Hein gericke
 

Apparently they're in administration, saw on another forum. Worth investigating if you're thinking of shopping online with them.

Re: Hein gericke
 

Just been on google nothing there ?.

Re: Hein gericke
 

I heard that as well, but they have a few jobs open to apply for?

Re: Hein gericke
 

Aren't hg stores run like a franchise?

Re: Hein gericke
 

Mid Ulster bike forum says rumours are untrue. Bet this effects sales and jobs, terrible if its not true!.

Re: Hein gericke
 

MCN would have made a big fuss if they had gone into admin.

Re: Hein gericke
 

They do have a 30% sale on that they keep extending, so may be struggling.

Re: Hein gericke
 

HG's stores are franchises of the HG brand.

Maybe one specific branch

The 30% is only on own brand though which is where all there margin will be so no real loss to them I wouldn't have thought. It's no like they're loss leading with it or anything.

Re: Hein gericke
 

The thre forum I use, someone spoke to a manager regarding delivery problems of ordered stuff, and he admitted they were going into administration on the 13th- I know of a few people who have had money taken from accounts and no goods, just a heads up, in case this is true.

Re: Hein gericke
 

yeah MCN being the fount of all knowledge;)

Re: Hein gericke
 

The funny thing is - rumours like this can cripple a business.

Lack of consumer confidence is something we're all hearing a lot of recently as an impediment to economic recovery and if this is not true, it may well cause administration due to people taking business elsewhere.

Re: Hein gericke
 

Yup. All this talk of GAME having troubles made me tear the house apart for the gift card I got at Xmas, so I can go and spend it on anything before they go bust and the credit is worthless.

I suppose it depends on what you're buying. Someone who just needed gloves or a lid or something would still go to an HG shop up until the day they closed, ordering stuff would be different.

Re: Hein gericke
 

No I wouldn't I like somewhere to take goods back to if they fail. These rumours can be very harmful, if untrue.

Re: Hein gericke
 

That too! :smt105

Re: Hein gericke
 

So shut up then and stop bumping the thread! derp

Re: Hein gericke
 

and thats all they are

Re: Hein gericke
 

If this is true, then I take it is as a reult of online competition, and the people that try in a shop and then buy online, well you know what, soon you will run out of places to do that, what you going to do then?

Re: Hein gericke
 

+1

Re: Hein gericke
 

Where's Amanda when you need her?

Re: Hein gericke
 

Been a bit quiet lately :(

Re: Hein gericke
 

I heard Hein Gericke is taking over George White and rebranding as Woolworth's ...

The statement above has as much value as this thread at the minute. As someone above pointed out, these are their current vacancies - Current Job Vacancies: Darlington, Doncaster, Hanger Lane, Leicester, London, Newry, Purley, Southampton & Welling

In November their statement of capital was £1.8 million. So unless they've been havin a right Charlie everyday they should be alright.

I hope the position in Welling is for a new store manager :) ... that would bring back some customers back.




Best,
Andy

Sent from my iPad using Tapatalk

Re: Hein gericke
 

Oh for goodness sakes- you're damned if you do, damned if you don't. Was trying to give anyone a heads up,in case they spent money online and then lost it, hein gericke I'm so sorry if I've single handedly brought you to your knees!

I'd rather undermine consumer confidence than have someone lose a grand of their hard earned, if the rumours are true do you think the administrators will feel sorry for the public!?

The other forum I'm on, someone had had £300 odds taken from their account, online, then contacted a week later to say no goods in stock and they won't be getting anymore in. She investigated, and according to distance selling regs or something they cannot debit your account till goods at or nearly dispatched, she spent two days on the phone trying to sort this and hasn't had her refund yet. Smacks of bad practice to me, and since I wanted to give people a heads up I decided to share.

Love hein gericke myself most of my gear is from them, and will be sad if they close, but their behaviour has been weird recently.

Re: Hein gericke
 

In that case... Have you heard HP, Acer, Asus, Toshiba, Packard Bell, Fujitsu, Sony and Lenovo are all going into bankruptcy? :D

Re: Hein gericke
 

and mesh is buying dell ;)

Re: Hein gericke
 

I liked her last album, potty mouth though!

Pete ;)

Re: Hein gericke
 

If anyone's spending significant money online and not using a credit card, they're asking for trouble. And if they are using a credit card, they're not going to lose their money.

So the right thing to say, if anything, would be "if you're going to order online from HG, use a credit card, not a debit card". You still get to spread the rumour, but you get to throw a bit of consumer advice in there to take the edge off it. Everyone's a winner!

Re: Hein gericke
 

Well its not true, HG is not in administration so its nothing to worry about...

Re: Hein gericke
 

I don't want to "spread a rumour" or "be a winner"- just passing on information I had been party to. I'd hope people would use a credit card but I know not everyone has one, especially in this climate. Shame if they lost out, I think.

Re: Hein gericke
 

I work for the Insolvency Service (government department dealing with insolvencies) and I will check our system tomorrow but from the information I can check at weekends Hein Gericke (UK) Ltd is not in any type of insolvency (Administration, Compulsory/Voluntary Liquidation).

They could of course be filing for it shortly but that would not happen on a weekend and the website would have to reflect that. In addition the notice of Administration will have to be filed at Companies House, which it isnt.

Re: Hein gericke
 

I think the rules state that this is only true if your spending between £100 and £30,000 on a single item. Any single item under £100 or over £30,000 isn't protected by S.75 of the Consumer Credit Act.

Just thought I would clarify that as some items will be being purchased that are under £100 and thus the protection doesn't apply.

Re: Hein gericke
 

That's really useful I didn't know that, thank you!

Re: Hein gericke
 

Sure, but the post was in reply to one talking about spending three hundred quid or more. If I was down less than a hundred notes on bits for a motorcycle that never turned up, I'd try not to let it ruin my day too much.

Re: Hein gericke
 

No of course but if you order 5 things that total say £450 but each individual item costs £90 then your credit provider may state that no individual item is over £100 and thus your not covered. I think we all know what these large corporations are like when it comes to putting their hands in their pockets.

Don't take this as gospel though, I am just stating what the legislation says and that it is worded as "a single item". Legislation can be interpreted differently by many people and so it depends on how the credit provider interprets the wording of the legislation.

TBH, its all a mute point at the moment as Hein Gericke (UK) Ltd is not in any form of insolvency procedure, although they could be tomorrow or the next day. I'll have a look on our system and update here tomorrow.

Re: Hein gericke
 

But administrations don't show on iscis? I didn't think CVAs/CVLs did either unless they were passed to IES but I may be wrong..

Re: Hein gericke
 

Yes they do show on iscis. the ips have to submit dreturns and so will have an NCL prefix. In any event the notice will be filed on CH. I think they are on iscis for the financial side as well.

Re: Hein gericke
 

Insolvency service is no longer dealing with IP estate accounting? Wasn't this released as part of the cuts? I don't know and to be honest don't care as it's never something we deal with, regardless, going into adminstration, and being in administration are two completely separate things and I'm not convinced HG are either.

Definately grateful for the post though as in future it could be the case that someone gets stung and wishes someone had said something before the event.

Re: Hein gericke
 

You may be right about the financial side. im not 100% sure. i remember the delays in fixing the iscis errors were due to the estate accounts side (was a floorwalker for my office but am no more thank god!) so again i don't know!

I think your right about hein gericke. doesn't look like either applies to them. time will tell i guess. will be a shame if the do go but i suspect whatever happens the brand will stay on as it will get sold on as is the case with most admins.

Re: Hein gericke
 

Pre-pack as always.