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DOOSAN DAEWOO PUMA 700 LM CNC LATHE
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SWI
DOOSAN DAEWOO PUMA 700 LM YEAR 2006 HYD STEADY DRIVEN TOOLING - 4 TOOLS TURNING DIA 900 MM SWI...

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Asset sales raise over £200,000 for Paddington Construction

Posted on 12 Jun 2025. Edited by: John Hunter. Read 729 times.
Asset sales raise over £200,000 for Paddington ConstructionWhen Paddington Construction ceased trading, Normanton-based BPI Auctions was appointed to manage the sale of its extensive range of woodworking and metalworking machinery, resulting in a sale of close to £200,000. Known for producing high-quality steel-framed bathroom pods for both commercial and private developments, the business had grown significantly over its 15-year history, expanding into a purpose-built facility in North London to meet growing demand and offer clients a hands-on approach to off-site construction.

Paddington Construction had previously followed BPI’s sales and marketing activity and made contact after seeing the company’s strong track record in construction and manufacturing disposals. They were seeking a trusted partner to manage the process from start-to-finish with minimal disruption. BPI was chosen for its in-depth industry knowledge, transparent approach, and the confidence the client had in BPI’s ability to deliver results.

Two separate auctions were conducted to fully maximise the value of the assets. The first focused on woodworking and joinery equipment, featuring high-specification machinery including a 2022 Weinig Cube Plus 4 head planer moulder, a 2019 Weinig Powermat 700 CNC planer moulder, and a 2023 Anderson Genesis Evo 510 CNC router. The second sale followed with metalworking and fabrication assets, including a 2023 Bodor P3015 fibre laser cutting machine, a Durma CNC press brakes, guillotines, and MIG welding equipment.

industry-focused marketing

Together, the auctions attracted over 140 registered bidders from around the UK and further afield, generating a combined hammer price of more than £200,000. Buyers included joineries, fit-out specialists, and fabrication companies, demonstrating the value of targeted, industry-focused marketing.

BPI provided a full suite of services to ensure both sales were delivered smoothly and on time. This included asset appraisal, cataloguing, cleaning and preparation, hosting viewings, marketing, coordinating collections, machinery moving, and final site clearance. The entire process was completed within seven weeks. Paddington Construction’s Adrian White said: “I can confirm that BPI’s service is very effective, quick, and user-friendly, achieving a very quick turnaround.”

Nathan Burnham, Associate Director at BPI said: “Paddington Construction had invested in modern, high-specification machinery, and the response to both auctions reflected that. We were pleased to help facilitate two smooth, transparent sales that ensured the business could close with confidence while achieving high value return on its assets.”

These sales demonstrate BPI’s ability to support clients in the construction, joinery and fabrication sectors — offering flexible, end-to-end asset disposal solutions that unlock value and simplify the process, even at challenging times.