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04 October 2005, 07:41
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#1
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Member
Country: UK - England
Town: Newport IoW
Boat name: Amean/Pronto/Rumbo
Make: Solent Rib Princess
Length: 7m +
Engine: 200hp Etec 260x 2
MMSI: lots of them
Join Date: Sep 2003
Posts: 1,861
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Boat and Jet ski World
Received a letter this morning from Southern Independent Auctions www.sia-group.co.uk seems Boat and Jetski world have gone into liquidation, thankfully no Ribs there just jet ski's . Its a shame that a company has gone bust but the market is slowing down for tuition and charters , sales and other products so it will be a lean winter for some schools out there . Has anyone else noticed this down turn in the market . I spoke to another guy who runs a school out of Hayling and he thinks there are too many schools all trying to get a slice of the pie. The trouble is only the good schools or those with a good cash flow are going to survive same goes for charter boats , there are alot of these now as well. Just some thoughts ?
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Tim Griffin
RYA Freelance YMI power Powerboat and PWC instructor trainer vhf first aid sea survival Diesel engine radar and navigation instructor
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04 October 2005, 07:47
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#2
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Member
Country: Other
Length: 6m +
Engine: 200
Join Date: Apr 2004
Posts: 344
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Loads of schools/small businesses in the Solent Tim must be tough going.
Paul
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Joint Ribtickler 2005
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04 October 2005, 07:59
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#3
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Member
Country: UK - England
Town: Gosport
Boat name: April Lass
Make: Moody 31
Length: 9m +
Join Date: Aug 2001
Posts: 4,951
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Tim, been talking about this with Stu for a couple of months and think your right, slow down in the market. Gradual increase in interest rates (albeit with one recent reduction) housing market at best stagnant and the country been living the high life on credit cards for too long. Lots of big ribs for sale on Boats and Outboards at the moment, I do wonder if they are going to sell. The average family could probably raise £10k to buy a boat, but £20k - 25k for a second hand one, well thats completely different and serious cash so only a much smaller limited number of buyers.
Agree too many training schools and charter boats at the moment, some will disappear and hopefully leave a market which those remaining can make a reasonably living. Think its a case of chasing the clients this winter and lots of diversifying. Afterall think of how many fishing charter boat skippers work in the building trade when the weather is bad.
Pete
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Ribnet is best viewed on a computer of some sort
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04 October 2005, 08:07
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#4
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Member
Country: UK - England
Town: Newport IoW
Boat name: Amean/Pronto/Rumbo
Make: Solent Rib Princess
Length: 7m +
Engine: 200hp Etec 260x 2
MMSI: lots of them
Join Date: Sep 2003
Posts: 1,861
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Hi Pete
I spoke to the dispatch office at RYA and certificates are down slightly but new schools opening every month so will keep figures up. I think you are right a few will disappear others will merge . Some businesses fall into the trap of expanding too soon and not doing there market research to see if the clients are out there.
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Tim Griffin
RYA Freelance YMI power Powerboat and PWC instructor trainer vhf first aid sea survival Diesel engine radar and navigation instructor
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04 October 2005, 09:23
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#5
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Member
Country: UK - England
Town: Bucks
Boat name: Blue & Ding Dong
Make: Ribeye,SR4 & Bombard
Length: 6m +
Engine: 115,50 & 15Hp Yams
Join Date: Feb 2004
Posts: 3,252
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Your not alone, selling furniture is no better! Nearly every week some one is going under in this trade! Courts, Furniture Land & Allders all gone recently!
It's bloody tough out there & it is not going to get better for some time me thinks!
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04 October 2005, 13:09
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#6
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Member
Country: UK - Wales
Town: Pwllheli-North Wales
Boat name: V-ONE
Make: Highfield
Length: 8m +
Engine: Honda 250hp
Join Date: Mar 2001
Posts: 2,367
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Hi Tim
We had a quiet Aug in Southampton compared to Pwllheli. Things are now hotting up again in Southampton for October half term onwards. You can'y tell with cert sales as some schools order the in bulk.
Give me a shout if you need any work.
Regards
Jono
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04 October 2005, 14:12
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#7
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Member
Country: UK - England
Town: Chelmsford/Anglesey
Make: Avon SR/RibLite 3.1m
Length: 4m +
Engine: Honda 30hp/Yam 8hp
Join Date: Jul 2003
Posts: 970
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Quote:
Originally Posted by Nick Hearne
Your not alone, selling furniture is no better!......It's bloody tough out there & it is not going to get better for some time me thinks!
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Which reminds me, Nick, how is the brand new £40K Land Rover Discovery HSETDVOGUEDEFENDERSPORTV6?
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04 October 2005, 14:22
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#8
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Member
Country: UK - England
Town: Bucks
Boat name: Blue & Ding Dong
Make: Ribeye,SR4 & Bombard
Length: 6m +
Engine: 115,50 & 15Hp Yams
Join Date: Feb 2004
Posts: 3,252
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Quote:
Originally Posted by Phil Davies
Which reminds me, Nick, how is the brand new £40K Land Rover Discovery HSETDVOGUEDEFENDERSPORTV6? ![wink](https://www.rib.net/forum/images/smilies/wink.gif)
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Excellent I love it & it ain't gone wrong yet
If times where good I may have gone for the Range Rover!
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04 October 2005, 16:24
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#9
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exspyrd trayd membir
Country: Ireland
Town: inn wiliks hed
Make: Redbay 6.5
Length: 6m +
Engine: Twin Etec 90hp
Join Date: Aug 2003
Posts: 962
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Quote:
Originally Posted by Nick Hearne
If times where good
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bollix. yoov sowld ten millyon dojjy.....................fukit wots de naim ov dat cippbord firnitewer
gArf
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luk arfter numbir wan, downt stepp inn numbir too
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04 October 2005, 16:26
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#10
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exspyrd trayd membir
Country: Ireland
Town: inn wiliks hed
Make: Redbay 6.5
Length: 6m +
Engine: Twin Etec 90hp
Join Date: Aug 2003
Posts: 962
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Quote:
Originally Posted by Nick Hearne
If times where good I may have gone for the Range Rover!
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yew nead too sel sum morr ov dat dojjy FMI flattpakk junnk dats inn yorr fkin lokkup
gArf
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luk arfter numbir wan, downt stepp inn numbir too
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04 October 2005, 16:30
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#11
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Member
Country: UK - England
Town: Bucks
Boat name: Blue & Ding Dong
Make: Ribeye,SR4 & Bombard
Length: 6m +
Engine: 115,50 & 15Hp Yams
Join Date: Feb 2004
Posts: 3,252
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Quote:
Originally Posted by The Garfish
bollix. yoov sowld ten millyon dojjy
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Dodgy yes, but 10 million no!
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