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YT Industries enter insolvency

Northwind · 2025-07-16T16:38:11Z

Don't think I've seen this discussed, just saw on reddit that YT customers with outstanding orders are receiving emails advising that the company has entered insolvency and that orders have all been put on hold (and funds already paid dropped into the insolvency estate). Comes right on top of a big sale that must have sucked up a bunch of as-yet-undelivered orders too. Not good news...If you've got an order outstanding with them, credit card chargeback time I think?Pinkbike have a story describing it as a "reorganisation" under self-administration and stating that it's business as normal but that seems to contradict what YT are telling customers. "Hello Young Talent, We regret to inform you that, due to ongoing insolvency proceedings, your order xxx has been put on hold. As your payment was received before the proceedings officially began, it is legally considered part of the insolvency estate. At this stage, we are unable to issue refunds or provide further details about the status of your payment. We understand how frustrating and disappointing this situation is, especially without a clear resolution. If you wish to explore your options, we recommend reaching out to your payment provider to inquire about potential next steps. We truly regret that we cannot offer you a better solution at the moment, and we’re very sorry for the inconvenience this has caused. Thank you again for your patience and understanding. Sincerely, Your YT Industries Team"

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b33k34

Posts: 2990

Full Member

Posted by: Rubber_Buccaneer

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Posted by: Mister-P

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Some of those work benches & cabinets are rather tempting. However with hammer fee and VAT added it means every £100 bid is £138 final cost.

I’m trying to resist a stupid purchase, especially of anything I wouldn’t be able to transport myself. Hopefully the bids will rise significantly and I’ll forget about it.

you've bid on the mannequins, haven't you?

https://marriottco.co.uk/auctions/#!/auctions/aedaad4d-f769-4f26-a0f1-a05c60754da7/listings/4e171193-1f71-40ff-86ec-5542b83da6f2?ic=30&page=2

Posted : 16/10/2025 1:49 pm

chakaping

Posts: 40432

Free Member

I may get YT lynch mobbed

Posted : 16/10/2025 1:58 pm

Rubber_Buccaneer

Posts: 9057

Full Member

Posted by: b33k34

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you've bid on the mannequins, haven't you?

and a goat mask (broken horns)! 🐐😀

Posted : 16/10/2025 2:20 pm

masterdabber

Posts: 1111

Free Member

Just makes me sad knowing that a friend of mine (and my son's) has got laid off as a result of all this. Hope it all works out well for him in the end.

Posted : 16/10/2025 5:56 pm

suspendedanimation

Posts: 502

Free Member

Did those who ordered in the fire sale, which took place just before they went into administration, end up getting their orders do we know?

Posted : 17/10/2025 12:01 pm

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