Planetx cycles
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UK-based fans of affordable bikes and cycling gear can rejoice this evening, as Planet X says its future has been "secured" following its sale to a West Yorkshire retailer backed by private equity. A first Gazette Notice listed on Companies' House followed by an open High Court case that stated Planet X CEO Richard Mostyn-Jones had filed a notice of intention to appoint an administrator led to fears that the business wouldn't survive; however, since then, compulsory strike-off action was discontinued and Planet X has been sold to Winlong Garments Limited according to its statement, with all 33 jobs at Planet X secured. The impact of this on cash flow, coupled with supply chain issues, prompted the directors to explore sale, refinance and investment options. Howard Smith and Rick Harrison from Interpath Advisory were appointed joint administrators to the Company prior to the transaction completing. Baaj Capital is a very entreprenurial organistion with vision and values aligned with our own. We look forward to further building on our heritage and expertise and continuing to supply the cycling community both here in the UK and across the globe.
Planetx cycles
Planet X is a bicycle company based in Rotherham , in the north of England. It was founded in by Dave Loughran [1] and, in , became an employee-owned trust. Planet X operates a number of brands including On-One components and Titus bikes. Planet X works with Taiwanese, Chinese and Italian [3] companies to manufacture its road, cyclocross, track and time-trial frames. These were present in Trialskings team videos, ridden by Danny Holroyd and other members. This article related to a bicycle manufacturing company is a stub. You can help Wikipedia by expanding it. Contents move to sidebar hide. Article Talk. Read Edit View history. Tools Tools.
My Planet X titanium is a rebadged Van Nicholas so it's a decent frame. Download as PDF Printable version. We wish management and the new owners all the very best for the future, planetx cycles.
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PLANET X is currently the second biggest bike assembler in the UK and all our bikes are designed by us, manufactured by carefully selected factories and assembled right here in Sheffield. Pinarello Dogma F Cannondale SystemSix Hi-Mod. Depending on the frame material, how well it is maintained, and how hard it is used, bike frames last anywhere from 6 to 40 years. Carbon and titanium bike frames will last the longest with proper care, with some even outlasting their riders. British Bikes Brands Brompton — The original folding bike. Bowman — Premium aluminium race bikes. Dassi — Custom fit carbon bikes from Hampshire.
Planetx cycles
Our exclusive range of road bikes features everything from lightweight and carbon road bikes perfect for racing, endurance road bikes for those long rides, and even entry-level road bikes for newcomers eager to dive into road cycling. Whether you're an aspiring racer, a weekend warrior, or an urban commuter, our vast collection promises something for everyone. Delve into the world of cycling with confidence, knowing there's a road bike here for every kind of cyclist. At Planet X, your new road bike has been designed, assembled, and packaged by riders, for riders, just like you. But we also know that sometimes, something can be not quite as expected. Or maybe your circumstances have just changed. Our road bikes are hand-built to order which means you can customise almost every component from all your favourite brands including Shimano, SRAM and more.
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The jobs of all 33 employees at the Rotherham-based retailer have been secured following its sale according to Planet X. Page may contain affiliate links. The revenue from adverts helps to fund our site. Founded in Sheffield and now based in Rotherham, Planet X designs and builds its own bikes under house brand names such as Holdsworth, Titus and On-One, and also sells bike clothing, accessories and components. Generic frames like a lot of bike companies. Customer service can be a bit hit and miss, but I had no issues when sorting out a large order that was on hold as some stock wasn't available - a quick 'chat' and they released all the stuff in stock needed it for a bike build and the rest came a couple of weeks later. Whyte replaced the frame of my a couple years back. Nothing in a pre-pack deal that changes how the company works and selling to VC just means a management organisation looking to extract money from an organisation rather than one interested in cycling. This article related to a bicycle manufacturing company is a stub. It may not display this or other websites correctly. It isn't an Italian famous name, but they will perform just as well as a far more expensive bike. What's new New posts New media New media comments Latest activity.
In a wind tunnel the Planet X ECE might not be the most aero aero bike in the world, but it's all the better for it. It's great fun to ride and blisteringly fast, but with the brakes in their normal places and no fussy cable routing, it's great to live with too.
They also have stripped back customer services these days and fewer shops. Whyte replaced the frame of my a couple years back. Page may contain affiliate links. But awful jokes in their spam email Members Current visitors. Click to expand Near Miss of the Day Cyclist squeezes on brakes to avoid overtaking driver — who still ends up hitting cyclist's safety flag. British bicycle manufacturers. They are nothing fancy, but they use tried and trusted designs. I hear you. So: a company having financial "issues" gets bought out by private equity investors who want a high - and quick - return on their investment Wikimedia Commons has media related to Planet X Limited. Sheffield , United Kingdom, I'd love a 'Space Chicken' or 'Free Ranger'. Their helmets are very good value.
In it something is. Clearly, I thank for the help in this question.