Stanton Bikes Set To Return, With Dan at the Helm?

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In a Facebook post to the Stanton Owners’ Group, Dan Stanton seems to indicate that he’s set to reclaim control of the company, and Stanton Bikes will be operating once more.

Anyone who has placed an order may be relieved to see Dan say that refunds will be issued to anyone that has not been sent their bike. And anyone who was dreaming of buying a Stanton may be pleased to see that he has made an offer to the administrators that has been accepted and he hopes to be back in control of the company within the next 10 days.

We’ve reached out to Dan to see if he can give us the full story of what’s happening. Watch this space.

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Hannah came to Singletrack having decided there must be more to life than meetings. Having worked in policy and project management roles at the Scottish Parliament and in local government, Hannah had organisational skills that SIngletrack needed. She also likes bikes, and likes to write. Hannah likes all bikes, but especially unusual ones. If it’s a bit odd, or a bit niche, or made of metal, she’s probably going to get excited. If it gets her down some steep stuff, all the better. She’ll give most things a go once, she tries not to say no to anything on a bike, unless she really thinks it’s going to hurt. She’s pretty good with steri-strips. More than bikes, Hannah likes what bikes do. She thinks that they link people and places; that cycling creates a connection between us and our environment; bikes create communities; deliver freedom; bring joy; and improve fitness. They're environmentally friendly and create friendly environments. Hannah tries to write about all these things in the hope that others might discover the joy of bikes too.

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Viewing 29 posts - 1 through 29 (of 29 total)
  • Stanton Bikes Set To Return, With Dan at the Helm?
  • pmurden
    Full Member

    Awesome news.

    hatter
    Full Member

    Fingers crossed, will be great to see them pull through.

    v7fmp
    Full Member

    whoop whoop!

    StirlingCrispin
    Full Member

    Awesome news.

    Love my Sherpa 🙂

    droplinked
    Full Member

    Dan at the Helm?

    Nah, he prefers Fox 36’s…

    dangeourbrain
    Full Member

    Nah, he prefers Fox 36’s…

    Don’t forget your coat.

    comet
    Full Member

    I wish “Stanton the New Co” success.
    I hope that Stanton suppliers haven’t fared too badly from the administration, otherwise restarting a supply chain may be difficult and secondly I hope company cost structure and demand are better matched moving forward to avoid a repeat.

    Speshpaul
    Full Member

    Great news, All the best to Dan and everyone at Stanton 2.0.
    We need some business joy news.

    Edukator
    Free Member

    Any news of the creditors and whether they have been or are likely to get paid?

    dby_biker
    Full Member

    This is great news… hopefully it all works out!! 🙂

    haggis1978
    Full Member

    Good news. Hopefully the Sherpa Gen 4 with slightly shorter seat tube is on its way then as that’s what I was hoping for before this unfortunate turn of events came about. All the best Dan.

    andybrad
    Full Member

    I hope it all works out for them

    rOcKeTdOg
    Full Member

    I’m in need of a HT frame, might put that off for a few days 🤔

    gallowayboy
    Full Member

    Pleased to see this, good news for the workers. And maybe I’ll be able to get gen.2 mech hanger/dropouts at last🤔

    sargey2003
    Full Member

    Interested to know how this works, whether anyone is going to lose out from this. Would seem strange and somewhat unfair if Dan can simply restart with a load of debt or obligations wiped off.

    craa22uk
    Full Member

    I’m a Switch9er rider and just ant to put it out there that Dan and others from the company have been really good at answering queries over on the FB owner page and that even the administrators (in my experience) have got back to emails and shipped stuff to me, it was tough times all around – but here’s to a great 2023 for Stanton!

    endoverend
    Full Member

    When is the Stanton Picolax V1 being released? I’d be up for one.

    mashr
    Full Member

    whether anyone is going to lose out from this. Would seem strange and somewhat unfair if Dan can simply restart with a load of debt or obligations wiped off.

    OTOH, if he doesn’t restart they don’t make any money from future business with the new Stanton. I completely agree that these things always seem a bit off though

    jameso
    Full Member

    Good news for Dan, happy that he’s been able to get his brand back.

    scotroutes
    Full Member

    I completely agree that these things always seem a bit off though

    It does tend to suggest that someone has been stiffed. That seems to be the most common outcome from my previous experience with these things. Maybe some clever re-financing has been made possible but that can often be delaying the inevitable (sometimes larger) crash.

    stanley
    Full Member

    I’ve seen suppliers and contractors shafted many times when businesses have gone into administration then, a few months later, continue to trade with the original owner in place.
    I worked for one of those businesses that went through this process. I left shortly afterwards as I couldn’t stand the sight of the owners (a rich family) carrying on as if nothing had happened. Well it had happened… they had cleared their debts whilst others were left skint and with their small businesses broken.

    I really hope this is not the case here. I’m also looking to buy a nice steel hardtail this Spring, but will need some convincing before Stanton go back on the list.

    clubby
    Full Member

    I worked for one of those businesses that went through this process. I left shortly afterwards as I couldn’t stand the sight of the owners (a rich family) carrying on as if nothing had happened. Well it had happened… they had cleared their debts whilst others were left skint and with their small businesses broken.

    Unfortunately that’s exactly how Limited companies work. See Rangers football club as a prime example.

    mccraque
    Full Member

    I’m really hoping this works out.

    If the plan is to wipe the debt and continue as normal – surely the people and companies that have been stiffed would be the exact same that they would then need to re-engage with in order to continue the business? So I am guessing/hoping that wouldn’t be the case. I’d imagine that credit terms and cash flow would make that a precarious point from which to re-start?

    My wife worked for a well known beverage company that also went into administration and was bought out – wiping the debt. But in fairness to the (very wealthy) owner – who did stay at the helm, the company then spent the next few years paying back those creditors that were burned. Too late for some, unfortunately…..

    setupdevil
    Free Member

    I’ve seen suppliers and contractors shafted many times when businesses have gone into administration then, a few months later, continue to trade with the original owner in place.
    I worked for one of those businesses that went through this process. I left shortly afterwards as I couldn’t stand the sight of the owners (a rich family) carrying on as if nothing had happened. Well it had happened… they had cleared their debts whilst others were left skint and with their small businesses broken.

    I really hope this is not the case here. I’m also looking to buy a nice steel hardtail this Spring, but will need some convincing before Stanton go back on the list.

    Worked out ok for RA bikes Just change the company trading name.

    Who could forget good old Sick bicycles , I think you know how this works and to a degree depends on the integrity of the person-people behind it. There’s a well know caravan company that must have changed trading name as many times as years its been in existence, rotating directors, its a loophole that allows the less scrupulous to shaft their suppliers.

    joebristol
    Full Member

    It’s a tricky one this – as Stanton make some nice bikes and wouldn’t want a small manufacturer to fail.

    My inital thought is if there is the money to buy it out of administration then why wasn’t that capital injected to pay creditors and avoid going into administration in the first place?

    Presumably the debts were too big and so someone has done badly out of administration – losing a chunk of money they were owed.

    the-muffin-man
    Full Member

    My inital thought is if there is the money to buy it out of administration then why wasn’t that capital injected to pay creditors and avoid going into administration in the first place?

    Because sometimes that money isn’t enough under normal trading conditions.

    This is business though and big businesses cost a certain amount of ‘bad-debt’ into their financial planning.

    I’m in the print-trade and there’s always some pre-pack deal in the trade press. The big paper merchants and consumables suppliers continue to trade with them though.

    I’ve been there myself – one week a machine supplier was repossessing equipment from one premises. A few weeks later they were installing new machinery in another premises.

    JefWachowchow
    Free Member

    This is awesome news. Built my first Stanton (Switch9er) last year and I love it. I let Mrs Wachowchow have a little go on it and now, in full on Harold and Hilda style, she wants one. When I buy one, I want to buy it from Dan and Co. so looking forward to the dust settling.

    benpinnick
    Full Member

    My inital thought is if there is the money to buy it out of administration then why wasn’t that capital injected to pay creditors and avoid going into administration in the first place?

    The big investment may well have been under a tax-relief scheme. In order to write it off and claim back the investment against tax for the investor, the company must fail – ie enter administration. That would allow the investor to claim back their investment against their own tax bills, clearing the bulk of the companies debt without losses (other than to the country as a whole) for the creditor.

    Thats just speculation, but my point is that administration doesn’t necessarily mean (many) creditors got shafted.

    matlockmeat
    Free Member

    Interesting. What I find odd, is if it didn’t work first time and got in to financial difficulty, how will it work now? Unless they make a lot more sales, then surely the exact same thing will happen again.

    I think one down fall of stanton and probably many businesses is the increased costs. When I first bought my gen 1 Switchback I think it was £500 which I think was acceptable.

    I sold that and wanted a gen 2 however prices had gone up so much that they reached a point where to me it was over priced and not good value so I bought a different brand for much cheaper.

    Being in the trade of supplying something for people’s hobby will always be the first place people stop spending. Although manufacturing costs have gone up, the price increases to the customer reach a point where people just won’t buy it, then sales crash and the business fails.

    What’s different this time round to make it succeed I wonder.

    I notice specialized have in the last week slashed massive amounts off a lot of ebikes such puts them back in the same price bracket as 3 years ago.

    Hopefully we are seeing people power reign in these astronomical inflation increases we’ve been hit with.
    If no one ism buying an ebike that is 8k ( that used to be 6k) then the company either have to lower the retail price of their product or go out of business.

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