Security kit Mountain goes under hammer in Lincolnshire

The first of a remarkable series of auctions that will see electronic security equipment valued at in excess of two million pounds go under the hammer gets underway this week with an online sale in North Lincolnshire tomorrow (Wednesday 12th August).

Adam Martin with one of the 500 security cameras going under the hammer | BTG Eddisons

placeholder image — Adam Martin with one of the 500 security cameras going under the hammer | BTG Eddisons

The auctions are taking place on the instruction of Lincoln-based Kingsbridge Corporate Solutions, the specialists handling the liquidation of Traders Warehouse Security Distribution Group, one of the country's leading independent suppliers of electronic security equipment.

Headquartered in Derby, Traders Warehouse Security had branches around the UK including Birmingham, Milton Keynes, Bradford, Preston and Glasgow.

Just a fraction of the security equipment involved. | BTG Eddisons

The company closed its doors in June and the winding up operation - a creditors voluntary liquidation - commenced on July 1st.

The entire remaining stock of the warehouses is being removed to BTG Eddisons national auction centre in Scunthorpe for the disposal auctions.

BTG Eddisons director Paul Cooper said: "The range of kit that Traders Warehouse carried went right across the electronic security field from CCTV and intruder alarm systems through to access control, fire detection and retail tagging. Furthermore the branches operated same day collection or next day delivery services, so they were all carrying extensive stocks.

"Wednesday's first auction extends to 208 lots that include over 500 security system cameras alone and of just about every imaginable type - indoor/outdoor, vandal-proof, water-proof, smart, high-speed, mini, intelligent, network etc. etc."

"Additionally the sale includes the first part of a mountain of intruder alarms, motion detectors, door and window sensors, sirens, lights, specialist video recorders, monitors and the like, plus heat detectors and smoke alarms and a very large amount of ancillary kit."

Mr. Cooper said: "The quantities of equipment involved with this series of auctions are so vast that inevitably some of it will have to be lotted in large quantities for trade buyers and specialist businesses working in the security industry but the team is also creating smaller lots that we hope will appeal and be manageable for the private buyer."

"Everything is being auctioned completely without reserve so there are likely to be some impressive bargains."

The auction catalogue is available at https://auctions.eddisonsassets.com/auctions. The first of the online auctions is scheduled to end at 1pm on Wednesday August 12th.