

Oakey

27,593 posts

217 months

Friday 7th September 2012
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Would the old insolvent company have 'sold' all their assets to the 'new' company?

Eric Mc

122,058 posts

266 months

Friday 7th September 2012
quotequote all
Of course not smile

But people are often willing to accept these sub-contractor style jobs without realising the rights they are sacrificing.

keslake

Original Poster:

657 posts

207 months

Friday 7th September 2012
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I have also heard quite substantial rumours that a number of the employed boat crews have not been paid as well.

I may have more info on this in time.

keslake

Original Poster:

657 posts

207 months

Friday 7th September 2012
quotequote all
I am a Canal dweller on the River lea so have taken quite a bit of notice in all of this and there is another discussion here :-

http://www.canalworld.net/forums/index.php?showtop...

If you read the thread, someone from Water Chariots actually chimed in with some info.....draw your own conclusions on it all.

DamienB

1,189 posts

220 months

Thursday 20th September 2012
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keslake said:
I am a Canal dweller on the River lea so have taken quite a bit of notice in all of this and there is another discussion here :-

http://www.canalworld.net/forums/index.php?showtop...

If you read the thread, someone from Water Chariots actually chimed in with some info.....draw your own conclusions on it all.
Actually I thought the barmy bit from that forum thread was this:

RichardH said:
Someone called me up today who is thinking of spending 75k plus on a narrowboat (from a builder not in anyway connected to us). Yet, he has never been on a narrowboat and thought a weekend 'taster' might be a good idea - good thinking. I quoted him a price of less than 50% of list price and could almost hear him spit his coffee out and couldn't retreat from the phone quickly enough. So, happy to spend 75k on a posession but not £500 on a rental (and free training to boot)
So hang on, it's normally 1000 quid to rent a floating caravan for two days? Is the bog roll 50 quid notes or something?

Pesty

42,655 posts

257 months

Thursday 20th September 2012
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DamienB said:
So hang on, it's normally 1000 quid to rent a floating caravan for two days? Is the bog roll 50 quid notes or something?
isn't 1k the usual fee for a week maybe even 2 on the broads?

YorkshirePudding

2,119 posts

186 months

Friday 21st September 2012
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Pesty said:
isn't 1k the usual fee for a week maybe even 2 on the broads?
That'll get you a long weekend, at peak season, near me.

http://www.shirecruisers.co.uk/prices/short-break-...

baldy1926

2,136 posts

201 months

Friday 21st September 2012
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keslake said:
I am a Canal dweller on the River lea so have taken quite a bit of notice in all of this and there is another discussion here :-

http://www.canalworld.net/forums/index.php?showtop...

If you read the thread, someone from Water Chariots actually chimed in with some info.....draw your own conclusions on it all.
Where abouts are you

GWC

4,423 posts

196 months

Friday 11th January 2013
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Bit more on the fallout of this folly here:

http://www.narrowboatworld.com/index.php/news-flas...

SPS

1,306 posts

261 months

Friday 11th January 2013
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GWC said:
I live in Limehouse and it's been interesting to watch this folly from the start. I am not surprised it has been a spectacular failure. Who was ever going to get off the DLR which goes to Stratford to pay £95 to sit on a boat that goes up the Limehouse Cut? It is not exactly a picturesque waterway. To hire one of the small boats exclusively for 7 people was £7,500! Someone has invested a lot of money into this and had their pants pulled down, it will be interesting to see what comes out in the wash.
NOT A VIRGIN acquisition then!!!

Laurel Green

30,782 posts

233 months

Sunday 13th January 2013
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GWC said:
Bit more on the fallout of this folly here:

http://www.narrowboatworld.com/index.php/news-flas...
Thanks for the link. smile

Article said:
Furthermore, security arrangements on the northern section of the waterbus route made the operation of the service from Tottenham difficult during the Olympics. Worse still, the service from Tottenham would have been totally inoperable during the Paralympics due to unsuitability for disabled passengers.
I'm a tad perplexed over the above mentioned as, a special ramp was built at the Tottenham Hale end for just this purpose.

Laurel Green

30,782 posts

233 months

Monday 14th January 2013
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Wheelrepairit said:
An old mate of mine used to run a similar type of craft out of Waltham Abbey for boat tours, trips, events, and parties. Might be profitable for one or two craft but, not the whole fleet. If some of the craft are fitted out for holidays it could be profitable but, would think they would need to be skippered by professionals - large craft plus small waterway = carnage me thinks.

Oakey

27,593 posts

217 months

Monday 14th January 2013
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Some sort of scam going on here then?

One of the Directors of Lee & Stort is a Troy Lloyd Warne.

A quick Google shows he previously worked at Water Chariots as their sales manager up until Oct 2012 (which is when this new company was incorporated).

Bonefish Blues

26,832 posts

224 months

Monday 14th January 2013
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I've just wandered around this thread - what on earth was going on - it was a two week event FFS.