ST Holdings ceasing trading from

Discussion in 'Drum & Bass' started by Upakut, Jul 16, 2014.

  1. Upakut

    Upakut CEO - Kevlar Beats Recordings

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    From Friday I been told is this true?
     
  2. iamdjsimm

    iamdjsimm Well-Known Member

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    That would imply Surus goes as well wouldn't it?

    - - - Updated - - -

    For week commencing 21st July their website states they only have 1 release.

    Somebody fucked up somewhere with this whole surus losing labels thing. 90% of my purchases were distributed by st!
     
  3. Disturbd

    Disturbd Winter is here!!!

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    Fuckin jokin

    - - - Updated - - -

    I know narrative s as got it's own shop now so maybe
     
  4. Upakut

    Upakut CEO - Kevlar Beats Recordings

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    Told by my colleague starting as a new distribution company. Seems so but why shut that side down?
     
  5. $pyto

    $pyto Soundcloud changed everything

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    Sounds like they're skint

    Liquidate company, have debts written off,
    Start new company
    ????????
    Bleach
     
  6. iamdjsimm

    iamdjsimm Well-Known Member

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    There's something major in the background with this lot. There must be. Labels jumping ship for fun.... and now this?
     
  7. Rasmic123

    Rasmic123 Active Member

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    tbf, the only labels i bought off surus (exit and dispatch) have their own stores which are very good and reasonably priced so this isnt too bad a thing
     
  8. thedjnifty

    thedjnifty Well-Known Member

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    Mans got a ting for bleach atm init.
     
  9. $pyto

    $pyto Soundcloud changed everything

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    Secretly getting paid by Mr Muscle for doing promo atm...

    BLEACHBLEACHBLEACH
     
  10. Disturbd

    Disturbd Winter is here!!!

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    Commercial suicide,31 and narratives aswell dispatch n exit critical
     
  11. jungle_fever

    jungle_fever Well-Known Member

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    i've just had a look at the company accounts for both Surus Limited (05499443) and S.T. Holdings Limited (00983546) and they both appear financially viable. No CCJs, administration or liquidation orders which makes me think that, (if this rumour turns out to be true), this is a business decision to close instead of a company which is being forced to close due to financial problems.
     
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  12. Menosance

    Menosance aka OSOI

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    If this is the case, it could be that Surus won't be known as Surus anyone. New website, new look, new everything and possibly (as I suspect) No more working with D&B labels. Techno and House only.

    Plus, what jungle fever said as well, makes even more sense.
     
  13. Upakut

    Upakut CEO - Kevlar Beats Recordings

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    Thankfully. They definitely are a top top distribution comp
     
  14. The Watcha

    The Watcha Well-Known Member

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    this is a shame if so

    Anyone else tried Surus this morning? Says there is an error
     
  15. Stubsnz

    Stubsnz Boshing Out on the tables

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    What a shame. First Chemical, now Surus.
     
  16. 808 Dnb

    808 Dnb Well-Known Member

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  17. jungle_fever

    jungle_fever Well-Known Member

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    Kasra -
     
  18. Menosance

    Menosance aka OSOI

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    From Kasra's FB:

    So it is happening.
     
  19. Rasmic123

    Rasmic123 Active Member

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    from kasra's fackbook
     
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  20. iamdjsimm

    iamdjsimm Well-Known Member

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    Surus just had tech issues which is why it was down.

    They've never implied the closure is down to bankruptcy like Chemical. From what I can gather it's a decision made by ST themselves rather than a forced situation.

    It seems strange to me but I don't know the reasons behind it.