Welcome to the forum. Although you can post in any forum, the USA forum is here in case of local regs or laws

ZERO! Williams & Co sold in management buyout

View the thread, titled "ZERO! Williams & Co sold in management buyout" which is posted in UK Plumbers Forums on UK Plumbers Forums.

I was born in 86 so must have been a good year. Well for port at least!

Congratulations to Ray, Williams & co and all that sail within her.

I take it you'll be refurbishing you're East and west wing next year! But seriously take a holiday man!

I will say this does somewhat throw a spanner in the works for appointing you chancellor of the exchequer when my uprising takes place next month!

Well done and congratulations to all the team.

Where the shares limited per employee or did you find s few really went for it?
 
well done ray, our family did a simular thing about a dozen years ago with a business t/o around £28m. took 3i investment loan to help mbo and retained 51%.
hope you did what we did first before we payed the 'blc Rover' price!!..........................drop all the sales down first to get it cheaper.lol

bet your knackered? soldier on and get rid of that finance.....
 
In all seriousness Ray I couldn't be happier for you and your guys. Now if somebody could just explain the biscuits thing to me
 
Well done Ray and team, here's to cheaper prices from here on in! 😛arty:
 
Last edited:
Congratulations Ray,

It really shows how much faith you and your staff have in the business.

Onwards and upwards.

On a side note trust me to leave the facebook group a couple of days ago. I just couldnt stand the knob heads anymore. Whats the offer?
 
fantastic news Ray, you have a great company there and a great workforce as well. i wish you all well in your fantastic adventure and i raise a glass to you all :8:
 
Well thats buggered it .....Dean in the Slough branch will want me to pay for the tea now that he is a shareholder and minimising anything given away for free......damn you Stafford........and damn you again.

Well done and congratulations to all at Williams.
 
soon be like John Lewis, a nicer place to shop than tescos, congrats and Mr W has a little pension to retire on now 🙂
 
gasmanrob said:
I take it you'll be refurbishing you're East and west wing next year!
Click to expand...

Ha flippin' ha. Not for so long as the bank manager has my gonads in his vault.

gasmanrob said:
Well done and congratulations to all the team.
Click to expand...

Thanks

gasmanrob said:
Where the shares limited per employee or did you find s few really went for it?
Click to expand...

We had some existing shareholder employees, and the ones that had been with us for years had really quite valuable stakes to roll over. For a lot of the guys its just a few hundred quid or a grand or two, but there are a small number of bigger hitters who have made serious (tens of thousands) investments.
 
Riley said:
Now if somebody could just explain the biscuits thing to me
Click to expand...

Its really easy. Deliveries on our own vehicles don't come with biccies. So you get deliveries (presumably from Nigel in Southampton, or possibly StevieD from Fareham). You get the pleasure of their witty banter and repartee, but have to make your own calorific arrangements.

When we started the ecommerce thing, we felt the loss of control over the selection of drivers, since we obviously don't control the carriers choice of driver. The last thing we wanted was a customer's primary impression of us being a miserable git of a driver, so we started including packets of jelly babies with orders. Not many people can resist smiling when given jelly babies. But jelly babies get boring after a while, so we ring the changes, and a big favourite is the biccies.

Unless you have transgressed against the unwritten code, obviously. Then you get blacklisted. 🙂
 
Congratulations Ray to you and your team, I'd say I hope you do well but you've already proven that you and your team are winners , all the best ,
 
Congratulations ray and the team just remember Ray the only way is up.

Take it you will still be here providing helpful advance.
 
Ray Stafford said:
Its really easy. Deliveries on our own vehicles don't come with biccies. So you get deliveries (presumably from Nigel in Southampton, or possibly StevieD from Fareham). You get the pleasure of their witty banter and repartee, but have to make your own calorific arrangements.

When we started the ecommerce thing, we felt the loss of control over the selection of drivers, since we obviously don't control the carriers choice of driver. The last thing we wanted was a customer's primary impression of us being a miserable git of a driver, so we started including packets of jelly babies with orders. Not many people can resist smiling when given jelly babies. But jelly babies get boring after a while, so we ring the changes, and a big favourite is the biccies.

Unless you have transgressed against the unwritten code, obviously. Then you get blacklisted. 🙂
Click to expand...



And and here's me thinking it was because you loved us.
 
Sorry ray only just seen this, (on holls). Just a massive congratulations and good luck from me, it goes without saying , keep up the good work. So theres no change there then.
 

Official Sponsors of Plumbers Talk

Reply to the thread, titled "ZERO! Williams & Co sold in management buyout" which is posted in UK Plumbers Forums on Plumbers Forums.

Similar plumbing topics

R
Sponsored thread - Williams & Co introduce "living wage"
Replies
29
Views
4K
zeebeedee
Z
O
Intaklean Magnetic Filter - Williams & Co
Replies
3
Views
4K
Ermintrude
E

We recommend City Plumbing Supplies, BES, and Plumbing Superstore for all plumbing supplies.

Featured Content

Sponsors

Electric Underfloor Heating The Wetroom Store Heating 2 Go Electrical Goods - Electrical Tools - Brand Names Green Electrical Goods

Thread statistics

Created
Ray Stafford,
Last reply from
solutions,
Replies
88
Views
2,573
Back
Top