Norton collapse: “Significant interest” from potential buyers raises hopes of saving the motorcycle brand

This could be the first chink of light in the dark Norton story, with a new statement from BDO – the company brought in to oversee administration of the company which collapsed at the end of January.

BDO was brought in by Metro Bank to oversee the administration aspect of Norton Motorcycles three weeks after the company was in the High Courts Insolvency and Companies Court to face a winding up order for £300,000 of unpaid taxes to HMRC.

Whilst there are no details of potential buyers at the moment (and everyone from Amazon to Keanu Reeves has been much rumoured to be about to pull Norton from the mire, all rumours without, it seems any base in proof so far) Lee Causer, BDO business restructuring partner, said: “As joint administrators, we are taking all necessary steps to ensure that customers, staff and suppliers are supported through the administration process, as we seek the sale of the business and assets.

“We have had a significant volume of interest and are hopeful that a sale of Norton Motorcycles (UK) Ltd can be secured.”

Finger’s crossed.