Miniature Matters

Forum: Miniature Matters

Discussions on the miniature hobby. Brushes, paints, miniatures, companies .. etc.

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  1. #21
    Pimp of Undead Hookers Godspeed's Avatar
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    Quote Originally Posted by Mako View Post
    Not to the UK they don't...

    When I lived in England (up until earlier this year in fact) it was still tricky at times to find Wyrd stuff, as aside from maelstrom there wasn't a huge amount of information about other suppliers. I've learned some new names in this thread to check out when I'm back there, so although it's a shame maelstrom are going down (while desperately hiding all the silverware to avoid the creditors it seems) if I can get better service from a different UK store then it all works out nicely!
    Fair enough. I just always find plugs from companies on forums funny.

  2. #22
    Panda Level Awesome Rank: Freakishly Wyrd Mako's Avatar
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    Normally, me too, but in this case it's turned out handy
    <-WIP thread; Breach Runners I fiction; Malifaux ModelTracker

  3. #23
    Pulling Strings Rank: Touched Soul Puppet's Avatar
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    I knew things were bad at MG but I didn't realise they were that bad!

    I took a punt on their recent massive discounts and it took about 2 weeks but my stuff all arrived yesterday. I guess I got lucky.

  4. #24
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    Quote Originally Posted by Mako View Post
    Normally, me too, but in this case it's turned out handy
    I can recommend the Wargame Store - bricks & mortar store with a web presence - if it's on his website he has it in stock & will despatch same day.

    And no, I don't work for him

  5. #25
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    Damn! Ok, thats where my two fate decks, the 1,5 rulebook and three "...of malifaux" Building sets are gone!

    This is realy no good start off for my Malifaux times...

  6. #26
    Wyrd Distributor Rank: Strange No Avatar
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    This will be going up on our website soon and has been e-mailed to our trade customers so they know what is going on. However I thought it would also be useful to put it here since I also posted the original comment about cutting Malestrom off a while ago:....... Essentially your continued Malifaux purchases are perfectly safe from all our other retailers here in the UK - numbers of which continue to grow

    Statement Regarding Maelstrom Games Ltd
    On the 1st October we made the difficult decision to assign the debt owed to Simple Miniature Games to Wayland Games Ltd for a nominal fee.

    This debt at the point sold stood at just under £100,000 and has been outstanding at that level and higher for over 12 months. This debt built up during a short space of time during the busiest period in our 10 year history just after significant amounts had been paid for other invoices. Promises were made to clear a large portion of the debt within a short space of time but that payment never materialised. A repayment plan was then agreed which should have seen the debt reduced significantly beyond the point that it actually has been. Unfortunately many of these payments were consistently declined and at the last the payments were continually declined.

    It was around this point in conjunction with our reading into the accounts of Maelstrom Games that we contacted debt recovery and debt purchase specialists in order to take further action and begin the recovery of assets to cover some the debt.

    Demands for the reimbursement of the failed payments and for payment of stock supplied on the 12th September for Maelstrom Games customer orders were completely ignored. As such on October 1st 2012 the debt was sold to the company which offered the best solution, not immediately for us, but for what I considered the best long term solution for our industry in the UK. We chose Wayland Games as they have a vested interest in the hobby and industry and will offer better protection to potential customers, suppliers and manufacturers, other companies would not.

    We have continued to trade as normal during the entire period of this debt and continue to order from our suppliers and pay them on time. Maelstrom Games are only one customer out of several dozen and our whole customer base is far, far greater than any one company.

    You should understand that Simple Miniature Games have supported Maelstrom through the last year even though we knew they were struggling but with our support they would continue to trade. However there are only so many broken promises that you can listen to and it became perfectly clear that assets of Maelstrom Games were being moved to other companies that had been funded by monies which should have been paid to suppliers including ourselves. There was no way Maelstrom Games could pay the debt and it would appear that steps were being taken to avoid the debts and protect other assets.

    This debt has not adversely affected Simple Miniature Games as a company as we can afford to continue to trade with this debt outstanding due to the reliability of our customer base and strong product lines. It has however affected myself and my wife personally as the reserves we have built over 10 years of hard work have had to cover the debt. It was always our intention to use around half of this profit to expand our warehouse and bring in another two or three new ranges including manufacturing our own. However this will now have to wait whilst we consolidate and build up the reserves for our future once again.

  7. #27
    Clousseau's Avatar
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    Thanks for your open and honest response to what must have been a very difficult situation. Your continued support for our hobby is much appreciated, not just through your support to retailers but through supporting shows such as Salute with multiple demo tables at your expense.

    Hopefully you can see the light at the end of the tunnel. Keep calm and cheat fate!

 

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