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UK

06/12/2019

A move from rented premises to wholly owned premises with more than double the floorspace has been pronounced a great success by the Vincent Spares Company Ltd.

"Since the move we have been flat stick. There aren't enough hours in the day," says Bob Patchett, who took over from retiring MD Ian Savage in April.

The move is the most significant step taken in the history of Vincent Spares, founded in 1975 by the Vincent Owners Club to keep Vincents on the road.

The move has allowed the spares company to expand its services, stock more parts, and improve the pick rate.

The spares service started at Lymm, Cheshire, moving to shared premises at Kettering, Northamptonshire, in 2009. The new permanent premises are at Desborough, Northamptonshire, a central location with good road links to serve the UK.

The new set-up comprises office space, spares section, workshop, boardroom, regalia storeroom, and clubroom, which incorporates an area for Vincents for sale.

The move has provided a springboard for expansion. Patchett is considering taking on extra part-time staff, and is working on improving overseas trade by negotiating with the Ministry of International Trade. Target countries for more growth include Japan, Korea, America (north and south), Australia, and New Zealand.

"The UK Vincent market is pretty well saturated," says Patchett. "We think we can expand business abroad, particularly in countries where there is major motor industry activity and interest in classic technical engineering.

Spares Co turnover has continued to increase and now exceeds £500,000 per annum.

Picture shows Jacqui, Bob and Michelle

Full story in the January issue of BDN.