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To view a selection of case studies, detailing the type and scope of work undertaken by Wyles Hardy & Co, please follow the links below. Case studies Cucina Direct Ltd TWR Group United Networks Ltd G. Pearce Civil Engineering Ltd Mayflower Group AFX Captial Ltd Cucina Direct Ltd Instructed to assist the company, and its advisors, in the valuation and sale of this mail order and internet based kitchen equipment and cookware retailer. The company was well known in its sector and had an excellently maintained DPA compliant mailing list. Within a short timescale we were able to help identify potential interested parties, contact them and act as liaison. We then undertook the initial negotiations with the leading contenders for the business and brought them to a conclusion meeting where a sale was finalised, delivering a successful outcome in a compressed timescale. Finding prompt innovative solutions in the traditional and web based retail sectors are skill sets firmly in place at Wyles Hardy & Co. We have been pleased to have assisted our clients with the following, amongst other retail brands:- Our Price Records Kookai Powerhouse Warner Bros. Studio Stores Bookcase Tile City Greenfingers.com Bliss Gifts Salisburys Back to top
TWR Group 
Acting as the agents for the Joint Administrative Receivers, we were retained to conduct the orderly disposal of the collection of race cars and related ephemera held by the group. These comprised the collection of the famous Silk Cut Group ‘C’ Jaguar racing cars including the 1990 Le Mans winning car. There was also a ‘museum’ of significant cars, many linked to Tom Walkinshaw’s racing career, together with historic rally cars, trophies, race wear, drawings, etc.A number of the Group C Jaguars required re-assembly and commissioning, a significant task in itself, as with such historically important cars, provenance and originality are of paramount importance, even down to tracing the original decals and race numbers. This task was managed by Gordon Wyles, the total process taking well over a year to complete. The Jaguars were offered for sale by private treaty and found their way into the hands of collectors and race enthusiasts around the world, in a series of individual transactions totalling several million of pounds. The balance of the collection of cars and other material were offered for sale by auction at Brands Hatch, where there was standing room only in the auction room, and bidders joining in the webcast sale from all over the globe. With two world record prices including the world’s most expensive Ford Cortina! (Ex. Clarke/Whitmore/Stewart) the sale was hailed as a rousing success. We are rightly proud of our reputation in the field of high performance, prestige and racing motor cars, and have been involved in many valuable and interesting cases in this field, including:- MG Rover Sports & Racing Ltd. Bentley “Old Number One” – Double Le Mans Winner. Simtek Grand Prix Ltd. – F1 Race Team. Scharrighuisen Collection of Historic Bentleys. The Aston Martin V8 Commemorative Collection of nine Cars, and numerous exotic and sports cars by Ferrari, Porsche, Aston Martin, etc. Back to top
United Networks Ltd 
Instructed by advisors to the company, we were engaged to assist in the sale of the business by preparing an inventory and valuation of the assets employed. The company was primarily engaged in the wholesale telephony and bandwidth marketplace, with high capacity switches in the UK and Sri Lanka and POPS in cities throughout Western Europe.The company had extensively utilised asset based lenders to fund capital equipment acquisition and upgrades which had led to a complex situation. We assisted in asset identification and ownership tracing prior to a sale of the business taking place. Technology based businesses, particularly in the communications, broadcast and computer related fields, form a significant part of work undertaken by ourselves and we have assisted clients with numerous cases including:- ITV Digital plc - Terrestrial Digital Television Broadcaster AduroNet - Pan European VPN Provider Inquam Telecommunications Ltd. – Digital Tetra Telephone Network InterRoute Ltd. – Pan European Internet and Routing Provider Back to top
G. Pearce Civil Engineering Ltd 
Retained by major UK finance company to locate, recover, market and sell a fleet of contractors plant and machinery based in the South West.Requiring tact, tenacity and determination, we recovered the entire fleet of 35 vehicles including Kobelco, Case and Takeuchi tracked excavators, JCB 3CX Back Hoe Loaders, Terex Dumpers and Rollers etc, co-ordinating the personnel, recovery, specialist haulage and transport, was all undertaken by our staff. Once in our care we arranged and conducted a sale by tender. We regularly undertake the tracing and recovery of assets on behalf of finance companies and banks and welcome Proceeds of Crime Act (POCA) sequestration and related instructions. Back to top
Mayflower Group 
Mayflower Corporation PLC.Mayflower Vehicle Systems Ltd. Transbus International Ltd. Mayflower Energy Limited Acting as sole machinery and business asset valuation agents to the Administrators, Wyles Hardy & Co. were instructed to provide valuation advice to assist in the financial restructuring and the sale of the UK businesses, which operated from fourteen locations with in excess of 3250 employees and a combined turnover of £390 million. The principal activities of the group related to the automotive industry, including car and light commercial vehicle body and chassis component design, production and manufacture, through Mayflower Vehicle Systems Ltd. Transbus International Ltd., via their well known brands which included Dennis, Alexander and Plaxton, focused on the design and engineering of bus and coach chassis and bodies together with fire engine chassis. Mayflower Energy Ltd.’s prime business activity was the operation of ‘Mayflower Resolution’ the world’s only purpose built wind turbine installation vessel. The diversity of the assets held across the business posed a challenge, calling on a range of skills and valuation experience in order to complete this exercise. The Mayflower Group of Companies was one of the largest company failures, and, probably, the highest profile insolvency, of 2004. Amongst other instructions we have received in the engineering and manufacturing arena are: Harlow Pressings Ltd – Press Shop Richard Roberts Holdings Ltd – Knitwear Manufacturers and Dyers XLT Timbalex – Plastic Injection Moulders Allenwest Brentford Ltd – Substation and Switchgear Manufacturers Back to top
AFX Captial Ltd 
Acting on behalf of the Administrative Receivers of AFX Capital Ltd we were instructed to market and sell a Boeing 747 – 200F Freighter aircraft. This task was particularly challenging as the aircraft had reached a point in its scheduled maintenance regime, whereby major engineering inspections and overhauls were due imminently, with attendant significant costs.The aircraft was successfully sold, by private treaty, lying at Stansted to an American concern. We have considerable experience in all aspects of the aviation industry having provided valuation and disposal advice to insolvency practitioners, banks and finance houses, in respect of aircraft, ground support equipment, components, aircraft infrastructure etc. Cases and clients have included: BAA Plc – Valuation and disposal of machinery infrastructure Britten Norman Ltd – Valuation of an aircraft manufacturer Debonair Airways Ltd – Valuation advice in respect of this low cost airline Swissport UK Ltd – Valuation and disposal of the ground support and handling equipment based at Heathrow Aircraft types advised on include: Agusta 109A Helicopters Avro Lancaster BAE 146 – 300, BAE ATP, BAE Jet Stream 3102 Bell 206L Longranger Helicopter Boeing 747 – 200 Series Cessna Citation II Series (Executive Jets) Cessna Pressurised Twins to single engined trainers Douglas DC3 Fuji & Glastar single engined tourers Hawker Hunter, Hawker Siddeley Buccaneer DeHavilland Vampire & Venom, BAC Jet Provost Mig 15 Jet Fighter Piper Twins to singled engined trainers Shorts 300 Series etc. Socota TB Series of single engined aircraft Back to top
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