Hello all,
As many of you may have heard today* (potentially through Sam's Trains on YouTube), the model railway company DJ Models has gone "voluntarily" into liquidation.
DJ Models is known for their perhaps not perfect quality models (the J94 springs to mind as one which was not well-recieved). However, as Sam's Trains says in his most recent video (as at the time of writing this), Dave Jones has spent a lot of time and money on this model railway company and for it to go away is a major thing for all involved.
It is currently unknown as to what will happen concerning money which has been given to the company in the form of pre-orders which will now almost certainly not be made. The below is from https://www.world-of-railways.co.uk/brm/reviews/dj-models/news-dj-models-goes-into-receivership:
-Peter
*The news was published by Sam's Trains on the 12th of June 2019, but the World of Railways website listed above gave information on this topic on the 5th of June 2019 (last Wednesday).
As many of you may have heard today* (potentially through Sam's Trains on YouTube), the model railway company DJ Models has gone "voluntarily" into liquidation.
DJ Models is known for their perhaps not perfect quality models (the J94 springs to mind as one which was not well-recieved). However, as Sam's Trains says in his most recent video (as at the time of writing this), Dave Jones has spent a lot of time and money on this model railway company and for it to go away is a major thing for all involved.
It is currently unknown as to what will happen concerning money which has been given to the company in the form of pre-orders which will now almost certainly not be made. The below is from https://www.world-of-railways.co.uk/brm/reviews/dj-models/news-dj-models-goes-into-receivership:
www.world-of-railways.co.uk also said the following concerning the financial aspect of things. This refers to those who have crowdfunded:Digitrains, who was working with DJM on an N gauge King George V has said "All projects have been cancelled. Including the new N gauge King class in all guises and consequently our sound fitted versions of number 6000 too.".
No information is available to assist those who have paid money into the crowdfunding schemes to suggest how they may recover some or all of it. However, if you paid by credit card or PayPal, there is a thread running on RMweb discussing options.
After several days of speculation, DJ Models entered receivership on the 6th June. A full notice to this effect has been published in the London Gazette.
The firm produced a number of models, including a J94 in conjunction with Hattons and a Class 71 electro-diesel, claiming to be the first crowd-funded model. An ambitious programme of future releases had been promised, with initial payments under the crowd-funding scheme collected for some of these.
No statement has so far been issued by either Dave Jones, owner of DJM, or CG & Co. the firm apparently appointed to handle the closure and disposal of any assets.
Digitrains, who was working with DJM on an N gauge King George V has said "All projects have been cancelled. Including the new N gauge King class in all guises and consequently our sound fitted versions of number 6000 too.".
It appears that, according to a couple of sources, the APT-P project will not progress either.
No information is available to assist those who have paid money into the crowdfunding schemes to suggest how they may recover some or all of it. However, if you paid by credit card or PayPal, there is a thread running on RMweb discussing options.
There are statements from those DJM has been working with on the future of those projects:
Digitrains - King George V
Durham Trains - APT-P (via Facebook)
-Peter
*The news was published by Sam's Trains on the 12th of June 2019, but the World of Railways website listed above gave information on this topic on the 5th of June 2019 (last Wednesday).
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