Edward Symmons

Fastline Small Plant Depot
Park Lane
County Durham
Darlington
DL1 5AE

For More Information Contact:

Edward Symmons
2 Southwark Street
London
SE1 1TQ

T: +44 (0)207 955 8454
F: +44 (0)207 407 6423

Edward Symmons appointed to sell assets of Fastline Ltd and Jarvis Rail Ltd of the Jarvis Group

Following the appointment of Deloitte LLP as administrators of Fastline Ltd and Jarvis Rail Ltd of the Jarvis Group, Edward Symmons LLP has been instructed to sell the assets of the companies.

Online Auction - Phase II Darlington

RAIL MAINTENANCE EQUIPMENT, HANDTOOLS, LIGHTING, ETC (Subject to availability)

On View: Tuesday 22nd June 2010 between 9.30am and 4.30pm

At: Fastline Small Plant Depot, Park Lane, County Durham, Darlington, DL1 5AE

Online Bidding Ends: Thursday 24th June 2010 at 12.00noon

Clearance: All lots to be removed from site by 5.00pm Friday 9th July 2010

The sale of assets from of Fastline Ltd and Jarvis Rail Ltd will include:

Drilling, Cutting and Grinding Equip: Inc:- Cembre rail & sleeper drills; Rotamag rail drills; Husqvarna 2 stroke profile grinders and rail disc cutters; Geismar MP12 rail grinders, and Frog grinders; 110v Hammer drills & angle grinders etc Geismar MP12 rail grinders, and Frog grinders; 110v Hammer drills & angle grinders etc

Generators: Inc:- Petrol & diesel 110v generators, 3.0 to 5.0 KVA

Hydraulic Tools and Equipment: Inc:- Cembre PCM-2P (6off) (04/06) and Geismar AP11 (17off) (05/02) Fastclip machines; Powerteam stressing power packs, hydraulic cylinders and tie bars etc

Impact Equipment: Inc:- Wacker DPU 6055 vibrating plate compactors; Kango & Milwaukee 110V breakers; JCB Beaver & Beaver III hydraulic breakers (4off); Maxim & Vessel 2 stroke impact wrenches

Jacks, Lifting and Carrying: Inc:- Rail link trolleys; Simplex & Duff ratchet jacks; cable & pan jacks; Rotamag 1 tonne rail lifters; rail lifting beams & chain etc

Lighting Equipment: Inc:- Halide VT1 lighting towers (6off); SMC TL90 lighting towers (8off) 110v cross lights; 110v tripod lights; Large qty of 110v link lighting; battery powered 12v Super lights

RMMM/ Mobile Plant: Inc:- Pandrol MK4A Fastclip machines (3off); Permaquip scissor lifts (2off); Geismar Ego 4 (1off) & Ego 5 (3off) powered personnel carriers and TT6 trailers (3off)

Safety Equipment: Inc:- Rail marker boards; Radiodetection cable avoidance tools and generators, Harrington and other audible warning devices

Hand Tools: Inc:- Pandrol pan setters and pullers; Fastclip tools; Norbar torque wrenches

Welding Equipment: Inc:- Geismar weld trimmers (11off); Genset MPM5 2 stroke welder
Jarvis Rail Ltd has recently been heavily involved in track renewal work and upgrades on both the London North Eastern and London North Western sections of the UK rail network. Fastline Ltd is a supplier and operator of "On Track Plant".

- Over 100 major pieces of "On Track Plant", many of which have been rebuilt and updated over the last few years, and include plain line & switch & crossing tampers, dynamic track stabilisers, track relaying machines, cranes, ballast regulators etc. There is also a substantial stock of spare parts, full lists are available on request.

- The "Small Plant" division, encompassing over 18,000 items ranging from small hand tools and lighting to much larger rail mounted inspection trolleys etc. It is intended to hold a series of ‘Online' auction sales commencing in June to sell this considerable inventory of tools.

- Two class 56 locomotives, fully rebuilt in 2005 at a cost in excess of £700,000 each.

- The considerable stock employed in the Jarvis Rail Ltd subsidiary which conducted OHLE, S&T and rail renewals work.

Steve Mason MRICS, the partner managing the disposals, said: "It is rare for such a diverse range of high quality track plant to come to the market in such quantities. As a result we have already received considerable interest from around the world and are in the process of evaluating initial offers."

Direct Link to bid: http://www.bidspotter.co.uk/