The historic Moore Large Derby bicycle company goes bankrupt with 103 job losses

A long-established Derby bicycle company has gone bankrupt with the loss of more than a hundred jobs. Based in Sinfin, Moore Large was a major importer and wholesaler of bicycles, accessories, cycling wear and parts, selling to retailers including Go Outdoors, Amazon and Costco.

Determined efforts were made to save Moore Large from failure, but the company has been handed over to managers who say the shares will be sold and the vast majority of its 103 staff will lose their jobs. A total of 26 people have been temporarily detained to wind down the operation.

Director Adam Biggs said: “I am extremely shocked and it has been a very difficult time after all of us have worked so hard to save Moore Large. I really can’t thank all the staff enough for their loyalty and dedication.

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“Some of them had been with Moore Large for 20 or 30 years and on the day we announced the news, the response was overwhelmingly understanding and positive. There was no sign of anger.”

There had been concerted efforts to secure new investment, but a deal that fell through late last week was the last straw. It was decided to bring in administrators who chose to close the business and notify staff of the decision on the morning of Tuesday, March 14.

Mr Biggs, along with Dale Vanderplank, Adam Garner and Andrew Walker, was part of the management team that bought the Moore Large company in April 2022, based in a 20,000 square foot warehouse in Sinfin Lane. He says the timing of the sale proved to be a problem for the new owners who had taken on multi-million pound debt to buy Moore Large from the Moore family.

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