Pidcock Motorcycles - Administration

Pidcock Motorcycles - Administration

Author
Discussion

Arlen

Original Poster:

379 posts

181 months

Tuesday 22nd October 2024
quotequote all
Gone into administration yesterday

Pidcock Motorcycles Ltd have gone into receivership as of today (21/10/24).
Pidcock BMW & Pidcock Triumph in Long Eaton, and Pidcock Ducati in Beeston.

https://caseboard.io/cases/326426ad-6421-41a2-88e8...

Glad I didn't take myself up the other week to buy a bike now!

Edited by Arlen on Tuesday 22 October 09:03


Edited by Arlen on Tuesday 22 October 09:33

A500leroy

6,696 posts

132 months

Tuesday 22nd October 2024
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No way, but they are like a gazillion years old, wtf is happening.

ujio

402 posts

184 months

Tuesday 22nd October 2024
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Think we will be buying our bikes off Amazon soon.

P675

465 posts

46 months

Tuesday 22nd October 2024
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Wow used them a couple of times for MOT and service. Would have MOTd with them in Feb.

Chicken Chaser

8,458 posts

238 months

Tuesday 22nd October 2024
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Terrible to hear that another dealer has gone. Bikes and caravans seem to be the businesses which the bottom has fallen out of. Likely that's due to the big rises in new bike costs, higher interest rates, insurance costs etc.

hondajack85

605 posts

13 months

Tuesday 22nd October 2024
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Pretty sad to hear. I remember people used to go to the dealers to drool over the latest bikes and sometimes impulsively buy one. Otherwise you came out of there with some bits of gear or spares.
Now an army of youtube reviews post on every bike ,maybe people dont bother with trip outdoors.

SteRB5138

186 posts

228 months

Tuesday 22nd October 2024
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Very sad to hear, another blow to the midlands dealerships this year, with Streetbike closing in the summer.
Sounds like its going to be a tougher than normal winter frown

Chicken Chaser

8,458 posts

238 months

Tuesday 22nd October 2024
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It's probably the stshow of a summer we've had which means people haven't used their bikes as much as they might have done. Less money in people's pockets to add to it.

PT1984

2,844 posts

197 months

Tuesday 22nd October 2024
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This is sad and bad news. I spoke to some good helpful guys at Duc and BMW.

Fir the Midlands dealer, Duc was always in a poor position.

Stifflec

2 posts

74 months

Wednesday 23rd October 2024
quotequote all
Chicken Chaser said:
Terrible to hear that another dealer has gone. Bikes and caravans seem to be the businesses which the bottom has fallen out of. Likely that's due to the big rises in new bike costs, higher interest rates, insurance costs etc.

Stifflec

2 posts

74 months

Wednesday 23rd October 2024
quotequote all
Chicken Chaser said:
Terrible to hear that another dealer has gone. Bikes and caravans seem to be the businesses which the bottom has fallen out of. Likely that's due to the big rises in new bike costs, higher interest rates, insurance costs etc.
Insurance is not expensive it’s the governments and safety police turning young people off motorcycling.

mikey_b

2,315 posts

59 months

Thursday 24th October 2024
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ujio said:
Think we will be buying our bikes off Amazon soon.
You already can in America. Crappy Chinese ones only, though, and you have to assemble bits of it for yourself.

Rushjob

2,145 posts

272 months

Thursday 24th October 2024
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Sad news, I used to work there.

Chris and Pat P were lovely people to work for......

Shooter McGavin

8,175 posts

158 months

Thursday 24th October 2024
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Stifflec said:
Chicken Chaser said:
Terrible to hear that another dealer has gone. Bikes and caravans seem to be the businesses which the bottom has fallen out of. Likely that's due to the big rises in new bike costs, higher interest rates, insurance costs etc.
Insurance is not expensive it’s the governments and safety police turning young people off motorcycling.
... add in:

1) widespread theft, especially of <125cc bikes - exactly the kind of bikes people need to learn on,
2) lots of young people living in rented accommodation without a garage/secure parking
3) lots of young people working in 'WFH' jobs which don't require them to commute 5 days a week

Until the tide turns on treating bike theft more seriously (if they even catch the perps) then #1 is unlikely to change.

Arlen

Original Poster:

379 posts

181 months

Friday 25th October 2024
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From an article on the Nottingham Post. The BMW dealer looks to have a buyer but not the Triumph and Ducati one.

Anyone with deposits etc. should contact the administrator FRP

Wulf Sternhammer

1,408 posts

112 months

Friday 25th October 2024
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That's a real shame. I used to buy my kawasaki bits off them back in the '80s when they had the shop in Derby on Osmaston Road. I don't think the fact that certain bike supermarkets are buying up all of the used stock is helping, either.

wc98

11,797 posts

154 months

Saturday 26th October 2024
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Stifflec said:
Insurance is not expensive it’s the governments and safety police turning young people off motorcycling.
This is a big part of it along with affordability. Back in the day a 2008 fireblade was about 25% of my annual salary. These days it's 60% (though i am earning a fair bit less in part due to the cost of energy driving the industry i used to work in out of Scotland) mainly due to wage stagnation over a number of years.

The last few years have seen a lot of young lads get into bikes around here although it's mostly smaller stuff there is the odd zzr600,thundercat etc among them, so hopefully not dying off completely.

Altitude

146 posts

16 months

Saturday 26th October 2024
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Stifflec said:
Insurance is not expensive it’s the governments and safety police turning young people off motorcycling.
I'd disagree there, especially for younger people the cost of insurance makes a huge number of bikes they want and could otherwise afford and run out of reach.
Even my insurance quotes for this year had I kept the bike looked to be near doubling, with nothing but another years no claims and an advanced riding qualification to add.

It's always easier as you get older, but if you want new blood taking up biking insurance is crippling their interest.

carinaman

23,075 posts

186 months

Thursday 16th January
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Former Pidcock Motorcycles dealership set to reopen under new ownership as Bikers Nottingham:

https://www.motorcyclenews.com/news/2025/january/n...