Major UK Evo Tuner gone bump.

[clio_mad]

http://www.lancerregister.com/showthread.php?t=227297

 

[Christopher]

Saw this coming!

Selling all their cars on eBay using lame excuses for it... "building new cars for '09 etc"

 

[Englebert]

Explains the cars for sale then! Shame...

 

[clio_mad]

Car Planet seem to be taking over though, they've got RC's rollers and a few other things iirc.

Then theres this vvvv

As most of you know that Clive is to trusting for his own good and dedicated himself to his work,he thought he found some one who could take care of the other end of the business as in look after the customers needs and help them as much as they needed,but with him not being on top of the game plan it gave the opportunity for other people to (probably) make a little extra money each week at first and then it must of gotten out of control,but at the end of the day you don't just get out of bed one day and say I'M going to ROB my works money,it must of been in that person from day one.I have court him out on a few occasions just on stupid things but they all add up to him being a sneaky liar and I don't think the other half is as innocent ass to the nice big wedding and honeymoon,(but I could be wrong)he wasn't on enough money at work to pay for it and a few questions were asked about how it was payed for just before he was found out,there my thoughts on it a good business gone down the pan because of some Robbin dogs arse.

 

[Christopher]

Car Planet seem dodgy to me... i know of a few stories lol

 

[n0rm]

gone bump.......all because one certian director was a total cvnt......feel sorry for clive TBH

 

[Ian_182]

Sad news

 

[Rob_]

After reading MLR im glad the f*****s went bump

The 3 main people involved who worked there need putting in sacks and dumping in a river...........

f**king robbing b******s!

 

[clio_mad]

As of Monday the 20th of October 2008, it is with great sadness, for us to announce the closure of RC Developments UK LTD, with the company entering into receivership.

We are very sorry to declare this, even more sorry to pass this news to our close supporters, fans and friends who have supported RC Developments over the years. We thank you all for your 8 Years of support, and happy memories.

The reason for the closure is a shock to everyone here at RC Developments, and also we imagine to a large majority involved in the Performance Sports Car Sector.

Please allow us to surmise the situation, and explain to all the recent series of events that have lead to the downfall of RC Developments, widely respected by many as one of the leaders in innovation and success in the Mitsubishi tuning world.

2005 saw RC Developments rapidly expand as a company, brought about by the publicity of the company's successful Motorsport participation and continuing high class level of support for its customer base. This expansion required an addition to the company to handle managerial responsibilities, including office day to day running & finance control, and also overseeing the Motorsport Program at RC Developments, including securing sponsorship deals, and parts ordering.

Danny O'Hara bought into RC Developments 3 years ago, with 19% share of the company, and was made Managing Director for RC Developments. During this period of expansion and development of the company, Co-Founder of RC Developments, Max Waung, resigned as director from RC, to devote more time
to concentrate on his own business; Car Planet.

A great deal of trust was placed in Danny O'Hara, by Clive Seddon and Max Waung, to handle the business properly, and keep all accounts in good stead. Danny was made solely responsible for all financial matters, including liaising with the accountant who was contracted to handle such Tax matters.

Unfortunately for the company, this trust was misplaced. Around 6 weeks ago, Danny got married and took a week away from work to go on his honeymoon. During this period of time, a number of problems surfaced without Danny there to hide them. It was at this point that Clive and Max began to investigate the problems, and there was no doubt at the time, that there were a number of grounds of misconduct that Danny was proven to have been guilty of. The web of lies and deceit unfolded, and Danny was then released from his position as director, as mentioned in a previous thread.

There are a number of serious matters surrounding Danny's activities (some fraudulent) at the company that are still currently being investigated, to which we are not able to pass further comment, but have proven to be absolutely detrimental to the company. The web of lies Danny has been able to mastermind has caused the finances at RC Developments to reach a point of no return. 5 weeks ago, after Danny's dismissal, all at RC Developments tried to claw back finances to keep RC Developments open, by way of selling as much old and current stock, in order to keep the bank satisfied, to pay back suppliers owed vast amounts on accounts (that Danny had told us he had settled), and also back to the customers who Danny had taken money from (some of whom had placed large amounts of cash deposits with Danny).

However, the damage Danny has incurred on the company by way of his incompetence (including 3 CCJ's) has been too great of challenge to face, and despite our best efforts, the bank have made the decision to withdraw the overdraft facility and order all funds to be paid back to restore the company account (of which Clive Seddon and Max Waung are guarantors of)

With no other decision to be made, it is therefore with our deep sadness to announce the closure of RC Developments. The company has gone into receivership, with the liquidator appointed, who will assess the company and issue a creditors list.

As a result, Max has offered temporary employment to some of the employees of RC Developments, including Clive Seddon, in order to attempt to establish a Performance Tuning Sector within Car Planet, to offer Car Planet customers bespoke Motorsport and fast road preparation services.

Max has agreed with the liquidator to buy back equipment from RC Developments in order to reduce the debt, including the Ramps and Tooling. In addition to this, Max has also taken over the lease for the Rolling Road, of which Clive is guarantor. The directors of RC Developments remain responsible for the lease at the RC Developments premises for another 3 years.


With that said, all at RC Developments would like to thank each and every one of its customers, who over the 8 years of trading, have all been a pleasure to serve. We are very sorry for not being able to fight this monumental challenge, and very sorry for the community for our inability to now provide our services. Thankyou to the M.L.R and its members for all of your support. Thankyou to all of the people who have well wished all of the individuals who have built RC Developments over the years. So long and thanks for the memories.
__________________
e-mail: sales@rcdevelopments.com MSN: laurence@rcdevelopments.com

RC Developments Blog

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For calls/faxes outside the UK please use the numbers below
Tel 0044-1925244844
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If you dont want to read the below heres a quick summary.

so, danny was doing some dodgy stuff
he went away for a week
the dodgy stuff he was doing got discovered
his ass went to the police station
he got released
allegedly for the last 2 bceause this is about as far as i've got, but if someones been syphoning off funds from the compnay then that's a bit of a tricky one and he'll more likely than not end up behind some big bars

 

[Rob_]

Thats bollox all 3 directors were involved read the 46 page thread on mlr showing the shoddy work RC developments do on cars.

See dentmans pics on page 28 of his fq400 after he gave 37k to rc developments to built him a track beast.

Have a look at what rc developments gave him!!

Also not to mention customers cars with engines missing!!!

FQ400 and 37k given to rc

6 months later he went to collect car and was greeted with this

Needless to say hes now missing 37k and a mint fq400

Full story of rc developments shoddy work comes out around page 23

http://www.lancerregister.com/showthread.php?t=227297

 

[clio_mad]

Thats an FQ340 :quiet:

There was an FQ400 which the guy spent 40k on though, he had his engine stolen and his car damaged although the majority of his car was returned to him.

 

[Rob_]

Yeah 340 not 400 lol

Same still applies though, they were robbing money off people while trading insolvently and the directors need bagging and drowning.

They aint stupid though, close rc developments and re open the business under the car planet franchise.

MLR wont be touching them tho lol

 

[Ian_182]

They should all hang if this is true

 

[Merk]

Thats bollox all 3 directors were involved read the 46 page thread on mlr showing the shoddy work RC developments do on cars.

See dentmans pics on page 28 of his fq400 after he gave 37k to rc developments to built him a track beast.

Have a look at what rc developments gave him!!

Also not to mention customers cars with engines missing!!!

FQ400 and 37k given to rc

6 months later he went to collect car and was greeted with this

Needless to say hes now missing 37k and a mint fq400

Full story of rc developments shoddy work comes out around page 23

http://www.lancerregister.com/showthread.php?t=227297

Sorry...

WHAT THE f**k?!

 

[Englebert]

Dodgy as feck! Never trust anyone in the motor trade IMO...

 

[AstoN]

Dodgy as feck! Never trust anyone in the motor trade IMO...

Ahem... LMFAO tbh.

Who can you trust? It's the same with many companies all across the board. They're in it to make money, and with the 'credit crunch' they may have found a solution that suits them, and doesnt look deliberate on the surface.

You have to look out for No.1 :evil: