It's from two weeks ago but documents have taken time to process/be updated.
its a pre-pack. planet x ltd went into administration and Baj bought the assets and brand, staff transferred over too.
https://www.rothbiz.co.uk/2023/06/news-8115-jobs-saved-as-rotherham-bike.html
there are two other planet x related businesses that still seem to be active - planet x retail and planet x EOT trustees.
Anyone know if they are still making new frames or just selling the stock?
its a pre-pack.
Now it depends on which bits the new owners really want. TBH, I wouldn't bet against them gutting it and walking away in <12 months.
So do we reckon it’s safe to order stuff? Seems like it.
If they had something I wanted I wouldn’t hesitate to buy from them. I would use PayPal so I had some protection though
I placed an order with Planet X about 10 days ago, I was genuinely surprised how quickly I received it. I think it took 2 days. I had assumed lower staffing levels and therefore a bit of a wait.
Fingers crossed the get some bootzipper frames back in stock, I'd not hesitate in ordering one.
I ordered 2 pairs of bibs on friday, tracking number shows delivery tomorrow, so fingers crossed
Wow - I ordered a couple of carnac jerseys for Mrs at 5pm yesterday, and she's just cycled away wearing one this morning! very speedy
Got a shock pump last week for £10 - is exactly the same as the one that came with Marzocchi forks a few years back but with "Jobsworth" logo. Nice.
[i] very speedy[/i]
Yeah, I've seen her go, she is rapid! 😉
The daily emails offering bikes at massive discounts have stopped and they're all back to full price. Discounts of stock of clothing, tools etc seem to be continuing though - I guess they're overstocked on a lot of that?
PAYDAY20
20% off the entire site till Monday apparently. Smells a bit more 'fire-saley' to me. Pay with Paypal or a Credit Card and go for it!
The daily emails offering bikes at massive discounts have stopped and they’re all back to full price
20% off the entire site till Monday apparently
Business as usual then
yes, I smiled when I received that this morning!
Was trying to find this thread earlier to post re the 20% off.
New down sleeping bag bought here 🙂
Just ordered the bar bag for a two day Pennine Bridleway ride. May not use the bag again, but it looks better than anything else out there for the price. Only needs to keep my civvy clothes nice and dry. Also two bottle cages as the ones on MrsF's and daughter's bikes have snapped.
So that 20% off, it seemingly applies to anything on the site, no matter what existing discounts are already applied.
e.g. this Chorus Disc groupset!
£1,199.99 -> £959.99 for a Chorus Disc groupset: That's well below anyone elses listed price currently, So if you're a Campag fan That might be worth it...
Yes, it works on all the ex display bikes as well which they don't usually work on.
The recent update to Companies House is an interesting read.
It basically lists all of their debt to suppliers and the customers who have credit left over on their accounts.
https://find-and-update.company-information.service.gov.uk/company/06535324/filing-history
Interesting. Stock £3m value but stated as realisable 10% of that per the then administrator. £750k due to Sram. Waltly £150k.
Rotherham council £50k.
DPD & FedEx taking a bath.
Shimano not listed so either payment in advance or grey market sourcing.
One that raised a wry smile...£32k bonus accrual for trevor parker - ha!
I'm down as a creditor, at least that explains why I got a letter from the administrators, it's pennies though not worth the stamp cost. If I had a hundred pound order unfulfilled I'd want to know but this seems a little pointless. I did laugh at 'Please Select' being a creditor clearly their data isn't that clean!
We've been a regular customer of PX and I'm listed on that document as being owed £400 ? The thing is, we aren't owed anything as far as I'm aware, all our orders have been fulfilled and we have nothing on credit with them either, nor any outstanding refunds. Can anyone shed some light on it please ? TIA
When was your most recent order with them, and approx value?
I’m down as a creditor, at least that explains why I got a letter from the administrators
Where are you seeing this exactly? I got one of those letters as well. Had a bike on credit from them a couple of years ago, paid off in full. I ain't there must be thousands of people in that boat?
When was your most recent order with them, and approx value?
30/6 and it's being currently picked.
Before that 09/06/23 2 pairs of bib shorts - returned for full refund, approx £60
Where are you seeing this exactly? I got one of those letters as well. Had a bike on credit from them a couple of years ago, paid off in full. I ain’t there must be thousands of people in that boat?
If you follow the link to the companies house posted by cycle92 you can view all the creditors listed in alphabetical order
I think I'll not bother with that block quote effect again... 😂🙈
Just wondering if it's slightly sloppy bookkeeping; you placed the order and paid for it, but the dispatched stock isn't accounted for on their system, or cleared off a ledger, so shows as owing subsequently after delivery. That could then show up to the administrator as being outstanding to you as a creditor.
Could be something entirely different though.
So I checked and I am on the list for being owed £5.
I ordered some of their excellent tights (not bibs, just thin stretchy tights for those winter rides). Of course being planet x the ones I ordered and received were different. I pointed this out and got an email saying they’d refund £5 off my next order. A couple years later I haven’t ordered so I guess I’m still on their database somewhere being owed this amount.
Just saw the ad for the new PX Aero bike, the E130. It's not quite the bargain basement pricing we're used to but I've gotta say it does look pretty nice ... Clean lines and subtle (for PX) paint scheme ..
It’s not quite the bargain basement pricing we’re used to
You can't have a sale unless you start the price high! How long before it's got a grand off?
Ordered sone sram clamps. Price good. Arrived promptly
Good news I’d say. PX is a useful source at times for sure.
FTFY. Remember this is PX we’re talking about 🤔😂You can’t legally have a sale unless you start the price high!
Zilog6128 yeah but that law’s not administered generally. I chatted to a pal, with whom I spent 4 years working in Consumer Protection oop North, about this.
He stayed on there - told me they just don’t have the resources to enforce against fake “sales”. Look at DFS he said. Right!
New look website has been launched.
I assume it's hacked, almost none of the bikes are showing discount from rrp
Good luck with the full price thing!
Shimano being specced after a few years of SRAM and the occasional Campy, but £5.5K for a Dura Ace Di2 Planet X bike is certainly different. Guess it needs to be full whack ahead of the inevitable sale.
I was all excited by the endurance road drop down but alas no bikes, a nice endurace geometry carbon frame with sram etap is all I want but I want it at a px price
Site looks like it has been written GPchat. I am sure I read an article on here a fe weeks ago about a online magazine that had the same treatment.
For example...
Frame bags are ideal for keeping elements of your Bikepacking equipment that you don't need frequent access to as you travel.
Grammar aside, there aren't any spelling mistakes - so it's an improvement over the old site at least.
Cheap helmets and 2-4-1 clothing have all but disappeared, as have the flash sale items...bugger!
Image zoom no longer makes the image smaller!!! 😱😱😱
Going well, the site is broken this morning - "something went wrong"https://www.planetx.co.uk/
Site looks like it has been written GPchat.
Good spot, it really does.
I'd imagine this new site was in the pipeline before the administration and purchase.
Assuming they've not just stuck a new CSS on the old site?
they've been working on it a while (way before admin happened) as they appeared to be using the https://on-one-bikes.co.uk/ site as a test bed.
IMO the on one site works much better from a colour/graphics point of view. Makes me feel less sick than PX site and easier on the eyes.
Usage detail - once you click through product options on a product page you can't change them - you need to refresh the page. Bit carp.
Also... whats the obsession with websites these days having to click 'show more' to expand the product description. Just show me the whole description up front...
Website is crap on mobile. I searched for something and can barely see what I was looking for. Annoying.
New look website has been launched.
I assume it’s hacked, almost none of the bikes are showing discount from rrp
Just received 15% off everything email - normal service resumed.
Just received 15% off everything email – normal service resumed.
Wierdly I haven't received my usual morning planet x sales email since the new site was launched.
Let’s keep buying and keep PX open eh? They have some pretty good prices.
5.5k for Dura ace equipped bike is half the price of the main players !!
Bargain no ?
£5.5k?
Bargain?
Not even a motor in site.
I’m clearly getting old.
Wierdly I haven’t received my usual morning planet x sales email since the new site was launched.
the 15% off email is from Winlong Garments Ltd and is only if you sign up to the new website, I'm assuming that with all of the reshuffling GDPR means they loose their email list and need to start again.
£5.5k?
Bargain?
Not even a motor in site.
Have you noticed how road bikes are really poor value compared with mountain bikes?
They are similar priced to Orro - you can pick up a DA Di2 Venturi for just over £5k - even Ribbles are only on Ultegra at that price point !
I presume there was some financial reason why they stopped offering Shimano; presumably the new owners have coughed up enough (guarantees ?) for them to be allowed to order it again ?
#speculationEnds
I presume there was some financial reason why they stopped offering Shimano; presumably the new owners have coughed up enough (guarantees ?) for them to be allowed to order it again ?
If we're into speculation...
I reckon to get forks etc for the PX stuff at a good price they needed px's volume too so the new owners are going to ditch the on-one/mtb side altogether.
Purely a guess though.
The road bike range is hilarious, so many brands/models/spec options still but pricing is typically variable. Actually the MTB range is pretty similar.
I like how (at the minute) there's a big old jump from ~1k for an Apex 1 London Road/Kaffenback straight up to ~£2k for a London Road with Rival 1, or a Pro Carbon with Force 22 (which isn't such a terrible deal perhaps) but nothing in between.
Also interesting that they've not been able to lay their hands on anything Shimano flavoured below Ultegra Di2 (and no MTB parts).
If I had ~£3.5-5.5k specifically to spend on a Road bike with Shimano leccy shifting, there's no way on earth I'd be shopping for a Planet X...
I'm strangely disinterested in their MTBs, I used to like perusing for a bargain HT, just can't be arsed with them now...
Am I missing something, or is a Free Ranger with Rival £1999 whereas with Force it's £1799... isn't that the wrong way around?
https://www.planetx.co.uk/products/on-one-free-ranger-sram-rival-1-carbon-gravel-bike
https://www.planetx.co.uk/products/on-one-free-ranger-sram-force-1-carbon-gravel-bike
No you're not missing anything, unfortunately they're missing an xl though
