I thought that I would write and thank and apologise to all the people on this and other forums that have supported Alex and I with Planet Generators.
As many of you know Alex and I have strived to build a good reputation and distribute a good quality reasonably priced generator
Unfortunately we hit a string of problems. Firstly we were hit badly by fraud, at the time we were 6 months old as a company. We lost in total about £80,000 , we sourced and bought the Big Diesel Generators needed. We thought this was fantastic until 3 months later (When profit had been used elsewhere) we had a succession of chargeback letters through the post demanding £50,000. The Bank then withdrew our card paying facilities. This caused massive problems and since then we have never really recovered as we are now in the position of constantly trying to pay that back along with normal running costs etc.
The second problem was my Business Partner and still my best friend Alex (Muscles as you know him.)As many of you know Alex and I have strived to build a good reputation and distribute a good quality reasonably priced generator. We failed!
Alex had to take a back seat role at Christmas as his diabetes became really bad and it seemed it was the hours and the stress that trying to run and start a small business entails.. This meant that our man power was 50% down. In hindsight it would have been easier to close it then, but in a effort to try and look after people's warranties etc I wanted to try and make it work. I have ended up getting swamped as I now do everything with in Planet. It is too much for 1 person. and I simply couldn’t cope. We also laid some people off last year to try and ease the strain on the cashflow which makes my position even more demanding now.
We have struggled for the last few months, both physically and financially and have today come to the conclusion that we have no other alternative to closing. I thought that I would write and thank and apologise to all the people on this and other forums that have supported Alex and I with Planet Generators. We have today called in the auditors and have ceased trading. For the for seeable future I will only be able to see PM's on here, as my email accounts etc will be shut down.
We don’t know exactly what will happen, matters are somewhat out of our hands at the moment but rest assured that as soon as we have further information or contact details we will post it on here.
Personally I am considering what the future holds in store for me, but as yet have not been able to make any decisions at all. Alex is probably going to look for a part time job locally which is about all he is capable of with his health as it is.
On a very personal note, the only light at the end of a very long dark tunnel is that the stress and worry of the last few months has been the kind words and encouragement that I have had from members of this forum.
As many of you know Alex and I have strived to build a good reputation and distribute a good quality reasonably priced generator
Unfortunately we hit a string of problems. Firstly we were hit badly by fraud, at the time we were 6 months old as a company. We lost in total about £80,000 , we sourced and bought the Big Diesel Generators needed. We thought this was fantastic until 3 months later (When profit had been used elsewhere) we had a succession of chargeback letters through the post demanding £50,000. The Bank then withdrew our card paying facilities. This caused massive problems and since then we have never really recovered as we are now in the position of constantly trying to pay that back along with normal running costs etc.
The second problem was my Business Partner and still my best friend Alex (Muscles as you know him.)As many of you know Alex and I have strived to build a good reputation and distribute a good quality reasonably priced generator. We failed!
Alex had to take a back seat role at Christmas as his diabetes became really bad and it seemed it was the hours and the stress that trying to run and start a small business entails.. This meant that our man power was 50% down. In hindsight it would have been easier to close it then, but in a effort to try and look after people's warranties etc I wanted to try and make it work. I have ended up getting swamped as I now do everything with in Planet. It is too much for 1 person. and I simply couldn’t cope. We also laid some people off last year to try and ease the strain on the cashflow which makes my position even more demanding now.
We have struggled for the last few months, both physically and financially and have today come to the conclusion that we have no other alternative to closing. I thought that I would write and thank and apologise to all the people on this and other forums that have supported Alex and I with Planet Generators. We have today called in the auditors and have ceased trading. For the for seeable future I will only be able to see PM's on here, as my email accounts etc will be shut down.
We don’t know exactly what will happen, matters are somewhat out of our hands at the moment but rest assured that as soon as we have further information or contact details we will post it on here.
Personally I am considering what the future holds in store for me, but as yet have not been able to make any decisions at all. Alex is probably going to look for a part time job locally which is about all he is capable of with his health as it is.
On a very personal note, the only light at the end of a very long dark tunnel is that the stress and worry of the last few months has been the kind words and encouragement that I have had from members of this forum.
Something somewhere has your mark on it !!
