Discussion:
Barloworld

Has anybody heard anything about Barloworld being in trouble in the UK?
  • Posted 5 Dec 2008 04:10
  • Discussion started by danny_k
  • Buckinghamshire, United Kingdom
Showing items 31 - 45 of 48 results.
you,ll have S.W-B pulling on his braces ,slagging his pda,s.
  • Posted 21 Jan 2009 03:59
  • Reply by kevin_k
  • dumfriesshire, United Kingdom
check out edward t's modern parable in 'fun at work' it'll make you think.
  • Posted 20 Jan 2009 12:16
  • Reply by tugmaster
  • United Kingdom
yep the problems with the pda are well known by everybody who use them.the problem is the people who dont have to use them are running the company and think that we are lying about the problems!do four jobs a day and you can quite easily loose an hour and a half just filling the **** thing in!...if it works right!most of the time 'real time working' just isnt practical,mass signitures has never worked,sync times are a nightmare,page change times are a joke...i'm running out of breath...customers hate them ect ect
  • Posted 20 Jan 2009 11:47
  • Reply by tugmaster
  • United Kingdom
Useless gadgets, well said, main 1 being my PDA (good for parts ordering). Half my managers think I can reprogram truck logics with it.
  • Posted 20 Jan 2009 06:54
  • Reply by brian_j
  • Cheshire, United Kingdom
i agree with danny.historical bad buisness practices has left barloworld in a very weak position.high rvs on equipment,poor sales performance,throwing money away on usless gadgets and gizzmoes,treating the customer as an inconvenience.needles multi levels of managment and focus groups.
  • Posted 18 Jan 2009 01:35
  • Reply by tugmaster
  • United Kingdom
Barloworld on this side of the pond laid of 65 more people on Friday. Everything from techs, sales and office personel, through the 30 something branches they have left.
I dont see how a company with such a big turnover can have such a big loss, but this seems the norm with all of the so called big players, but as you say this cant go on forever in the current climate, this all stems from bad management and constanly doing silly deals combined with big RV's on hire deals!! You can see the writing is on the wall when a company have their own auction site to sell trucks!!, is it barlow-bay!! I can see it being BarloworldRIP!!
  • Posted 16 Jan 2009 03:43
  • Reply by danny_k
  • Buckinghamshire, United Kingdom
Barloworld dont look in too good of a position, here is an extract from their financial reports. No company can sustain making that type of loss for too long.

Barloworld Handling, reporting on its UK results in 2007, said that the year showed continued focus on the key business segments following the restructure that had taken place in the prior year. Yet its pre-tax loss on ordinary activities was GBP6.4 million (USD9.61million), (2006 loss was GBP4.5 million or USD6.76 million), although some GBP4.1 million (USD6.1 million) of that was increased funding for its deficit on the defined benefit pension scheme, where the net pension liability stood at GBP42.3 million (usd63.5 million). This brings the accumulated, pre-tax losses for 2004-2007 to around GBP15.7 million (USD23.5 million). No dividends were paid for 2006 and 2007. Turnover rose from GBP123 million (USD184 million) in 2006 to GBP133.8 million (USD201 million) last year while negative working capital climbed GBP1.5 million (USD2.25 million) to GBP13 million (USD19.5 million) and bank overdrafts soared from GBP15.8 million (USD 23.7million) to GBP22.7 million (USD34.1 million). Stocks also rose worryingly by around 50% to GBP13.2million (USD19.8 million).
  • Posted 16 Jan 2009 03:32
  • Reply by paul_e
  • antrim, United Kingdom
Barlows are not in administration they are in production 100% only administration they are in is paying the wages each month
also they are on the case of getting the contracts off briggs and linde and doing the job right (ps 1st time fix)xxxxxxxxxxxxxxxx
  • Posted 8 Jan 2009 08:34
  • Reply by LexHarveyRip
  • West Midlands, United Kingdom
hyster-boy
Yep, administration is the same as bankrupt.............I agree somone is 'aving a laugh!
  • Posted 8 Jan 2009 06:10
  • Reply by DaveUK
  • BERKSHIRE, United Kingdom
Who bravely dares must sometimes risk a fall.
someone is having a laugh
  • Posted 8 Jan 2009 04:18
  • Reply by kevin_k
  • dumfriesshire, United Kingdom
Is "Adminitration" a U.K. term for bankruptcy? I will try to find out some info on the U.S. side.
I have just recieved a call with very suspect 3rd hand information from a Barloworld competitor that Barloworld here in the UK have just gone into administration. Can any body confirm or deny?
  • Posted 8 Jan 2009 00:01
  • Reply by SMB1
  • Worcestershire, United Kingdom
just to let you know barlows are doing ok please do not forget the current climate we are in my money is on briggs going down
soon.
  • Posted 17 Dec 2008 08:47
  • Reply by LexHarveyRip
  • West Midlands, United Kingdom
Not specifically, but many of the big UK forklift operators are retrenching. Only last month Britain's biggest forklift producer, Linde, made over 10% of its Basingstoke workforce redundant, and Briggs Equipment, the UK's exclusive Caterpillar dealer, is set to make a significant number of employees redundant by Christmas. I will give you the latest financial guff on Barloworld Handling from which you can make your own conclusions.
  • Posted 5 Dec 2008 10:24
  • Reply by bill_reimundus
  • Essex, United Kingdom

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