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HomeNEWSbreak-in disrupts auction of stock from 'bust' outlet

break-in disrupts auction of stock from 'bust' outlet

The online auction of motorcycle clothing and accessories from a family-run company that went bust was disrupted this week following a break-in.

The stock – leather, textile and casual clothing, gloves, boots, helmets, luggage and other accessories from Bradford-based Nicholas Noble (UK), trading as Nicholas Noble Motorcycle Clothing – was to be sold this week by Walker Singleton, with bidding scheduled to end today (8 February). That deadline has now been extended for up to four days.

Brands included Bell, Caberg, Knox, Lazer, Merlin, Richa, RST, Shark, Shoei, Sidi, Spada and Wolf. Display fixtures and fittings, warehouse equipment and office furniture are also up for sale.

The stock was expected to fetch £500,000.

Quoted in the Telegraph & Argus newspaper, Howard Eastwood, a director of Walker Singleton, said: “They broke in through the roof. They broke through doors and caused a mess. Some stock has gone but we have to take an inventory to see what items were lost.”

Eastwood said that the sale process, which involved creditors claiming back items which had not been paid for, had frustrated some people and, indeed the company.
He said: “There is natural concern but there is nothing malicious.”

The company collapsed into administration on 31 December 2018. Jeremy Bleazard of insolvency practitioner XL Business Solutions was appointed as administrator and has already begun to liquidate its assets.

Bleazard then commissioned auctioneer Walker Singleton to dispose of the stock.

The sale has now resumed. For further information, call Walker Singleton on 0113 848 0101 or browse walkersingleton.co.uk.

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