Plastimo gone pop?

photodog said:
Jeez! Whose gonna supply all our stuff?
Click to expand...

The companies who charge an appropriate price for things and hence are not going bankrupt. On the bright side, quality is also better at the more realistic price points. Unfortunately that may make boating more expensive.
 
Twister_Ken said:
That'll leave a big hole in the 'bitznpieces' market. Hopefully someone will step in and buy the assets.
Click to expand...

I'm not sure how big of an effect this willl have.
Plastimo used to be a one stop shop where Chandleries ordered their gear from. Now Chandleries are dealing more direct especially as some suppliers have cut out distributors in favour of direct sell in a bid to save margins.

The question is "How much of Plastimo's losses are attributable to a downturn v losses due to a loss in market share?"
The former is a reflection on the whole industry where the later is someone elses gain.
 
I haven't any of their stuff for some time. Partly because their stockholdings were very poor, many things not in stock and not available for months, you tend to look elsewhere. My local chandler used to go slighly loopy tryng to get spare parts for me from them.

Perhaps they got too big and failed to scale their operating systems to match their size.
 
maxi77 said:
many things not in stock and not available for months,
Click to expand...
That's what I've found using our local chandlery. If the peg is empty, don't expect it to be filled anytime soon.
They also had silly minimum order quantities, but then didn't supply.
Chandlery not keen to deal with them.
 
Is there anything to put in a lifeboat, the brands are not top notch and there is probably not that much in the warehouse. Most chandlers have alternative sources of supply for most things other than spares. Other than those who may need spares, the rest of us will not notice their demise.
 
Sounds to me like standard economics.

Low or no stock available - usually a sign of cashflow

People like us not wanting to pay premium "marine" prices and looking for cheaper alternatives - not good for their margins

Ebay, online and the market ever more competitive – lots of chandleries competing so pressure on their margins, is going to get passed on to the manufacturer one way or another.

On a positive note, I wonder if there is going to be any bankrupt stock, sold off at lower prices ....
 
jwilson said:
Explains why I was having such trouble getting a replacement Plastimo folding-handle bilge pump - only reason for buying the same not brillliant product is that it is a direct fit and very neat.
Click to expand...

And that of course is the problem. Plastimo bits and pieces are fitted to a lot of production boats. If one needs replaced and Plastimo is gone...
 
I suspect many Plastimo parts will appear pretty fast in alternative brands, the manufacturers will still want to sell, have all the tooling just need another customer. As far as I am aware most of their stuff was contract manufactured, so the manufacurers are still there.
 
Habebty said:
How would the possible demise of Plastimo affect other names like Goiot who are a subsidiaryof Plastimo?
Click to expand...


Depends who is really in trouble. Technically as I understand it from their website Navimo is the holding company and Plastimo and the other group companies are subsidiaries.
 
maxi77 said:
Depends who is really in trouble. Technically as I understand it from their website Navimo is the holding company and Plastimo and the other group companies are subsidiaries.
Click to expand...


I believe 'XM' is the British arm of Plastimo, which, I assume, goes down the pan too.

Hopefully, Barton Blocks will find a new distributor.
 
You must log in or register to reply here.

Share this page

Top