100% Bikes trackday company gone bust?

[mrtEE]

I recently booked a trackday with them for the end of this month at Silverstone.

It is now apparent that they are in administration. Anybody know any details about this company and if they are likely to still go ahead with trackdays they have booked? will people still be able to get refunds?

[Davo]

Just checked them out on companies house, and it does look like they've gone into administration.

Have a look on companies house website www.companieshouse.gov.uk and look at company number 04269890.

Although a little strange apparently this has been going since 26/01/2005

/EDIT - https://wck2.companieshouse.gov.uk/faad011af28a80d661f6e70b6698921d//compdetails

[0ddball]

Doubt you'll get anything, the customers who have paid up front come last in line when it comes to sharing any remaining money out.
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ZXR750L

[mrtEE]

[Davo]

[mrtEE]

[G]

I thought they'd been bust for ages.

[yambabe]

Interesting. 100% Bikes ceased to trade some time ago, I am just reading the administrators report now. It appears the business was continued by 100% Bikes (Europe) Ltd.

Give us a few more minutes.......
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Sod falling in love, I wanna fall in chocolate.

[yambabe]

Right.

As far as I can see, 100% Bikes Ltd ceased to trade back in 2004. The business was carried on by the same directors as 100% Bikes (Europe) Ltd, who have registered themselves as a non-trading company and not submitted any accounts to Companies House or told them that they have now started to trade. No evidence at the moment that they have gone bust or ceased to trade.

In the meantime, a company called 100% Bikes Suspension Ltd has been started recently by the same 2 people, who appear to have then resigned as company officers and been replaced by 2 others. The chap behind the other 2 companies still has a controlling interest in this one however.

Conclusion: I personally would not do business with these people.
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Sod falling in love, I wanna fall in chocolate.

[mrtEE]

[Black Knight]

Dodgy buggers

[yambabe]

In laymans terms they are opening a company, taking your money, closing the company and starting a new one over and over again.
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Sod falling in love, I wanna fall in chocolate.

[mrtEE]

[yambabe]

Quite the opposite, unless the track owners start to refuse their business.

I think they will continue to operate and make a hell of a lot of money out of bikers for as long as they can.
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Sod falling in love, I wanna fall in chocolate.

[mrtEE]

[yambabe]

It's probably worth your while finding out which of the companies your trackday has actually been booked with - who has your money?

If it's 100% Bikes Ltd you're stuffed, and so are they unless you booked it over a year ago.

If it's either of the other two you should be OK.
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Sod falling in love, I wanna fall in chocolate.

[mrtEE]

[mrtEE]

Also I'm curious to know if anyone has actually been on a trackday organised by this company, this may shed some light onto whether or not they plan to carry out this one?

[Hotdog]

Hi,

For anyone interested, I made a few calls to Silverstone and enquired about 100% Europe.

I made it quite clear that I wasn't asking for any confidential information, just whether or not (in their opinion) it was worth me getting out of bed on Monday 31st Oct.

I can't say which department or who I spoke to, but he/she was very helpful.

100% Europe have held other trackdays reliably and Silverstone have no issues with them.

Silverstone did not tell me whether or not the day had been paid for, but they expressed no concern.

I have no opinion myself as to whether it will happen, but all the info suggests that it will be ok.

I am not offering any advice, just letting anyone interested have this information.

Silverstone certainly believe the event will happen and are familiar with their customer.

Hope this is of some help,

Hotdog.

ps. errors and omissions excepted
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He's a gentleman, a scholar, he's an-acrobat, he's the one and only truly original.......
Hotdog....(Defender of the weak, the poor and the innocent)
He's The Ace - He's Amazing...He's the Strongest... He's The Quickest.... He's The Best!

[Brick_Top]

It'll be fine. I spoke to 100% on the phone and they found it laughable that I was suggesting they'd gone bust. He said he hopes not, because if that was the case I wouldn't be on the phone to him, and he wouldn't have just booked all the European track days for next year.

[mrtEE]

[Gilderoy]

Even if they have gone busy you can claim your money back via any card services department. The only way that you are fooked is if you've paid by cheque. The bank doesn't get the money back off them it's that you're covered by the card itself. It's the same if you buy a Hi-Fi and it's stolen within 30 days the card company will pay out. Not many people know this as they hardly shout about it, i only found out when I started working for lloyds bank.

Rich

[Bendy]

I thought 100% had gone tits up but most of their stuff was now being done by Track Moto, a new company started by one of the 100% guys.

[mrtEE]

[Hotdog]