RE: Overfinch In Administration

RE: Overfinch In Administration

Author
Discussion

edo

16,699 posts

266 months

Tuesday 16th November 2010
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k-ink said:
Maybe the country is finally developing some taste?
hehe

Digga

40,349 posts

284 months

Tuesday 16th November 2010
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ts86net said:
sprinter1050 said:
Mrlol said:
This is down to "significant one-off non-trading costs"
A bit of a euphemism there I suspect. Exactly how do you define "one-off non-trading costs" ?

Directors' bonus? Pension contributions? Redundancy payments?
Most other costs e.g. interest on borrowings, corporation tax, materials etc would hardly be "one-off" or "non-trading".
One way to find out - request the accounts as a potential buyer.
Would be interesting to know what that is. ears

Blown2CV

28,865 posts

204 months

Tuesday 16th November 2010
quotequote all
Beefmeister said:
Denorth said:
considering the general mood of many forums on PH there is actually a market for someone to take a standard RR, to stiff the suspension, not sure about increasing the output (probably re-mapping only), and REDUCE that bling of the standard model.
Creating a perfect 'slipper'
You have a point. JLR could buy it and offer the 'Overfinch' as a spec level.

I'd love a new 4.4 TDV8 RR, but they are way too over-blinged. Lets have one with nice wheels, de-chromed, even more upmarket leather interior, and a subtle Overfinch badge.
nice idea... i was looking at a RRS the other day from the back and thinking how much tinsel ste they have stuck to it, the design is just so busy. Very try-hard. A modifier that could make these and FFRR MORE classy rather than less would be a welcome advent. However, would there be enough of a market?

Fetchez la vache

5,574 posts

215 months

Tuesday 16th November 2010
quotequote all
edo said:
k-ink said:
Maybe the country is finally developing some taste?
hehe
Overfinch used to aim at old money.
Their downfall seems to be changing to aim at new money smile

JohnoVR6

690 posts

213 months

Tuesday 16th November 2010
quotequote all
I don't know what to make of some of these comments.

Having met the MD and head of design at Overfinch, a very close friend works in the design department there, I can honestly say they are a great bunch of people.

People on here are branding their creations as abominations, but at the end of the day, they are simply creating the cars to customer specifications. If someone is willing to pay you X amount to splatter pink leather over the inside of a RR, then you'd be a fool to turn them down. Yes it upsets a few teary eyed old timers, but surely that's just business? If there is no demand for porting and polishing, why carry on offering a service that isn't wanted?

I am saying all this fully aware that the pink retrims haven't exactly worked out for them either, but having spoken to my friend last night about this, there are plenty of potential buyers lined up already...

soad

32,909 posts

177 months

Tuesday 16th November 2010
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I'm quite surprised they've gone bust- didn't see that one coming.
Overfinch-fettled RR's didn't look that bad, considering other companies "efforts".

Dr Derek Doctors

8,422 posts

194 months

Tuesday 16th November 2010
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I once fitted an Overfinch kit to a Range Rover a few years ago, when I called them to ask how to make the ill fitting sill covers fit they advised me too.... "hit the sill with a hammer until it does"

Top Notch

The Overfinch LSE's of the early nineties were the bks though

ex vtskid

347 posts

177 months

Tuesday 16th November 2010
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I hope they don't go under, just for the employees sake

radlet6

736 posts

175 months

Tuesday 16th November 2010
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Beefmeister said:
IMO opinion they really needed to move away from this:



(Styling over substance)

And get back to this:


http://www.graemehunt.com/motor-cars/for-sale/1994...

(Classic RR, but with a fooking great engine, and nicer interior)
Anyone else looked at Graeme Hunt's website? He's having a laugh isn't he? £33,000 for a '93 Range Rover (overfich? I would want solid gold door handles)- he also has a Series 1 Daimler (low miles admittedly) for which he wants nearly £29k. Condition 1 XJ's swap hands for around £7-8K max; There isn't a series 1 XJ6 on the planet worth more than £12K. Anyone buying these is either seriously stupid, or stupidly rich (or more likely both).

soad

32,909 posts

177 months

Tuesday 16th November 2010
quotequote all
radlet6 said:
Anyone else looked at Graeme Hunt's website?
I did- all motors are steeply priced, even if very low mileage.

Maybe sells only few at a large margin to compensate for the lack of sales, not that i know how many he manages to sell.

J4CKO

41,628 posts

201 months

Tuesday 16th November 2010
quotequote all
Yes, the RR used to be for Gentlemen and some Gentlemen wanted some extra luxury and exclusivity, perhaps a little more punch, they come with the punch nowadays but every estate has its fair share of RR Sports, one of our neighbours inexplicably sold a Full Fat discrete green one for a footballer style white RR Sport, lowers the tone biggrin you see loads of skanks driving them nowadays, Ugg booted orange Cheshire wives, it was like letting Sun readers into a Gentlemans club, and they love shiny tat, like Burberry Range Rover have sold more stuff to more people but left it as a brand richer in terms of money but it has lost something that money cant buy, the proper RR still retains some, even the original has more class than a Sport, the Evoque will be the fnal nail in RR as a classy brand.

Cassius81

283 posts

190 months

Tuesday 16th November 2010
quotequote all
I don't care about the prices, that green '93 Overfinch RR is simply the classiest car I have seen in a while. Great colour combo and condition too.

I wouldn't mind a new TDV8 in a dark colour, with relatively small alloys, but the old LSE takes some beating...


Bish

809 posts

208 months

Tuesday 16th November 2010
quotequote all
soad said:
radlet6 said:
Anyone else looked at Graeme Hunt's website?
I did- all motors are steeply priced, even if very low mileage.

Maybe sells only few at a large margin to compensate for the lack of sales, not that i know how many he manages to sell.
Used to work with Graeme when it was Hunt and Keal then Bramley of Kensington. Margins were large but the amount of prep that went into getting the vehicles in top order was amazing and he also has a very strong following of wealthy clients so can get away with it.

However stock does hang around, the Overfinch has been there over 6 months and the Daimler came in at the same time.

Hellbound

2,500 posts

177 months

soxboy

6,275 posts

220 months

Tuesday 16th November 2010
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DonkeyApple said:





Want. A lot.

Frik

13,542 posts

244 months

Tuesday 16th November 2010
quotequote all
JohnoVR6 said:
I don't know what to make of some of these comments.

Having met the MD and head of design at Overfinch, a very close friend works in the design department there, I can honestly say they are a great bunch of people.

People on here are branding their creations as abominations, but at the end of the day, they are simply creating the cars to customer specifications. If someone is willing to pay you X amount to splatter pink leather over the inside of a RR, then you'd be a fool to turn them down. Yes it upsets a few teary eyed old timers, but surely that's just business? If there is no demand for porting and polishing, why carry on offering a service that isn't wanted?

I am saying all this fully aware that the pink retrims haven't exactly worked out for them either, but having spoken to my friend last night about this, there are plenty of potential buyers lined up already...
Agreed. They were also unique in the tuning market (AFAIAA) in that they produced actual injection moulded body parts rather than fibre glass rubbish.

Nice bunch. Shame it's come to this.

Beefmeister

16,482 posts

231 months

Tuesday 16th November 2010
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anonymous said:
[redacted]
I actually don't have an issue with the visuals of that one (apart from the stupid chin spoiler). I like the wheels, and the interior's nice too. But as you state, it's got the bog-standard 2.7 TDV6 engine, which would struggle to out-punch Audley Harrison. They should've done some engine tweakery at least to keep it in line with the Overfinch of old...

collateral

7,238 posts

219 months

Tuesday 16th November 2010
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J4CKO said:
...loads of skanks driving them nowadays, Ugg booted orange Cheshire wives...
I was gonna say half of Alderley will be crying into it's MnS cornflakes this morning. Oh well, there's still Kahn - for when your vehicle isn't ugly enough already

Justices

3,681 posts

165 months

Tuesday 16th November 2010
quotequote all
Agree on the comment regarding expanding to other marques. On top of what they DID that made their product desirable, the Overfinch name sounds fantastic. Here's hoping they get a passionate buyer (not Smolenski), get some strong direction, stay well away from sticking devaluing tat on vehicles and get back on track.

edo

16,699 posts

266 months

Tuesday 16th November 2010
quotequote all
Beefmeister said:

http://www.graemehunt.com/motor-cars/for-sale/1994...

(Classic RR, but with a fooking great engine, and nicer interior)
I posted that before - £35.750. LUNACY.