Good Trader Snowdon Computers


T

Troy Steadman

THE COMPANY
Starting in July 2001 with just £4,000 capital, Niel has built a
company with a quarter of a million pounds turnover in an industry
where margins are sparse and competition is intense, selling
ex-corporate computers in Ebay and elsewhere.

THE MISSION
The company tries to be truthful but offers no guarantees, leaving the
buyer to evaluate and adopt the risk.

A 15% DISCOUNT FOR BUSINESSES
By making the auction price VAT *inclusive*, far from reducing
margins, because the selling price determines margin in an auction,
the discount encourages bidding and *increases* the margin.

That's the advertising out of the way!

18 Dec 2002
To date I have been hitting a NET profit margin of at least 30%,
probably nearer 35%, and with a new venture I am starting in
June 2003 I expect that to increase markedly.
14 Jul 2003
my Ebay turnover last financial year was just shy of
£187,000 with a NET profit margin of 17.8%
I am fascinated by the implications of this global market-place and
would be grateful is you would be foolish enough to answer these:

[1]What went wrong with the margin?
[2]What does "NET" mean - VAT? charges? packaging?
carriage? overheads?
[3]What about the new venture?
 
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S

Stephen GoldenGun

NorwichLad said:
whilst i think niel is a nice chap... i really dont see what the finer
points of his business are doing on uk.legal ?
Who is Neil? And who is Troy Steadman?
 
S

Snowdon Computers

NorwichLad said:
whilst i think niel is a nice chap... i really dont see what the finer
points of his business are doing on uk.legal ?

Nor do I! Who exactly is Troy Steadman and why has he felt the need to make
that post?
 
S

Stephen GoldenGun

Snowdon Computers said:
Nor do I! Who exactly is Troy Steadman and why has he felt the need to make
that post?
It is really bizaar. Where did he get that private and personal information
about you?? IF you can answer that question, perhaps you can find out who he
is.
 
S

Stephen GoldenGun

David Floyd said:
And who the hell is Stephen GoldenGun, and what's got to do with him
anyway?

DF
Who are you? And what business is it of yours what I post or who I post to
eh? If you hav'nt got anything relevant to say then why post.
 
S

Snowdon Computers

Troy Steadman said:
[1]What went wrong with the margin?
Nothing, you picked up a post which was made in relation to the margin on
the corporate clearance side of the business rather than the business as a
whole. I have since concentrated more on higher end stock which costs more,
generates more £ profit per item but at lower margins.
[2]What does "NET" mean - VAT? charges? packaging?
carriage? overheads?
The NET profit figure quited was the NET profit from my P&L account for
2001/2 - profit declared to inland revenue, after all expenses, for
calculation of income tax.
[3]What about the new venture?
Just gone full time with the business about a month ago and am 'launching'
that later this year/ early next.

By the way - do I know you? While I appreciate your intentions (I think) and
accept that what you posted is available at various places in the public
domain, it would have been nice if you'd have in some way contacted me
regarding this before collating it and making your findings public. :)
 
S

Snowdon Computers

Stephen GoldenGun said:
It is really bizaar. Where did he get that private and personal information
about you?? IF you can answer that question, perhaps you can find out who he
is.

My Ebay 'About me' page and goggle newsgroup archives probably. Nothing out
of the ordinary that concerns me other than a complete stranger taking such
in interest. More of a surprise than anything else as I potter though my
daily business life. :)
 
A

Alex Threlfall

Troy Steadman said:
[1]What went wrong with the margin?
Nothing, you picked up a post which was made in relation to the margin on
the corporate clearance side of the business rather than the business as a
whole. I have since concentrated more on higher end stock which costs more,
generates more £ profit per item but at lower margins.
[2]What does "NET" mean - VAT? charges? packaging?
carriage? overheads?
The NET profit figure quited was the NET profit from my P&L account for
2001/2 - profit declared to inland revenue, after all expenses, for
calculation of income tax.
[3]What about the new venture?
Just gone full time with the business about a month ago and am 'launching'
that later this year/ early next.

By the way - do I know you? While I appreciate your intentions (I think) and
accept that what you posted is available at various places in the public
domain, it would have been nice if you'd have in some way contacted me
regarding this before collating it and making your findings public. :)
/me chuckles and wonders why niel isn't sending the boys arround for a
chat with Troy...
 
S

Stephen GoldenGun

Snowdon Computers said:
Troy Steadman said:
[1]What went wrong with the margin?
Nothing, you picked up a post which was made in relation to the margin on
the corporate clearance side of the business rather than the business as a
whole. I have since concentrated more on higher end stock which costs more,
generates more £ profit per item but at lower margins.
[2]What does "NET" mean - VAT? charges? packaging?
carriage? overheads?
The NET profit figure quited was the NET profit from my P&L account for
2001/2 - profit declared to inland revenue, after all expenses, for
calculation of income tax.
[3]What about the new venture?
Just gone full time with the business about a month ago and am 'launching'
that later this year/ early next.

By the way - do I know you? While I appreciate your intentions (I think) and
accept that what you posted is available at various places in the public
domain, it would have been nice if you'd have in some way contacted me
regarding this before collating it and making your findings public. :)
I thought it was quite a bizaar posting?
 
S

Stephen GoldenGun

Troy Steadman,


Do you mind if I ask you the following questions.

1/ Where did you find that information publically available about Snowden
computers

2/ Why did you post that information?

I hope you don't mind me asking I am just curious to know what your reasons
where?

Best Regards
 
S

Snowdon Computers

Alex Threlfall said:
/me chuckles and wonders why niel isn't sending the boys arround for a
chat with Troy...

Not enough information to get any idea of where he lives on UK Info Disc. :)

Like everyone else I would love to know his motivation in making that post
though.
 
S

Stephen GoldenGun

Snowdon Computers said:
Not enough information to get any idea of where he lives on UK Info Disc. :)

Like everyone else I would love to know his motivation in making that post
though.
But the strange and bizaar thing is that Mr. Troy Steadmen could easily have
asked his questions without having to refer to your private data?
I assume your private data was in the public domain in the first place!

I wrote a posting just asking why, out of pure interest, it just seems so
bizaar without any reason?
 
S

Stephen GoldenGun

NorwichLad said:
the trader the first poster references


your guess is as good as mine!
Thanks Norwhich Lad, I see that Neil is the owner of Snowden Computers...

I have asked Troy Steadman why he posted...I am just interested to know the
reason as he could have asked those questions without referring to neils
private data..

But maybe he posted it just so it could illustrate his questions.

Or maybe he's wanting to set up an ebay shop himself? I was just fascinated
to know why.
 
S

Stephen GoldenGun

Alan Terry said:
Too many of us know the answer to that one :eek:)


Don't ask - you will never find out, even from him.

:eek:)
Hi Terry,

Have you noticed that alot of people on this site post under different
names? You can tell from the syntax, from the ip number their computers use,
its strange why people don't stick to one name.
 
S

Stephen GoldenGun

Alan Terry said:
That's progress - understanding a problem is half way to solving it!

:eek:)
Well we hav'nt got a problem here, but it is a conundrum, it is an
unexplained mystery we are trying to get to the bottom of.. Can you help
explain why Mr. Troy posted this info?
 
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D

Dave

Stephen GoldenGun said:
Well we hav'nt got a problem here, but it is a conundrum, it is an
unexplained mystery we are trying to get to the bottom of.. Can you help
explain why Mr. Troy posted this info?
I know what you mean Stephen. It certainly is one to pause for thought on.
I really is a conundrum isn't it?! ;) It's so facinating I can see how you
have worked yourself up so much. Damn, I wont sleep a wink tonight. Oh
Troy, how could you do this to us?! You are wicked, man.
 

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