DCSIMG

Huge auction for bust party supplies firm

Auctioneer Paul Cooper with Party Kiosk's stock which is going under the hammer next week.

Auctioneer Paul Cooper with Party Kiosk's stock which is going under the hammer next week.

A massive auction of more than 30,000 party and fancy dress items is taking place online next Tuesday.

Boston-based online party supplies company Party Kiosk has gone bust and called it a day - with the entire stock now up for grabs.

The directors of the firm, which operated from a unit at Butterwick, called in industrial auctioneers CJM Asset Management to sell off its party supplies, fancy dress costumes and accessories ahead of the appointment of a liquidator.

The stock has now been moved to the CJM Auction Centre in Scunthorpe where it is to go under the hammer in an auction next Tuesday.

CJM director Paul Cooper said: “The decision of the directors to wind the business up has been taken in the light of the difficult market conditions. Everybody’s getting into party supplies, from small online operators through to the major supermarkets. Even Warren Buffet, the world’s most famous investor, bought a party supplies company a few months ago.

“Party Kiosk could provide everything needed to stage a themed children’s party, circus, Mickey Mouse, Scooby Doo, colours, knights, animals - or a centenarian bash, not to mention hen parties, Christmas and Halloween.

“Over 150 different designs of tableware were held in stock for example.

“The supplies that we have been sent have half-filled our auction centre – over 30,000 items.

“We’re expecting the auction to attract a lot of interest and some lively bidding.”

The star lots going under the hammer include a large range of masks, some of which retailed for over £50 a time, and children’s fancy dress on themes ranging from pirates, clowns and cowboys through to crocodiles, spiders and pumpkins.

“Given the sheer scale of the thing we are having to auction part of the stock in larger trade-size lots but we are selling some of the more interesting items in smaller quantities that will appeal to members of the public,” said Paul, adding: “For anyone with a children’s party coming up, it is certainly worth a look – and we are now only a couple of hundred days away from Halloween.”

The public viewing session for the auction is 10am–4pm on Monday (March 17) at the CJM Auction Centre on Dunlop Way in Scunthorpe.

The online auction, using the BidSpotter platform (www.bidspotter.co.uk), is scheduled to close at 12pm on Tuesday.

 

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