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For Sale by Timed Online Auction - On behalf of DAE Systems Limited in Liquidation

Sale Type: Timed Online Auction
Timed Online Auction
An auction conducted online only, where the bidding is open for all to see, on a lot by lot basis, sales automatically extend by ten minutes should any bidding activity take place immediately prior to a sale being due to close and will continue to do so until the bidding is exhausted. Sales are conducted subject to specific terms and conditions. Wyles Hardy & Co utilise the BidSpotter platform for these sales.
Currency: GBP Date posted: 11/5/2018 End date: 29/5/2018

The Liquidators of DAE Systems

Contact: Terry Madden
Tel:01442 832234
Alternative Contact Darren Pope
Tel:01442 832234



Sale Details

For Sale by Timed Online Auction

CNC Machine Tools, Sheet Metal Fabrication Plant and Welding Equipment 

 

Lots Include:

HARDINGE Talent 6/45 CNC Turning Centre (2004)

HARDINGE Conquest T42 CNC Turning Centre

YCM SUPERMAX V106A CNC Vertical Machining Centre (2002)

HARDINGE VMC 600 II CNC Vertical Machining Centre

XYZ Proturn NC Lathe (2001)

COLCHESTER TRIUMPH 2000 Centre Lathe

MURATA WIEDERMAN Centrum 2000 18-Tool Punch Press

SAFAN 110-Tonne Press Brake

EDWARD True Cut 3.25/2500 Guillotine

PEARSON 8ft x .25ms Guillotine

JONES & SHIPMAN 540 Horizontal Surface Grinder

HURON KU6 & KU5 Mills, XYZ EMX Turret Head Mill & XYZ Pro 1500 V CNC Turret Mill, POLLARD CORONA 6-Spindle Pillar Drill, RICHMOND Envoy Radial Arm Drill

Welding Equipment by BRITISH FEDERAL, MUREX & SUREWELD together with a special purpose Seam Welding Line

Small Tools, Inspection & Factory Equipment and a Forkllift Truck

Two STREET 5-Tonne OHTCs

 

Viewing Day to take place on Thursday 24th May 2018 at:

DAE Systems Limited

Brunel Park

Vincients Way

Chippenham

Wiltshire

SN14 6NQ

 

Online Auction closes 10.00am Tuesday 29th May subject to staggered and extending lot timings.

Schedule and notice to purchasers

NOTICE TO PURCHASERS    

Credit Card and Debit Card details are used for registration purposes.  Wyles Hardy & Co. Limited DO NOT accept payment by Credit Card but do accept Debit Cards.

Sales by Timed On-Line Auction on Behalf of the Liquidators of DAE Systems Ltd.

Viewing: The lots for sale may be viewed on 24th May 2018 by appointment only between 9.30am and 4.30pm at DAE Systems Ltd, Brunel Park, Vincients Way, Chippenham, Wiltshire, SN14 6NQ.

Car Parking: There is limited parking at the premises. 

Damage: Person’s attending the viewing will be held liable for any damage they cause, and shall meet all costs and expenses incurred in the rectification of the damage so caused, as advised by Wyles Hardy & Co Ltd.

Bidding Process: Bidding will end at 10:00 UK Time on 29th May 2018 subject to staggered timings and the normal 10 min extension] at which time all highest bids will be considered.

Acceptance of Final Bids: IMPORTANT NOTE – Acceptance of all final bids is subject to prior approval by our client.  Wyles Hardy & Co Ltd reserve the right to reject any bids which they feel are insufficient. Successful bidders will be notified by email by Close of Business 30th May 2018.

Invoicing: Please ensure that the details given are the same as those to which the invoice will be addressed (under no circumstances will invoices be altered once issued).

Instructions for Bidding: Access for bidding can be obtained through our website www.wyleshardy.com or www.bidspotter.co.uk   Full bidder’s details including a valid email address must be provided in order to bid.  You must be over 18 to use this service.  In the event of a bid being received within 10 minutes of the scheduled closing time, the bidding period on that lot will automatically extend by a further 10 minutes and for a further 10 minutes for any bid received thereafter. When bidding do not forget to `Refresh` your screen to ensure you are aware of current bids.

Mailing List: All approved bidders will automatically have their details placed on a mailing list database for notification of futures sales undertaken by Wyles Hardy & Co Ltd only. In the event that you wish to have your details excluded from our database please notify us by email

Odometer Readings and Descriptions: The company offers details of each lot in good faith and it is recommended that the purchaser satisfies themselves with the vehicles details prior to bidding.

Buyers Premium: In addition to the sum bid the purchaser will pay a buyer’s premium of 15% on the hammer price plus VAT.  The premium is not negotiable and will be charged to all purchasers. VAT will not be refunded on the buyers premium under any circumstances, including overseas purchasers.

Overseas Purchasers

On notification of the acceptance of an offer(s) overseas purchasers must advise if the goods are intended for export and the destination of same and provide the following information / documents:

copy of their passport and another document confirming the identity;

details of their bankers and their UK corresponding bank;

details of their shipping agents and their UK representatives.

Value Added Tax (VAT): All lots are sold exclusive of V.A.T. which will be added to the purchasers sale accounts at the rate of 20% except those lots which are zero rated for VAT purposes as indicated in the catalogue.

Non E.C. Purchasers: Purchasers must advise the intention to export their purchases on offer acceptance.  VAT will be levied on all purchasers at the rate of 20%.  Upon receipt of a copy of the Bill of Lading detailing the purchases, a full description of the goods purchased/exported (a simple description of “box/crate” is deemed insufficient) and confirming their export outside the E.C., the VAT will be refunded.  VAT will not be refunded on the buyers premium under any circumstances, nor where the Bill of Lading is not received within 30 days of the date of invoice. If outside the 30 day timescale purchasers will need to liaise direct with HMRC.

E.C. Purchasers: Purchasers must advise the intention for goods to be subject to an interstate transfer within the E.C. and also ensure that their local VAT registration details are provided when they first register for the sale.  Upon receipt of documentary evidence giving conclusive proof that the interstate transfer has taken place the VAT will be refunded.  VAT will not be refunded on the buyer’s premium under any circumstances, nor where the documentary evidence of the interstate transfer taking place is not received within 30 days of the date of invoice. If outside the 30 day timescale purchasers will need to liaise direct with HMRC.

N.B. Purchasers are solely responsible for obtaining export licences, where required.

Conditions of Sale: All lots will be sold, subject to the Terms and Conditions of sale, as shown on our website and those contained within this schedule.  Bidders are strongly advised to read them carefully and to re-visit the same from time to time to acquaint themselves with any amendments/additions.

Payment Terms: All purchases are to be paid in full, no later than 4.30pm UK Time on 31st May 2018.

Payment to be made by :

PREFERRED METHOD OF PAYMENT - Bank Transfer: (CHAPS, SWIFT etc.) to:

Account Name: Wyles Hardy & Co Clients Account

Account No: 48914576

Bank: NatWest Bank, Harrow & Watford Branch

Sort Code: 60-00-08

Debit Cards: We accept the following debit cards, Switch, Delta, Electron and Connect – we do not accept Credit Card payments.  Please note that, to protect both the purchaser and our client from any fraudulent activities, Debit Card transactions will only be accepted at our Bovingdon office with the card holder present, in person and with a second form of ID.

Cash: Limited to £500 maximum transaction value, payments above this sum will not be accepted in cash.

Bankers Draft: Please note Wyles Hardy & Co. NO LONGER accept Bankers Drafts as payment for purchases.

All queries regarding payment should be directed to our , quoting AD1047.

Method Statements: Certain items of plant and machinery equipment will only be permitted to be de-installed and or removed if Wyles Hardy & Co Ltd have been provided with a suitable method statement.  The information required in the method statement will vary according to the type, nature and location of the equipment.  However, as a minimum, the method statement must detail the following:

What work is going to be carried out ?

How is the work going to be carried out ?

Who is going to do the work and their competences to do that work ?

When is the work going to be carried out ?

If any independent contracts (including hauliers) are to be used, who are they and confirmation of their competence(s) will be required.  If any machinery or lifting equipment is to be utilised, certificates of safety and or conformity must be provided.  If any “hot working” is to be carried out, this must be specified together with details of the safety measure that will be put in place.  Copies of public and employee liability insurance certificates must be provided.  Method statements must be provided, at least 2 working days prior to the work being scheduled to commence.  Method statements must be approved by Wyles Hardy & Co Ltd prior to the work commencing; submission does not gain automatic approval.

Insurance of Lots: The bidder / buyer is at risk once the buyer is notified of his successful purchases and is strongly advised to effect insurance at once, irrespective of whether title has passed. Title does not pass to the purchaser until payment has been received in full. 

Buyers of motor vehicles and/or road-going powered plant are responsible for ensuring that prior to use on the road, that in all respects the vehicle complied with all legal requirements as to the construction and the use of such a vehicle and further more for obtaining all certificates, permits and other authorisations necessary.

Clearance of Purchases: All lots must be removed strictly by appointment between 9.30am and 4.30pm from Thursday 31st May until Thursday 14th June (excluding weekends) from DAE Systems Ltd, Brunel Park, Vincients Way, Chippenham, Wiltshire, SN14 6NQ at the buyers expense.  The premises will be open from 9.30am to 4.30pm.  Wyles Hardy & Co Ltd do not undertake packaging, postage, delivery or shipment of goods and the bidder must make his own arrangements to comply with the clearance terms. Clearance of all lots must be undertaken in accordance with Health & Safety at Work Regulations and, where necessary, Construction Design and Management Regulations 1994. The purchaser should ensure that their contractors hold sufficient public liability insurance, copies of which should be made available to Wyles Hardy & Co Ltd if demanded.

Transfer of Lots: Wyles Hardy & Co Ltd will only accept payment from and permit removal of lots purchased by the successful purchaser or their duly appointed agent.

Wyles Hardy & Co Ltd reserve the right to refuse to accept the bid of any bidder should they be unable to satisfy Wyles Hardy & Co Ltd on any of the above.

If you agree to the Terms and Conditions and this specific Notice to Purchasers you may register for this event. Registering for this event means you agree to both the BidSpotter.co.uk website’s Terms and Conditions and also Wyles Hardy & Co Ltd’s Terms and Conditions for this Sale.

Provision of Services Information: Wyles Hardy & Co. Ltd’s (whose trading style is Wyles Hardy & Co) principal place of business is Ley Hill Road, Bovingdon, Hemel Hempstead, Hertfordshire, HP3 0NW, Great Britain. Registered in England No. 2598566, Registered Office: 9 Bonhill Street, London EC2A 4DJ, Great Britain.  VAT Registration Number: GB579 1851 94.

Please note Wyles Hardy & Co Ltd issue self billing invoices only. 

Wyles Hardy & Co. Ltd operate a complaints handling procedure which is in compliance with the requirements of the RICS.Professional indemnity insurance is provided by Markel (UK) Limited, Verity House, 6 Canal Wharf, Leeds, LS11 5AS.

© Copyright 2017 Wyles Hardy & Co Ltd