Jump to content
AY Mod

Little Loco Company for sale

Recommended Posts

From 

 

 

Dear all.

 

Over the past few months I have been unable to progress any Little Loco Company projects due to personal reasons. I have now come to the realisation that I can no longer continue to operate LLC and I'm inviting offers among the model railway community for the sale of the business in whole or part. Please feel free to share this statement.

 

Offered for sale is a complete tooling set (injection moulding and die-cast) for the Ruston 48DS in two styles ready for production, costing over £140,000 in total for machining, EDM on all parts, and developmental testing. In addition, the Class 22 is fully developed and ready for tooling, incorporating many novel features and systems that have been designed to be marketed separately and feature in future models. Tooling costs can be considerably reduced by removing this system-level approach.

 

I am open to offers for the business as a whole or just the rights and tooling for the Ruston, along with the Class 22 development work. Serious offers or request for further information to [email protected] – I am happy to act as a free consultant to ensure the sale and project continues as smoothly as possible.

 

I have received many emails and messages recently, and I have read them but I've not had the wherewithal to respond. Any personal messages can be sent to [email protected] please. I may not be able to respond to all but I will read them.

 

My sincere apologies and kindest regards,

Steve

 

 

  • Like 1
  • Friendly/supportive 9

Share this post


Link to post
Share on other sites
Posted (edited)

Wonder what will happen to the crowd funders for the class 22???? 

Edited by mervyn
stupidity

Share this post


Link to post
Share on other sites

I wouldn't jump to any conclusions.  Steve clearly says this move is because of personal, not financial reasons, an he is looking to sell as a going concern.  Wait and see would be my advice - speculation really doesn't help matters in these things.  

 

As an aside if Steve is reading this, I know its been a rollercoaster ride with ups and downs, but personally I am sorry he's reached this decision.  There was the potential to do so much good for the 7mm community.  All the best for the future, and I hope that LLC can be sold to somebody or an organisation with the same kind of values.

  • Like 8
  • Agree 1
  • Friendly/supportive 2

Share this post


Link to post
Share on other sites

Yes thanks for that lets hope he does get it sold ,and the new owner honours the crowdfunding arrangement ...

  • Like 2

Share this post


Link to post
Share on other sites

7mm

Share this post


Link to post
Share on other sites

In these circumstances, is sale the only/best option?

 

It may be more likely that someone could be found to take forward these projects, especially at such an advanced stage, on a partnership basis.

Share this post


Link to post
Share on other sites
1 hour ago, mervyn said:

Yes thanks for that lets hope he does get it sold ,and the new owner honours the crowdfunding arrangement ...

 

I am not familiar with the details of this particular crowdfunder. But the implication appears to be that the new owner would not be expected to pay anything for the completed CAD work - in exchange for honouring the arrangement with existing customers.

  • Like 1

Share this post


Link to post
Share on other sites

I'm sad to hear that you can't progress with Little Loco Co. I hope that you get a good offer on the acquisition of the assets and intellectual property.

  • Agree 4

Share this post


Link to post
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now

×
×
  • Create New...