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Wales
by Joske Vermeule, September 1
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Forums39
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Jun 14th, 2026
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Joined: Aug 2011
Posts: 898
Talk Morgan Regular
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OP
Talk Morgan Regular
Joined: Aug 2011
Posts: 898 |
Has anyone any idea of the real financial backers of the company now as they have held on to their Morgan Dealership.
Last edited by Eddie Cairns; 01/12/19 06:00 PM.
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Joined: Aug 2006
Posts: 1,112 Likes: 17
Has a lot to Say!
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Has a lot to Say!
Joined: Aug 2006
Posts: 1,112 Likes: 17 |
I would of thought it was Russell and family. Where they going to loose the Morgan dealership?
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Joined: Aug 2011
Posts: 898
Talk Morgan Regular
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Talk Morgan Regular
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Bit of a history here.
First there was the RPM companies number SC338528 and also SC393360.
The were both liquidated around 5 years ago.
Then by magic Revolutions appeared from the dust as two companies.
The two companies that recently run Revolutions one the maintenance and garage services side SC456832 and the other the car sales side SC456829 have gone in to liquidation and at a creditors meeting recently as advised on the liquidators website he advised the creditors they had run out of money.
The accounts for 2018 are around 6 months late but that is now the liquidators job to put the accounts to the creditors..
At the same time we have Morgan delivering a Plus 6 demonstrator in September or so.
The new company that is running Revolutions has his 21 year old son as the only director.
PATERSON GROUP SCOTLAND LTD SC637393
Therefore, I assume that someone or some company rather than a 21 year old son of the director who ran out of funds is paying the bills to Morgan for their cars and to the garage staff for their wages.
Last edited by Eddie Cairns; 01/12/19 08:10 PM.
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Joined: Nov 2017
Posts: 1
New to Talk Morgan
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New to Talk Morgan
Joined: Nov 2017
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Hello Eddie,
Not quite sure what has prompted you to try and investigate the background of Revolutions, our Morgan dealership.
Seeing as you have, you have obviously caused concern with some of our customers who have seen your posts.
Suffice to say, Revolutions is open for business as normal and those that fund us will wish to remain anonymous to all, other than ourselves and the directors of The Morgan Motor Company. How any company is structured behind the scenes should have little relevance to the general public.
The future of Morgan in Scotland under Revolutions is particularly well secured and in the interests of our customer confidence we would very much appreciate that this thread be removed.
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Joined: Nov 2011
Posts: 7,342 Likes: 49
Talk Morgan Guru
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Talk Morgan Guru
Joined: Nov 2011
Posts: 7,342 Likes: 49 |
Bit of a history here.
First there was the RPM companies number SC338528 and also SC393360.
The were both liquidated around 5 years ago.
Then by magic Revolutions appeared from the dust as two companies.
The two companies that recently run Revolutions one the maintenance and garage services side SC456832 and the other the car sales side SC456829 have gone in to liquidation and at a creditors meeting recently as advised on the liquidators website he advised the creditors they had run out of money.
The accounts for 2018 are around 6 months late but that is now the liquidators job to put the accounts to the creditors..
At the same time we have Morgan delivering a Plus 6 demonstrator in September or so.
The new company that is running Revolutions has his 21 year old son as the only director.
PATERSON GROUP SCOTLAND LTD SC637393
Therefore, I assume that someone or some company rather than a 21 year old son of the director who ran out of funds is paying the bills to Morgan for their cars and to the garage staff for their wages.
You raise some interesting issues Eddie
A Morgan Identified Fastidious Owner...
2011 4/4 Bespoke, 1981 Delorean, Auburn Boat Tail
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Joined: Dec 2009
Posts: 37,484 Likes: 989
Tricky Dicky Member of the Inner Circle
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Tricky Dicky Member of the Inner Circle
Joined: Dec 2009
Posts: 37,484 Likes: 989 |
An interesting bit of company history there that must have been in the public domain so no harm done.
2009 4/4 Sport Henrietta
1999 Indigo Blue +8
2009 4/4 Sport Green prev
1993 Con Green +8 prev
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Joined: Nov 2011
Posts: 7,342 Likes: 49
Talk Morgan Guru
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Talk Morgan Guru
Joined: Nov 2011
Posts: 7,342 Likes: 49 |
An interesting bit of company history there that must have been in the public domain so no harm done. Quite so. But I think it is reasonable to know who you are dealing with particularly if you intend to leave a deposit on a vehicle or a car for service.....
A Morgan Identified Fastidious Owner...
2011 4/4 Bespoke, 1981 Delorean, Auburn Boat Tail
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Joined: Dec 2009
Posts: 37,484 Likes: 989
Tricky Dicky Member of the Inner Circle
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Tricky Dicky Member of the Inner Circle
Joined: Dec 2009
Posts: 37,484 Likes: 989 |
An interesting bit of company history there that must have been in the public domain so no harm done. Quite so. But I think it is reasonable to know who you are dealing with particularly if you intend to leave a deposit on a vehicle or a car for service..... Yes it would be incredibly naïve to invest in anything without a Companies House search as far as I'm concerned too.
2009 4/4 Sport Henrietta
1999 Indigo Blue +8
2009 4/4 Sport Green prev
1993 Con Green +8 prev
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Joined: Mar 2009
Posts: 11,535 Likes: 321
Smile, it confuses them Member of the Inner Circle
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Smile, it confuses them Member of the Inner Circle
Joined: Mar 2009
Posts: 11,535 Likes: 321 |
It is fair to say that a deal is a two way trade, both parties need to feel they are safe. There is nothing I can see above to say that the hard work by the Revolutions team is being dismissed. It is a difficult market for all car companies right now, resellers included. This stupid Brexit economy has caused most people to become justifiably cautious. Someone needs a real slap for putting us all in this mess.
Everyone loves a Morgan. Even me, unless it's broken again.
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Joined: Apr 2011
Posts: 8,646
Needs to Get Out More!
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Needs to Get Out More!
Joined: Apr 2011
Posts: 8,646 |
Hello Eddie,
Not quite sure what has prompted you to try and investigate the background of Revolutions, our Morgan dealership.
Seeing as you have, you have obviously caused concern with some of our customers who have seen your posts.
Suffice to say, Revolutions is open for business as normal and those that fund us will wish to remain anonymous to all, other than ourselves and the directors of The Morgan Motor Company. How any company is structured behind the scenes should have little relevance to the general public.
The future of Morgan in Scotland under Revolutions is particularly well secured and in the interests of our customer confidence we would very much appreciate that this thread be removed.
Wow. That's quite something, using your first post to ask for a thread to be taken down. Which of the Forum rules you think Eddie has broken ? I agree with OZ, I don't think Eddie is asking anything unreasonable.
Giles. Mogless in Paris.
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