Gone bust? It’s “Business as usual” at Beedspeed | NEWS
The Grimsby based shop opened in 1983 and gained an enviable reputation for its quick and very reliable mail order service. Originally set up and owned by Alan Beedham, the shop flourished for over 30 years and moved to larger premises in the early 2000s. Alan and wife Sylvia sold the business as a going concern in February 2016 and retired.
We’ve spoken to General Manager, Dan at the shop and he told us “It’s business as usual here”. He went on to say the shop has been “Undergoing some internal restructuring” but didn’t want to elaborate too much, or discuss the finer details of the insolvency. Our thoughts are that being absolutely clear and transparent is the best way to move forward once a situation like this develops. If the business is to carry on it needs to regain customer trust. When pressed as to whether the company owed money to suppliers when it was liquidated he assured us that no suppliers were out of pocket, all customer orders (and refunds) have been completed and although Beedspeed Ltd may be no more the shop is looking forward to the future.
Dan assured us that they have invested heavily in a new warehousing system, and eCommerce website since they took the business over in 2016. He admitted that like any parts based business there are going to be issues occasionally, with orders being sent out incorrectly but he told us they currently work on a 94% stocking system so most parts are available off the shelf. He also explained that it’s not always the shop’s fault if something is out of stock, some of their suppliers don’t keep stock of everything and it can lead to delays along the supply chain. He was keen to reassure people that they plan to “Get the business back to what it once was.” He also pointed out that their three day long Black Friday sale event saw the most traffic to the Beedspeed website and created 500 new customers.
- Early 1980s Alan Beedham sells scooter parts on his stall at rallies
- 1983 Alan opens Beedspeed shop in Sixhills Street Grimsby
- Gains loyal customer base through reliable and fast mail order system
- 2001 Beedpeed moves to Corporation Road Grimsby (current location)
- 2016 company is sold as a going concern Alan & Sylvia Beedham retire
- March 2016 the shop is under new ownership
- December 6th 2018 news of insolvency breaks
- Beedspeed insist they’re open as usual
New products always in development…