Pidcock Motorcycles - Administration

[Arlen]

Gone into administration yesterday

Pidcock Motorcycles Ltd have gone into receivership as of today (21/10/24).
Pidcock BMW & Pidcock Triumph in Long Eaton, and Pidcock Ducati in Beeston.

https://caseboard.io/cases/326426ad-6421-41a2-88e8...

Glad I didn't take myself up the other week to buy a bike now!

Edited by Arlen on Tuesday 22 October 09:03

Edited by Arlen on Tuesday 22 October 09:33

[A500leroy]

No way, but they are like a gazillion years old, wtf is happening.

[ujio]

Think we will be buying our bikes off Amazon soon.

[P675]

Wow used them a couple of times for MOT and service. Would have MOTd with them in Feb.

[Chicken Chaser]

Terrible to hear that another dealer has gone. Bikes and caravans seem to be the businesses which the bottom has fallen out of. Likely that's due to the big rises in new bike costs, higher interest rates, insurance costs etc.

[hondajack85]

Pretty sad to hear. I remember people used to go to the dealers to drool over the latest bikes and sometimes impulsively buy one. Otherwise you came out of there with some bits of gear or spares.
Now an army of youtube reviews post on every bike ,maybe people dont bother with trip outdoors.

[SteRB5138]

Very sad to hear, another blow to the midlands dealerships this year, with Streetbike closing in the summer.
Sounds like its going to be a tougher than normal winter

[Chicken Chaser]

It's probably the stshow of a summer we've had which means people haven't used their bikes as much as they might have done. Less money in people's pockets to add to it.

[PT1984]

This is sad and bad news. I spoke to some good helpful guys at Duc and BMW.

Fir the Midlands dealer, Duc was always in a poor position.

[Stifflec]

Chicken Chaser said:

Terrible to hear that another dealer has gone. Bikes and caravans seem to be the businesses which the bottom has fallen out of. Likely that's due to the big rises in new bike costs, higher interest rates, insurance costs etc.

[Stifflec]

Chicken Chaser said:

Terrible to hear that another dealer has gone. Bikes and caravans seem to be the businesses which the bottom has fallen out of. Likely that's due to the big rises in new bike costs, higher interest rates, insurance costs etc.

Insurance is not expensive it’s the governments and safety police turning young people off motorcycling.

[mikey_b]

ujio said:

Think we will be buying our bikes off Amazon soon.

You already can in America. Crappy Chinese ones only, though, and you have to assemble bits of it for yourself.

[Rushjob]

Sad news, I used to work there.

Chris and Pat P were lovely people to work for......

[Shooter McGavin]

Stifflec said:

Chicken Chaser said:

Terrible to hear that another dealer has gone. Bikes and caravans seem to be the businesses which the bottom has fallen out of. Likely that's due to the big rises in new bike costs, higher interest rates, insurance costs etc.

Insurance is not expensive it’s the governments and safety police turning young people off motorcycling.

... add in:

1) widespread theft, especially of <125cc bikes - exactly the kind of bikes people need to learn on,
2) lots of young people living in rented accommodation without a garage/secure parking
3) lots of young people working in 'WFH' jobs which don't require them to commute 5 days a week

Until the tide turns on treating bike theft more seriously (if they even catch the perps) then #1 is unlikely to change.

[Arlen]

From an article on the Nottingham Post. The BMW dealer looks to have a buyer but not the Triumph and Ducati one.

Anyone with deposits etc. should contact the administrator FRP

[Wulf Sternhammer]

That's a real shame. I used to buy my kawasaki bits off them back in the '80s when they had the shop in Derby on Osmaston Road. I don't think the fact that certain bike supermarkets are buying up all of the used stock is helping, either.

[wc98]

Stifflec said:

Insurance is not expensive it’s the governments and safety police turning young people off motorcycling.

This is a big part of it along with affordability. Back in the day a 2008 fireblade was about 25% of my annual salary. These days it's 60% (though i am earning a fair bit less in part due to the cost of energy driving the industry i used to work in out of Scotland) mainly due to wage stagnation over a number of years.

The last few years have seen a lot of young lads get into bikes around here although it's mostly smaller stuff there is the odd zzr600,thundercat etc among them, so hopefully not dying off completely.

[Altitude]

Stifflec said:

Insurance is not expensive it’s the governments and safety police turning young people off motorcycling.

I'd disagree there, especially for younger people the cost of insurance makes a huge number of bikes they want and could otherwise afford and run out of reach.
Even my insurance quotes for this year had I kept the bike looked to be near doubling, with nothing but another years no claims and an advanced riding qualification to add.

It's always easier as you get older, but if you want new blood taking up biking insurance is crippling their interest.