What's happening at 50 Cycles?

[Tallbiker]

What makes you say I am going to say positive things about 50 cycles? I am just keeping the people informed here.
Old company --> https://beta.companieshouse.gov.uk/company/05140671/filing-history?page=1

New company --> https://beta.companieshouse.gov.uk/company/12193297/filing-history

A liquidator has been appointed, and I am very curious to see if Scott is talking inventory that should belong to his bankrupt company and selling it for crypto before the liquidator comes and claims it.

 

[Muddyfox]

Most likely items grabbed and taken home from the premises by staff/owners before recievers did a stock inventory

Once had my motorcycle in for a routine service at a dealers that went unexpectedly bust -- luckily one of the staff rang me up and warned me to quickly come and remove my bike before it got locked up at the shop at the end of the day and taken away as being part of bankrupt stock.

I have recently visited the 50cycles premises in Loughborough and saw both new and used bikes with name tags on the handlebars. The same bike I viewed was offered on eBay by cutielaura and bikegear32.

 

[Deleted member 25121]

I have recently visited the 50cycles premises in Loughborough and saw both new and used bikes with name tags on the handlebars. The same bike I viewed was offered on eBay by cutielaura and bikegear32.

Somebody / people needs to inform the authorities.

 

[Audio2]

How do you know it is not the liquidator doling his job.

 

[sjpt]

I wouldn't want to see the day when liquidators use Ebay on behalf of HMRC and creditors.

Charity shops regularly use ebay to get best price on certain items. The job of the liquidator is to get the maximum out of assets on behalf of all stakeholders, including HMRC and other creditors. Like it or not (I don't either), wouldn't it be dereliction of duty not to use ebay if there was good reason to believe that would get the best return?

 

[sjpt]

then advertise the goods on the company's website.

Agreed. Even if using ebay they should still use the company account.

 

[Muddyfox]

How do you know it is not the liquidator doling his job.

Unless Scott and Mark are now working as liquidators for 50cycles as these were the only 2 people on the premises at the time of my visits.

 

[Woosh]

the thing that mystified me a little bit is in this day and age, most accounting, including profit and loss analysis, is done monthly if not weekly on a computer. It's no more demanding than pressing a button. You can't rack up such losses without someone notices.

 

[HVS84]

the thing that mystified me a little bit is in this day and age, most accounting, including profit and loss analysis, is done monthly if not weekly on a computer. It's no more demanding than pressing a button. You can't rack up such losses without someone notices.

Incompetence on the part of the directors, but no doubt blamed on the staff.

 

[Kizza]

I got this email from 50cycles today

You have to fill out an enquiry form to get any further.

 

[Will Tinker]

Wow... just wow.

 

[Gadfly]

I received the same email. I binned it.

 

[50cycles]

I got this email from 50cycles today

You have to fill out an enquiry form to get any further. View attachment 33276

Hi Hudson,

You should have published the whole news so the forum member can grab a bargain in Loughborough all week with our warehouse Clearance. We have model listed from £500.00 this week and even my own personal Kalkhoff BS10 the classic model with only 76 miles on the clock which some people spotted on my family ebay account. We will be adding models all month long so make sure you subscribe to our new website coming soon!

In addition for the Trade Members on here you can register below to carry the BH brand next year in 2020 at the bottom of this news.

Enjoy the read and if you have any questions about our restructure please do not hesitate to fill out the form.

Kind Regards

50 Cycles Distribution Limited (Trading as 50cycles)

Hello Pedelecers,

Since our last email, we've restructured and regrouped to ensure we can continue to offer you the best bikes at the most competitive prices.

To celebrate this festive month and in the time before our new website launches, we're running a December Clearance sale, details below.

This is also your personal invitation to grab yourself a great deal for the new year in our December Warehouse Sale with some of the best models (both old and new) in the UK today.


Our Loughborough showroom offers a range of e-bikes from Kalkhoff's Golden Age (as featured in this list of The Best Electric Bikes of the 21st Century so far) - all serviced by our team, ready to ride, almost like new at excellent prices.

​ Please register your interest through our form and you'll also qualify for a free 50cycles Proviz Jacket if you order your bike before January 3rd, 2020. We'll help you find the ideal bike at a super price - the first step is to complete the form and we'll be in contact and make you an appointment to visit our showroom. Here's a look at the four excellent bikes now on offer

​ ​ A walkaround the four bikes on offer this weekend

​ Not sure which to buy? CLICK HERE for our Winter Clearance Enquiry Form​

​ Here are some initial offers to think about

​ ​ BH Atom Street £1516 The Atom Street is a compact step-thru with 26-inch wheels, 8-speed derailleur gears and a beautiful look. The centre motor is surprising quiet and powerful. Likely to be one of our best-sellers for years to come. ​ ​ BH Diamond Wave Pro £2156 Long range comfort with a 720Wh integrated battery pack, 8-speed Shimano hub gear, hydraulic rim brakes, built-in lock, rack and lights. Take to the road fully-equipped to enjoy a long ride.

​ ​ Beatbike Step Thru £960 One of the best-selling ebikes, this step-thru was recently traded-in. Kalkhoff 612Wh battery pack, LCD8-speed hub gears and 26-inch wheels. What makes it especially comfortable is the generous saddle, sprung post and suspension forks. ​ ​ Kalhoff Endeavour BS10 £1200 Recently named one of the best electric bikes of the 21st century, the Endeavour BS10 was Kalkhoff's version of the Bosch speed pedelec. Very reliable, fast and well-equipped, it's rare to see one available these days.

Trade Enquiry Form​

​ Not sure which to buy? CLICK HERE for our Winter Clearance Enquiry Form​

Sales links removed by Admin

 

[Muddyfox]

That's the Kalkhoff BS10 I got my deposit back once I discovered , through this forum , that it was a S class bike. Certainly was not that price then.

 

[50cycles]

That's the Kalkhoff BS10 I got my deposit back once I discovered , through this forum , that it was a S class bike. Certainly was not that price then.

Hi Barry, Yes that is the model you bidded on, we delisted and you wasted our time on and I gave you your deposit back!

 

[Deleted member 25121]

Hi Hudson,

You should have published the whole news so the forum member can grab a bargain in Loughborough all week with our warehouse Clearance. We have model listed from £500.00 this week and even my own personal Kalkhoff BS10 the classic model with only 76 miles on the clock which some people spotted on my family ebay account. We will be adding models all month long so make sure you subscribe to our new website coming soon!

In addition for the Trade Members on here you can register below to carry the BH brand next year in 2020 at the bottom of this news.

Enjoy the read and if you have any questions about our restructure please do not hesitate to fill out the form.

Kind Regards

50 Cycles Distribution Limited (Trading as 50cycles)

Hello Pedelecers,

Since our last email, we've restructured and regrouped to ensure we can continue to offer you the best bikes at the most competitive prices.

To celebrate this festive month and in the time before our new website launches, we're running a sale, details below.

This is also your personal invitation to grab yourself a great deal for the new year in our December Warehouse Sale with some of the best models (both old and new) in the UK today.


Our Loughborough showroom offers a range of e-bikes from Kalkhoff's Golden Age as featured in this list of The Best Electric Bikes of the 21st Century so far) - all serviced by our team, ready to ride, almost like new at excellent prices.

​ and you'll also qualify for a free 50cycles Proviz Jacket if you order your bike before January 3rd, 2020. We'll help you find the ideal bike at a super price. Here's a look at the four excellent bikes now on offer

​ ​ A walkaround the four bikes on offer this weekend

​ ​

​ Here are some initial offers to think about

​ ​ £1516 The Atom Street is a compact step-thru with 26-inch wheels, 8-speed derailleur gears and a beautiful look. The centre motor is surprising quiet and powerful. Likely to be one of our best-sellers for years to come. ​ ​ Pro £2156 Long range comfort with a 720Wh integrated battery pack, 8-speed Shimano hub gear, hydraulic rim brakes, built-in lock, rack and lights. Take to the road fully-equipped to enjoy a long ride.

​ ​ £960 One of the best-selling ebikes, this step-thru was recently traded-in. Kalkhoff 612Wh battery pack, LCD8-speed hub gears and 26-inch wheels. What makes it especially comfortable is the generous saddle, sprung post and suspension forks. ​ ​ £1200 Recently named one of the best electric bikes of the 21st century, the Endeavour BS10 was Kalkhoff's version of the Bosch speed pedelec. Very reliable, fast and well-equipped, it's rare to see one available these days.

​

​ ​

Will you be going bust again after taking people's payments?

 

[50cycles]

Will you be going bust again after taking people's payments?

All refunded before we restructured, if you did not receive your refund please direct message us or fill out the form.

 

[Woosh]

Public apology:

Regarding my comment in this post:

https://www.pedelecs.co.uk/forum/threads/whats-happening-at-50-cycles.35889/post-530283

and also in this post:

https://www.pedelecs.co.uk/forum/threads/whats-happening-at-50-cycles.35889/post-530275

I wish to make it clear to everyone that both comments were not directed at Mr Scott Snaith, ex director of 50Cycles Limited now in liquidation.
I apologise for any misunderstanding and justified hurt that the said comment may have caused.

Mr Snaith has also requested that the offending remarks be deleted from this website. As I cannot do this myself, I have requested the site's administrator to do so on my behalf.

I wish Mr Scott Snaith every success in his new venture.

tony@wooshbikes.co.uk

 

[Deleted member 25121]

Is there anybody out there still waiting for a full refund from 50cycles after they went bust?

 

[50cycles]

Public apology:

Regarding my comment in this post:

https://www.pedelecs.co.uk/forum/threads/whats-happening-at-50-cycles.35889/post-530283

and also in this post:

https://www.pedelecs.co.uk/forum/threads/whats-happening-at-50-cycles.35889/post-530275

I wish to make it clear to everyone that both comments were not directed at Mr Scott Snaith, ex director of 50Cycles Limited now in liquidation.
I apologise for any misunderstanding and justified hurt that the said comment may have caused.

Mr Snaith has also requested that the offending remarks be deleted from this website. As I cannot do this myself, I have requested the site's administrator to do so on my behalf.

I wish Mr Scott Snaith every success in his new venture.

tony@wooshbikes.co.uk

Dear Tony,

Apology accepted and thank you for your response.

Best of luck for the future too.

50cycles