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Author Topic: The end of DJ Models?  (Read 24592 times)

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Offline class37025

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Re: The end of DJ Models?
« Reply #120 on: June 05, 2019, 08:06:36 PM »
just checked this website, ....

and absolutely NOTHING about going into liquidation, etc.

not exactly being up front about things, IMHO.

as for the 19:00 deadline, seems to me, an ex furbox mechanic with no DOE or Blue Peter badges, it seems to be gone, but what would I know ?

not even a crackerjack pencil, but always tried to watch Tis-Was, mainly for Sally James, though with SWMBO around, I would have to decline to say why  :smiley-laughing:
« Last Edit: June 05, 2019, 08:11:55 PM by class37025, Reason: additions »
typed by fur box mechanic - dictated by brain on a chain

Offline joe cassidy

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Re: The end of DJ Models?
« Reply #121 on: June 05, 2019, 08:10:00 PM »
If I were Dave updating my website would not be my number 1 priority.

Offline emjaybee

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Re: The end of DJ Models?
« Reply #122 on: June 05, 2019, 08:10:42 PM »
[Should I ask what your experience is.  :)

I got a silver Blue Peter badge....   8)

I got a Gold Duke of Edinburgh's Award.


Anyone have a Crackerjack pencil?

Crackerjack!

Sorry, old habits an' all that.

 :-[
Sometimes you bite the dog...

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Offline Snowwolflair

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Re: The end of DJ Models?
« Reply #123 on: June 05, 2019, 08:13:22 PM »
If I were Dave updating my website would not be my number 1 priority.

Strictly speaking it is no longer his website and legally he should have been instructed not to touch it.  The administrator might have started to get a grip on the situation.

Offline emjaybee

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Re: The end of DJ Models?
« Reply #124 on: June 05, 2019, 08:15:01 PM »
Maybe it's 7pm in South America?

I understand that extradition is tricky from there.
Sometimes you bite the dog...

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Offline port perran

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Re: The end of DJ Models?
« Reply #125 on: June 05, 2019, 08:15:31 PM »
Well, from someone who has absolutely no interest in this, I must say all this speculation is......deadly dull.
I’m in the camp of never having had any faith that DJM would deliver so I certainly didn’t pre order anything.
Having said that, if they have gone into liquidation, I feel sorry for Dave Jones and his family, it must be a torrid time for them and I hope that they manage to recover from it.
In the meantime, I would suggest that we stop all the speculation until we get a firm announcement one way or the other.
By the way, I have no DOE, Blue Peter badges or Crackerjack pencils  :D
If it looks right then it most probably is right.


Offline Karhedron

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Re: The end of DJ Models?
« Reply #126 on: June 05, 2019, 08:21:07 PM »
Where did information come from that we should expect a 7pm announcement?
Well, that's just not good enough. Some fount of all knowledge you are!  :no:  ;)

Offline Newportnobby

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Re: The end of DJ Models?
« Reply #127 on: June 05, 2019, 08:22:15 PM »
Global Moderator Comment The slinging of mud between certain folks is certainly more interesting than the endless speculation but desist please. Everyone is entitled to an opinion regardless of their 'credentials' but personal abuse will not be tolerated. Whether or not person X has experience they can talk from is not open to question. Only they know the truth of that and do not have to bare themselves to others

Offline ntpntpntp

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Re: The end of DJ Models?
« Reply #128 on: June 05, 2019, 08:22:36 PM »
I got a silver Blue Peter badge....   8)

Ah yes, I have one of those... and the regular one.... and 3 or 4 "Competition Winner" badges....  and a signed postcard from Val, Pete and John.   I reckon they probably got fed up with me writing to them as a youngster in the 70s  :D

I wonder if the badge still counts for free entry to museums and stuff?
Nick.   2016 celebrating the 20th anniversary of "Königshafen" exhibition layout!

Offline Roy L S

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Re: The end of DJ Models?
« Reply #129 on: June 05, 2019, 08:23:17 PM »
Where did information come from that we should expect a 7pm announcement?

Phil Parker on RM Web.

Offline Only Me

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Re: The end of DJ Models?
« Reply #130 on: June 05, 2019, 08:23:24 PM »
Ill just bring the topic back as facts show:-

Company address  has changed name to that of a company which could be construed as dealing with insolvency

Djm contact number appears blocked

Companies house has a two page pdf file on address change and the contact name if googled says well known insolvency specialist

digitrains have listed on their website that djm has gone into receivership
https://www.digitrains.co.uk/events/d-j-models-king-george-v/

There are allegedly no responses to his customer emails

Lets wait and see what occurs



Offline emjaybee

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Re: The end of DJ Models?
« Reply #131 on: June 05, 2019, 08:23:31 PM »
I got a silver Blue Peter badge....   8)

Ah yes, I have one of those... and the regular one.... and 3 or 4 "Competition Winner" badges....  and a signed postcard from Val, Pete and John.   I reckon they probably got fed up with me writing to them as a youngster in the 70s  :D

I wonder if the badge still counts for free entry to museums and stuff?

I believe it does.
Sometimes you bite the dog...

...sometimes the dog bites you!

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I can explain it to you...

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Offline Karhedron

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Re: The end of DJ Models?
« Reply #132 on: June 05, 2019, 08:42:24 PM »
It is an interesting thought, but even having shed the liabilities I am not sure I understand what assets have value and are worth saving via a pre-pack Admin, certainly not the name or goodwill.

I would guess the existing completed models just as the OO gauge J94, the mermaids etc are all valuable as the owner could bash out fresh production runs quite easily. Whether there are any ownership issues ala Class 17, I do not know. But in theory those assets have value and could be of interest to potential buyers.
Well, that's just not good enough. Some fount of all knowledge you are!  :no:  ;)

Offline Roy L S

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Re: The end of DJ Models?
« Reply #133 on: June 05, 2019, 09:01:03 PM »
It is an interesting thought, but even having shed the liabilities I am not sure I understand what assets have value and are worth saving via a pre-pack Admin, certainly not the name or goodwill.

I would guess the existing completed models just as the OO gauge J94, the mermaids etc are all valuable as the owner could bash out fresh production runs quite easily. Whether there are any ownership issues ala Class 17, I do not know. But in theory those assets have value and could be of interest to potential buyers.


True, but a look at the July 2018 Micro accounts does not reveal assets of anything like the value of such tooling even allowing for amortisation. I would also refer to Mr Jones's early May "announcements" where he bemoans the fact that he has spent £250k on tooling he cannot use or access, that would suggest (I do not know for a fact) that not only the Clayton tooling is/was subject to dispute and held by the factory.

As regards the Clatyton, the tooling wasn't actually finished, detail needed adding before the 2nd EP could be produced. If what "Only Me" says is correct (and I have no reason to doubt it) the first EP was also not actually very accurate model such that it would be better to start again from scratch.


The cost of trying to resolve a dispute with China over the tooling would very likely be beyond the resources that the Admin will have available.


Roy

Offline ScottishModeller

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Re: The end of DJ Models?
« Reply #134 on: June 05, 2019, 11:46:35 PM »
Hi all,

It appears that the insolvency company have been busy today and contacted all the shows that DJM were committed to and withdrawn from them.

Apparently there will be more on this at some point tomorrow.

Thanks
Phil H
Thanks
Phil Holman

 

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