so ..... basically they're bust - - - continued

Thomas7740

Thomas7740

Well-known member
the P and O parent company has Russian ties so possibly something to do with it
31EC462C-E648-4E9C-9682-1EED81E8DA8C.jpeg
EAA2F8A2-CEAF-43E4-BDDA-8C35FD387653.jpeg
 
V8Druid

V8Druid

do it as well as you can,but learn to do it better
aye ... white'll take a serious slice out of operational profits ... it's a pity about Quinto though .. always had nicely turned out kit and loved their corporate livery .. real smart
 
Bri963

Bri963

Well-known member
aye ... white'll take a serious slice out of operational profits ... it's a pity about Quinto though .. always had nicely turned out kit and loved their corporate livery .. real smart
They have (had) a depot about two hundred yards from our yard. Twelve years ago they (and the other two members of the local crane cartel) quoted £750 to lift a 6 tonne weight off a machine for me. SwiftLift from Leicester (45 miles) came and did it for £270. Had them out several times and they never changed the price. Now I use a company from Newark, they‘ll put an eighty tonner out for a whole day for just over a grand, post-white diesel. Spreader beams extra. Still wonder why Quinto had a yard full of parked cranes when everyone else is busy?
 
L

Lynchy

Well-known member
They have (had) a depot about two hundred yards from our yard. Twelve years ago they (and the other two members of the local crane cartel) quoted £750 to lift a 6 tonne weight off a machine for me. SwiftLift from Leicester (45 miles) came and did it for £270. Had them out several times and they never changed the price. Now I use a company from Newark, they‘ll put an eighty tonner out for a whole day for just over a grand, post-white diesel. Spreader beams extra. Still wonder why Quinto had a yard full of parked cranes when everyone else is busy?
Because of firms doing 90 mile roundtrip n job for £270?
 
V8Druid

V8Druid

do it as well as you can,but learn to do it better
They have (had) a depot about two hundred yards from our yard. Twelve years ago they (and the other two members of the local crane cartel) quoted £750 to lift a 6 tonne weight off a machine for me. SwiftLift from Leicester (45 miles) came and did it for £270. Had them out several times and they never changed the price. Now I use a company from Newark, they‘ll put an eighty tonner out for a whole day for just over a grand, post-white diesel. Spreader beams extra. Still wonder why Quinto had a yard full of parked cranes when everyone else is busy?
:oops: cost me that for an 80, fifteen plus years ago :oops: ... 's a gift ...... £750 was taking the piss
 
Bri963

Bri963

Well-known member
Because of firms doing 90 mile roundtrip n job for £270?
If you think £750 to drive one minute up the road, less than twenty minutes to set up, lift, de-rig and drive a minute back is reasonable, twelve years ago on red, you go for it. They could have had a lot of work from us if they’d sharpened their pencil a bit.
 
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JD450A

JD450A

Feral as Fk 🐾
Trouble with all Industries is the appearance of money and buy outs from people with f**k all knowledge and tons of coin.

They enter in, spend there coin because they are on a "winner" when the coin runs out it either gets sold to another group of "Investors" and the cycle continues or the music stops.

If and when the Music stops for some of the big players we will wonder why.

From what I understand Kier has it's fingers in the pies of many many large contractors..... when that party stops i'll be hilarious.
 
V8Druid

V8Druid

do it as well as you can,but learn to do it better
If you think £750 to drive one minute up the road, less than twenty minutes to set up, lift, de-rig and drive a minute back is reasonable, twelve years ago on red, you go for it. They could have had a lot of work from us if they’d sharpened their pencil a bit.
no I don't Bri ... the other outfit, was a ridiculous price for a 90 mile round trip, but for a 200 yarder it'd've been closer to the mark ... £750 was absolutely taking the piss :mad:
 
V8Druid

V8Druid

do it as well as you can,but learn to do it better
.........when the Music stops for some of the big players .....

From what I understand Kier has it's fingers in the pies of many many large contractors..... when that party stops i'll be hilarious.
and that is the only reason it continues to lurch along ...... on paper they were insolvent years ago ... propped up because the consequences are dire :mad::mad:
 
S

Smiffy

Well-known member
Trouble with all Industries is the appearance of money and buy outs from people with f**k all knowledge and tons of coin.

They enter in, spend there coin because they are on a "winner" when the coin runs out it either gets sold to another group of "Investors" and the cycle continues or the music stops.

If and when the Music stops for some of the big players we will wonder why.

From what I understand Kier has it's fingers in the pies of many many large contractors..... when that party stops i'll be hilarious.


They also had an initiative to help people start up on there own. In return for shares in the business. A local lad did this. And all his work was subbing into kier on the local highways contract. Kiers have now lost the contract so God knows what will happen to him
 
Bri963

Bri963

Well-known member
no I don't Bri ... the other outfit, was a ridiculous price for a 90 mile round trip, but for a 200 yarder it'd've been closer to the mark ... £750 was absolutely taking the piss :mad:
I did wonder if the price was a sprat to catch a mackeral, but I had them out four or five times and they never tried to up the price on me. This was a thirty tonner, not an eighty.
 
V8Druid

V8Druid

do it as well as you can,but learn to do it better
I did wonder if the price was a sprat to catch a mackeral, but I had them out four or five times and they never tried to up the price on me. This was a thirty tonner, not an eighty.
still a silly price for the distance ... my 30 T,s went out at £30/hr x 8 min ... ten hours if any distance... in 2005 :rolleyes:
 
T

topkit

Well-known member
In today's media. Sums it all up really.

Creditors for failed outsourcer Carillion are set to miss out on millions after a trade body for accountants said that it will bank the proceeds of a record fine imposed on KPMG.

The £14.4million fine is set to be kept by the Institute of Chartered Accountants in England and Wales, sparking criticism from senior politicians.

Former pensions minister Baroness Ros Altmann said it was ‘outrageous’, while Lord Lee of Trafford, a fellow of the institute, questioned the move.
The institute paid for the regulator’s investigation into KPMG, which was found to have deliberately misled regulators over its work for Carillion.

Baroness Altmann described it as ‘shocking’ and said ‘money should go to the creditors and not the accountancy body’.

She said: ‘Something has gone wrong here.’ Lee said: ‘Are they entitled to retain all of the fines when it’s not them who has lost out through failures?’

The institute said: ‘We expect our members to act with honesty and integrity, but this unacceptable behaviour damages trust in the profession.’
 

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