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Nl Stolen Bikes

Discussion in 'Stolen Bikes/Parts' started by bradders, Sep 23, 2020.


  1. Do you know that for a fact? I ask because I have it on good authority that he’s sitting very pretty with very good margins generally ?


    Not that it matters Ofcourse. It is what it is. We are mostly all in the same boat at the mo. Or sucks !
     

  2. Be mega hard that. The shipping manuscript thingy magigy’s aren’t very specific at all!
     
  3. Yep, and I doubt your 'good authority' is anywhere as close to the source, but let's not digress.

    Also depends what your definition of a very good margin is? And margin is irrelevant without the volume, opex in the TDO space is huge and carries risk.

    We can all judge books by covers.
     
  4. Just seen NL have cancelled 4 Spain trips end of the year as not economically viable. Bad times :(
     
    #24 bradders, Sep 24, 2020
    Last edited by a moderator: Sep 24, 2020
  5. Yeah, heartbreaking for them, a proper hard graft success story.
     
    • Agree Agree x 1
  6. Surely turnover (sales) does pay wages, rent, utilities...... and profit pays shareholders?
     
    • Agree Agree x 1
  7. Shame
     
  8. which events
     
  9. Very disappointing. Doesn't inspire consumer confidence :(
     

  10. I can’t and wouldn’t comment on that regardless

    Put it this way. I don’t exactly feel sorry for Mark. We are mostly as said all in the very same boat (across the board).
     
    #30 Advikaz, Sep 24, 2020
    Last edited: Sep 24, 2020
  11. On their page
     
  12. Most dealerships run on a 1-2% margin turnover pays nothing if the profit isn’t there
     
    • Agree Agree x 1
  13. Sadly, even a 1-2% margin on sales does not guaranty a profit. That depends entirely on keeping costs under control, which to drag this back to NL, I imagine has been quite tough for them in 2020.
     
  14. So what’s the Return on Capital Employed (ROCE)? Less than 2% you may as well put the money in Premium Bonds rather than investing and risking it in a business.
     
  15. You’re querying why almost any high street independent retailer bothers getting out of bed, never mind insurance underwriters who traditionally make single digit % including ROI
     
    • Agree Agree x 1
  16. Just seen this. Bloody fuck!

    Do NL use purpose built stillage? Two bikes per crate? In which case the scrotes will have needed a fork lift truck.... o_O
     
  17. Can confirm my bike is still there and my mates R6 has been stolen. They've tipped out my kit bag and my lid has gone, probably used by one of the robbers. Some of my other items are also missing, possibly still in the warehouse...Somewhere.
    Violated...:(
     
    #37 Nelson, Sep 25, 2020
    Last edited: Sep 25, 2020
    • Dislike Dislike x 3
  18. Still unpleasant news although pleased you still have the bike. Andy
     
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  19. Bloody awful situation for all
     
    • Agree Agree x 3
  20. Yes they do. We can only guess, but suspect bikes were offloaded and left in the warehouse over night (never had that in my experience- always been sat waiting for the truck)
     
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